Crocs to Buy Employee Stock Options
Crocs Inc is launching a cash tender offer for employee stock options worth up to $315,000. Crocs said it decided to make the tender offer following a decline in its stock price since November 2007, which “has significantly eroded the value of a substanti
OIA Hails Re-Introduction of Affordable Footwear Act
Outdoor Industry Association (OIA) is applauding action by Senators Maria Cantwell (D-WA) and John Ensign (R-NV) to formally re-introduce the bipartisan Affordable Footwear Act (S.730), legislation that would permanently eliminate “extraordinarily high ta
Skechers Enters Eyewear License
SKECHERS USA, Inc. has signed a worldwide licensing agreement with Viva International Group to create SKECHERS-branded sunglasses and prescription eyewear. The SKECHERS eyewear collection line is set to debut in Spring 2010. Viva already has eyewear licen
Skechers Enters Eyewear License
SKECHERS USA, Inc. has signed a worldwide licensing agreement with Viva International Group to create SKECHERS-branded sunglasses and prescription eyewear. The SKECHERS eyewear collection line is set to debut in Spring 2010. Viva already has eyewear licen
Heelys Narrows Losses for Q4
Heelys, Inc. reported sales slumped 37.1% in the fourth quarter ended Dec. 31, to $9.8 million from $15.6 million a year ago. The net loss was trimmed to $5.2 million, or 19 cents a share, from $5.9 million, or 22 cents, a year earlier…
Klean Kanteen Joins Conservation Alliance
Klean Kanteen, the maker of stainless steel water bottles, said it recently became a member of the Conservation Alliance, and was also honored last Wednesday at the California Ocean’s Day Reception in Sacramento, for its environmental stewardship…
Boulder Outdoor Specialty Group Adds to Sales Team
The Boulder Outdoor Specialty Group (BOSG), a collection of six cornerstone outdoor industry brands, has added Jim Farrow to its team of dedicated territory sales managers…
Outdoor Retailer Survey: Apparel, Footwear Rank as Top Product Categories
Outdoor Retailer has released key findings from the Outdoor Retailer 2009 Retailer Survey. The online survey aimed to gauge the thoughts and feelings of retailers in relationship to their overall trade show experience and included topics like reasons for
G-III reports 37.1% Jump in 2008 Sales
G-III Apparel Group, Ltd. reported sales increased by 32.6% in the fourth quarter ended Jan. 31, to $170.7 million from $128.7 million. The company lost $32.1 million, or $1.93 a share, due to a goodwill impairment charge…
Sears Holdings Names SVP/President, Fitness and SG
Sears Holdings Corporation has named Hugo Malan as SVP and president, Fitness and Sporting Goods. Malan most recently served as Managing Director, Barclays Capital…
Targeted Endorsement Dollars Still a Wise Spend
Athlete and celebrity endorsement dollars are best spent when targeting a young or minority sports or outdoor consumer in the U.S. That is one conclusion generated by the SportsOneSource 2009 Brand Strength Report that measures how American consumers vie
Burton Founders Eliminate Own Salaries as Layoffs Occur
Burton implemented cost savings initiatives last week as it reduced head count and implemented a reduction in salaries across the board. In a move that should likely garner more attention than it has, Burton owners Jake and Donna Carpenter have chosen to
Mammut Sales Rise 8.8% in 2008…
Mammut Sports Group reported an increase in sales of 8.8% to CHF 192.6 million ($171 mm) lfor 2008 thanks primarily to buoyant demand for clothing and technical products. The company stated that without currency translation effects, growth would have reac
The Walking Company to Restructure After Tough Q4
The Walking Company Holdings, Inc. reported fourth quarter net sales increased 3.9% to $ 79.6 million from $76.6 million last year as full year sales grew 3.5% to $241.5 million from $233.3 million in 2007. Sales growth was primarily due to the addition o
JJB Sells Health Club Division, Fires CEO
JJB Sports has moved its health club division off its books, while also removing CEO Chris Ronnie from the corner office. Among all those shifts, the company also reiterated its earlier guidance of a 2008 loss of between £5 million ($7.3 million) and £10
