Collective Brands Reaffirms Full Year Guidance
Collective Brands Inc. reaffirmed its comparable store sales for the fiscal year, while providing further details of the impact from its acquisition of Stride Rite. The company confirmed expectations for comps to be below its long term target of low-singl
With U.S. Economy Teetering, Outdoor Brands Look to Owned-Retail
At the Thomas Weisel Partners Consumer Conference this week, several major outdoor brands outlined success stories and provided a mostly positive outlook for the future…
Gap Inc. Snaps Up Athleta for $150 Million
Gap, Inc., has agreed to acquire Athleta, Inc., the women’s sports and active apparel catalog company, for about $150 million in cash. The acquisition will help Gap break into the $31 billion women’s active apparel sector in the U.S., which is drawing att
Foot Locker to Acquire CCS
Foot Locker has signed a definitive agreement with dELiA*s, Inc. to purchase its direct-to-consumers business, CCS, for $102 million in cash. CCS sells skateboard footwear, apparel and accessories through catalogs and the Internet with revenues expected t
Scheels Opens Largest Store
Scheels opened its largest store on Saturday, and what it's calling the world's largest sporting goods store. The 295,000-square-foot Scheels at The Legends at Sparks Marina, Nev., a city of 90,000 near Reno…
GreenRep.Org is the Answer to Making Sales Greener
Greenrep.org is a sales agency dedicated to selling green products and advancing green initiatives in the surf, skate, snow, and outdoor industries. Greenrep.org works by donating 5% of all profits to green organizations and educational sources.
Amer Sports Acquires Bulgarian Ski Supplier
Amer Sports Corp. has acquired all the ski manufacturing assets of its long-term Bulgarian subcontractor, Pamporovo Ski, and as a result has assumed full control of its operations. The price paid for all the acquired assets is approximately €5 million($7.
RECALL: Razor Ride-on Vehicles
Razor USA LLC is recalling about 30,000 Dirt Quad electric powered ride-on vehicles. The control module for the throttle can fail and cause the electric ride-on vehicle to unexpectedly surge forward, posing a risk of injury to the user or a bystander…
Bauer Hockey Acquires Mission-ITECH
Bauer Hockey has acquired Mission-ITECH Hockey, the manufacturer of goal equipment, protective apparel and facial protection. Bauer said the purchase strengthens its overall position in the marketplace and is part of the overall growth and investment stra
Bauer Hocky Acquires Mission-ITECH Hockey
Bauer Hockey announced today it has purchased Mission-ITECH Hockey, a leader in goal equipment, protective apparel and facial protection…
Sportfishing Summit Moving to Denver
Sportfishing Summit said it is negotiating with several properties in Denver since holding its summitt in Galveston “is no longer feasible.” The organization also said that given the circumstances, it is scaling back its annual meeting for this year to fo
NexCen Brands Reports Strong Franchise Growth
NexCen Brands, Inc., the parent of The Athlete's Foot, said it expects to report revenues from continuing operations of its franchise business of approximately $12 million in the second quarter of 2008 compared with $4.7 million in the second quarter
REI’s Next Prototype Store to Open Friday in Texas
Recreational Equipment, Inc. (REI) said its next LEED-based prototype store will open Friday in Round Rock, Texas. The 32,700 square-foot store was built from the ground up and projected to consume 48% less energy than a typical store. REI's first pr
Yakima Introduces GE Money Sport Card
Yakima has announced a partnership with GE Money Sport's consumer financing program to provide special financing options for many consumer products and services. With the GE Money Sport Card, participating Yakima dealers will provide customers instan
Construction Starts on Greener Tannery in Vietnam
Construction has begun in Saigon, Vietnam on an ecologically friendly “model factory” for the German/Chinese leather producer ISA Tan Tec. The tannery will emit 35% less CO2 than conventional production facilities. The company said it needs the capacity t
