Russell Athletic to Close Alex City Plant
Russell Athletic plans to close a woven plant in Alexander City, GA, on July 1. About 250 jobs are affected. Rick Medlin, executive vice president of manufacturing, said the closing is related to the general economic downturn…
BRP Secures Retail Financing
Bombardier Recreational Products (BRP) has secured retail financing options with three financial institutions: U.S. Bank, Sheffield Financial in the United States and TD Canada Trust in Canada…
Nautilus Goes After Counterfeiters
Nautilus, Inc. has filed suit against importer/distributor, SC Excel Technology, Inc. (dba Duro Fitness) of Montreal, Canada and obtained an Anton Piller order to enter its premises and seize counterfeit goods and relevant records. An Anton Piller order i
Safari Club Int’l to Represent Hunters at Wildlife Trade Convention
Safari Club International Foundation (SCIF) will represent hunters at this week's 24th meeting of the Animals Committee for the Convention on International Trade of Endangered Species (CITES) to ensure that decisions on trade for species of interest
NSGA: Walking Continues to Grow
Exercise walking remained the No. 1 `activity in 2008 with another burst of new participants taking on the sport. Big gains were also seen in exercising with equipment, bicycle riding, and running/jogging, according to NSGA’s annual “Sports Participation
Darn Tough Vermont Socks Awarded $8.5 Million Army Contract
Darn Tough Vermont said its military issue flame resistant Merino wool boot sock will be included in the recently awarded Fire Resistant Environmental Ensemble known as the FREE Clothing System. This is a multilayered, versatile, insulating system that is
Orange 21 2008 Loss Nearly Doubles
Orange 21 Inc., which owns Spy Optic, reported sales rose 2% to $47.3 million in 2008 from $46.5 million for 2007. The action sports company incurred a net loss of $15.2 million for the year ended Dec. 31 compared to a net loss of $8.0 million for the yea
Rocky Signs On For Field and Stream Competition
Rocky has signed on as the official boot sponsor of Field & Stream magazine's 2009 Total Outdoorsman Challenge. The world's largest outdoor magazine is hosting its sixth annual outdoor competition across the nation throughout the summer. Open to
Gwen Manto Exits Dick’s SG
Gwen Manto left her role as EVP and chief merchandising officer of Dick's Sporting Goods, Inc., effective April 13. According to a filing with the SEC, DKS does not expect to replace her in this position but will instead realign its merchandising org
Team Business QandA: NSGA’s Matt Carlson
In April 2008, Matt Carlson took over as president and CEO of the National Sporting Goods Association. The former city administrator of Delafield, WI succeeded long-time NSGA Chief Executive Jim Faltinek. Team Dealer reviews with Carlson the highlights of
Census Bureau: Gas, Auto Sales Declines Sank Retailers in March
The U.S. Census Bureau reported Tuesday that advance estimates of U.S. retail and food services sales for March, which were adjusted for seasonal variation and holiday and trading-day differences but not for price changes, were $344.4 billion, a decrease
Former Dick’s Sporting Goods RE Exec Fined
The former senior vice president of real estate at Dick's Sporting Goods Inc., Joseph Queri, Jr. on Monday was fined for insider trading stemming from the sporting good chain's acquisition of Galyan's Trading Company, Inc. in 2004…
Vail Resorts: Season to Date Skier Visits, Lift Tickets Down
Vail Resorts, Inc. said season to date total skier visits through April 12, 2009 for the company's five mountain resorts were down 6.2% compared to the prior year season to date period ending April 13, 2008. Season to date total lift ticket revenue t
Sales Reps See New Challenges in Today’s Market
Sales reps have traditionally been vital in bringing new brands and ideas to the outdoor marketplace, but their role in recent years has changed as a result of consolidation and advancements in technology. Reps are now increasingly asked to help manage in
Broder Bros. Warns of Bankruptcy
Broder Bros. Co. warned that it will have to file for Chapter 11 bankruptcy unless it can exchange $225 million in existing debt for new debt and stock by mid-May. For each $1,000 in old notes paying 11.25 percent and due Oct. 15, 2010, the company said,
