The board of directors of Dick's Sporting Goods, Inc. declared a special cash dividend of $2.00 per share. The special dividend payment, which is expected to be funded from the company's excess cash on hand, is in addition to the previously anno
Tag: Trade
Obama Admin Lifts Opposition to Tariff Suspension Bills
Manufacturers who were up in arms last week were able to relax over the weekend when the Obama administration announced Friday they were lifting their opposition to eight of the 18 outdoor industry miscellaneous tariff bills (MTBs) that reduce import tari
Finish Line Supports Special Olympics
The Finish Line, Inc. announced the release of co-branded Special Olympics shoelaces, the proceeds of which will benefit Special Olympics programs in all 50 states…
Nike Brand Exits Surf; Passes Business to Hurley
Nike Inc. plans to move its surfwear operations under its Hurley International brand, following the company’s earlier decision not to renew its title sponsorship of the annual U.S. Open of Surfing.
OIA Offers Free Sustainability Webinar for Snow Sports Vendors
Outdoor Industry Association (OIA) is presenting a free webinar on Thursday, Dec. 6, at 10:00 am MST to highlight the outdoor industry’s sustainability efforts and how the snowsports industry can get involved…
Quiksilver Opens Stores in Vail and Park City
Quiksilver opened in mid-November newly designed mountain concept stores in Vail, CO. and Park City, UT to emphasize its Wintersports Division's growing snow and technical apparel collections…
Ken Spires Resigns as M.J. Soffe’s President
Ken Spires has resigned from his position as president of M.J. Soffe, LLC, a wholly-owned subsidiary of Delta Apparel. Robert Humphreys, Delta Apparel's CEO and chairman, will serve as president of M.J. Soffe on an interim basis…
SSV Adding Five Branded Stores at Colorado and Lake Tahoe Resorts
Specialty Sports Venture (SSV) is in the process of opening seven new retail stores at various mountain destinations in Colorado and California. The company is opening Icebreaker, Oakley, Patagonia, Smartwool and The North Face branded stores as well as i
Bon-Ton Comps Down Slightly in November
The Bon-Ton Stores, Inc. reported comparable store sales in the four weeks ended Nov. 24 decreased 0.1 percent. Total sales decreased 0.8 percent to $301.3 million in the current year compared with $303.6 million in the prior year period…
Stein Mart Comps Surge 7.1 Percent in November
Stein Mart, Inc. (SMRT) reported comparable store sales for the four-week period ended Nov. 24, 2012 increased 7.1 percent. Total sales for the period were $109.8 million, an increase of 7.5 percent from $102.1 million in the same period in 2011…
“Bring a Friend” Ski and Snowboard Challenge to Start Dec. 1, 2012
Organizers of the January Learn to Ski and Snowboard Month are offering more incentives for newcomers to learn how to ski or snowboard this winter. The national “Bring a Friend Challenge” start date has been moved forward to Dec. 1, 2012; it e
PGA TOUR Superstore Awards $10,000 to The First Tee of Metropolitan New York
PGA TOUR Superstore has awarded a $10,000 grant to The First Tee of Metropolitan New York, which positively impacts the lives of more than 5,000 young people in Essex County and across the metro area by providing educational programs…
Fleet Feet Sees Double-Digit Comp Growth in Nine Months
Fleet Feet Sports reported sales in the first nine months of the year reached $100 million, a 13 percent increase over the prior year. Comparable-store sales grew 12 percent…
Big Agnes Names Mystery Mountain as Sales Agency for Western Canada
Big Agnes Inc., maker of sleeping bags, pads and tents, added Mystery Mountain Enterprises, Inc. to its sales team. Mystery Mountain will manage sales of Big Agnes products and Helinox trekking poles and camp furniture in Western Canada…
Brown Shoe Raises FY View, Vows to Avoid Holiday Promotions
Brown Shoe Company, Inc. raised its EPS guidance for the year as robust back-to-school sales at Famous Footwear, healthy sales at its Contemporary Fashion and Healthy Living brand portfolios, and early benefits from its portfolio realignment strategy supp
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