High Sierra Licenses USSA Freesking Brand
High Sierra Sport Company has become one of the first licensees for the new U.S. Freeskiing brand announced in January by the U. S. Ski and Snowboard Association (USSA), the national governing body for Olympic skiing and snowboarding. High Sierra will sup
REI Awards $100K Grant to Bikes Belong
The Bikes Belong Foundation has received a $100,000 grant from REI (Recreational Equipment, Inc.) to expand their Bicycling Design Best Practices Program. The Program showcases the best models for bicycle transportation from Europe and North America to he
Adidas Rolls Out New Environmental Strategy
The Adidas Group laid out a comprehensive new Environmental Strategy in its 2010 Sustainability Report that gives the company and its suppliers until 2010 to reduce its environmental footprint by 15%…
Aldila’s Fourth Quarter Sales Fall Double-Digits
Aldila, Inc. reported net sales for the fourth quarter ended Dec. 31 fell 18.7% to $12.0 million from $14.7 million a year ago as weakness in the company’s Composite division dropped the fourth quarter below the company’s full-year trend…
REI 2010 Sales up 14% on 8.1% Comps Growth
REI's 2010 sales reached $1.66 billion, up 14% from $1.46 billion the previous year. Operating income for the year was a record $115.4 million, up 15% from $100.6 million in 2009. Net income in 2010 was $30.2 million, up 1.4% from $29.8 million. Dire
Power Balance Resolves Advertising Dispute
Power Balance LLC announced that it has entered into an agreement to resolve a recent advertising-related class action lawsuit, Batungbacal v. Power Balance LLC et al., which was filed in a federal district court in California on Jan. 4, 2011. Under the
MTI Adventurewear Sold to Lili and Gordon Colby
Lili and Gordon Colby disclosed that they acquired MTI Adventurewear in February after a decade of running the company for the Takashina family. Neither party disclosed the price paid for the company, which makes personal flotation devices, or PFDs…
Broder Bros. Considering Increasing Credit Line
Broder Bros. said it is considering increasing the size of its $175 million revolving credit facility to $215 million accommodate both continued cotton apparel price increases and continued unit growth…
RECALL: 103,000 Gerber Gator Combo Axes
Gerber Legendary Blades of Portland, OR is voluntarily recalling 103,000 Gerber Gator Combo Axes because the knife in the axe handle can come out when the axe is used for chopping or hammering, posing a laceration hazard to the user, accoridng to the U.S.
L.L.Bean Launches Year-Round Free Shipping
L.L.Bean said it is now offering permanent, no-strings-attached free shipping to U.S. and Canadian addresses. Only a few websites such as Zappos.com currently offer free shipping outside holiday selling…
Wolverine: Merrell Barefoot Biggest Launch Since Hush Puppies
Wolverine World Wide's CEO Blake Krueger, in an interview with the Grands Rapid Press, called the Merrell Barefoot Collection the best thing to happen to the 127-year-old shoe company since its introduction of Hush Puppies in 1957…
Cascade Designs Partners with Operation USA to Provide Disaster Relief to Japanese
Cascade Designs, Inc. has donated mattresses, water reservoirs and dry storage bags to Operation USA, which is assisting up to 4,000 citizens in the aftermath of the recent earthquake and tsunami in Japan…
Currie Technologies Unveils Dealer Portal
Currie Technologies, the maker of hybrid and electric powered bicycles, has unveiled an on-line dealer portal. Dealers and interested shops can review product information, download commonly requested information…
The Buckle, Inc. Names Treasurer
The Buckle, Inc. announced that Thomas B. Heacock has been appointed to the position of treasurer and corporate controller, effective immediately…
Phoenix Footwear Appoints CFO
Phoenix Footwear Group, Inc. hired Greg Slack to serve as its chief financial officer, effective April 1, 2011…
