Sierra Trading Post Acquired by The TJX Companies for $200 MM
Sierra Trading Post (STP), which has acted as a primary clearance outlet for outdoor sporting goods, has been acquired by The TJX Companies, Inc. The purchase price of approximately $200 million, or one times STP's annual sales, was paid in cash, fin
Study: Wildlife-Related Outdoor Recreation On The Rise
According to the just-released 2011 National Survey of Fishing, Hunting, and Wildlife report, wildlife-related outdoor recreation increased dramatically from 2006 to 2011. Hunting and fishing drove the gains…
Sierra Trading Post Acquired by The TJX Companies, Inc.
The TJX Companies, Inc. acquired fellow off-price retailer Sierra Trading Post (STP) for approximately $200 million in a deal aimed more at helping the giant discounter move online faster…
Backountry.com’s CEO to Address OIWC Though Leaders Breakfast at ORWM
Backcountry.com CEO Jill Layfield will deliver the keynote address at the Outodoor Industries Women’s Coalition (OIWC) Thought Leaders breakfast at Outdoor Retailer Winter Market next month…
Consumer Confidence Falls to 5-Month Low
Consumer confidence plunged in December amid fears that politicians would be unable to resolve the “fiscal cliff” issues and that the impasse would trigger another recession next year. The index from Thomson Reuters and the University of Michigan tumbled
Biden Begins Examining Remedies to Nation’s Gun Violence
A task force appointed by President Obama to examine how to reduce gun violence held its first meeting Wednesday with Vice President Joe Biden at the helm and many members of the cabinet in attendance…
Amazon, Crocs, Lululemon Honored by NRF
The National Retail Federation named Amazon, Crocs, Kohl’s and lululemon as the recipients of its prestigious annual awards. Each company’s top ranking executive, will accept their awards during the Annual Retail Industry Luncheon at NRF’
Primal Signs On as Titanium Sponsor for National Bike Summit
Primal will be a titanium level sponsor of the National Bike Summit set to take place March 4-7, 2013. The sponsorship places the Colorado cycling apparel company at the center of the country's largest lobbying summit and supports the effort with fin
Nike Delivers Double-Digit Currency-Neutral Growth in Q2
Nike, Inc. reported net earnings decreased slightly in its second quarter ended Nov. 30 due to higher losses from discontinued operations. Earnings from continuing operations grew 8.5 percent with double-digit revenue growth on a currency neutral basis. N
Hibbett Sports to Open First Store in Maryland
Hibbett Sporting Goods, Inc. announced that its first Maryland Hibbett Sports store will be opening in the Cambridge market…
Oakley Signs Professional Golfer Zach Johnson
Oakley, Inc. announced that Zach Johnson has joined its family of professional golfers…
RYU Adds Two Board Members
Respect Your Universe, Inc. added two new board members. Steven Eklund and Bill Marcus bring with them a breadth of experience in the sports apparel and equipment industries, as well as finance, sales and business development…
Adidas Announces Committment to China Suppliers
Adidas says it remains committed to sourcing in China and will continue to work with more than 300 suppliers there despite shutting its only company-owned Chinese apparel factory earlier this year…
Rocket Dog Brands Appoints VP of Domestic Sales
Rocket Dog appointed Jim Kennedy as VP of domestic sales for JC Penney, Kohls, and Dillards department stores. He comes to Rocket Dog from Converse, where he acted as the director of sales – department stores and led and managed his teams working closely
The Conservation Alliance Releases Third worthWILD Video
The Conservation Alliance (CA) released Allegany, the third video in its worthWILD series, that tells the story of the Adirondack Mountain Club’s successful campaign to protect New York’s Alleghany State Park from oil drilling, and related hab
