Vibrams FiveFingers Sued over Health Claims
A group of five law firms has filed a class-action suit against Vibram USA Inc and Vibram FiveFingers LLC in the U.S. District Court for the District of Massachusetts alleging the company used deceptive statements about the health benefits of barefoot run
Specialized Introduces e-Bike to European Market
Specialized Bicycle Components has launched an e-bike for the European market called Turbo that travels up to 45 kph and uses a battery than can recharge in two hours. The bike will not be made available in the United States, where bikes that travel in ex
Lifetime Products Introduces $299 Sit-inside Kayak
Lifetime Products Inc. of Clearfield, Utah, purports to be one of the largest kayak manufacturers in the U.S., introduced its first sit-inside kayak and said it will go on sales this month at Sports Authority for $299…
Vapur Names Reps for Outdoor and Sports Channels
Vapur said it has hired three sales agencies to increase sales of its collapsible hydration containers in the sports and outdoor market…
Adidas Settles Lawsuit with Video Game Maker
Adidas has settled its lawsuit with THQ, the video game publisher, over the fitness game miCoach 24/7. Adidas had sued THQ in early March earlier over THQ's failure to make a game based on miCoach, its personal coaching and training system…
New York to Exempt 4 Percent Sales Tax on Apparel, Footwear Less Than $110
Starting Sunday, New York will not charge its 4 percent sales tax on clothing and footwear sold for less than $110, according to the Department of Taxation and Finance…
Broder Bros. Q4 Revenues Climb 5.1 Percent
Broder Bros. reported fourth-quarter sales rose 5.1 percent to $226.7 million compared to $215.7 million for the fourth quarter 2010. Income from operations reached $12.8 million for the fourth quarter 2011, slightly ahead of $12.5 million for the fourth
E-Bike Demand Forecast to Grow to 47 Million Units by 2018
The worldwide market for e-bicycles will increase at a compound annual growth rate (CAGR) of 7.5 percent between 2012 and 2018, resulting in global sales of more than 47 million vehicles in 2018 compared to 30 million estimated to occur in 2012, according
GSI Outdoors Hires European Sales Manager
GSI Outdoors, the specialist for cooking and camping equipment based in Spokane, WA, recently hired Andreas Ruhs as its new European sales manager as part of an accelerated expansion overseas. He previously worked for 20 years with Primus…
Sturm, Ruger Reports Strong Q1 Bookings
Sturm, Ruger & Company, Inc. announced that for the first quarter 2012, the company has received orders for more than one million units. Therefore, the company has temporarily suspended the acceptance of new orders. The spike in demand comes in an electio
Survey Finds 22 Percent of Consumers Have Encountered Mobile Check-Out
More than one-fifth (22 percent) of shoppers have been to a store where associates use mobile devices instead of cash registers, according to survey results released by a AisleBuyer, a company that provides mobile payment solutions to retailers…
Converse/Undefeated Partner on Foot Locker Exclusive
Converse has partnered with Undefeated, the sneaker head store, on a new collection to roll out exclusively at Foot Locker…
RECALL: 12,000 Easton Raptor Lacrosse Helmets
Easton Sports is recalling 12,000 Easton Raptor Lacrosse helmets because the chin bar can break, causing the wearer to suffer a jaw or facial injury. Easton Sports has received six reports of the chin bar cracking or breaking on impact with a ball or lacr
Skier Visits Off 5.2 Percent at Colorado Resorts
Skier visits to the 22 Colorado ski resorts declined 5.2 percent in January and February compared to the same period in 2011, according to Colorado Ski Country USA’s (CSCUSA). For the 2011/12 season to date, or August, 2011 through February, 2012,
G-III Apparel’s Q4 Earnings Decline
G-III Apparel Group, Ltd. reported sales during the fourth quarter increased by 9.0 percent to $294.3 million from $270.2 million a year ago. Earnings slid 59.3 percent to $5.0 million, or 25 cents a share…
