Consumers Unsure How Payroll Tax Cut Will Affect Spending
About a quarter of Americans are inclined to spend some or most of their increased take-home pay next year, while 27% are unsure what they will do with the money from the recently passed temporary payroll tax cut, according to a survey. Another 26% said t
Interbike Expo Adds More Exhibition Space
Interbike is adding 140,000 square feet of additional exhibition space for the 2011 edition of its International Bicycle Expo, to better integrate the concurrent Health+Fitness Business show…
New Era Acquires Brazilian Management Company MARC4
New Era Cap Co. acquired a stake in MARC4, a privately-held fashion brand management company in Brazil. Terms were not disclosed…
Amer Sports Appoints Duran to its Executive Board
Amer Sports appointed Victor Duran, it SVP over marketing and business-to-consumer, to its executive board effective Jan. 1, 2011. Amer Sports brands include Salomon, Wilson, Atomic, Arc'teryx, Precor, Suunto and Mavic…
Tourism Spending Outpaces GDP in Third Quarter
Real spending on travel and tourism grew more than three times faster than the overall economy in the third quarter, following an increase of 3.4% (revised) in the second quarter, according to the latest estimates by the Bureau of Economic Analysis at the
Grassroots Summer Show Moves to Ogden
The Grassroots Outdoor Alliance is moving its 2011 Summer Show from Snowbird to Ogden, Utah in a move that will give exhibitors more room and recognizes Ogden's efforts to become a hub for the outdoor industry…
Brooks Sports Launches Brooks PR Invitational
Brooks Sports, Inc. announced the upcoming Brooks PR Invitational, an indoor track meet for the fastest high school runners in the U.S. Taking place on Sunday, Feb. 27, 2011, at the Dempsey Indoor track in Seattle, the Brooks PR Invitational will give qua
SwingAway Sports Hires VP of Professional/Insitutional Division
SwingAway Sports Products hired Robert Ducey as vice president of SwingAway's newly created professional and institutional division…
38 Colleges Receive NSSF Grants
The National Shooting Sports Foundation has awarded 38 grants totaling $190,000 to help both new and existing collegiate target shooting programs flourish.
Finish Line’s Q3 Comps Climb 10.1%
The Finish Line, Inc. reported sales rose 8.7% in its third quarter ended Nov. 27, to $260.9 million from $240.1 million a year ago. Comparable store net sales increased 10.1% compared to an increase of 1.7% a year ago. Earnings would have been up signifi
Industry Vendors See Profit Growth Slow in Q3
The theme for the fiscal second quarter may have been “tighten, tighten, tighten” as sporting goods industry vendors focused on bottom line growth, but the trends for the third quarter have settled into a more normalized pre-recession pattern
Yakima Acquires Hubco Automotive in Step Toward Global Expansion
Yakima has acquired Hubco Automotive Ltd, the New Zealand maker of Whispbar, a rapidly growing vehicle roof rack system that uses aero bars to reduce the noise and improve the styling of such products…
NRF Upgrades Holiday Forecast
With a solid start to the season, the National Retail Federation last week revised its holiday forecast to 3.3%, up from 2.3%. The revision is due to improvement in a variety of economic indicators including stock market gains, recent income growth, savin
Platinum Equity Closes Schutt Sports Acquisition
Platinum Equity received bankruptcy court approval of its acquisition of Schutt Sports. U.S. Bankruptcy Judge Kevin J. Carey had indicated he would approve the sale once final language has been drafted after ruling that the auction process was fair. Rober
New Balance Partners with Westin Hotels
New Balance and Westin Hotels & Resorts have forged an exclusive, worldwide partnership to provide Westin guests with New Balance footwear, apparel and fitness program content. The complimentary program recently launched at 10 Westin properties across the
