Cabela's Incorporated has filed a registration statement with the U.S. Securities and Exchange Commission for an initial public offering of its common stock. The company hopes to raise $230 million inthe offering to pay down debt, expand the number
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Vail Gives Away Lodging to Vets
Returning troops who have served in Iraq and Afghanistan are being treated to some R&R by Vail Resorts with “Operation Freedom Lodging.” Between April 1 and December 16, Vail Resorts is offering 1,000 complimentary room nights to these service men and wom
Petzl and UOL Raise $10,000 for Recreation Protection
Petzl, in partnership with Utah Open Lands, recently raised $10,000 in funding for land protection and preservation in Utah's Grand County. Petzl sponsored a special screening of the Banff Mountain Film Festival in Moab in an effort to raise awarenes
Not Exactly Another Clash of the Titans…
Footstar has reportedly reached an agreement with Nike over a dispute that arose over Nike’s attempt to cut the retailer’s discount terms. A report in a local paper quoted a Footstar spokesperson that said, “The terms are confidential, and the proceeding
Footstar GOB Sales Get Under Way; Will Close Additional Doors…
Footstar commenced Going Out of Business sales at 163 stores on Friday, including all remaining Just for Feet locations and 75 of the company’s Footaction stores. Hilco Merchant Resources was the winning bidder in the auction to be appointed as liquidati
The New Sports Authority Sees Operational Upside, Sluggish Sales in Q4…
The format that the New Sports Authority is using to report numbers will give it some cover over the next year as the positioning of a “lost quarter” for the old TSA’s Q2 make it impossible to draw any clear full-year comparisons for the pre- and post-mer
NSGA Survey Focuses on Sporting Goods Retail Profitability…
Full-line sporting goods and specialty sport retailers did not fare as well this year as far as profitability goes, according to the NSGA’s Cost of Doing Business Survey.
The report, published every two years by the National Sporting Goods Association, in
Cutter and Buck Gives Investors Reason to Cheer About, But Sales Still Struggle…
Cutter & Buck signaled its continued drive back to health last week, announcing that it will pay out a dividend for the first time. Shareholders of record on March 26 will receive a dividend of five cents per share…
Callaway Golf Defends its Turf
Callaway Golf Company has seized 27,000 club-heads from Newport Golf, an Anaheim, California-based entity controlled by a Jimmy Lin. A court-mediated settlement recently gave Callaway Golf over $800,000 and 28,000 other golf club components valued at mor
Salter Group Buys Back Gen-X Close-Out Business
Huffy Corporation has sold its Gen-X 'opportunity' business to a group headed by its original founders, James Salter and Kenneth Finkelstein, and industry veteran Rick White for an undisclosed amount. HUF CEO Paul D’Aloia said that the sale of
Walden Ads Two New Reps
Walden Kayaks announced that it has hired two experienced sales representatives to the Walden Kayaks team, Don Otey and Ethan Ebersold. Otey will cover the Mid-Atlantic region, while Ebersold is the new western sales representative…
Lowa Wins Backpacker Editors Choice Award
The editors of Backpacker magazine have just announced to their readers the LOWA Vertex GTX as the recipient of a 2004 Editor’s Choice Award, the most prestigious award in the outdoor industry. The boot features Biomex Protection, a unique technology that
REI to Open Huntington Beach Store
Recreational Equipment, Inc. (REI), a national retail cooperative providing quality outdoor gear and apparel, today announced plans to open a store in spring of 2005 in Huntington Beach, Calif. The 22,500 square-foot store will serve 45,000 active coopera
Big Agnes Wins Backpacker Editor’s Choice Award
Big Agnes announced that it has won Backpacker Magazine’s Editor’s Choice Award for best new product of 2004. The Editor’s Choice Award is widely considered to be the most prestigious honor in the outdoor industry, and the Insulated Air Core Sleeping Pad
Yue Yuen Posts 35.8% Profit Increase for Q1
Yue Yuen Industrial Holdings Limited announced its unaudited consolidated results for the three months ended 31st December, 2003. Turnover and net profit increased year-on-year by 5.4% to US$644.7 million and
35.8% to US$93.9 million respectively…