Kryptonite Locks hit a small design glitch that could potentially have serious consequences for the brand. It turns out that due to the use of ‘tubular cylinders’ in many of the company’s mid and low price-point locks allows the locking mechanism to be pi
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Wilderness Act Turns 40
As hundreds of wilderness activists converge on the
nation’s capital to celebrate the 40th anniversary of the landmark Wilderness Act, the Sierra Club is also pausing to celebrate the birthday of one of America’s legendary wilderness champions. Dr. Edgar
Phoenix Footwear Latest to Post Earnings Warning
As a result of several factors, including changes to the expected timing of contracts and product deliveries at Phoenix Footwear's Altama Footwear unit, and to a lesser extent, softness with the Company's Trotters brand, Phoenix Footwear will no
Ajay Sports to File Past 10-Q’s and K’s
Ajay Sports, Inc., which owns Pro Golf International, Inc., has announced plans to file all past due 10Qs and 10Ks required for years 2001, 2002, 2003 and YTD 2004. Management said they will focus on restructuring the company to improve the bottom line an
Warrior Lacrosse Expands Sales Organization
Warrior Lacrosse has expanded their national sales team with the recent hire of three sales associates, Jack Piatelli in New England, Chip Mayer in the Southeast, and Scott Hochstadt on the West Coast. Piatelli comes to Warrior from Brine Inc. where he s
Booth Creek Ski Holdings Net Loss Increases 9.4% on 19% Revenue Decline
Booth Creek Ski Holdings Q3 resort operations revenues were $2.9 million for the fiscal quarter ended July 30, 2004, a decrease of $675,000, or 19%, from the level of revenues generated last year. Operating loss for the resort segment for the fiscal quart
Ibex Wins Guides Choice Award
IBEX Outdoor Clothing was awarded the American Alpine Institute (AAI) Guide's Choice Award. The award presentation took place on August 12, 2004 at the Outdoor Retailer Summer Market tradeshow in Salt Lake City, Utah.
Outdoor Executives Gather in Oregon to Endorse Kerry
Senior executives from leading outdoor manufacturers, retailers and associations across the country gathered today to endorse Senator John Kerry for President and Senator John Edwards for Vice President. They announced their endorsement at a press confer
Luxottica Appoints Three New Directors to Board
Luxottica Group, at the Group's Ordinary and Extraordinary Meeting held in Milan, Italy, shareholders approved the appointment of three additional directors to the Board, for a total of 12, as already provided in the Company's By-laws: Sergio Er
SIA and VERB Announce National Kid’s SnowSports Day
SnowSports Industries America (SIA) and VERB™, a national government funded kid’s marketing campaign, have created the first-ever VERB SnowSports Day on December 4, 2004. The event will take place in retail stores nationwide and will serve as a catalyst
HEAD Racquet Sports Provides Relief for Florida Retailers
In light of the devastation caused by Hurricanes Charley and Frances and the potential result of Hurricane Ivan, HEAD/Penn Racquet Sports has announced it will provide its Florida retailers with relief on credit terms and interest charges. No interest wi
Retail Sector Q2 Profits Again Outpace Sales…
Industry retailers continued their momentum in building a stronger bottom line in the second quarter, again easily outpacing the growth in the sales line for the period. Even after stripping out the benefits of acquisitions and excluding the impact of in
Cutter and Buck Triples Fiscal Q1 Profits; Sales Growth Next…
Cutter & Buck took a big hit in the Golf specialty channel in their fiscal first quarter ended July 31, but pointed to new moves being made to reverse the declining trend. Jim Grundberg, who held product marketing positions at both Callaway and TaylorMade
G-III Exits Sports Fashion Business and China JV…
G-III fought a slowing sport fashion market and finished their fiscal 2005 Q2 with a net loss of $1.7 million, or a loss of 23 cents per share, compared to net income of $2.7 million or 37 cents per share in theyear-ago period…
Dick’s Provides a Closer Look at Galyan’s Deal at Investor Conference…
Ed Stack, chairman and CEO of Dick's Sporting Goods, also spent some time with investors at the Goldman Sachs conference, again reiterating that the retailer will continue its goal of achieving 15% of total sales coming from private label. Stack see