REI and Trails.com Enter Co-Branding Agreement
REI (Recreational Equipment, Inc.) entered a three-year partnership with Demand Media to license content on 50,000 outdoor destinations from the company's Trails.com site. The content will appear on REI Guidepost, a new section under the “Learn” tab
ESPN Hires Helios Partners to Grow X Games Outside United States
ESPN, the creator of the X Games franchise, has appointed global sports marketing firm Helios Partners to help expand the X Games commercial program and manage their host city bid process. ESPN plans to hold six X Games events by 2013, including four outs
Outdoor Market Records Improved Sales, Earnings in Q1, but Margins Contract on Input Costs
For outdoor vendors and retailers, those who bolstered inventories with heavier buys in Q4 were rewarded by a healthier selling environment in Q1 as overall revenues for manufacturers improved a robust 15.6 percent during the quarter, representing the sec
DOI Doubles Estimate of Economic Impact of Recreational Visits
The U.S. Department of Interior has nearly doubled the economic value it assigns to recreational visits to the federal lands it manages, according to an economic impact report it released last week…
SRAM Buys Out PE Firm on Way to IPO; First Quarter Net Income Jumps
SRAM, LLC has bought out the private equity firm that invested in the company in 2009, a move that is widely expected to be one of the final steps before SRAM goes public…
Columbia Gets Conviction China Counterfeiters
After years of working with Chinese authorities to enforce its intellectual property rights, Columbia Sportswear reached a milestone last week by not only securing its first conviction of counterfeiters in China, but securing jail terms for them…
Garmin Acquires Navigon
Garmin Ltd. agreed to acquire Navigon AG, a German company that has a seven percent share in portable navigations devices (PND) and top selling navigation apps for the iPhone and Android platforms in Europe…
Crocs Chairman Sharp Retires, Replaced by Smach
Crocs, Inc.'s Chairman of the Board Richard Sharp, retired from his position and from Crocs’ board of directors after six months of taking a leave of absence for personal reasons. Thomas Smach has been appointed chairman of the board, effective
Accell Subsidiary Acquires Vartex
Accell Group N.V. said an agreement has been reached on the acquisition by its subsidiary Batavus of all shares in Vartex AB. Vartex is a trading company in bicycles and bicycle parts based in Varberg, Sweden…
Callaway Golf’s CEO Resigns
Callaway Golf Company has announced the appointment of Anthony S. “Tony” Thornley as interim president and chief executive officer, filling a vacancy created by George Fellows, who resigned for personal reasons. The company also forecast weak second-quart
L.L. Bean Adding Three Stores in Northeast
L.L.Bean plans to open new stores in King of Prussia, PA; Yonkers, NY; and Paramus, NJ. By the end of 2011, the company will operate a total of 17 retail stores outside its home state of Maine…
Cabela’s Set to Open First Alberta Store on August 4
Cabela's Incorporated will open its first store in Alberta with a ribbon cutting at 11 a.m. on Thursday, August 4, 2011. This is the just the second Cabela's store to open in Canada…
Nike Spends $60,000 on Lobbying in Q1
Nike Inc. spent $60,000 in the first quarter to lobby on trade, transportation, counterfeit issues and other business matters, according to a recent disclosure report…
SGMA: PEP Funding in Jeopardy for 2012
SGMA said that currently, many members of Congress want to cut PEP from the Fiscal Year 2012 budget. SGMA stressed in a release that the future of the Carol M. White Physical Education Program (PEP) “has never been in greater jeopardy, yet there has never
O’Neill Opens Flagship Store in Santa Monica
O'Neill Clothing is opening a flagship store near the Santa Monica Promenade. Located just steps from the sand at 2nd Street and Broadway, the new store…
