RECALL: 40 Diamondback Steilacoom RCX Bikes
Diamondback Bicycles, of Kent, WA is recalling about 40 2013 Diamondback Steilacoom RCX bicycles sold via Promotive.com and 3Point5.com as well as dealers because they were assembled with the wrong headset parts. The error could cause the steerer tube to
2nd Annual Fat Bike Winter Summit and Festival Set for January
Organizers of the Annual Fat Bike Winter Summit and Festival, which debuted in January, have expanded the second edition of the event to include product demos, races, group rides, and Saturday evening bash for fat bike enthusiasts…
Foot Locker Unveils Women’s Concept
Foot Locker, Inc. announced the introduction of SIX:02, an elevated retail concept featuring top brands in fitness apparel and athletic footwear for women. The first three stores will open for the holiday season in Stamford Mall in Stamford, CT, Willowbr
Outdoor Brands Drive Bulk of CODI’s Third Quarter Growth
Compass Diversified Holdings Inc. reported consolidated revenue at its four branded product companies – CamelBak, Fox Factory, Liberty Safe and Ergobaby – rose 15 percent to $413 million in the third quarter ended Sept. 30…
Haiku Acquired by Blackstone Investment Group
Haiku, a maker of women's bags and accessories sold by REI and many other outdoor retailers, has been acquired by Blackstone Investment Group based in Springfield, MO. Haiku will remain independent while capitalizing on financial and operational effi
Mizuno’s Profits Slide in First Half
Mizuno Corp. reported revenues grew 4.2 percent in the six months ended Sept. 30, to ¥81.3 billion ($1.3 bn). Sales of footwear, especially running shoes, and apparel remained strong throughout the first half. Overall sales increased in Japan and the Unit
Outdoor Brands Respond to Greenpeace’s Detox Challenge
Greenpeace’s Detox campaign, which seeks to pressure companies to eliminate their use of hazardous chemicals, called out the outdoor industry last month for its continued reliance on per fluorinated chemicals (PFCs) to enhance garments’ Durabl
RECALL: 2,500 High Pressure SCUBA Air Hoses
Innovative Scuba Concepts Inc., of Colorado Springs, CO., Trident Diving Equipment, of Chatsworth, CA. and A-Plus Marine, of Gulf Breeze, FL are recalling about 2,500 high pressure SCUBA diving air hoses that can…
Macy’s Q3 Earnings Expand
Macy’s, Inc. reported strong third quarter earnings that underscore the company’s continued progress in implementing key business strategies to drive growth. Earnings were 36 cents per diluted share for the third quarter of 2012, ended Oct. 27
Camping Imports Rose 7.2 Percent in September
Imports of camping apparel and gear reached $743 million in September, up $50 million, or 7.2 percent from September, 2011, according to the U.S. Census Bureau’s monthly report on international trade in goods…
Flow Sports Taps Rehberg to Head Snowboard Marketing
Flow Sports, Inc. announced that Dale Rehberg has been appointed director of marketing for Flow Snowboarding…
Deadline Nearing for Telluride Entrepreneur-in-Residence Program
Outdoor startups have until Thursday, Nov. 15 to submit applications for the Telluride Venture Accelerator’s (TVA) entrepreneur in-residence program, which awards $30,000 in seed capital and $8,000 toward transportation and lodging needed to partici
Peak Sports Discontinues 1,000 Chinese Dealers
Peak Sport Products Co., Ltd has slashed its number of distributors in China by 1,076, or nearly 14 percent, since last year as it tries to rein in an inventory glut…
Warnaco’s Swimwear Group Shrinks Q3 Loss
Warnaco Group reported revenues in its Swimwear Group, which is largely Speedo, grew 6.7 percent in the third quarter, to $42.0 million from $39.3 million in the same period a year ago…
Skins Compression Sues UCI Over Doping Scandal
Swiss-based leading performance sportswear company Skins Compression has sued the Union Cycliste Internationale (UCI) seeking $2 million in damages related to alleged mismanagement and poor handling of the Lance Armstrong doping scandal. Skins has pledged
