SGB Update Sportsmans
Outdoor Foundation 2010 Topline Report Shows Encouraging Growth in Core Activities
In 2009, American participation in outdoor recreation was marked by encouraging growth in important segments of core outdoor activities, according to the Outdoor Recreation Participation Top Line Report for 2010, released by Outdoor Foundation…
Cabela’s Announces Results of 2010 Annual Meeting of Shareholders
Cabela's Inc. announced that shareholders re-elected all nine of the nominees to its Board of Directors, each for a one-year term, at the company's annual meeting of shareholders…
Adidas’ to Dedicate Massive DC in Spartanburg
Adidas is scheduled to hold the grand opening ceremony for a new 1.9 million-square-foot distribution center in Spartanburg, S.C. today at 11 am. Adidas could disclose that it plans to hire another 130 employees at the facility, which already employs 1,50
USACK Taps Joe Jacobi as New CEO
The USA Canoe/Kayak Board of Directors has appointed Joe Jacobi to serve as Chief Executive Officer of USA Canoe/Kayak, the National and Olympic governing body for competitive paddlesports in the United States…
Asics Seeks Injunction and Damages From Skechers USA
Asics America Corporation and ASICS Corporation Japan announced that they have filed a lawsuit in the U.S. District Court, Central District of California against Skechers USA, Inc. for trademark infringement, unfair competition, trademark dilution and fal
Citi Trends’ Comps Climb 9.6%
Citi Trends, Inc. reported total sales in the first quarter ended May 1, 2010 increased 26.8% to $181.4 million compared with $143.1 million in the first quarter ended May 2, 2009…
Gildan Boosts Guidance on Record Q2 Sales
For the second consecutive year Gildan Activewear Inc. has released record financial results for the company’s fiscal second quarter ended April 4 and upped its sales guidance in response to the positive changes in market conditions…
Head NV Gets Q1 Boost from Racquet Sales Gain; Economy Hurts Diving Biz…
Head N.V. finished its first quarter with sales and earnings improvements in two of the company’s three main segments…
TAF Parent to Liquidate in Asset Sale
NexCen Brands Inc. said it agreed to sell its franchise businesses, which includes The Athlete's Foot and Shoebox New York, to an affiliate of private-equity firm Levine Leichtman Capital Partners for $112.5 million…
WTO Agrees to Probe EU Duties on Chinese Footwear
World Trade Organization judges agreed to investigate whether European Union anti-dumping tariffs on Chinese shoes unfairly harm China's exporters…
Saks Swings to a First-Quarter Profit
Saks Inc. reported net income of $18.8 million, or 11 cents per share, during the first quarter ended May 1, compared to a loss of $5.1 million, or 4 cents a share, a year earlier…
Western Mountain Resorts Grew Occupancy with Lower Rates this Winter
Year-over-year occupancy was up 1.4% and the average nightly rate down 5.8% for the 2009-10 snowsports season at more than a dozen western mountain resort destinations, according to the Mountain Travel Research Program (MTRiP)*…
REI to Offer Wilderness Medicine Course at Stores in June
REI (Recreational Equipment, Inc.) has teamed with NOLS and the Wilderness Medicine Institute to offer wilderness first aid courses at its stores next month…
Outdoor MandA Market Heats Up Again
With the improving economy, the floodgates appear to have opened for mergers & acquisition deals. So far, Black Diamond, Gregory, Lendal, Cloudveil and Isis have all found new owners since the start of the year after Yakima was acquired at the close of 20
Fox Factory OEM Sales up 63% in First Quarter
Fox Factory Inc., also known as Fox Racing Shox, swung from a loss in the year-ago quarter to nearly $3 million in profits in the first quarter this year on strong growth in sales as OEM sales to the mountain biking and motorsports industries rebounded…