Polartec announced Appalachian State University as the winner of its Made Possible College Challenge this week. The contest, which began in early October, was aimed at promoting collegiate outdoor programs, with the winner receiving a $10,000 grant and Po
Tag: People
Seattle Startup Targets Retailers with Custom Bottles
Seattle start-up MiiR Bottles will provide customized stainless steel water bottles to Seattle retailer evo for sale online and within the retail store. Miir Bottles said it is using new technology that makes it easier to customize bottle designs to help
D.A. Davidson Acquires Silver Steep Partners
D.A. Davidson & Co. acquired Silver Steep Partners LLC, an investment banking firm specializing in the outdoor and active lifestyle industry. The terms were not disclosed. Silver Steep Partners, based in Seattle is led by Nathan Pund and Robert Farinholt.
No Fear Sued Over Unpaid Rent
Several shopping centers in Southern California have sued No Fear, the surf apparel brand based in Carlsbad, CA, for falling months behind in rent for its retail outlets, according to a report in the Los Angeles Times…
Polartec College Contest Draws 8,000 Facebook Fans
Polartec awarded $10,000 to Appalachian State University as the winner of its Made Possible College Challenge, which drew 8,000 new fans to the company's Facebook page. The contest, which began in early October, was aimed at promoting collegiate outd
RECALL: Redline Bicycles
Seattle Bike Supply (SBS) is voluntarily recalling about 200 of its Redline D640 bicycles because cracking in head tube weld joints can cause the head tube to separate from the frame, causing the rider to lose control and fall. While the defect poses a r
Allen Edmonds Hires Category Manager, Golf
Allen Edmonds Shoe Corporation has hired Warren Vail as category manager, golf. Since 2007, Vail has served as the CEO of Parker McClain, Ltd. where he designed, manufactured and marketed high-end, custom golf shoes…
Lululemon’s Earnings Soar on 29% Comp Surge
Lululemon Athletica Inc. reported net revenue jumped 56% in the third quarter to $175.8 million on a 29% comp gain on a constant-dollar basis. Net earnings jumped 84.5% to $25.9 million, or 36 cents a share, from $14.1 million, or 20 cents, a year ago…
Sportsman’s Warehouse Reentering Memphis Market
Sportsman's Warehouse Inc. is returning to Memphis, TN, where it closed a store in 2009 as part of a massive restructuring during a Chapter 11 bankruptcy…
McDavid Hires Marketing Product Manager
McDavid USA hired Doug Wisner as the new marketing product manager. Wisner joins the Chicago-based company with more than 10 years of product development and management experience in the sporting goods industry, most recently at Wilson…
Yue Yuen’s November Revenues Climb 27%
Yue Yuen Industrial Ltd. reported revenues in November jumped 26.7% to $553.2 million from $436.5 million a year ago. In the eleven-month period through November, sales grew 23.6% to $5.56 billion from $4.5 billion in the same period a year ago…
Exchange Rates, Lower Retail Prices Drag Down Cherokee’s Q3 Revenues
Cherokee Inc. reported total royalty revenues declined for the third quarter ended Oct. 30 due to a rising dollar and retailers lowering prices of its products. Revenues reached $7.7 million, down from $8.0 million in the comparable period last year…
Fortune Brands to Sell/Spin Off Acushnet Golf Business
Fortune Brands Inc., facing pressures from an activist shareholder, announced plans to either sell or spin off its Acushnet Company golf unit, which includes Titleist and FootJoy. The company will also spin off its home and security unit to shareholders i
Timbuk2 Brings in New Sales Manager
Timbuk2 has named Doug Hall as its national sales manager. Hall, who left the same position at cycling apparel maker Fox Head Inc., is responsible for expanding Timbuk2’s domestic wholesale base, and strengthening the company’s sales force.
Ranchers Oppose Full Funding of Land and Water Conservation Fund
Eighteen livestock groups are opposing full funding of the Land and Water Conservation Fund, arguing it will restrict their access to grazing on public lands and raise costs to taxpayers. The Outdoor Industry Association has long sought full funding of LW