Impact of Mervyn’s Liquidation Will Be Included in Hanes Q3 Results
The Oct. 17, 2008 liquidation disclosure by Mervyn’s LLC and its affiliated entities will be included in Hanesbrands Inc.’s third quarter results as a material subsequent event. The company said it intends to report full third quarter results at the end o
Escalade Suffers Q3 Loss; Sporting Goods Revenues Drop 39.8%
Escalade, Inc.'s revenues for the third quarter dropped 32.8% to $40.8 million from $60.7 million in the prior year. A net loss of $1.4 million, or 11 cents per share, compared to net income of $3.1 million, or 24 cents, in the prior year. Sporting G
West Marine Sees 4.7% Q3 Comp Decline
West Marine Inc. reported sales dropped 4.3% in the third quarter ended Sept. 27, to $180.2 million. Comparable store sales were down 4.7%. The boating retailer also reported a 45.2% drop in earnings and lowered its guidance for the year…
Bushnell Promotes Lipham to President
Blake Lipham has been named president of Bushnell Outdoor Products, manufacturers of Serengeti and Bollé eyewear. He will also continue in his role as CFO. Bushnell's board also named current director Robert L. Caulk to the role of chairman…
OrthoLite, Oakley Join Forces
OrthoLite, a manufacturer of open cell foam insoles, has partnered with Oakley to produce insoles for its new 2008 outdoor footwear line…
RECALL: Shimano Bicycle Wheels
The U.S. Consumer Product Safety Commission, in cooperation with Shimano American Corp., of Irving, CA, announced a voluntary recall of about 275 Shimano Dura Ace Carbon Clincher wheels for bicycles. According to the agency, the rim surface and spoke hole
Russell Partners with the NBA as Official Institutional Uniforms
Russell Athletic reached an agreement to become the NBA's official institutional uniform provider. This designation grants Russell Athletic exclusivity to utilize NBA, WNBA and NBA D-League team names and logos on institutional jerseys, shorts and t-
Klip America Becomes Boris Becker Equipment Licensee
Boris Becker & Co of Baar Switzerland and Klip America of San Diego/California USA jointly announced that Klip America will become the licensee for Boris Becker tennis rackets and equipment in the US, Europe, Australia, Africa and parts of Asia.As per the
Outdoor Retailer Signs SOAR Communications as its PR Agency of Record
Outdoor Retailer, a division of Nielsen Business Media, has signed Utah-based SOAR Communications as its public relations agency of record…
Nike Golf Partners with Canadian PGA
The Canadian PGA partnered with Nike Golf Canada as the association's first major sponsor in the Canadian PGA National Education Program. Nike Golf becomes the presenting sponsor of the Instructor Beginner course in the Canadian PGA Teaching and Coac
DAC Tent Poles use Sustainable Manufacturing Processes
At this past Outdoor Retailer Winter Market show, dozens of companies proudly proclaimed their first steps on the path to environmental sustainability. For Jake Lah, founder and president of tent pole maker DAC, that journey began almost 6,000 miles away
TaylorMade-adidas Golf to Acquire Ashworth, Inc
In a move that is likely to alter the composition of two of golf’s most recognizable brands, Ashworth Inc. has agreed to sell all remaining outstanding shares to the TaylorMade-adidas Golf Company. Ashworth, a staple in the golf apparel industry for the p
VF Corp. Slashes Fourth Quarter Outlook
VF Corp. had a solid third quarter, driven by continued momentum in its outdoor coalition, a strong contribution from its new contemporary brands coalition, and the continued expansion of its own retail network. But the brand consolidator sharply cut its
FL Sued Over Gift Card Policy
A New Jersey man sued Foot Locker over the store's gift card policies, charging in court papers that they violate New Jersey's consumer laws. In a lawsuit filed in Middlesex County, Sayreville resident Joseph Vona claims that Foot Locker's
Nike Sues Wal-Mart for Patent Infringement
Nike Inc. has sued Wal-Mart Stores Inc., claiming that the retailer is selling athletic shoes that infringe on Nike's design patents. In the complaint filed Oct. 13 in the U.S. District Court for the Northern District of Illinois, Eastern Division, N
