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Dick's Sporting Goods, Inc. reported a modest gain in first-quarter earnings, in line with expectations. Adjusted for the shifted calendar due to the 53rd week in 2012, consolidated same store sales decreased 3.8 percent, compared to its guidance of an approximate 1 to 2 percent decrease. Shifted same store sales in the first quarter of 2013 for Dick's Sporting Goods decreased 3.2 percent and Golf Galaxy sales decreased 11.8 percent...(5/21/2013)
GrindMedia acquired TransWorld’s action sports brands from Bonnier Corporation in a deal it said positions it as the clear leader in connecting advertisers and consumers who share the passion and excitement for action sports. The combined business reaches an average monthly audience of more than 30 million outdoor enthusiasts...(5/21/2013)
L.L.Bean told its employees Monday that long-time Chairman Leon A. Gorman is retiring and passing the torch to another descendant of company founder Leon Leonwood Gorman. Leon A. Gorman, who is the grandson of Leon Leonwood Bean, will be succeeeded by Shawn Gorman, 47, the founder’s great-grandson...(5/21/2013)
E.Land World Ltd and K•Swiss Inc., owner of the K•Swiss and Palladium brands, announced the strategic acquisition of Malibu, CA-based contemporary comfort footwear brand OTZ Shoes Inc. Under the agreement, OTZ Shoes will operate as an independent subsidiary of K•Swiss Inc., with key executives remaining in place. The acquisition marks the first addition to the K•Swiss Inc. company portfolio...(5/20/2013)
LaCrosse Footwear Inc., the parent of Danner and LaCrosse, appointed Robert Sasaki as its new president. Sasaki previously served as a finance director at Nike Inc., where he focused on Asia. Sasaki’s addition to the team is part of a larger investment in USA manufacturing, brand and retail operations, led by new parent company ABC-Mart, INC....
(5/20/2013)
EORA (Eastern Outdoor Reps Association) confirmed details of its three June shows, which are designed to accommodate reps and retailers with early buy deadlines...(5/20/2013)
EORA (Eastern Outdoor Reps Association) is excited to announce they will be hosting an inaugural show in Florida to help its members service Florida retailers that not only specialize in the outdoor market but also the lifestyle and resort markets. More than 66 brands will be exhibited at the inaugural show in Punta Gorda...(5/20/2013)
Retailers are feeling pressure from a heightened regulatory climate. A new BDO USA, LLP analysis of the risk factors listed in the most recent 10-K filings of the largest 100 public U.S. retailers found that federal, state and local regulations have increased as a risk among the nation’s largest retailers...(5/20/2013)
Specialized Bicycle Components said a bicycle-specific wind tunnel it has installed in Morgan Hill, CA will enable it to analyze the aerodynamics across its product line for the first time...(5/20/2013)
The North Face has expanded its Explore Your Parks outreach campaign to 13 more U.S. markets, including state parks in 12 states and the Chicago Park District - marking the first time the program partnered with a city park district...(5/20/2013)
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