Reports: Knight Rifles to Shutter Doors
Knight Rifles has announced to employees that it will shutter its doors, according to reports from several sources including The Outdoor Wire. The reports indicate the announcement was made Friday, May 29th, but the company's web site has no informat
Nfinity is Finalist for 2009 Business Innovation Award
Nfinity, the maker of women’s cheerleading, volleyball and basketball shoes, has been selected as a finalist in the 2009 American Business Awards. Nfinity is one of only seven companies up for the Business Innovation of the Year – Up to 100 Employees Awar
June 3rd Marks Inaugural National Running Day
June 3rd kicks off the inaugural National Running Day. Earlier this year, the U.S. running industry announced a unified effort to create a day to nationally and locally promote running as a healthy, easy, and accessible form of exercise. Few formal events
Sports Belle Files for Bankruptcy Protection
Sports Belle Inc., the sports uniform supplier, filed for Chapter 11 bankruptcy protection the U.S. Bankruptcy Court for the Eastern District of Tennessee. The filing comes after a fire in March 2008 destroyed its headquarters and main factory in Knoxvill
Nantahala Outdoor Center to Launch New Store in Gatlinburg, TN
Nantahala Outdoor Center is planning a major new outfitters store in Gatlinburg, tapping into the hub of one of the Smokies’ most bustling tourism markets. The Great Outpost will serve as a launching pad for whitewater rafting, whitewater and flatwater ka
NSGA: 2008 Sporting Goods Sales Reach $53.4 Billion
In spite of a 16% surge in shooting sports equipment, retail sales of sporting goods (footwear, clothing and equipment), which reached a record $53.5 billion in 2007, fell 1% in 2008 to $53.4 billion, according to the just released National Sporting Goods
Broder Bros. Completes Financial Restructuring
Broder Bros. Co., which distributes Anvil, Fruit of the Loom, Gildan, Hanes, Jerzees, adidas Golf and Champion product, has completed its previously-announced financial restructuring through the settlement of its private exchange offer…
Hibbett Sports Sees Strong Footwear Focus Net Strong Bottom Line Results for Q1
Hibbett Sports got a boost from strong early sell-through of footwear and accessories and benefited from slightly higher overall average selling prices to post a fairly solid first quarter, but trends slowed at the end of the period as the small market re
JD Sports Moves onto the Continent
JD Fashion Plc, the U.K. sports fashion and footwear chain, has acquired sports retailer Chausport SA, based in Lille, France, for €8 million ($11.1 million) in its first move into the French market. Chausport was founded in 1980 and has 78 stores across
JJB Sports Posts Steep Loss in 2008
JJB Sports posted a net loss of £167.6 million ($264.6 million) for the fiscal year ended January 25, compared with a profit of £9.6 million ($15.3 million) for the prior year. The latest year reflects a charge of £171.7 million ($273.5 million) due to st
Adidas Group Names Chief Officers for Sales and Retail
Adidas Group has named two new chief officers for sales and retail, responsible for both adidas and Reebok. Michael Stanier joined the adidas Group as chief retail officer on May 15, and Roland Auschel will assume the role of chief sales officer on July
Outdoor Retailer Further Cuts Costs to Add Value
Like operators of many businesses these days, the organizers of the Outdoor Retailer trade show recognize that “flat is the new up.” That's why their “goal” for the upcoming Summer Market is to have at least the approximately 21,000 overall attendees
RECALL: Norco, Trek, Cannondale Bikes
Around 20,000 mountain bikes and bike frames are being recalled last week by three companies in cooperation with the U.S. Consumer Product Safety Commission. Both Trek and Cannondale are recalling bikes with faulty suspension forks manufactured by Taiwane
Survey: Business Getting Done at OR Trade Show
In its first comprehensive survey around the iconic outdoor industry trade show event since 2004, the organizers of Outdoor Retailer found – not so surprisingly – that new products and networking were the primary reasons retailers went to their trade show
Cloudveil Appoints New Sales Positions
Cloudveil has named James Samuel to a new position, Director of Global Sales, while Ned Hutchinson assumes North American Sales Management responsibilities…
