Gander Mountain Q3 Net Climbs on Cost Cutting
Following on the heels of a record-setting second quarter, Gander Mountain continued to see revenues grow for the third quarter despite a substantial decline in same-store sales. The outdoor retailers reported revenues increased 4% to $269.9 million from
Amer Sports Cuts 2008 Profit Forecast
Amer Sports said sales during November and December have been below expectations and consequently the company will not reach its EBIT (excluding one-off items) guidance of €80 to €90 million ($108 to $121 million) in 2008. Amer Sports expects its full-yea
Kohl’s Grabs Mervyns Locations
Kohl’s Corporation prevailed in a joint bid with Forever 21, Inc. in an auction of leaseholds held last week for Mervyns sites. Together, the retailers acquired 46 locations for approximately $6.25 million. Kohl’s will assume 31 of the locations while For
REI Partners with Zumobi to Provide Instant Ski Resort Conditions
REI has teamed with mobile software company Zumobi to launch the REI Snow Report, an application for iPhone, BlackBerry and Windows Mobile that gives users instant information on ski conditions at resorts in the U.S. and Canada…
NFL to Lay Off 14% of Staff
The National Football League will lay off almost 14% of its staff to cut costs. The move will eliminate about 150 jobs over the next 60 days, not including jobs eliminated by individual teams…
Puma to Sponsor Women’s Pro Soccer League
Puma signed a deal to sponsor the Women's Pro Soccer League, which is being launched in April. The three-year deal calls for Puma to pay roughly $10 million to become the official equipment supplier to WPS. Puma will have its name and logo on the lea
SGMA ‘Postpones’ Summer Shows
In a shocking turn of events, SGMA and dmg world media announced the postponement of the next SGMA Team Sports Show and the SGMA Sports Licensing Show, tentatively scheduled for June 2009…
Adidas Cancels German Swimming Contract
Adidas canceled its contract with the Germany swimming federation after athletes complained that its suits were not competitive. Several swimmers wearing Speedo's LZR Racer suit have broken world records…
Pacific Sunwear Apparel Grows as Footwear is Eliminated
Pacific Sunwear VP of Investor Relations Gar Jackson clarified the circumstances surrounding Division President Thomas M. Kennedy’s recent resignation during the Pacific Sunwear presentation at the Wedbush Morgan Securities California Dreamin’ Management
Investment Firm Acquires Three Ski Properties
CNL Lifestyle Properties, Inc., a real estate investment trust focused on lifestyle properties has acquired the privately held assets of three ski and mountain lifestyle properties: Vermont’s Okemo, Colorado’s Crested Butte and New Hampshire’s Mount Sunap
Sullivan Named Cloudveil Prez
Cloudveil named Co-Founder Stephen Sullivan President of the company following the resignation of Co-Founder and President Brian Cousins. Cousins leaves Cloudveil after helping to complete its integration with parent company Spyder Active Sports to pursue
The Program Moves to Burton HQ
Burton has begun transitioning The Program, which includes snowboard brands Forum, Special Blend and Foursquare, from its Irvine, CA offices to Burton’s Burlington, VT headquarters. The company said the transition will be complete by early February and wi
Rab Moves Operations to Boulder
Rab has moved its sales and marketing operations to Boulder, CO. Owner and President Matt Gower made the decision to move to Boulder based on his commitment to grow the Rab brand in the North American market…
Lafuma America Ends FY08 Up
Lafuma America Inc ended its fiscal year on Sept. 30th 2008 up 24% compared to 2007. The Outdoor division of the Lafuma brand experienced a strong 26% increase over the year, said the company…
A4 Opens Two Regional Warehouses for Jan. 2009
A4, working in a joint venture with Frazier Sports, will start shipping orders in January 2009 from its two new regional warehouses in Waco, TX and Atlanta, GA…
