New Balance Creates Casual-Comfort Company
New Balance announced the creation of an independent company to accelerate the growth of company's two casual-comfort footwear brands, Aravon and Dunham, as well as create new brands in the casual-comfort space. Bob Infantino was named president of
Antigua Extends License Agreement with LPGA
The Antigua Group, Inc. and the LPGA Tour have agreed to extend their license agreement for an additional three years through 2013…
Mountain Hardwear Adds Sales Managers
Mountain Hardwear said Tom Shores will serve as its western regional sales manager, while Mark Kallerud will fulfill the role of regional specialty sales manager for the Mountain Hardwear and Montrail brands…
NSSF Completes Study on AR-style Rifles
With so many MSRs purchased from 2008 to early-2010, , the National Shooting Sports Foundation, the trade association for the firearms and ammunition industry, wanted to learn more about owners’ use and attitudes related to these firearms…
Forzani Group to Be Acquired by Canadian Tire
In a bid to create “Canada's ultimate authority in sports,” Canadian Tire reached an agreement to acquire Forzani Group Ltd., Canada's largest sporting goods chain, in a friendly-deal valued at CN$771 million (US$800 mm)…
The Finish Line to Roll Out Commission Program
Finish Line Inc. plans to roll out nationally a commission program to incentivize sales associates, according to its recently-filed 10K…
ActionVillage.com to Hold Foreclosure Sale
ActionVillage.com, once a leading paintball online retailer, is closing its doors and liquidating its complete inventory, according to a listing on the Chicago Tribune's website…
Canadian Tire Posts Weaker Q1 Sales and Stronger Net Income on Slower Traffic
Canadian Tire Corporation, Ltd, which last week announced a deal to acquire Forzani Group, reported that first quarter consolidated retail sales increased 3.7 percent to CN$1.96 billion, with total consolidated revenues increasing 4.6 percent to CN$1.98 b
Broder Bros. Q1 Sales Up 13.3 percent
Broder Bros. Co. reported net sales for the first quarter ended March 26 were $173.9 million, up 13.3 percent from sales of $153.5 million for the first quarter 2010…
SRAM Floats IPO to Buy Out Investment Company; 2010 Net Jumps Triple-Digits
SRAM LLC plans to raise up to $300 million in an initial public offering after taking on more debt to cash out an investment firm that bought a 40 percent stake in the company at the height of the financial crisis in September 2009…
Asics America Sales Up 18.4 Percent in Fiscal 2011
Asics Corp. said revenues at Asics America Corp jumped 18.4 percent in its fiscal year ended March 31, 2011. The growth was driven by footwear posting its highest sales figures in recent years at over 18 percent, while apparel showed an increase of almost
FansEdge Parent Reports 42 Percent Surge in Q1 Revenues
Dreams, Inc. reported revenues in the first quarter, jumped 42% to $23.5 million. E-commerce revenues rose 52 percent to $16.8 million, largely driven by a 61% increase in the company's owned brands, led by www.FansEdge.com…
Boulder Losing Two Outdoor Specialty Stores
Two local specialty outdoor retailers in Boulder, CO have announced plans in the last week to close their stores, according to the Boulder Daily Camera newspaper…
EBay-GSI Deal Clears Two Hurdles
GSI Commerce said that the 40-day period in which it could seek third-party offers to eBay's (EBAY) $2.4 billion bid has ended. GSI said it did not receive any alternative proposals before the “go-shop” period ended May 6…
74 Members of Congress Call for Reauthorization of Recreational Trails Program
The nation's leading trail organizations expressed appreciation regarding a new letter to key Congressional leaders, who are crafting a new national surface transportation bill that calls for reauthorization of the Recreational Trails Program (RTP)..
