Vibram USA has agreed to pay a total of $3.75 million to settle a lawsuit alleging it made unsubstantiated claims that its FiveFingers shoes strengthened muscles and prevented injury. Vibram denies any wrongdoing in the case, but has agreed to stop making
Tag: Trade
Bob Zide and Ira Silberman Inducted into SG Hall of Fame
The Sporting Goods Industry Hall of Fame grew to 159 members with the Class of 2014 inductions of Ira Silberman, the retired VP of Diversified Products from Opelika, AL, and the late Bob Zide, founder of Zide’s Sport Shop in Marietta, OH…
Big Agnes Fills New Product Designer Position
Big Agnes named Will McElwain to a newly created product designer position…
Adidas Outdoor Signs Professional Rower
Adidas Outdoor announced the addition of rower Sonya Baumstein, 29, to its team of athletes. In 2013, Baumstein became the first person to stand-up paddleboard across the Bering Strait…
The Outdoor Foundation Targets Retailers in Latest Grant Program
The Outdoor Foundation launched Wednesday the Outsiders Ball Project Fund to encourage outdoor retailers to partner with local non-profits to compete for grants for outdoor programs that encourage youth in their markets to participate in outdoor recreatio
Ski and Snowboard Visits Off 1.3 Percent from 2012-13 Season
The National Ski Areas Association (NSAA) estimated that U.S. ski areas tallied an estimated 56.2 million skier and snowboarder visits during the 2013-14 season—a figure just shy of the 10-year industry average of 57.3 million, and down only 1.3 percent f
Black Diamond Inc. Says Spring Apparel, POC Fueled Q1 Growth
Black Diamond, Inc. reported the launch of its spring apparel line and strong results at its POC ski helmet business helped push sales up 7 percent to $54.5 million in the first quarter ended March 31. The company remains on track to meet its revenue and
Outdry Obtains Injunction in Italian Patent Litigation
Columbia Sportswear Company said an Italian court authorized the seizure of certain Amphibiox products after ruling they infringed on a patent held by Columbia's Italian-based subsidiary OutDry Technologies…
Pacific Vector to Miss Filing Deadline for 2013 Financial Report
Pacific Vector Holdings Inc., which is in the midst of trying to turn around opeartions at a portfolio of action sports retail stores, will miss the filing deadline for its fiscal 2013 financial report…
Garmin Ramps up Spending at Fitness and Outdoor After Strong Q1 Showing
Garmin Ltd. is shifting more advertising and R&D resources to its Fitness and Outdoor segments after seeing how quickly new innovations by those businesses boosted sales and profits in the first quarter…
Spartan Race Creates Non-Profit to Govern Obstacle Races
Spartan Race, Inc. selected adventure race icon Ian Adamson to lead the International Obstacle Racing Federation (IORF), a new non-profit organization it has created to serve as the international governing body of the sport of obstacle racing. The effort
Steve Madden Posts Modest Q1 Earnings Increase
Steve Madden reported sales increased 9.2 percent in the first quarter, to $304.6 million compared to $278.9 million in the same period of 2013…
Bauer Appoints Karyn O. Barsa to Board of Directors
Bauer Performance Sports Ltd. has appointed Karyn O. Barsa as an independent director of the company…
Primer180 Hires Shine as Director of Product Innovation
Minneapolis, MN based Primer180, has hired Mike Shine to the role of director of product innovation…
Wolverine Worldwide Sees Modest Q1 Revenue Decline
Wolverine Worldwide reported revenue in the first quarter, as expected, declined modestly to $627.6 million, a decrease of 2.8 percent versus the prior year. Gains were tempered by continued soft traffic at retail in the U.S., the strategic realignment of