Colorado Ski and Sports to Open in former Comp USA Store
Colorado Ski & Sports will open its newest Denver area shop Monday, Nov. 21 in a 28,000-square-foot space vacated by Comp USA nearly three years ago. The large format will allow the store to offer camping gear on top of its snow sports and golf offerings
Foot Locker’s Q3 Profits Jump 27 Percent on 7 Percent Comp Gain
Foot Locker Inc. reported earnings jumped 26.9 percent to $66 million, or 43 cents per share, compared with $52 million, or 33 cents, last year. Sales increased 8.9 percent, to $1.39 billion from $1.28 billion a year ago. Comparable-store sales increased
Vail Resorts Commences Exchange Offer
Vail Resorts, Inc. has commenced its offer to exchange up to $390.0 million principal amount of newly issued 6.50 percent senior subordinated notes due 2019, registered under the Securities Act of 1933, for a like principal amount of its outstanding, priv
Resort Seeks Congressional Bill to Authorize Wastach Gondola Project
Talisker Mountain Inc. launched its campaign to build an eight-passenger gondola capable of transporting 1,000 people per hour between the Wasatch Front and Wasatch Back mountains. SkiLink would transport skiers in just 11 minutes between the company'
Russell Athletic Announces $50,000 Uniform and Equipment Grant
Russell Athletic launched the “Fight Like Dylan Award,” a $50,000 uniform and equipment grant, honoring the late Dylan Rebeor of Columbia, TN, who lost his battle with colon cancer at the age of 16 on Dec. 3, 2010…
Perry Ellis 3Q Profit Falls
Perry Ellis International reported third quarter revenue increased 23 percent, to $248.4 million from $201.3 million. Net income slid to $6.5 million, or 42 cents a share, down from $7.3 million, or 54 cents a share, a year ago…
Cybex Gets Reprieve on Nasdaq Stock Listing
Cybex International Inc., the fitness equipment provider, said that on Nov. 15 it received a letter from Nasdaq notifying the company that the Nasdaq Hearings Panel granted the company's request for continued listing on Nasdaq. The approval was subj
Dreams Inc.’s Q3 Sales Rise 23 Percent
Dreams, Inc., the parent of FansEdge, reported total revenues in the third quarter increased 23 percent to $24.4 million from $19.8 million in the third quarter of 2010. This was primarily attributable to a 39 percent increase in e-commerce revenues to $1
Remington Arms’ Parent’s Q3 Revenues Slide
Freedom Group, the parent of Remington Arms, Barnes Bullets and Mountain Khakis, earned $1.7 million in the third quarter ended Sept. 30, against a loss of $600,000 a year ago. Revenues were down 4.6 percent to $198.0 million from $207.6 million. Firearms
NBDA: Internet Sales Tax Should Not Exempt Small Businesses
The National Bike Dealers Association urged its members to lobby on behalf of federal Internet sales tax legislation, but diverged from other retail trade groups is saying such legislation should not exempt small businesses…
Brown Shoe Closing Distribution Center
Brown Shoe Company, Inc., the parent of Famous Footwear, plans to close its Sun Prairie, WI, distribution center in 2012. The closing of the facility will be a phased process, which is expected to begin in January and conclude in April. During this time,
BSN Sports Awards Victory Grant to Liberia YMCA
BSN Sports, formerly Sport Supply Group Inc., announced a Victory Grant award to the Liberia YMCA in West Africa. The BSN Sports Victory Grant Program is providing $1,000,000 of free equipment and uniforms to school athletic programs and recreation leagu
Puma Completes Environmental Profit and Loss Account
Puma estimated the cost of land use, air pollution and waste across its supply chain at €51 million, raising its first ever “environmental profit and loss statement,” or E P&L by €51 million ($68 mm) to €145 million ($196 mm). In May, Pu
2XU Attains Private Equity Backing
2XU, a performance apparel brand based in Melbourne, Australia, said Lazard Australia Corporate Opportunity Fund 2 (Fund 2) has acquired a significant minority interest in 2XU…
Maverik Lacrosse to Outfit Whittier College
The Whittier College men’s lacrosse team is the latest NCAA Division III program to sign a multi-year equipment deal with Maverik Lacrosse…