Season Pass Sales Soar, Bookings Dive at Vail Resorts
Vail Resorts, Inc said last week that its season pass sales were up 29% from the same time last year, but that advance bookings at its mountain resorts were off 23%. The company said that if bookings don’t improve it will have to lower its guidance for th
Amer Sports Cuts 2008 Profit Forecast
Amer Sports said sales during November and December have been below expectations and consequently the company will not reach its EBIT (excluding one-off items) guidance of €80 to €90 million ($108 to $121 million) in 2008. Amer Sports expects its full-yea
Kohl’s Acquires 31 Mervyns Locations
Kohl’s Corporation prevailed in a joint bid with Forever 21, Inc. in an auction of leaseholds held yesterday for Mervyns sites. Together, the retailers acquired 46 locations for approximately $6.25 million. Kohl’s will assume 31 of the locations while For
Keen Begins Outdoors Initiative
Keen Inc., has begun its Kids’ ‘Mighty KEENdom’ initiative, which will seek to engage kids and parents in the outdoors through a variety of programs including charitable giving and education…
Callaway Brings Back Trade-In Program
Callaway Golf has reintroduced its Trade In! Trade Up! program. The program allows consumers to exchange their old, used Callaway Golf or other major brand clubs for a credit toward the purchase of the latest Callaway Golf equipment…
Innsbruck to Host First Youth Olympic Winter Games in 2012
Innsbruck, Austria will host the 1st Winter Youth Olympic Games in 2012. Innsbruck beat Kuopio, Finland in the final by 84 votes to 15. Following the 1st Summer Youth Olympic Games in Singapore in 2010, Innsbruck will be responsible for staging the 1st Wi
Lululemon Q3 Net Up on 4% Comp Gain
Lululemon athletica inc. said that for the thirteen weeks ended Nov. 2, 2008, net revenue increased 34% to $87.0 million from $64.9 million for the third quarter of fiscal 2007. Net revenue from corporate-owned stores was $77.6 million, an increase of 31%
NOAA Issues Fines for Illegal Florida Spearfishing Charters
Natinal Oceanic and Atmospheric Administration (NOAA) has charged two dive business owners in Pensacola, Fla., with illegally operating spearfishing charters without the appropriate permits in federal waters off the Florida panhandle….
Investment Firm Acquires Ski Properties
CNL Lifestyle Properties, Inc., a real estate investment trust focused on lifestyle properties has acquired the privately held assets of three ski and mountain lifestyle properties: Vermont’s Okemo, Colorado’s CrestedButte and New Hampshire’s Mount Sunape
Lululemon Founder To Transfer Shares
Lululemon athletica inc.'s founder and Chairman Dennis J. Wilson has indicated through regulatory filings an intention to transfer or otherwise sell, through his control of LIPO Investments USA, Inc., approximately 330,000 shares of…
Rocky Brands, HAAS Outdoors Enter Licensing Agreement
Rocky Brands, Inc. has entered into a new licensing agreement with HAAS Outdoors Inc. to be the exclusive producer and marketer of Mossy Oak brand hunting and casual footwear in North America. The agreement makes Mossy Oak the eighth brand that Rocky prod
Sorel to Sponsor U.S. Snowboarding Team
Sorel, a cold-weather boot manufacturer and one of Columbia Sportswear Company's portfolio of outdoor brands, announced its official sponsorship of U.S. Snowboarding…
Sorel Sponsors U.S. Snowboarding
Boot maker Sorel has become an official sponsor of the U.S. Snowboarding team as they pursue the Olympic dream in the 2010 Winter Olympics to be held in Whistler, BC. The Columiba Sportswear Co. brand will be participating in…
EOG Conservation Association Hires Manager
Tanya Bascombe will join the staff of the European Outdoor Group (EOG) Association for Conservation early in 2009 as manager…
Gildan’s Sales, Market Share Jump in Q4
Gildan reported net earnings of $21.4 million and diluted EPS of 18 cents for the fourth quarter of fiscal 2008, down 47.7% from earnings of $40.9 million, or 34 cents per share, during the fourth quarter of fiscal 2007. Sales in the fourth quarter of fis