One Percent for the Planet (1% FTP), a global network of businesses committed to the preservation and restoration of the natural environment, annouced the launch of an online retail store designed to support its members by offering their products online..
Tag: People
Under Armour Finalizes USF Sponsorship
Under Armour has finalized a five-year contract to make Under Armour the outfitter of the University of Southern Florida (USF). According to the St. Petersburg Times, the agreement had been in since November. USF is currently ranked number 12 in the count
Outdoor Industry’s Margins Squeezed in Q2
Second-quarter sales were brisk for outdoor vendors and retailers, but declining margins caused declines in profits and return on sales. Sales growth nearly kept pace with inventory growth, a good sign as the industry continues to encounter increasing cos
Lululemon Doubles Second Quarter Net Income; Expansion Continues
Lululemon Athletica Inc. more than doubled second quarter net income and the company maintained its earnings guidance in the face of a tough retail environment. LULU also said it continues on its plans to open 35 stores this year. The sales gain for th
New Karhu Owners Moving Ahead Despite Dispute
KARHU Holding BV is moving forward with plans to launch the Karhu brand worldwide despite a dispute with the Finnish company that sold it exclusive global rights to the brand in late June…
UPDATE: SRAM Says Lehman Deal Moving Forward
Bicycle component maker SRAM said a deal to sell 40% of the company to a unit of bankrupt Lehman Brothers has not closed but is moving forward. If the deal falls through, SRAM will merely look for a new strategic financial partner to help finance its glob
Pending Legislation is Likely To Impact Outdoor Industry…
A coalition of trade associations, including the Outdoor Industry Association, outdoor businesses and other interested groups, have joined together in asking Congress to correct or postpone the implementation of changes to the Lacey Act, a section of the
Orvis Venture Secures Acreage for Texas State Park
Orvis/Cushman & Wakefield has brokered the sale of a 2,864-acre ranch in Texas to the Trust for Public Land in a deal that will expand the Palo Duro State Park by 10 percent. The Orvis Company and Cushman & Wakefield, Inc. formed the joint venture to mar
G-III Apparel Widens Q2 Loss
G-III Apparel Group, Ltd. reported second-quarter sales increased by 35% to $113.5 million from $83.9 million last year. The company reported a net loss of $3.9 million, or 23 cents a share, for the three months ended July 31, compared to a net loss of $8
SportsDepot.com Launches Same Day Shipping
SportsDepot.com, one of the largest online retailers of sports equipment and apparel, has introduced same day shipping on all in stock merchandise. As part of the introduction, SportsDepot.com is including a free T-Shirt with every order…
Iconix Forms Iconix China Limited
Iconix Brand Group, Inc. announced that the company and Novel Fashion Brands Limited, owned and run by Silas Chou and family, had completed the formation of Iconix China Limited, a Hong Kong company formed by the parties to develop and exploit the Iconix
Eurobike Reports High Attendance and Confidence
Eurobike is reporting record attendance of 36,800 trade visitors from 75 countries, 18,000 bicycle fans at its Open House Day and 1,430 journalists from 32 countries. Ninety percent of the trade visitors surveyed rated the economic situation as stable to
Warrior Files $30 Million Lawsuit Against the NCAA
Warrior Lacrosse has filed a lawsuit against the NCAA seeking damages of more than $30 million they say will be caused under new men's lacrosse equipment rules. The rules in question detail the size of the lacrosse stick head…
ASR Sees Slower Traffic, But Attendees Generally Pleased
The Action Sports Retailer show this past weekend was more subdued than it has been in years past, as relatively empty aisles reflected what some in attendance attributed to a difficult economy, a later back-to-school period or possibly the exit by sever
Ashworth Partners with Golf Channel
Ashworth, Inc. has partnered with Golf Channel as the golf-apparel supplier for Golf Channel's new season of “Big Break X: Michigan,” which debuts October 7. The show's eight two-person teams have been supplied Ashworth product from the company&
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