Lululemon Moderates New Store Plans and Costs Rise and Growth Slows
Lululemon Athletica intends to continue with its current plan of opening six stores this year despite a continued soft market and tighter gross margins. The vertical retailer said that for the past six months it has been concentrating on real estate stra
Quiksilver Swings to Profit in Fiscal Q2; Lays Out Three-Part Restructuring Plan
Quiksilver, Inc. swung to a profit in the second fiscal quarter ended April 30, but the Q2 rebound seemed almost an afterthought as management laid out a three-part financial restructuring plan that includes a $150 million loan from Rhone, a private equit
OIA: April Retail Reflects Stabilizing Market
Retail sales for all core outdoor stores combined (chain, Internet, specialty) grew 2% compared to last April, moving from $339 million to $347 million, according to the most recent edition of The Outdoor Industry Association (OIA) Outdoor Topline Report.
SIA Adds Events to Denver Show
SIA announced a number of new events for its Snow Show, which is moving from Las Vegas to Denver in January 2010. Among the new features is an On-Snow Demo/Free Ride Fest, Feb. 1-2, three additional days of free lift tickets for Retailer Attendees before
Mammut Sees Strong 2009 Start
In the first four months of fiscal 2009, the worldwide economic crisis had a massive impact on the performance of the Conzzeta Group as a whole, but the company’s subsidiary, Mammut Sports Group, reported a strong sales gains…
New Balance Campaign Highlights Domestic Manufacturing
New Balance launched a national celebration of its domestic manufacturing workforce through an online documentary and awareness campaign, including print, radio and online advertising. New Balance in its statement also revealed that its 2008 worldwide sal
Robbery at Black Diamond’s Offices
Black Diamond Equipment's offices in Salt Lake City was robbed apparently a man who believed the company sold diamonds. According to a report on KSL Radio in Utah, Salt Lake County sheriff's deputies said the robber entered the company's of
Kayland Partners With Eastern Outdoor Sales
Kayland has hired Eastern Outdoor Sales (EOS) to represent its footwear line in the southeast. EOS owner Allyn Morton and his sales team are charged with growing the business in the area…
Outdoor Industry Breakfast: Performing in a Hurly-Burly World
Outdoor Industry Association (OIA) will present “Performing in a Hurly-Burly World” at the Industry Breakfast Tuesday, July 21 from 7:00 – 9:00 a.m. at the Downtown Marriott. Carr Hagerman, Chief Creative Officer for Ontend Creative Partners, Mick Lunzer,
Wrangler Footwear Line to Debut at Kmart
The Wrangler brand, which is owned by VF Corp., introduced a new footwear line, exclusively at Kmart. The line includes sandals, casual shoes and work and hiking boots for men…
OIA: April Outdoor Sales Indicate Declines Easing, Shoppers Returning
Retail sales for all core outdoor stores combined (chain, internet, specialty) grew 2% compared to last April, moving from $339 million to $347 million, according to the most recent edition of The Outdoor Industry Association (OIA) Outdoor Topline Report.
Hedge Fund Loses Bid for Forzani Board Seats
Shareholders of Forzani Group Ltd. rebuffed the attempts of a dissident investor to get two directors elected to its board of directors. U.S. hedge fund Crescendo Partners, which controls about 5% of Forzani's shares, had pushed for the election of B
Iconix Closes Common Stock Offering
Iconix Brand Group, Inc. announced the closing of the public offering of 11.5 million shares of its common stock at a price to the public of $15.00 per share, of which 800,000 shares were sold by certain selling stockholders named in the prospectus…
Dorel Hires Human Resources Officer, Recreational/Leisure
Dorel, the owner of Cannondale, Schwinn, GT, Mongoose and SUGOI, hired Lila Campbell as its new chief human resources officer – global for the Recreational/Leisure Segment. Most recently, she served as the group executive director of human resources for C
Forzani to Test GNC In-Store Shops
The Forzani Group Ltd. and General Nutrition Centres Co. announced a partnership that will put GNC performance nutrition boutiques within FGL stores. The first pilot market will be in Calgary, Alberta this fall…