New Cycling Equipment Group Formed
The cycling equipment industry has come together to form the Global Organization of Cycling Equipment Manufacturers (GOCEM) with the objective of providing a unified voice for the cycling industry. GOCEM said its long-term mission and goal is to pursue a
KangaROOS Appoints Northeast Reps
KangaROOS USA has added two key former Puma North America sales reps to its team to cover the Northeast region…
Swanson Russell Named Marketing Lead for Geonav Marine Electronics
Johnson Outdoors has tabbed Swanson Russell to lead marketing efforts in Europe and the United States for its Geonav brand of marine electronics. Headquartered in Racine, WI., Johnson Outdoors Inc. acquired the Italian-based Geonav company in 2007. Produc
SEC Seeks More Than $22mm from Ex-Kmart CEO
The U.S. Securities and Exchange Commission is seeking more than $22 million from the former CEO of Kmart Corp., Charles Conaway, for “intentionally lying” to Wall Street and concealing information from Kmart directors prior to its bankruptcy filing in 20
Lafuma moves U.S. HQ to Lafayette, CO
Lafuma America Inc. is moving its U.S. headquarters from Broomfield, CO, to Lafayette, CO…
Confluence Watersports Hires COO
Confluence Watersports hired Larry Knust as its chief operating officer. Shane Cobb is the new vice president, human resources; and Barbara Tobin has been named the customer service director. All three were hired in late second quarter 2009…
PPR: Puma Second Quarter Sales Rise 4.4%
Puma AG's sales rose 4.4% to €595 million ($810 million) during the second quarter on a reported basis, according to the quarterly report of its parent, French-based luxury and retail conglomerate PPR SA…
New Cycling Equipment Manufacturers Group Formed
The cycling equipment industry announced the formation of the Global Organization of Cycling Equipment Manufacturers (GOCEM) with the objective of providing a unified voice for the cycling industry…
Cabela’s Q2 Comps Climb 6.1%, Earnings Gains 24.7%
Cabela's reported revenues for the second quarter of 2009 increased 4.4% to $549.2 million from $526.0 million a year ago. Net income climbed 24.7% to $9.1 million, or 14 cents a share, from $7.3 million, or 11 cents, a year ago…
Outdoor Retailer Show Sees Decline in Attendance
Outdoor Retailer said it “did see a dip in overall attendance” at its recent Summer Market show but the event still tallied more than 18,000 overall attendees (approx. 5,000 buyers)…
Brunswick Q2 Sales Plummet on Sinking Engine, Boat Sales
Brunswick Corporation reported net sales for the second quarter of 2009 were $718.3 million, down from $1,485.4 million a year earlier. For the quarter, the company reported an operating loss of $145.4 million, which included $35.5 million of restructurin
West Marine Q2 Sales Slip 5%; Earnings Up
West Marine reported net revenues for the thirteen weeks ended July 4, 2009 were $215.4 million, a 5.0% decrease compared to net revenues of $226.7 million for the thirteen weeks ended June 28, 2008. Comparable store sales declined 1.0% versus the same pe
Andrew Hersam Joins Competitor Group as EVP, Media
The Competitor Group (CGI) announced that Andrew R. Hersam has been named Executive Vice President of Media, effective immediately. Hersam is an accomplished media executive with over 20 years of managing print, digital, radio, television and event brands
OIA Board Members Urge Paddlesports Industry to Cooperate
At the Outdoor Retailer summer market show last week, Canoe & Kayak Magazine announced the 2010 launch of a new paddlesports-specific tradeshow in Minneapolis. A group of current and past OIA board members recently sent an open letter to the paddlesports
Sturm, Ruger’s Q2 Revenues Catapult 87.1%
Sturm, Ruger & Company, Inc. reported sales surged 87.1% in the second quarter to $72.4 million from $38.7 million a year ago. Earnings jumped to $8.7 million, or 46 cents a share, from $1.1 million, or 5 cents, a year ago…
