Amer to Keep Mavic Cycling Business
Finnish sports equipment maker Amer said in a statement that it had decided to keep France-based bicycle component unit Mavic. Amer had announced in September it was mulling “strategic alternatives” with respect to Mavic…
Affordable Footwear Act Reintroduced in House
Reps. Joseph Crowley (D., N.Y.) and Kevin Brady (R., Texas) reintroduced legislation in the House of Representatives that would eliminate duties on certain types of lower-priced and children’s footwear…
Ebike Outlet Opens in California Today
Alliance Telemedia, Inc. (ATI), a California corporation based in Glendora, CA, will open an all electric bicycle shop in the neighboring city of San Dimas, CA on Dec. 17, 2009. ATI's eBike brand iRoll will use the eBike Direct store outlet and onlin
Benchmade Knife Named Top Oregon Company
Benchmade Knife Company was recognized as one of Oregon's most admired manufacturing companies by the Portland Business Journal at a luncheon Dec. 10 in downtown Portland, OR…
Moosejaw Raises Additional Equity
Moosejaw has landed an undisclosed amount of equity capital from Glencoe Capital's Michigan Opportunities Fund. Glencoe is the second firm to invest in Moosejaw following Parallel Investment Partners in February of 2007. Moosejaw will use the money t
Nike’s Q2 Profit Slips 4%; Futures Orders Up 4%
Nike, Inc. reported second quarter revenues decreased 4% for the fiscal 2010 second quarter ended Nov. 30, down from $4.6 billion last year to $4.4 billion in the current year; changes in currency exchange rates had a minimal impact on reported revenue re
Quiksilver’s Q4 Revenues Slide 11%
Quiksilver, Inc. said revenues slid 11% in the fourth quarter ended Oct. 31, to $538.7 million from $606.9 million a year ago. Fourth quarter pro-forma income from continuing operations was $3.2 million or 2 cents per share, and excludes $22.3 million in
Senate Has Until Dec. 31 to Extend Trade Preference Programs
Extension of the Generalized System of Preferences (GSP) and the Andean Trade Preferences Act (ATPA) programs is now up to the U.S. Senate after the U.S. House of Representatives approval Monday of H.R. 4284. The House legislation extends both programs fo
European Optical Titan to Acquire FGX International
FGX International Holdings Limited, which makes Foster Grant, Gargoyles, Ironman, Champion and Body Glove sunglasses, has agreed to be acquired by France's Essilor International for $565 million including debt. If approved, FGX would remain independe
Supreme Court Refuses to Hear Case Against Gun Maker
The U.S. Supreme Court on Monday handed Beretta U.S.A. and the firearms industry another victory by rejecting the Brady Center's appeal of Adames v. Beretta U.S.A. Corporation challenging the constitutionality of the Protection of Lawful Commerce in
Greg Norman to Endorse Cybex Golf Fitness
Cybex International, Inc. said Greg Norman will endorse its products as an official ambassador for the Cybex Golf Fitness platform…
George Cooper Resigns as TRCP President/CEO
The Theodore Roosevelt Conservation Partnership's George Cooper said he has decided to step down as president and CEO of the sportsmen-conservation group. The TRCP board of directors has appointed Director of Finance and CFO Diane Craney interim CEO
NWTF Funds $73,000 In Hunting Heritage, Education Projects in November
The National Wild Turkey Federation distributed nearly $73,000 in November of 2009 to states and programs through the NWTF Hunting Heritage Super Fund, according to a release by the organization…
NSSF Calls for Action in Passing Pro Ammunition Bill
The National Shooting Sports Foundation has notified members that, as demand for ammunition continues to outpace supply, “it is critically important that an amendment authored by Rep. Sam Graves (R-Mo.) to a seemingly obscure hazardous material bill
NRF Survey Indicates Lots Of Shopping Left to Do
The average person had completed 46.7% of their holiday shopping by the second week of December, compared to 47.1% completed by this time last year, according to an NRF survey. This is the lowest percentage since 2004. Sixty-five percent of those surveyed
