Adams Golf Settles Stockholder Class Action Litigation
Adams Golf has agreed to settle and resolve a stockholder class action lawsuit initially filed in June 1999, certain of its current and former officers and directors, and the three underwriters in Adams Golf's July 1998 initial public offering. Adams
Dorel’s Rec. and Leisure Division Sees Declining Sales and Earnings
Dorel Industries Inc. Recreation & Leisure Division reported that sales declined 6.1% to $518.5 million compared to $552.2 million last year. Excluding the impact of the new business acquisitions and foreign exchange variations on the segment's non-U
Garmin’s Q3 Sales Slide Despite Record Sales from OD/Fitness
Garmin Ltd. reported revenues slumped 10.2% in the third quarter of 2009, reflecting significant weakness from the company’s Auto/Mobile and Aviation segment that more than offset growth from the Outdoor/Fitness and Marine segments. Revenues for the
Amazon Closes Zappos Acquisition
Amazon.com, Inc. completed its acquisition of Zappos.com. Thanks to an increase in Amazon's stock price, Amazon will pay $1.2 billion, or $117.40 a share, for the business, up from $928 million when the deal was first announced on July 22. As expect
Genesco Acquires Sports Fan-Attic
Genesco Inc. announced that its Hat World subsidiary acquired Sports Fan-Attic, a Tampa, Fla.-based retailer of licensed sports headwear, apparel, accessories, and novelties. Sports Fan-Attic operates 37 stores largely in regional malls in seven states.
SportScanInfo: Early Winter Weather Helps Push Outdoor Sales Increase in October
An early start to winter this year spurred sales of cold weather footwear and apparel at the sporting goods industry retailers and chain stores that report sales to SportScanInfo. With snow falling in the Rockies and abnormally cold weather hitting the No
Kirk Richardson Named Interim President of Mountain Hardwear as Wallenfels Departs to Timbuk2
Mountain Hardwear named Kirk Richardson to serve as interim president while the company conducts a search for a permanent replacement for co-founder and president Mike Wallenfels, who has resigned to become CEO of Timbuk2 Designs…
OIA: September Outdoor Sales Down in Spite of Holiday Shift
According to the most recent OIA Topline Report, sales for chain, internet, and specialty outdoor stores declined 4% compared to last September, moving from $350 muillion to $336 million. This decline occurred in spite of a holiday shift, moving Labor Day
Mountain Equipment Co-op Introduces MEC Bikes
Mountain Equipment Co-op (MEC) unveiled its inaugural line of bicycles, online at www.mec.ca/bikes. The collection includes eleven styles in four categories – mountain, road, specialty and urban. Three are available in frames that are specifically designe
ATK Receives $93 Million in Orders for Additional Small-Caliber Ammunition
Alliant Techsystems said it has received an additional $93 million in orders for small caliber ammunition from the U.S. Army Sustainment Command in Rock Island, Ill…
Backwoods Life On Pursuit Channel Signs Sponsorship Agreement With Backwater Outdoors
Backwoods Life Television has signed an official sponsorship agreement with full service hunting and archery pro shop Backwater Outdoors…
Paralyzed Veterans of America-Outdoor Recreation Heritage Fund Launches “100,000 Patriots
Paralyzed Veterans of America-Outdoor Recreation Heritage Fund (PVA-ORHF) recently announced the launch of “100,000 Patriots”–their newest program to help injured veterans step outside again and enjoy hunting, shooting, and fishing…
Ruger Named “Manufacturer Of The Year” by NASGW
Sturm, Ruger & Company, Inc. has been presented with the Firearms Manufacturer of the Year award by the National Association of Sporting Goods Wholesalers for the third consecutive year…
Batters Up Schedules Annual Meeting
Batters Up USA will hold its annual meeting in conjunction with the American Baseball Coaches Association convention on Jan, 7-10 in Dallas at the Hilton Anatole Hotel…
Mattingly Sports Launches Pitching Machine
Mattingly Sports, the baseball and softball equipment company, announced the launch of its new Mattingly “Hit Man” Pitching Machine…
