Ten Brands Confirm Plans to Use DownTek

Big Agnes, Brooks-Range, EMS, LLBean, Mountain Hardwear, Nemo, Mountain Designs, Reecho, Sea to Summit and Salewa will be using DownTek water-repellant technology for the 2012/2013 winter season, according to Down Decor, a wholesale supplier of the revol

Billabong to Raise Capital, Slashes EPS Outlook

Billabong International Ltd. announced plans to raise A$225 million ($229 million) selling new stock at a discount to repay debt while also lowering its earnings forecasts. The Australian-based surf giant also revealed that Chairman Ted Kunkel plans to re

Border Security Bill Could Threaten National Parks, Sites

The National Parks Conservation Association criticized national security legislation being taken up in the U.S. House of Representatives Tuesday, saying it would enable the Department of Homeland Security to suspend basic protections for national parks, h

CEO of Cabela’s Banking Subsidiary To Retire in 2014

Cabela's Incorporated announced that, effective Jan. 1, 2013, Executive Vice President Joseph M. Friebe will transition from his position as president and CEO of its World’s Foremost Bank subsidiary to become a special advisor to a yet to be na

Vail Resorts Ekes Out Higher Retail Sales in Q3

Vail Resorts Inc. reported that retail/rental revenue increased $800,000, or 1.3 percent, for the third quarter ended April 30, compared to the same period a year earlier. The company, said the growth came primarily online, rather than from its more than

Collective Brands Q1 Profits Grow on Payless Rebound

Collective Brands, Inc., which in early May reached an agreement to be sold to Wolverine World Wide and a pair of private-equity firms, reported earnings improved 25.8 percent in its first quarter, particularly benefiting from an improved bottom line for