Forzani Group to Be Acquired by Canadian Tire
In a bid to create “Canada's ultimate authority in sports,” Canadian Tire reached an agreement to acquire Forzani Group Ltd., Canada's largest sporting goods chain, in a friendly-deal valued at CN$771 million (US$800 mm)…
Heelys Posts Flat Q1 Loss
Hurt by sourcing delays and weakness in Japan, Heelys Inc. reported a loss of $1.2 million, or 4 cents a share, in the first quarter, flat to the loss it incurred in Q1 last year…
FansEdge Parent Reports 42 Percent Surge in Q1 Revenues
Dreams, Inc. reported revenues in the first quarter, jumped 42% to $23.5 million. E-commerce revenues rose 52 percent to $16.8 million, largely driven by a 61% increase in the company's owned brands, led by www.FansEdge.com…
The Finish Line to Roll Out Commission Program
Finish Line Inc. plans to roll out nationally a commission program to incentivize sales associates, according to its recently-filed 10K…
Black Diamond Inc. Posts Strong Double-Digit Organic Sales Growth in First Quarter
Black Diamond Inc. net sales rose 18 percent in the first quarter thanks in part to strong performance at Eastern Mountain Sports and REI…
Performance Bicycle to Use Ecko Cards
Performance Bicycle has become the first business in the world to use Ecko Cards, an environmentally sustainable alternative to the petroleum-based card products typically used by merchandisers for gift cards…
HanesBrands CFO to Resign
HanesBrands announced that Chief Financial Officer E. Lee Wyatt will resign effective June 30 and current Controller and Chief Accounting Officer Dale W. Boyles will serve as interim CFO while the company conducts a search to fill the position…
Boulder Losing Two Outdoor Specialty Stores
Two local specialty outdoor retailers in Boulder, CO have announced plans in the last week to close their stores, according to the Boulder Daily Camera newspaper…
EBay-GSI Deal Clears Two Hurdles
GSI Commerce said that the 40-day period in which it could seek third-party offers to eBay's (EBAY) $2.4 billion bid has ended. GSI said it did not receive any alternative proposals before the “go-shop” period ended May 6…
Sports Authority Partners to Promote Skin Cancer Awareness
Sports Authority announced a philanthropic partnership with the Melanoma Research Alliance (MRA) to promote the month of May as Skin Cancer Awareness Month. Beginning May 1, Sports Authority for the first time is accepting MRA donations…
Interbike Returns as Sponsor of Providence, RI Show
Interbike is returning as the presenting sponsor of the Providence Cylo-Cross Festival in Rhode Island and is adding a retailer-only day to the three-day festival. The enhanced expo and trade event will enable brands a way to extend their brand visibility
Washington’s Discover Pass Becomes Law
Washington Governor Chris Gregoire signed legislation Thursday that will keep state park and recreation lands open with revenue from a vehicle access pass known as the Discover Pass. The pass, which goes on sale in mid-June at 600 sporting goods and other
Carl Zeiss Sports Optics to Distribute Hensoldt Line in the United States
Carl Zeiss Sports Optics is taking over distribution of the Hensoldt line of optics in the United States effective May 1, 2011. The Hensoldt line of riflescopes and other state-of-the-art optical instruments for military, law enforcement and civilian appl
74 Members of Congress Call for Reauthorization of Recreational Trails Program
The nation's leading trail organizations expressed appreciation regarding a new letter to key Congressional leaders, who are crafting a new national surface transportation bill that calls for reauthorization of the Recreational Trails Program (RTP)..
TRCP Release Report on Gulf of Mexico Oil Spill
A report released this week by the Theodore Roosevelt Conservation Partnership outlines recommendations for restoration of the Gulf of Mexico’s fisheries, fish and wildlife habitat, and economy following last year’s Deepwater Horizon oil spill
