SGB Update Footwear
Bakers Footwear to Close 150 stores
Bakers Footwear Group, which filed Chapter 11 in early October, began the liquidation of 150 of its 213 stores. The liquidations will cover $30 million of inventory. The company plans to seek financing that will allow it to operate its remaining 63 stores
2nd Annual Fat Bike Winter Summit and Festival Set for January
Organizers of the Annual Fat Bike Winter Summit and Festival, which debuted in January, have expanded the second edition of the event to include product demos, races, group rides, and Saturday evening bash for fat bike enthusiasts…
Foot Locker Unveils Women’s Concept
Foot Locker, Inc. announced the introduction of SIX:02, an elevated retail concept featuring top brands in fitness apparel and athletic footwear for women. The first three stores will open for the holiday season in Stamford Mall in Stamford, CT, Willowbr
Hestra Gloves Adds Endorsers
Hestra Gloves added three new athletes to its team, freeride skiers Cody Townsend and Elyse Saugstad, and big mountain snowboarder Ralph Backstrom…
Skechers Present $25,000 and Footwear for Hurricane Sandy Relief
Skechers USA, Inc. announced that elite marathon runner Meb Keflezighi presented a $25,000 check to the Mayors Fund in New York City on behalf of Skechers for rebuilding efforts after the destruction of Superstorm Sandy…
Weekend Snowfall Arrives at Many Colorado Resorts
Heavy snowfall arrived across Colorado over the weekend, ensuring that many of the states ski and snowboard areas will soon be open, according to Colorado Ski Country USA…
Icebreaker to Open Seattle Store Thursday
Icebreaker will open its new store in Seattle on Nov. 15, 2012. The 1,500-square-foot “TouchLab” will be located in downtown Seattle at 5th Avenue and Pike Street, blocks from the iconic Pike Place Market…
Outdoor Brands Drive Bulk of CODI’s Third Quarter Growth
Compass Diversified Holdings Inc. reported consolidated revenue at its four branded product companies – CamelBak, Fox Factory, Liberty Safe and Ergobaby – rose 15 percent to $413 million in the third quarter ended Sept. 30…
Haiku Acquired by Mountainsmith Parent Blackstone Investment Group
Haiku, a maker of women's bags and accessories sold by REI and many other outdoor retailers, has been acquired by Blackstone Investment Group, the Springfield, MO company that own Mountainsmith and manufactures private label sewn products for several
Head’s Racquet and Diving Offset Winter Sports Decline in First Nine Months
Head NV reported net sales for the first nine months of 2012 grew 5.3 percent despite a 7.9 percent decline in Winter Sports sales in the third quarter. The Dutch ski and racquet vendor said growth has been driven by Racquet Sports, especially in North Am
Mizuno’s Profits Slide in First Half
Mizuno Corp. reported revenues grew 4.2 percent in the six months ended Sept. 30, to ¥81.3 billion ($1.3 bn). Sales of footwear, especially running shoes, and apparel remained strong throughout the first half. Overall sales increased in Japan and the Unit
Three SCUBA Importers Recall 2,500 High Pressure Hoses
Innovative Scuba Concepts Inc., of Colorado Springs, CO, Trident Diving Equipment, of Chatsworth, CA, and A-Plus Marine, of Gulf Breeze, FL, are recalling about 2,500 high- pressure SCUBA diving air hoses. The importers have received nine reports of burst
Skins Compression Brings Incompetence Suit Against UCI Over Doping Scandal
Skins Compression, a performance sportswear company and major sponsor of pro cycling teams and organizations since 2008, served the Union Cycliste Internationale (UCI) with a legal demand for $2 million, seeking damages for alleged mismanagement and impro
Gaiam Revenues Rise Three Percent in Q3
Gaiam, Inc., distributor of active lifestyle media, apparel and other products, reported third quarter net revenue rose three percent to $43 million after excluding results from its solar power business, deconsolidated from the company in Dec. 2011.
Adidas Lowers Forecasts on Reebok Weakness
Adidas AG reported a 14 percent rise in third quarter earnings but lowered its full year revenue forecast due to declines of its Reebok brand and the National Hockey League lockout in North America. The company had previously forecast a full year rise of
