SGB Update Sportsmans
Smith and Wesson, Bushmaster Close Facilities
Two major firearms company's have recently announced they will close facilities, displacing hundreds of employees from their jobs…
Sportsman’s Warehouse Reentering Memphis Market
Sportsman's Warehouse Inc. is returning to Memphis, TN, where it closed a store in 2009 as part of a massive restructuring during a Chapter 11 bankruptcy…
Former Nike Exec Pleads Guilty to Tax Evasion
A former executive at Nike plead guilty to evading currency importation reporting laws and filing a false federal income tax return, following an investigation by the U.S. Immigration and Customs Enforcement (ICE) Office of Homeland Security Investigation
G-III Reports Robust Q3 Earnings and Sales Growth
G-III Apparel Group, Ltd., a major producer of apparel under license with professional and collegiate sports teams, reported net income rose 32.2% on a net sales increase of 23.8% in the third quarter ended Oct. 31.
Exchange Rates, Lower Retail Prices Drag Down Cherokee’s Q3 Revenues
Cherokee Inc. reported total royalty revenues declined for the third quarter ended Oct. 30 due to a rising dollar and retailers lowering prices of its products. Revenues reached $7.7 million, down from $8.0 million in the comparable period last year…
Fortune Brands to Sell/Spin Off Acushnet Golf Business
Fortune Brands Inc., facing pressures from an activist shareholder, announced plans to either sell or spin off its Acushnet Company golf unit, which includes Titleist and FootJoy. The company will also spin off its home and security unit to shareholders i
Deckers Outdoor Sues Emu for Infringing on UGG Trademark
Deckers Outdoor Corp sued Emu Australia, Inc. and Emu (Aus) Pty Ltd. Tuesday for patent infringement. In a lawsuit filed in U.S. District Court in the Central District of California, Deckers Outdoor is seeking a court order to stop Emu from using the UGG
Silver Steep Partners Sold to D.A. Davidson
D.A. Davidson & Co. announced that it has acquired Silver Steep Partners LLC, the investment banking firm specializing in the outdoor and active lifestyle industry. The terms were not disclosed. Silver Steep Partners, based in Seattle is led by Nathan Pun
SCARPA Selected as G.O.A. Vendor Partner
SCARPA has been accepted as a vendor partner by Grassroots Outdoor Alliance for for Fall 2011…
FFANY Market Tidbits
While many of the participants at the FFANY show held last week in New York City focus on the dressier market, a few reach into the athletic retail channels…
Icebreaker Brings Merino Wool Message to NYC
Icebreaker last week opened its first flagship store in the U.S. in New York City The 2,500-square-foot store, located at 102 Wooster Street, between Spring and Prince Streets, sits directly across the street from Patagonia’s SoHo location…
Academy Sports Launches 9th Annual Holiday Bike Donation
Academy Sports + Outdoors kicked off its 9th annual youth bike donation program. In total, Academy Sports will donate over $165,000 in brand new boys' and girls' bikes and helmets…
Johnson Outdoors Motors to Sales and Profit Gains in FY10
Johnson Outdoors Inc. Chairwoman and CEO Helen Johnson-Leipold said agressive action enabled the company to grow sales, profits and market share in fiscal 2010. Sales rose sales 7% on double-digit growth in its marine electronics and Eureka businesses, bu
United Sporting Companies Adds Clark as Human Resources VP
United Sporting Companies said Rose Clark has joined the team as Vice President of Human Resources. For the bulk of her career, Clark was the Head of Human Resources for Republic National Distributing Company, a multi-billion dollar beverage distributor..
Weatherby Adds Marketing Coordinator
Weatherby, Inc. has tapped Daniel Weatherby as the marketing coordinator. In his new position, Weatherby plays a key role in various communication initiatives including the annual catalog, website and Weatherby Nation online community, as well as advertis
