SGB Update Apparel
TSA Refinancing Debt, Moody’s Raises Outlook
The Sports Authority has secured a new, seven-year, $350 million term loan due 2017. Proceeds from the new loan, led by Bank of America and JPMorgan Chase, will replace the retailer’s existing $275 million senior secured term loan due 2013 and buy b
Garmin Acquires Distributor
In a recent acquisition, Garmin purchased full rights to Belanor AS, the distributor of Garmin’s automotive, outdoor recreation, fitness and marine products in Norway, for an undisclosed sum…
Lorpen Expands Canadian Sales Force
Lorpen is expanding its Canadian sales force with the addition of three associates. The new hires include: Patrick Wilson covering south central Ontario, Dave Frick in the Alberta and East Kootenay region, and Doug Ballou in British Columbia…
The Nielsen Company to Refinance $330M in Debt
The Nielsen Company B.V., owner of the Outdoor Retailer and Interbike trade shows, disclosed plans to refinance debt due 2014 through the issue of $330 million in notes in a private transaction that will lower its interest rates by 100 to 225 basis point
Hanesbrands Completes Acquisition of Gear For Sports
Hanesbrands Inc. has completed its acquisition of GearCo, Inc., known as Gear For Sports, a seller of licensed logo apparel in collegiate bookstores and other channels…
RECALL: Easton Sports Seat Posts
Easton Sports, in cooperation with the U.S. Consumer Product Safety Commission, has issued a voluntary recall of approximately 200 2010 EC90 Zero seat posts…
Nike to Launch Online Golf Community
Nike Golf is set to release a new digital golf community labeled as — The Grind. On Nov. 1, 2010, golfers will be able to join The Grind via www.nikegolf.com and connect with other golf athletes in hopes of improving their performance…
Unifi Q1 Net Sales Grow 22%
Unifi, Inc., a major supplier of recycled polyester to outdoor apparel brands, said net income for the first quarter ended Sept. 26, 2010. was $10.2 million or 17 cents per share compared to net income of $2.5 million or 4 cents per share for the prior ye
Adidas Outdoors Sponsors New OIA Award
Adidas Outdoors, which is re-entering the U.S. market next fall, has signed up as presenting sponsor for the Outdoor Industry Association Outdoor Inspiration Awards. The awards will recognize efforts to rouse additional participation in outdoor activities
Jarden Outdoor’s Q3 Sales Grow Nearly 7%
Jarden Corp. said sales at its Outdoor Solutions segment, which owns Coleman, Campingaz, Marmot, Penn, Rawlings, Shakespeare, Stearns, Volkl, Zoot and other team and outdoor sporting goods brands, reached $604.7 million in the third quarter ended Sept. 3
Alpinist Joe Puryear Dies While Climbing in Tibet
Joe Puryear—the highly respected American alpinist and consultant to equipment maker Sherpa Adventure Gear — died while climbing Labuch Kang (7367 meters) in Tibet. Puryear, a Washington native, fell while ascending a ridge when a cornice gave way…
REI’s Fresno Store to be Featured on Oprah Friday
National outdoor gear and clothing retailer REI will be featured on two upcoming episodes of “The Oprah Winfrey Show.” The episodes, titled “Oprah and Gayle’s Big Yosemite Camping Adventure,” highlight their first-time campi
Outdoor Retailer Offers Buyers Early Registration Discounts
Outdoor Retailer recently opened online registration to buyers and designers for Outdoor Retailer Winter Market, Jan. 20-23, 2011…
Benchmade Appoints Four New Managers
Benchmade Knife Company has appointed four new managers who will help drive growth for their portfolio of brands…
Rugged Bear Accelerates Expansion
Rugged Bear, the children's outdoor retailer celebrating its 30th year in business, is 30th store this month. The company, based in Norwood, MA, said it is not only experiencing record sales and web growth, but its six new store openings in New Engla
