Cabela’s Inc. Fined for Exports Violations
The Commerce Department's Bureau of Industry and Security said Cabela's Inc. has agreed to pay a civil penalty of $680,000 to settle allegations that it committed 152 violations of the Export Administration Regulations involving the export of co
Trek Signs on as Title Sponsor of Triathlon Series
Trek Bicycle will be the title sponsor of a new triathlon series expected to draw 25,000 women participants in its first year. The new Trek Women's Triathlon Series is built around the sprint distance format (a 1/2-mile swim, 12-mile bike, and 3-mile
Diamonds in the Rough: Niche Brands Still Thriving
At a time when retailers have backed off pre-season orders and are inclined to stay with tried and true product, it’s hard to imagine how lesser known brands continue to grow. Yet in a reminder that the economic downturn is not affecting everyone equally
2009 Tour de Georgia Canceled
Organizers have canceled the Tour de Georgia cycling race for 2009 after failing to secure sponsorship dollars in the face of a looming state budget deficit and belt tightening by many corpoprate sponsors. The race, which has become one of the country
Asics H1 Sales Climb 14% But Net Drops 9%
Asics reported revenues rose 14.2% in the first half ended Sept. 30 to ¥124.21 billion ($1.17 bn) from ¥108.74 billion ($912.3 mm) but net income slid 9.0% to ¥7.54 billion ($71.1 mm) from ¥8.29 billion ($69.6 mm). Gross margins eroded to 42.9% of sales f
“Stunning” Demand for 2010 Winter Games
Canadians have already shelled out $345 million in the first buying period for tickets to the 2010 Vancouver Winter Olympic Games, reports Toronto's Globe and Mail. The tickets, which have been on sale for only five weeks, have already generated 4.5
Court Ruling Could Mark End for Pro V1’s
In a fitting conclusion to what has amounted to a tumultuous quarter in all facets of the golf industry, a major development has arisen regarding a highly-publicized spat between two of the industry’s giants…
Forzani Announces Senior Management Appointments
Michael R. Lambert, CA has joined The Forzani Group Ltd. as chief financial Officer. Lambert has had extensive experience in senior financial and executive management roles with a number of prominent Canadian organizations including Canadian Pacific Railw
Crocs Posts $148 Million Loss After Restructuring Changes
Crocs, Inc. lost $148 million, or $1.79 per share, in the third quarter ended Sept. 30, 2008 after non-cash charges totaling $104.1 million in restructuring, impairment and inventory write-downs. Revenues dropped 32% to…
Ken Burns to Debut Documentary at OR Winter
Documentary filmmaker Ken Burns will be the keynote speaker at the Outdoor Retailer Winter Marketplace industry breakfast, when he provides a sneak peak at his newest film, THE NATIONAL PARKS: AMERICA’S BEST IDEA. The documentary will air on PBS in Septem
Brunswick Lays Off 115
Brunswick Corp. is moving production of Trophy offshore fishing boats from a Cumberland, MD, facility to Ashland City, TN, and eliminating 115 jobs in the process…
Head NV’s Profits Slide in Third Quarter
Head NV reported net revenues inched up 0.3% in the third quarter, to €93.1 million ($116.8 mm) from €92.8 million ($116.4 mm). Gains in winter sports offset declines in racquet sports and diving. Net profit for the period dropped 70.8% to €1.2 million ($
Rodale Cuts 10% of Workforce
Several media outlets have confirmed that Rodale has announced layoffs of 111 employees-about 10% of their workforce. The Morning Call noted that 73 of the 111 jobs eliminated came from the company's headquarters, with the remaining 38 in New York an
Spyder to Sponsor Jamaican Ski Team
Spyder Active Sports now supports the world’s newest national ski program, the Jamaica Ski Team. Errol Kerr is currently the sole member of the Jamaica Ski Team, but the small roster doesn’t limit Jamaica’s chances of medals at the Vancouver Games in 2010
Quiksilver Closes Rossignol Sale
Quiksilver, Inc. closed the sale of the “Rossignol Group” to Chartreuse & Mont Blanc. The transaction resulted from Quiksilver’s initiative, announced in January 2008, to sell Rossignol in order to reduce its exposure to the winter sports equipment manufa
