Shimano American Corp. on Monday completed its acquisition of Pearl iZumi from Nautilus for $69.4 million in cash and debt. As a result of the deal, Pearl Izumi will relocate its headquaters to Louisville from Broomfield…
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Meade Instruments Divests Sport Optics Brands
Meade Instruments Corp. announced that it has signed and closed separate agreements to divest its Weaver and Redfield sports optics brands to two buyers for cash proceeds of approximately $8 million. The company plans to continue in the sports optics busi
Outdoor Industry Outpaces Broader Market in Q4…
The outdoor industry appears to have fared much better than the rest of the economy in the 2007 fourth quarter, according to a review of public company financial data for the period. The data is seen as an indicator that the outdoor market may still be m
Skechers Partners with Luen Thai
Skechers USA Inc. said that it recently held its first national sales conference in China with its joint venture partner Luen Thai Enterprises, a Hong Kong-based conglomerate with investments in various industries in Asia, North America and the Pacific Re
SportsMyx Acquires CoolXposure
SportsMyx Holdings LLC has acquired majority ownership in CoolXposure LLC, a patent pending advertising unit that attaches to the back (intake) of Port-A-Cool units. CoolXposure is an authorized distributor of Port-A-Cool portable evaporating cooling unit
Mammut Hires New Reps in Rockies
Mammut Sports Group USA has hired a new sales group for the Rockies territory. Effective immediately, Bobbi Bensman and Steve Srednick of the Rincon Group will serve as the brand’s sales representatives to specialty dealers throughout Colorado, New Mexico
Senator Gordon Smith Wins OIA Award
Senator Gordon Smith from Oregon and Representative Mark Udall from Colorado will be this year's recipients of the OIA's “Friend of the Outdoor Industry Award” for their leadership and dedication to the active outdoor recreation industry. The aw
U.S. Triathletes Use Motion Capture Technology
U.S. triathletes are resorting to motion-capture analysis provided by Retül to gain an edge on their bikes at the Beijing Olympics. The technology allows for dynamic 3-D analysis of a fitting – which can affect everything from saddle and handlebar positio
SIA: Snowsport Equipment Sales Up 2% Through February
Equipment sales in snow sports specialty shops increased less than 2% in dollars from August through February with slight decreases in the number of alpine skis and in the number of snowboards sold, according research commissioned by SnowSports Industries
Phoenix Footwear Q4 Sales Down, But Net Loss Slims
Phoenix Footwear Group, Inc. reported a 3.2% decrease in net sales from continuing operations for the fourht quarter to $19.4 million from $20.1 million last year. Sales of Tommy Bahama products grew by 99% for the quarter. Net loss for the quarter totale
K2 Moves Tubbs Marketing to Seattle
K2 Sports plans to relocate Tubbs Snowshoes marketing operations into K2's Seattle global headquarters. Tubbs's customer service, credit, distribution, development and manufacturing operations were previously integrated into the K2 Sports organi
Trek Counter Sues LeMond to Terminate Licensing Agreement
After eight turbulent years, Trek Bicycle Corp. finally severed relations last week with three-time Tour de France winner Greg LeMond over his continued allegations that Trek spokesman Lance Armstrong and other cyclists had used performance enhancing drug
Fear of Inflation Could Help OIA’s Trade Agenda
Rising concern about inflation could help Outdoor Industry Association’s trade agenda this year as Congress considers lowering tariffs in a bid to counter the rising price of Chinese and other imports on U.S. consumers. The OIA’s trade agenda revolves aro
Avalanche Death Toll Rose by 4 in March
North America closed out March with a total of 51 avalanche deaths, nearly double last year’s total for the entire season and the second highest level in 13 years, according to avalanche.org. As of April 11, the latest death had occurred March 29 near…
NSGA: Volleyball Only Team Sport to Grow in ‘07
According to the National Sporting Goods Association, exercise walking remained the most popular sport in 2007 in terms of participation as it grew 2.7%, a position it has held since 1990…
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