Nike to Pay $1.5MM To Assist Laid off Honduran Workers
Nike, Inc. has pledged to pay $1.54 million to help 1,800 workers in Honduras who lost their jobs when two subcontractors closed their factories. The agreement comes after several universities and a nationwide group, United Students Against Sweatshops, ha
Volcom to Acquire Australian Licensee
Volcom, Inc. signed an agreement to acquire the Volcom licensee in Australia. Terms of the transaction were not disclosed. The company anticipates the acquisition, which is expected to close in the third quarter, to be neutral to earnings in 2010.
Texas Outdoor Branding Firm Closes Bridge Financing Round
NBFog Inc., an Austin, Texas firm specializing in helping companies license brands in the outdoor lifestyle market, said it had completed its first bridge investment round.
Accell Group’s Profit up 9% in First Half
European bicycle giant Accell Group N.V. reported sales rose 3% to €342 million ($455mm) as consumers shifted spending away from new bikes and toward parts and accessories. The Dutch company said an unusually wet May across much of Europe also suppr
Big City Mountaineers Adds Board Members
Big City Mountaineers, a 501(c)(3) nonprofit organization a mission to “enhance the lives of under-resourced urban teens through transformative outdoor experiences,” has added three new members to its board of directors…
SOLE Sponsors Top Female Mountain Biker Rebecca Rusch
SOLE, the manufacturer of premium footbeds, socks and sandals, announces the addition of world champion mountain biker Rebecca Rusch to its athlete team…
Outdoor Industry Piloting Eco Index
The Outdoor Industry Association's Eco Working Group will hold informational sessions during Outdoor Retailer Summer Market in Salt Lake City, UT to introduce brands, designers and suppliers to the Beta Phase 1 version of the outdoor industry's
Adidas Q2 Profit Jumps, Exceeds Estimates
Adidas released preliminary results for the second quarter that it said was “materially above market expectations.” Revenues jumped 11% currency-neutral or 19% in euro terms…
R.G. Barry Names Coons Dearfoams President
R.G. Barry Corporation named Nancy Coons president of its Dearfoams brand…
Sports Inc. Sees Record Attendance at Summer Show
Sports, Inc. said its 2010 Summer Show in Grapevine, Texas saw record attendance. Sports, Inc. was represented by more than 475 store personnel from 190 store locations. By design, 113 vendors attended the show exhibiting over 150 booths…
Columbia Sportswear Reports 24% Surge in Q2 Sales
Columbia Sportswear said stronger reorders and fewer cancellations from U.S. dealers helped it best its guidance in the second quarter. Net sales for the quarter ended June 30, 2010 reached $221.8 million, up 24% from the year earlier quarter. While uppin
Conservation Alliance Organizes ‘Keep It Wild’ Day at OR
The Conservation Alliance has planned the first Keep It Wild Day at the upcoming Outdoor Retailer trade show in Salt Lake City. On Wednesday, August 4, eight Conservation Alliance members will host conservation organizations in their trade show booths…
Deckers Outdoor’s Ups Guidance on Strong Q2
Deckers Outdoor Corporation upped its sales and earnings guidance for the year after reporting second-quarter diluted EPS increased 155.6% to a record 23 cents. The company said its Teva brand continued to win market share in the U.S. wholesale channel, w
Worth Sports Named NBS Vendor of the Year
Worth Sports was named the 2010 Vendor of the Year by Nation's Best Sports (NBS), the sporting goods buying group…
Rab Hires California Reps
Technical outdoor apparel manufacturer Rab added Sierra del Oro Trading Company to its sales roster covering the southwest, effectively splitting the territory into two parts, including northern California and northern Nevada, and southern California, sou
