Crunch Health Clubs Aquired by Creditors
Crunch, a collection of health clubs based in New York City, has reached an agreement to be acquired by its senior secured lenders, New Evolution Fitness Company and certain investing affiliates of Angelo, Gordon & Co…
Terry Precision Cycling Purchased by Former CEO of VT Teddy Bear Co.
Former President and CEO of the Vermont Teddy Bear Company Elisabeth Robert has acquired a majority interest in premier women's cycling company Terry Precision Cycling. Terry’s founder Georgena Terry and VP of Marketing Paula Dyba will remain as cont
Zumiez April Comps Fall 13.8%; Sales Down Slightly
Zumiez Inc. reported that total net sales for the four-week period ended May 2, 2009 decreased 1.7% to $23.8 million, compared to $24.2 million for the four-week period ended May 3, 2008…
Online Sales Continue to Increase with New Consumer Demands
Outdoor specialty sales continue to grow online in nearly every category. However, the rate of growth has slowed compared to previous years and retailers are seeing new trends emerge among their customers. According to data compiled by SportScanINFO, year
OIA: March and Q1 Outdoor Sales Decline, Camping Sales Rise
March 2009 retail sales for all core outdoor stores (chain, internet, specialty) combined dropped 5% compared to last March, moving from $369.2 million to $349.8 million, according to the most recent edition of The Outdoor Industry Association (OIA) Outdo
Report: Eddie Bauer in Talks with Potential Buyers
Eddie Bauer Holdings Inc. is in talks with potential buyers including Gordon Brothers Group and Hilco Consumer Capital LLC, sources are telling Bloomberg News. Hudson Capital Partners LLC also may consider a bid, the report said. One of the sources said P
HI-TECH Adds Alexandre Poussin to Outdoor Footwear Team
HI-TEC has added Alexandre Poussin to its Outdoor footwear team. In a three-year trek along the Great Rift Valley of East Africa, Alexandre and Sonia Poussin's goal was to symbolically retrace the passage of early man, from australopithecus to modern
K-Swiss Countersues Puma Over Trademark Infringement Charge
K-Swiss filed a trademark declaratory judgment lawsuit, at the Federal District Court in Los Angeles, against Puma. The lawsuit follows a suit by Puma on May 4 in the U.S. District Court for the District of Massachusetts that accused K-Swiss of selling sn
Amer Sports Sees First Quarter Net Loss Double
Amer Sports continued to suffer through the first quarter due to the value of the U.S. dollar, challenging market conditions and dramatic drops in fitness sales. However, in spite of the heavy double-digit declines in the top line for Precor, the company
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
Secretary Vilsack Addresses Conservation Goals With TRCP Board
U.S. Department of Agriculture Secretary Tom Vilsack met with the board of the Theodore Roosevelt Conservation Partnership last week to address the status and future of conservation and agriculture policy in America, particularly as they affect fish and w
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
Rocky Brands Posts Q1 Loss; Rutter Exits…
Rocky Brands, Inc. management said they expected first quarter sales and earnings to be down versus the comp period last year as they were unable to anniversary “tough comparisons” in their Retail division and “higher-than-normal” gross margins. The top
Golfsmith Bows Xtreme Store in Houston
Golfsmith International Holdings, Inc. on Thursday is opening its new 40,000-square foot “playground” for golfers and tennis players in the Houston area. The retailer claims the new Golfsmith Xtreme store in the Woodlands is the first in the state of Texa
West Marine Narrows Q1 Loss Despite Comps Decline
West Marine, Inc. reported that first quarter net revenues were $101.0 million, down 10.9% from last year. Comparable store sales were down 6.8%. West Marine posted a net loss of 67 cents per share after-tax compared to 81 cents per share after-tax last
