Trek Bicycle will be the title sponsor of a new triathlon series expected to draw 25,000 women participants in its first year. The new Trek Women's Triathlon Series is built around the sprint distance format (a 1/2-mile swim, 12-mile bike, and 3-mile
Tag: People
Patagonia Opens First Store in Texas
Patagonia has opened its 25th retail store and its first location in Texas. The new 7,000-square-foot Patagonia store is located in a historic building that began life as the W.B. Smith dry goods store in 1884, four years before the state capitol down the
Zappos Lays Off 8% of Workforce
Zappos.com has laid off 8% of its workforce and may close some of its retail locations in Nevada and Kentucky. According to an e-mail to employees that was posted on the company's blog, Zappos CEO Tony Hsieh said, “This is one of the hardest decision
Court Ruling Could Mark End for Pro V1’s
In a fitting conclusion to what has amounted to a tumultuous quarter in all facets of the golf industry, a major development has arisen regarding a highly-publicized spat between two of the industry’s giants…
Smith and Wesson Fills Orders for MandP Tactical Rifles
Smith & Wesson Holding Corporation, parent company of Smith & Wesson Corp., reported that it has recently filled orders for its Military & Police (M&P) tactical rifles. Among recent shipments is an order from the Chicago Police Department to equip the cit
Yellowstone Club Files Chapter 11 Bankruptcy
The exclusive Yellowstone Club near Big Sky, MT, which offers “private powder” to its multimillionaire homeowners and resort guests, has filed for bankruptcy protection, according to multiple online reports…
Phoenix Footwear Net Sales Drop 16.4%, Suspends Guidance
Phoenix Footwear Group, Inc. revealed in its consolidated results for the third quarter ended Sept. 27, 2008 that net sales decreased 16.4% to $18.7 million, compared to last year's $22.3 million. The company experienced sales declines across all of
U.S. Approves Plan for Interstate Bike Routes
The American Association of State Highway and Transportation Officials (AASHTO) have just approved a National Corridor Plan laying out the framework and guidelines for the development of what could become the largest official bicycle route network in the
Deckers Discusses Broadening Product Line, Retail Plans and Tougher Patent Enforcement at Annual Investors’ Day
Deckers Corp. laid out three main opportunities for growth of its juggernaut Ugg brand at its annual investors’ day last week and provided updates on its plans for Simple, Teva and Tsubo. The company expects to open up to 30 shops in the United States, A
Big 5 Third Quarter Comps Decline, Cautiously Prepares for ’09
For the fiscal 2008 third quarter ended Sept. 28, net sales for Big 5 Sporting Goods Corporation declined 3.5% to $223.2 million while comps declined 6.6%, primarily due to a decrease in customer traffic. The declining results and tighter credit markets c
Newron Sport Commences Trading on Pink Sheets
Newron Sport, a sports technology company based in Las Vegas, has commenced trading on the Pink Sheets, under the ticker symbol NSPT. Newron Sport said it is launching its patented inline skate technology through media sponsorships, elite level athlete en
PacSun’s October Comps Drop 10%, Sees Q3 Loss
Pacific Sunwear of California, Inc. reported that total PacSun sales for the four weeks ended November 1, were $69.3 million, a decrease of 10% from sales of $76.7 million a year ago. Same-store sales decreased 11% during the same period. The retailer now
October Comps Tumble 26.8% at Neiman Marcus
Neiman Marcus, Inc. reported total revenues in the month of October dropped 25.3% to $286 million from $383 million. Comps fell 26.8%. in the four-week October period, comparable revenues in the Specialty Retail Stores segment, which includes Neiman Marcu
Skechers Opens Flagship in San Francisco
Skechers opened a high-profile flagship store in the heart of San Francisco's premier shopping area — just off the Powell and Market streets' cable car stop and bordering Union Square. The three-floor Skechers location is also the Company'
Sport Supply Group Reports Record Q1 Sales
Sport Supply Group, Inc. reported record sales of $73.6 million and diluted EPS of 35 cents for its first quarter ended Sept. 30, 2008. The nation's largest direct seller of team supplies said its elementary school business, varsity athletics sales a
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