SGB Update Sportsmans
Outdoor Retailer Summer Market Provides Sunshine in a Gloomy Retail Market
If there's hope that the outdoor industry is somewhat recession resistant, evidence came from last week's Outdoor Retailer Summer Market. Floor traffic was perhaps a bit lighter than usual but the mood was upbeat—even energetic—as product lines
Outdoor Industry Association Announces New Board Members
While the vast majority of the outdoor business world was focused on the Outdoor Retailer Summer Market, 12 new members joined the Outdoor Industry Association Board of Directors this past week. Of the 12, five board members were elected by OIA members a
CIT Group Secures $3 Billion Credit Facility
CIT Group Inc., the provider of financing to small businesses and middle market companies, entered into a $3 billion loan facility provided by a group of the company’s major bondholders. CIT further announced that it intends to commence a comprehensive re
New Paddlesports Show Creates Dust Up at Summer Market
On day two of Outdoor Retailer Summer Market, Jim Marsh, the publisher of Canoe and Kayak magazine, announced his company would be launching an independent outdoor and paddlesports tradeshow to be held in Minneapolis in early September of 2010. This anno
Bobby Grace Back to Making Putters
One year after his exit from MacGregor Golf, putter-designer Bobby Grace is back in the business of making putters with the formation of The Bobby Grace Company…
Dick’s Sporting Goods Expanding in Oregon
The effort by Dick's Sporting Goods to expand its presence in the Northwest is moving rather rapidly, according to a number of published reports and former Joe’s Sports & Outdoors management attending the OR Summer Market. To date, DKS had only been
Foot Locker/Office Depot Partner Around BTS Promotion
Foot Locker and Office Depot launched a national promotion that provides discounts on school supplies from Office Depot and footwear and apparel from Foot Locker. From July 26 through September 5, customers who make a purchase at Foot Locker will receive
Acushnet Golf Profits Fall 36% on Double-Digit Sales Decline
Fortune Brands, Inc., the parent company behind the Cobra, Titleist and Footjoy brands, reported that net sales for the second quarter were $1.74 billion, down 17%, as the stability of the spirits business tempered double-digit sales declines for the comp
A.T. Cross Reports Q2 Sales Fall 13.7%; Native, Costa Del Mar Show Strength
A.T. Cross Company, which owns the Native Eyewear and Costa Del Mar eyewear brands, among others, reported net income for the second quarter of 2009 was $600,000, or 4 cents per basic and diluted share, compared to net income of $1.9 million, or 12 cents
Kellwood Completes Bond Swap Offer
Kellwood Co., the owner of American Recreation Products, said Thursday it has completed a crucial bond exchange that had appeared to unravel earlier this month….
Black Diamond Remodels Salt Lake City Facility
Black Diamond Equipment Ltd., the maker of climbing and skiing equipment, said it completed a substantial 11,000-foot remodel of its Salt Lake City facility, which includes many energy-saving materials, a major ERP software system upgrade and custom hot f
Asics’ Sponsor Ryan Hall to Run NYC Marathon
ASICS athlete Ryan Hall has announced he will run the ING New York City Marathon, November 1. The event will represent its 40th year, and is considered one of only five of the “Major Marathons” in the world…
Performance Bicycle Cuts Jobs
Performance Bicycle cut staff earlier in the week, according to report in the Charlotte Observer. CEO Jim Thompson didn't reveal the amount of positions that were affected…
REI Expands Spring 2010 Lines
Recreational Equipment, Inc. announced its spring 2010 line of exclusive REI-brand gear and apparel, including new and revised product and apparel offerings designed for backcountry, backpacking, active and urban lifestyles…
The North Face Opens Store in Andorra
The North Face announced the opening a new retail partnership store in principality of Andorra…