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Outdoor Business UPDATE

Outdoor Business UPDATE is the only continuously updated source for news for the Bicycle, Outdoor, and SnowSports markets.  This archive area is updated by our editorial team throughout the day as news breaks in the industry.  The Outdoor Business UPDATE newsletter is delivered four times a week via e-mail in either TEXT or HTML format.

Click any of the archive tabs above for more news by category of interest.

All BASIC subscribers can access posted articles free for seven days from publish date.  Once archived, articles can only be accessed with a PREMIUM or EXECUTIVE subscription.

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The Latest News...

Humana Brings Bike Sharing Program to Twin Cities
Humana Inc. has partnered with Bikes Belong and the mayors of Minneapolis/St. Paul to bring its Freewheelin bike sharing program to the Twin Cities. The program will kick off at the Republican National Convention where 1,000 bikes will be made available free of charge. Seventy of those bikes and checkout kiosks will remain after the convention...(5/12/2008)

K2 Sports Reorganizes Sales Management Structure
K2 Sports made a handful of promotions as part of a reorganization of its sales structure. In all, K2 Sports promoted John O’Connor to U.S. sales director; Ben Wallace to national sales manager for K2 Skis; Kevin Lewis to national sales manager for Line Skis; and Armand LaPorte to international sales manager...(5/12/2008)

ACR Hires Marketing Firm to Penetrate Outdoor Market
Planet Propaganda has been contracted to provide marketing communications services for ACR Electronics, Inc. Based in Ft. Lauderdale, Fla., ACR has been a global leader in safety and survival equipment for more than 50 years...(5/12/2008)

Eddie Bauer Squeaks Out Mild Comp Gain
Eddie Bauer Holdings, Inc. squeaked out an 0.5% increase in same store sales on a 3.9% growth at its retail stores and a 3.1% decline at its outlet stores. The company said its first quarter loss was reduced to $19.3 million from $44.8 million a year ago...(5/8/2008)

Jarden Sees Double-Digit Growth on K2 Acquisition
Jarden Corporation reported a 48.3% jump in first quarter net sales to $1.22 billion compared to $820.9 million for the same period in the previous year. Net sales were buoyed by the acquisitions of Pure Fishing and K2 Inc. On an organic basis, net sales in the Outdoor Solutions business grew 3.6% for the quarter. Net income for the quarter grew to $4.7 million, or 6 cents per diluted share, from $1.4 million, or 2 cents per diluted share, in the first quarter of 2007...(5/8/2008)

Snowsport Sales up 10.4% in 2007-08 Season
The snow sports products market grew by $280 million to reach $2.97 billion for the 2007.08 season, up 10.4% from approximately $2.69 billion in all channels last season, according to the latest SIA survey. Equipment sales were relatively flat in specialty shops and chain stores, but increased by more than $40 million in online sales. Apparel sales increased by more than $100 million with snowboard tops and parkas selling very well in all channels...(5/8/2008)

Backcountry.com Still Thriving at Liberty Media
The acquisitions of Backcountry.com and Bodybuilder.com helped propel revenue and operating cash flow growth of 113% and 144%, respectively at Liberty Interactive Group's e-commerce group for the quarter ended March 31, 2008, Liberty Media Corporation reported...(5/8/2008)

PacSun Sales and Comps Climbed in April
PacSun said same store sales increased 4% in the fiscal month of April on a 5% increase in sales at its PacSun division. The company said total sales for its first quarter dipped slightly on a 1% decline in same-store sales. It said it expected to earn 17 to 18 cents per diluted share in the quarter, after taking a 7 cent charge for closing down a distribution center...(5/8/2008)



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