Cabela’s to Open Three Stores with New Format in 2013

Cabela’s Incorporated plans to open three next-generation stores with footprints ranging from 80,000- to 88,000 square feet, and relocate its Winnipeg, Canada, store in 2013. The company divulged the plans after announcing improving retail margins i

GDP Declined in Europe in Fourth Quarter

Gross domestic product (GDP) fell by 0.3% in both the 17-nation euro area and the 27-nation European Union during the fourth quarter of 2011, compared with the previous quarter, according to flash estimates published by Eurostat, the statistical office of

Black Diamond Kicks Off Stock Offering

Closely-held Black Diamond, Inc. offered 7.75 million shares of stock at $7.50 a share in a public offering aimed at raising more than $50 million to pay off debt and finance acquisitions. The company's plans call for making enough acquisitions to gr

NFHS Delays Football Glove Rule

The National Federation of State High School Associations (NFHS) Rules Review Committee will delay implementation of what is known as the Football Glove Rule until the 2013-14 school year. The rule would require all football gloves worn in varsity games t

Reef Resigns Rob Machado, Signs Jamie Mitchell

Cardiff, California’s Rob Machado, 38, surfing's longtime icon of style, re-signed a footwear deal with Reef, extending their relationship for the next three years. Machado will represent Reef’s premium leather sandal collection. Reef has

Barneys Hires Restructuring Advisers

Barneys New York Inc. has retained bankruptcy and restructuring lawyers at Kirkland & Ellis, sources told the Wall Street Journal. The fashion retailer is looking to rework its debt load stemming from its 2007 takeover by Dubai investors…

Marin Bikes Sold to European Investment Firm

Privately held Marin Bikes has reached agreement for sale to Minestone Limited, a private European-based investment firm, according to an entry at Marin's blog by President and Founder Robert Buckley…

Accell Names Ghost Founder President of Asian Unit

Accell Group N.V. appointed Uwe Kalliwoda, the founder of its Ghost Bikes subsidiary, to oversee Accell Asia from an office in Taiwan. The Taiwan office manages sales for Korea and Australia and marketing and sales of the Ghost, Lapierre and Koga bicycle

Brooks Opens First Asian Subsidiary

Brooks Sports, Inc. said it will open its first Asian subsidiary, Brooks Sports K. K., in the world’s second largest running market, Japan. Partnering with Custom Produce INC. (CPI), Brooks will bring…

Puma Partners with BMW Motorsport

Puma has entered into a new multi-year partnership with BMW Motorsport. The global sportlifestyle brand has become the official supplier of team and racewear for all BMW Motorsport racing operations, including DTM, ALMS and various high-profile long-dista