SGB Update Footwear
RECALL: Norco, Trek, Cannondale Bikes
Around 20,000 mountain bikes and bike frames are being recalled last week by three companies in cooperation with the U.S. Consumer Product Safety Commission. Both Trek and Cannondale are recalling bikes with faulty suspension forks manufactured by Taiwane
Survey: Business Getting Done at OR Trade Show
In its first comprehensive survey around the iconic outdoor industry trade show event since 2004, the organizers of Outdoor Retailer found – not so surprisingly – that new products and networking were the primary reasons retailers went to their trade show
Sportsmen Applaud Administration Support of Clean Water Act Protections
Members of the Theodore Roosevelt Conservation Partnership Wetlands and Clean Water Working Group applauded statements made by the Obama administration supporting a legislative fix to the long-standing confusion over federal protections of the nation’s ri
Cloudveil Appoints New Sales Positions
Cloudveil has named James Samuel to a new position, Director of Global Sales, while Ned Hutchinson assumes North American Sales Management responsibilities…
YogaDirect Becomes Preferred Yoga Supplier for Lady of America
YogaDirect.com is teaming up with the Lady of America Franchise Corporation, one of the largest influences in women’s fitness in North America…
NSGA: 2008 Sporting Goods Sales Reach $53.4 Billion
In spite of a 16% surge in shooting sports equipment, retail sales of sporting goods (footwear, clothing and equipment), which reached a record $53.5 billion in 2007, fell 1% in 2008 to $53.4 billion, according to the just released National Sporting Goods
Broder Bros. Completes Financial Restructuring
Broder Bros. Co., which distributes Anvil, Fruit of the Loom, Gildan, Hanes, Jerzees, adidas Golf and Champion product, has completed its previously-announced financial restructuring through the settlement of its private exchange offer…
SIA: Snow Sports Sales Dropped 4.4% in 2008-09 Season
According to SIA's recently released Retail Audit, snow sports market sales declined 4.4% in dollars and 2% in units for the 2008/09 season. This season brought in a total of $2.82 billion compared to last season’s $2.95 billion in sales. Current sea
Foot Locker Opens First CCS Store
Foot Locker opened its first CCS store in the first quarter in Santa Monica, CA. A second store will open at Garden State Plaza mall in Paramus, N.J., on June 5. Speaking last week at Foot Locker's annual meeting, Matt Serra, the company's chai
Iconix Awarded Wal-Mart’s Big Bet Award for Op Brand Launch
Iconix Brand Group, Inc. was awarded the Wal-Mart “Big Bet” Award, for the successful launch of the company's Op brand and the re-launch of the company's Starter and Danskin Now brands. The “Big Bet” Award was bestowed upon Iconix for successful
First-Quarter Profits at Target Decline 13%
Target Corp's first-quarter profit declined 12% to $522 million, or 69 cents a share, from $602 million, or 74 cents a share. But results were well ahead of Wall Street's consensus estimate of 60 cents due to limited markdowns and controlled ex
Backcountry.com Launches Two Cycling Websites
Backcountry.com officially launched their two new bike stores:
HuckNRoll.com, dedicated to mountain bikers, and RealCyclist.com, the world's first exclusive road cycling shop online. These new stores join Backcountry.com's other cycling focused
Dynamic Brands Acquires ForeFront Assets
Dynamic Brands, the parent company for Bag Boy, Slotline, AMF Golf, Baby Jogger, and Protect-A-Bub, has acquired the assets of ForeFront Holdings LLC. These assets include golf brands Burton, Datrek, Devant, Sir Christopher Hatton, and Miller Golf. Terms
Zumiez Makes Bid for Active Ride Shop
Zumiez has reached an agreement to acquire Active Ride Shop, which is reorganizing in bankruptcy proceedings. According to court papers filed in the U.S. Bankruptcy Court of the Central District of California, Zumiez will pay as much as $7.2 million in c
VF Corp.’s CEO Talks Up Possible Acquisitions
Eric Wiseman, VF Corp's CEO, said in published reports the company is in “active discussions” on possible acquisitions to expand its outdoor and action sports coalitions. Wiseman said, “There are lots of really interesting discussions about brands th
