Billabong Adds Dakine to Action Sports Empire
Billabong International Ltd. added to its impressive stable of brands, by announcing the acquisition of surf accessories maker DaKine Hawaii Inc.
Bob’s Stores Sold to Private Equity Groups
TJX Cos. Inc. is selling Bob’s Stores to a pair of private equity firms, Philadelphia-based Versa Capital Management and Boston-based Crystal Capital.
Sorensen Looks to Bring Gargoyles Back to Life
FGX International named Scott Sorensen as director of its Quantum Lifestyle/Sun Brands division, where he will be responsible for the Anarchy, Angel and Gargoyles fashion and action sports brands, as well as several of FGXI’s licenses…
Vibram to Open New China Facility
In April 2009, Vibram will celebrate the grand opening of its $12 million facility, the Vibram China Tech Center…
Action Sports Retail Gets a Fresh Look
Dick’s Sporting Goods’ entry into California may open up broader expansion opportunities for action sports lifestyle brands.
Taiwan Bicycle Exports Soar in North America
Taiwan's unit exports of bicycles to North America during the first six months of 2008 rose by 19% to 386,671 bikes from 325,745 bikes in the same period a year earlier, according to statistics from the Taiwan Bicycle Exporters' Association. By
Energy Costs Squeezing Michigan Retailers
Retailers are feeling a double squeeze from rising fuel prices as their own shipping and receiving costs rise even as they try to hold – or even lower – prices to lure consumers with less discretionary income…
Werner Paddles Adds Website Features
Werner Paddles has launched a completely redesigned web site to better support its dealers and consumers.
The paddles remain the emphasis of the site, but improvements have been made to navigation functions and with the introduction of WernerTV Product Vi
ASICS America Expands Corporate Headquarters
ASICS America is moving its corporate headquarters to a larger space in Irvine, CA. The new headquarters is just a few miles east of its current location and will add an additional 11,000 square feet of space. The move is scheduled for September 19, 2008.
Athlete and Spokesman Buys Stake in Winterstick Snowboards
Winterstick Snowboards rider athlete and spokesman Tom Burt has taken an equity position in the company and will provide input into designing the hand-built boards. Winterstick, which shifted manufacturing to Telluride, CO-based Wagner Custom last season,
Jart Skateboards Opens U.S. Office
Jart Skateboards, hailing from the Basque region of Spain, has opened offices in Los Angeles, CA, as part of its entry into the U.S. The office will be used as a call and shipping center. Jart, which produces OEM decks for skateboard companies while selli
Dick’s/GSI Renew Contract
GSI Commerce Inc. and Dick's Sporting Goods Inc. announced that they have signed a new 15-year contract. Sales through dickssportinggoods.com have grow more than 10 times since the beginning of Dick's relationship with GSI in 2001…
Bob’s Stores Sold to Private Equity Groups
TJX Cos. Inc. announced the sale of Bob's Stores to a pair of private equity firms, Philadelphia-based Versa Capital Management and Boston-based Crystal Capital. Financial terms were not revealed, but TJX said the sale would generate $23 million in
Foot Locker Sees Strength in Marquee Drive Q2, Adds Excitement for H2
Foot Locker had a strong second quarter as sales increased slightly and the retailer swung to a net profit after a year-ago loss with help from a leap in gross margins. Even more promising was a 3.5% decline in inventory at quarter-end versus the same ti
PacSun Sales Up Slightly for Second Quarter as Retailer Switches to Net Profit
During the company’s earnings conference call on Aug. 21, Pacific Sunwear of California, Inc. reported that total sales for the second quarter of fiscal 2008 ended Aug. 2 rose to $312.7 million this year from $311.8 million in 2007…
