Adidas Extends Deal with N.C. State
Adidas reached an agreement to continue its partnership with North Carolina State. Adidas will guarantee the university at least $6.45 million per year in retail product and financial considerations to the Department of Athletics, more than doubling the v
Edelrid North America Hires Sales and Marketing, Operations Team
Edelrid North America, the newly established North American distributorship for the global Edelrid brand, has hired Blair Williams as director of sales and marketing and Paul Nanawa as director of operations…
Utah’s First Outdoor Recreation Director Stepping Down
Brad Petersen, director of Utah's Office of Outdoor Recreation, is resigning to work in the private sector. His replacement has not yet been named. Petersen was appointed by Gov. Gary R. Herbert during the August 2013 Summer Outdoor Retailer Show in
Halloween Run Races Increasing in Popularity
While Thanksgiving continues to hold top billing as the most active holiday for road race participation in the United States, Halloween sits a close second, with 722,237 finishers in 2014, according to Running USA.
PeopleForBikes Hosts Top Executives at D.C. Fly-In
PeopleForBikes last week was in Washington D.C. for an all-women’s Fly-in with sixteen of top bicycle industry executives to help make biking better in America…
Implus Goes Beyond Footwear Accessories With Fuelbelt Acquisition
The deal marked Implus’ third acquisition this year after Berkshire Partners made a majority investment in the company in April 2015, but more notably it’s the first acquisition outside Implus’ bread and butter of footwear accessories…
OGIO Expands Into New Headquarters
OGIO International announced the grand opening of its new Draper, UT headquarters, scheduled for Nov. 16. At 25,000 square feet, the new office is nearly double the size of OGIO’s previous headquarters resulting from the company’s strong growt
Adidas AG Lifts Outlook as U.S. Bounces Back
With growth accelerating for the Adidas Brand in most major markets, Adidas AG reported a 10.4 percent gain in third-quarter profit and raised its full-year revenue, gross margin and net income targets. Said CEO Herbert Hainer on a conference call with an
Dorel Sports Turns in Q3 Operating Loss After Restructuring Charges
Dorel Sports reported an operating loss of $20.2 million in the third quarter as currency headwinds, a restructuring at its Sugoi and Cannondale apparel business and impairment charges at its Brazilian bike company battered the bottom line…
Gaiam’s retail move lifts Q3 sales; takes hit on settlement
Gaiam Inc. reported its launch at more than 1,000 Kohl's and Bed Bath & Beyond department stores enabled it to grow 140 percent faster in the third quarter, but a $10.7 million legal settlement swung its net income to a loss…
Let the Scrutiny Begin – TPP Text Released
The Obama Administration released the full text of the Trans Pacific Partnership (TPP) agreement on Thursday, providing the sporting goods industry its first opportunity to vet the details of an unprecedented trade deal they say could free up billions of
Adidas Offers to Help Eliminate Native American Mascots
Adidas announced it will lead a nationwide voluntary initiative for high schools who want to change mascot names and identities. Adidas will offer its design resources to any high school in America…
L.L.Bean’s First Outside CEO Says He’s Coming Home
L.L.Bean Inc. has named a veteran of the supermarket industry who has worked in England, Belgium and China as its next president and CEO and the first outsider to fill the position in the company's 103-year history…
Liberty Safe’s Q3 Sales Signal Normalizing Gun Sales
Liberty Safe turned a profit in the third quarter ended Sept. 30 after sales to gun dealers jumped 41.6 percent, signaling a turnaround in firearms sales following their latest boom and bust cycle…
Adidas Group Lifts FY Guidance on Strong Q3
Adidas Group reported a 10 percent gain in third-quarter profit that beat analysts’ estimates, led by sales growth in Western Europe and China. In North America, sales rose 6 percent in the quarter, improving from a flat first half. The results prom
