Lululemon Athletica Third Quarter Comps up 18 Percent
Lululemon athletica inc. reported net revenue increased 37 percent to $316.5 million from $230.2 million in the third quarter of fiscal 2011. Comparable stores sales for the third quarter increased by 18 percent on a current…
Zamst Signs Stephen Curry to Endorsement Deal
Zamst, a leader in high-performance sports protective equipment, has agreed to a worldwide endorsement deal with professional basketball star Stephen Curry…
SylvanSport Triples Manufacturing Space
SylvanSport, the premier mobile adventure gear manufacturer, is pleased to announce it recently opened an expanded manufacturing facility to support projected sales growth and facilitate new product development. The new space more than triples the facilit
Vail Resorts Retail/Rental Sales Dip in First Quarter
Vail Resorts, Inc. reported Retail/Rental revenues at its more than 165 specialty stores dipped in the quarter ended Oct. 31 due primarily to lower sales at pre-ski season sales, which produced record results in 2011. Despite a five percent increase in se
Reebok Cuts Jobs in Organizational Restructuring
Reebok International Ltd. is eliminating about 65 positions at its Canton, MA headquarters as part of a global reduction. In all, 150 jobs were reportedly eliminated as part of the global restructuring that included closing of its European office in Amste
Competitor Group Announces New Ownership
Competitor Group, Inc. (CGI), the organizer of the Rock ‘n’ Roll Marathon Series, the leading active lifestyle sports media and event entertainment company, announced that Calera Capital, a middle-market private equity firm, in partnership with
Study Bolsters Link Between Routine Hits and Brain Disease
A study by the Boston University School of Medicine of the brains of dead athletes and others shows that most showed signs of brain damage after suffering repeated head injuries…
U.S. Retail Shrinkage Reaches $8.9 Billion
Retailers in the U.S. are expected to lose $8.9 billion over the holiday season as a result of shoplifting, dishonest employees and vendor or distribution losses, according to a new study released today by the Centre for Retail Research. The study found t
Trek Bicycle Superstore Forms Company to Acquire Portland IBD Chain
Trek Bicycle Superstore of San Diego, CA.., which is the nation's top Trek dealer, has taken over Bike Gallery, a chain of six Portland, OR stores. The deal that allows Bike Gallery owner Jay Graves to retire and pass on the reigns to a partnership c
Outdoor Industry Pressure Heads off Tariff Threat
The Obama Administration, in response to a swift and vocal campaign by the outdoor industry, lifted its opposition Friday to eight miscellaneous tariff bills (MTBs) that reduce import duties on certain specialty outdoor footwear products that have no viab
Rutgers Ends Adidas Contract Over Labor Issue
Rutgers University reportedly became the fourth school in the nation to sever its ties with Adidas. Activists across several colleges have alleged Adidas failed to comply with Indonesian law when the P.T. Kizone company did not pay severance compensation
Compass Diversified Holdings Names New CEO
Compass Diversified Holdings (CODI), which owns CamelBak Products and mountain bike components maker Fox, named a new CEO Friday to replace one who has been on a leave of absence pending an investigation by the Securities and Exchange Commission…
Zumiez Sees Modest BTS Growth
Zumiez Inc. reported sales for the third quarter increased 16.9 percent to $180.0 million from $154.0 million a year ago. Comparable store sales grew 3.7 percent on top of a comparable store sales increase of 6.0 percent in the third quarter of fiscal 201
Fleet Feet Announces Corporate Restructure, Senior Management Hire
Fleet Feet, Incorporated, the nation’s leading franchisor of running specialty stores, announced two promotions and a senior management hire to help manage the company’s aggressive growth plans. Luke Rowe has been elevated to the position of
Lowa Boots to Sponsor Competition at Ouray Ice Festival
Lowa Boots has announced that they will sponsor the Hari Berger Speed Climbing Competition at the 2013 Ouray Ice Festival to honor the legendary climber who won three Ice Climbing World Championships while wearing Lowa boots…
