Under Armour to Sponsor Grand Prix
Under Armour Inc. has inked a deal to sponsor the inaugural Baltimore Grand Prix event…
CamelBak Acquired by Owners of Fox Racing Shox
Compass Diversified Holdings, which owns Fox Racing Shox, acquired an 89.9 percent stake in CamelBak Products, LLC for $257.5 million. The deal estimated CamelBak's total enterprise value of $245.0 million, or about two times 2010 sales. Camelbak CEO
Brown Shoe Slashes FY Guidance After Weak Q2
Brown Shoe Company, Inc., the parent of Famous Footwear, reported a loss of $4.6 million, or 11 cents a share, in the second quarter, against earnings of $5.3 million, or 12 cents per share, in the second quarter of 2010. Weakness in the toning category
Apparel Nearsourcing Directory Launched at MAGIC
The Office of the U.S. Trade Representative launched a new online directory at the MAGIC textile trade show that will help to enhance textiles trade and attract job-supporting investments to the United States and six trading partners who are parties to th
Confluence Moving to New Digs in Upstate South Carolina
Confluence Watersports will relocate this fall to a new 300,000-square-foot facility in Greenville, S.C. within 10 miles of the company's current operations in Easley, SC. The move enables significant cost savings and efficiency gains and will put em
YourOutdoorSupply.com Goes Live
WMN Enterprises LLC of Washington launched of new e-commerce Web site YourOutdoorSupply.com. The site offers camping and hiking accessories as well as safety accessories such as rescue sticks, food kits, trauma kits, knives, medical marine kits, and refe
Old Navy Recalls Misspelled College T-Shirts
Old Navy is reprinting thousands of college T-shirts to correct an embarrassing error. The shirts debuted this month, featuring the names and mascots of dozens of schools. Printed at the top of each shirt are the words “Lets Go!!”…
Shoe Carnival’s Q2 Profits Sink 34 Percent
Shoe Carnival, Inc. reported second-quarter results that came in short of expectations due to weather that hurt traffic and the slower trend in the toning category. Earnings slumped 34.1 percent to $2.7 million, or 20 cents per share, from $4.1 million, o
Canadian Tire Completes Acquisition of Forzani
Canadian Tire Corporation, Limited said it completed its acquisition of The Forzani Group Ltd. Its subsidiary FGL Acquisition Co Limited successfully acquired the 905,853 remaining Class “A” shares of The Forzani Group Ltd. not already owned…
Finish Line Board Elects Director Torrence Boone
The Finish Line, Inc., announced that Torrence Boone has been elected as a new director. Boone is managing director of agency business development for Google, where he is responsible for driving Google's strategy and relationships with marketing…
Timberland to Open First Minnesota Store
Timberland has signed a multi-year lease at Calhoun Square in Minneapolis's Uptown neighborhood. The company will occupy a 2,000-square-foot space, according to mall officials. The store plans to open Nov. 1…
Conservation Alliance Comes to Boulder Friday
The Conservation Alliance will hold their next Backyard Collective Friday, Aug. 26, in Boulder, CO, where volunteers will work on projects at Eldorado Canyon State Park. Osprey Packs, American Recreation Products, Inc., Backpackers Pantry, Outdoor Industr
Collective Brands to Close 475 Stores
Collective Brands, Inc. said that as part of its efforts to optimize the performance of its Payless and Stride Rite store fleet, it would close approximately 475 under-performing and low-volume, non-strategic stores in the next three years with more than
Rock/Creek Plans to Open Expanded Paddle Shop Oct. 1
Rock/Creek said it expects to open a new, improved retail paddling store, outlet and distribution center in Chattanooga, TN Oct. 1 just in time for the Rock/Creek StumpJump 50k and Chattanooga RiverRocks festival. The expanded location will make Rock/Cre
Shoe-Powered Battery May Charge Mobile Phones
Tom Krupenkin and Ashley Taylor at the University of Wisconsin at Madison's mechanical engineering program have invented a shoe insert that generates electrical energy from people's footsteps. According to the journal Nature Communications, the
