OIA Sees Upper End of Market Prospering
Outdoor Industry Association released its retail sales top-line report for May 2008 last week, indicating a strengthening market for outdoor products even as the economy weakens amid higher gasoline prices, a tougher job market and the lowest consumer con
Kayak Importers Tighten Belts, Struggle with Pricing
Some kayak importers were scrambling more than usual to nail down prices and pre-season offers for the Outdoor Retailer show last week courtesy of a weak dollar and rising shipping costs. And there was not much consensus on how much prices will rise…
European Outdoor Industry Forecasts 2.5% Growth
Sales by outdoor retailers will grow 2.5% to €5.82 billion in Europe this year, according to estimates released Thursday at a press conference marking the opening of the OutDoor trade show in Friedrichshafen, Germany…
Carl Zeiss Optical Announces Hires
Carl Zeiss Optical, Inc. has created the positions of Eastern and Western regional sales team leader to increase sales coverage and regional focus…
OIA: Outdoor Sales Up 12% in May
Total outdoor product sales in the United States reached $449 million in May, up 14% in units and 12% in dollars over May 2007, according to Outdoor Industry Association's Outdoor Topline Report. May marked the fifth straight month of overall sales g
Finish Line Reinstates Quarterly Dividend
The Finish Line, Inc. has reinstated the quarterly cash dividend program with a 20% increase to 3 cents per share of Class A and Class B common stock. The first quarterly cash dividend will be payable on Sept. 15, to shareholders of record on Aug. 29. The
Tandem Shareholders Asked to Pay off Deficit
Two months after reporting a 70% increase in profits, Tandem Group plc, is asking shareholders to let it use $10.6 million set aside to pay dividends and fund stock buybacks to pay off its deficit. The British maker of bicycles, golf gear, toys and other
Ever-Glory to Start Trading on AMEX Wednesday
Ever-Glory International Group, Inc. said its Chairman and CEO Edward Yihua Kang has been invited to ring the opening bell at the American Stock Exchange at 9:30 a.m. EDT on Wednesday, July 16, 2008, to celebrate the listing of the company on the exchange
Dick’s SG to Shutter Golf Galaxy HQ
Golf Galaxy, a wholly-owned subsidiary of Dick’s Sporting Goods, Inc., will close its headquarters in Eden Prairie, MN, affecting several dozen jobs, according to a report in Minneapolis's Star Tribune…
NSGA: Used Sports Gear Purchases Surpass $1B
Consumers purchased $1.08 billion in used sporting goods equipment in 2007, according to a report just released by the National Sporting Goods Association (NSGA)…
Titleist Bolstered by Patent Ruling in Callaway Dispute
Acushnet Co. secured a victory last week in its ongoing dispute with Callaway Golf for the right to continue to manufacture its Titleist Pro V1 golf balls…
Element 21 Forecasting Strong Q4 Revenue Growth
Element 21 Golf Company, the Toronto-based manufacturer of Scandium Alloy golf and fishing equipment, expects to report record 2008 fiscal fourth quarter revenue due to exceptionally strong sales of both lines…
Realm Holdings Signs Licensing Contract with Liquid Culture California
Realm Holdings, LLC, owner of The Realm trademarks, has signed an exclusive licensing contract with Liquid Culture California, LLC, for manufacturing, design, sales and distribution of The Realm branded apparel and accessories in the USA…
Feel Golf Sees Strong First Half Sales Gains
Feel Golf Co., a private company owned and operated by PGA Professionals, announced growth exceeding 30% for the first half of 2008. The growth was driven by demand for its new 73 degree wedge and the Pro Release performance grip…
Realm Holdings Signs Licensing Contract with Liquid Culture California
Realm Holdings, LLC, owner of The Realm trademarks, has signed an exclusive licensing contract with Liquid Culture California, LLC, for manufacturing, design, sales and distribution of The Realm branded apparel and accessories in the USA…