Zumiez Inc. reported a 53.7% increase in sales for the month of March to $28.3 million from $18.4 million for the same period last yaer. The company's comparable store sales increased 17.0% for the five-week period, on top of a comparable store sales
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Coleman Parent Adds Pure Fishing to Outdoor Division
Jarden Corporation has acquired Pure Fishing, Inc., a provider of fishing tackle, lures, rods and reels marketed under brands including Abu Garcia, Berkley, Mitchell, Stren, Trilene and Gulp. Pure Fishing had 2006 revenue in excess of $250 million. Though
Puma to Take Over South Korean Distribution
PUMA AG will serve the South Korean market directly through its 100% subsidiary PUMA Korea, effective January 1, 2008.
As negotiations based on a PUMA offer to extend the cooperation beyond the current license agreement with E-Land failed, the licence agr
American Apparel/Endeavor Merger Moves Ahead
Endeavor Acquisition Corp. said it had been advised by American Apparel that the company will post at least $30 million pro-forma EBITDA for the fiscal year ending December 31, 2006. Under the terms of the merger agreement, American Apparel was required t
Outdoor U. Launches 2007 Events
OIA’s Outdoor University has finalized its program and speaker agenda for 2007 events. The program will be offered at four sessions across the country – Rendezvous Conference/Outdoor University Workshop, EORA Southeast Show, ORA/MRA Midwest Rep Show, and
Remington Sold to Cerberus for $370 Million
Remington Arms Co. Inc. has agreed to be acquired by private equity firm Cerberus Capital Management LP for $118 million.
As part of the acquisition of Remington, which makes guns for hunting as well as police and military uses, Cerberus has agreed to ass
Foot Locker to Launch Former Knick John Starks Apparel Line
Former NBA All-Star and New York Knicks legend John Starks has partnered with ZipWay on a new athletic apparel line. The breakaway pant collection launches at 150 Foot Locker stores around the country on April 13…
Federated Bumps Up Funding for Online Business
Federated Department Stores, Inc. has announced an additional capital investment of approximately $100 million in 2007-2008 to support continued growth in its direct-to-consumer businesses, including macys.com, bloomingdales.com, Bloomingdale's By Ma
Iconix Closes Rocawear Acquisition
Iconix Brand Group, Inc. has completed the acquisition of the brand Rocawear. The purchase price for the transaction was $204 million in cash with contingent payments of an additional $35 million of Iconix stock based upon the brand surpassing certain pre
Outdoor Apparel Thrives Through Slow Winter…
Apparel has quickly become the driving force behind sales growth for most outdoor retailers, whether big box or specialty. The softgoods category speaks to consumers from nearly all disciplines and even the customer who has never spent a week hiking the A
TJX Says Info From At Least 45.7 Million Cards Stolen
TJX Cos. confirmed that credit- and debit-card information for at least 45.7 million of its customers was stolen in 2003…
Mike Ashley Buys adidas Stake; RBK Moves EU Headquarters
Sports Direct’s Mike Ashley has invested £183 million ($350 mm) on a 3.14% stake in adidas. The entrepreneur used his own resources to buy the adidas stake, rather than those of Sports Direct…
Dynacraft Bikes Recall
The CPSC and Dynacraft BSC Inc., of American Canyon, Calif. are recalling about 32,000 Triax PK7 and Vertical PK7 Bicycles. The bicycles were manufactured by Shun Lu Bicycle Company of Guangdong, China…
RECALL: West Marine Inflator Pumps
The CPSC and Stearns Inc., are recalling about 1,400 West Marine Inflator Pumps The recalled units were originally imported by Sevylor, who was recently acquired by Stearns…
Joe’s Readies Openings for Bellevue and Kirkland Stores
Joe's Sports, Outdoor & More, formerly G.I. Joe's, said it plans to host community-wide grand openings for new stores in Bellevue and Kirkland, Washington, beginning with ribbon-cuttings at each store at 9 a.m. on Thursday, April 5, 2007…