JJB Sports Raises Working Capital
JJB Sports, the second-largest U.K. sporting-goods retailer, raised £3.4 million ($5.9 million) by selling a 5% stake in the company to Sports Direct International. Proceeds from the sale of 11.9 million new shares will be used “for general working capit
Paddlesports Trade Show Talk Heats Up
Talk of creating a stand-alone paddlesports trade show apart from the Outdoor Retailer Summer Market is picking up steam as the industry prepares to merge its two largest trade organizations, TAPS and PIA. The idea has been building over the last two year
Native Eyewear Lifts Parent’s Q3
A.T. Cross, which purchased Native Eyewear in March, saw its optical segment sales increase 39.8% to $12.3 million for the third quarter ended Sept. 27, 2008…
Coleman Puts Product Management and Marketing Under New Exec
The Coleman Company Inc. has realigned its product management and marketing under a consumer marketing executive from outside the outdoor industry. The company said it hired Jeff Willard, formerly of Lexmark and Helen of Troy, to the newly created positio
Reorganized Nau, Inc. Re-Launches Online
Nau, Inc., acquired by Horny Toad in October, reopened for business with the launch of a completely redesigned e-commerce website featuring its Fall '08 apparel line. It also affirmed its commitment to a new version of its Partners for Change giving
Study: Price Most Important Reason for Where to Buy
According to recent consumer panel surveys conducted by The SportsOneSource Group, 68% of respondents said that Price ‘has a major effect’ on their decision of where to purchase a product, while 58% of respondents to a follow up survey on the strength of
Mizuno Hires VP/General Mgr. of Running Division
Mizuno USA, Inc. has named Fritz Taylor as its new VP/general manager of the Running Division. Taylor joins Mizuno from Brooks Sports, where he served as SVP of Footwear. A veteran of the athletic footwear industry with a proven track record of success, T
Shoe Pavilion to Liquidate
Shoe Pavilion, which filed for bankruptcy in July, plans to close all its stores after 29 years in business. The California retailer last week commenced GOB sales at its remaining 64 locations…
Boot Barn Acquires 22 Stores
Boot Barn Holding Corp., the western footwear and apparel retailer, has completed the purchase of twenty-two retail stores in Arizona (12), New Mexico (9) and Nevada (1) from BTWW Retail, L.P. (BTWW). The 22 store acquisition boosts Boot Barn's posi
Deckers Sees UGG Effect Push Revenues Up by Half; Raises Guidance
For Deckers Outdoor Corp., the third quarter was again all about UGG. Quarterly sales for the boot brand catapulted 57.1% to $178.7 million, driven by increased orders for the expanded fall line from domestic retailers, coupled with higher shipments to in
Value City Files for Chapter 11 Bankruptcy Protection
Value City Department Stores filed for Chapter 11 bankruptcy protection and plans to close its remaining 66 stores as it faces declining sales and an “increasingly competitive” environment for discount retailing. DSW Inc. is the largest unsecured creditor
Cybex Gets Boost from Strength Equipment
Cybex International, Inc.’s top-line growth in the third quarter was helped by high single-digit growth in the cardio end of the business, but double-digit growth in strength equipment pushed overall sales higher for the period…
Langer Orthotics Business Sold
Langer, Inc. sold substantially all of the operating assets related to its Langer branded custom orthotics and related products business to an affiliate of The Orthotic Group, a manufacturer of prescription custom foot orthotics, orthotic footwear and gai
Brunswick Names New VP of Corporate and Investor Relations
Brunswick Corporation has named Bruce J. Byots as vice president of corporate and investor relations. Byots will report to Peter B. Hamilton, SVP and CFO…
Brunswick Names New VP of Corporate and Investor Relations
Brunswick Corporation has named Bruce J. Byots as vice president of corporate and investor relations. Byots will report to Peter B. Hamilton, SVP and CFO…
