REI Foundation Awards $50,000 to GirlTrek

The REI Foundation awarded its annual $50,000 Mary Anderson Legacy Grant to GirlTrek, a national nonprofit and health organization inspiring and supporting African-American women and girls to live their healthiest, most fulfilled lives – through walking..

Orvis Practices Catch and Release with Ross Reels

The Orvis Company, Inc. has agreed to sell Ross Reels just six months after acquiring it after concluding the company did not fit well with Orvis' existing fly reel business. Orvis said it has agreed to sell Ross Reels to Mayfly Group, LLC, which mak

Amazon Racks Up Record Holiday

Amazon announced the entire 2013 holiday season was the best ever for Amazon, with more than 36.8 million items ordered worldwide on Cyber Monday. In the Sports & Outdoors category, the top three Holiday Best Sellers were: LifeStraw Personal Water Filter;

Outdoor Retailer Parent Acquires Surf Expo

Emerald Expositions, organizers of the Outdoor Retailer trade show, has agreed to acquire George Little Management, which operates the Surf Expo and other trade shows. The price paid was $335 million, subject to certain adjustments at closing…

Nike Inc. Sees Brighter Futures Ahead…

Nike Inc. reported an impressive 9 percent gain in revenues on a currency-neutral basis in the fiscal second quarter ended Nov. 30, with a 9 percent gain for Nike Brand and 11 percent for Converse. Even more encouraging, future orders were up 13 percent a

The Finish Line Swings to Fiscal Q3 Profit on Sales Jump

The Finish Line Inc. posted a profit of $2.3 million, or 5 cents a share, in its fiscal third quarter ended Nov. 30, rebounding from a net loss of $103,000, or less than one cent a share, a year ago. With results particularly aided by a 7.1 percent comp g

Billabong’s New CEO Unveils Turnaround Plan

Billabong’s new CEO Neil Fiske last week outlined a seven-point turnaround plan, which includes rebuilding the company’s global brands, sorting emerging brands, and fine-tuning merchandising strategies with fewer better styles…

RG Barry Explores Possible Sale

R.G. Barry Corporation entered into a non-disclosure and standstill agreement with Mill Road Capital Management LLC in regards to the PE firm's potential bid to acquire the company…