Garmin Business Segment Cleared for Helicopter Use
Garmin International Inc., a unit of Garmin Ltd. said it has been granted the Federal Aviation Administration’s (FAA) first ever approved model list supplemental type certificate (AML-STC) for Wide Area Augmentation System (WAAS) avionics installed in a h
Sport Chalet Expands Credit Facility, Lowers Q4 Expectations
Sport Chalet, Inc. has amended and expanded its existing credit facility with Bank of America, N.A. Additionally, the company expects to report fourth quarter net sales of approximately $84.5 million compared to $96.8 million in the same period of the pri
GSI Commerce Q1 Revenues Show Slight Increase
GSI Commerce Inc. reported that net revenues for the first quarter ended April 4 increased slightly to $196.5 million from $195.5 million in the year-ago period. Non-GAAP net revenues increased 14% to $106.3 million from $93.3 million Q1 last year. The l
Eastern Mountain Sports Inks Deal with GSIC and Opens SoHo Store…
Eastern Mountain Sports signed a deal to replatform its Web store on GSI Commerce’s ecommerce technology solution. The new EMS online store is scheduled to launch this fall. In addition, Eastern Mountain Sports will open a new SoHo location at the corner
Cabela’s Comps Up, but Finance Unit Sinks Q1 Net
Mirroring a pervasive market trend that has emerged as a common thread for nearly all outdoor retailers, Cabela’s Inc. reported first quarter revenues were driven by notable strength from strong firearms and ammunition sales. However, despite any improve
U.S. Sec. of Interior Creates Office of Youth…
Secretary of Interior Salazar has created a new Office of Youth. The new office will coordinate a department-wide youth program to introduce young Americans from all backgrounds to national parks and monuments, refuges, public and tribal lands and to prom
Birchwood Casey Acquires RIG Gun Care Products
Birchwood Casey said that effective February 27, 2009 they had acquired RIG and Bore Runner gun care products from the Fenton, MO based Jackson Safety Company (Silencio)…
Teva Partners with Outdoor Foundation and IMBA
Teva, a division of Deckers Outdoor Corporation, and The Outdoor Foundation today announced a new partnership effort aimed at broadening the outdoor community by engaging new audiences and industries in nature-based activities…
Sig Sauer Inks Contract with Army
Sig Sauer, Inc. said it has secured a multi-year contract to provide pistols to the U.S. Army's Material Command. The potential value for all quantities and the related customer support package is $306 million. The initial order of 55,890 units is to
Ortovox Named Official Supplier of Pro. Ski Instructors of America, American Association of Snowboard Instructors
The Professional Ski Instructors of America (PSIA) and American Association of Snowboard Instructors (AASI) have partnered with Ortovox USA, Inc. Ortovox, which has long supplied the PSIA-AASI Accessories Catalog with its avalanche transceivers, probes, s
Big Rock Sports Relocates Distribution Center
Big Rock Sports plans to relocate its Henry's Distribution Center to Hamlet, NC. This move will enable Big Rock Sports to expand from 170,000 square feet to 310,000 square feet of warehouse space. The new state-of-the-art facility will start receivin
Lakers’ Bryant Tops NBA’s List of Top Jersey Sales; LeBron Second
Los Angeles Lakers' Kobe Bryant has regained his spot on top of this year's list of most popular NBA jerseys. Bryant reclaimed the #1 spot, which he held in 2006-07, after being overtaken last year by the Boston Celtics' Kevin Garnett. The
Under Armour Beats the Street in Q1
Under Armour, Inc. got Wall Street excited again this week following the company’s report of first quarter results. Like the news media during a Barack Obama speech, analysts and investors were quick to buy into the numbers, conveniently ignoring the lac
Total Apparel Group Secures U.S. and Canada Licensing Rights for Kappa and Robe Di Kappa
Total Apparel Group, Inc., (TAG) a distributor and licensee of trademarks in the branded apparel, footwear and accessories sectors, today announced that it has been granted the U.S. and Canadian Master Licensing rights for the internationally popular Kapp
DSW Shoes Opens Store in Frederick, MD
DSW will open a new store in Frederick, MD on May 7. The store will be the 16th DSW location in the Washington D.C. market. The 17,000 square foot store in Frederick will offer women and men thousands of shoes in a contemporary setting…