REI to Build Flagship Store in Washington D.C.
REI (Recreational Equipment, Inc.), will open a 51,000-square-foot flagship store in the NoMa neighborhood of Washington D.C. in late 2016. The store will mark REI's fifth location in the metro area, where the retailing cooperative already service more than 281,000 REI members...(1/28/2015)
SIA's Ingemie to Depart in 2016
The SnowSports Industries America (SIA) Board of Directors announced that David Ingemie, SIA’s president for the past 34 years, would be stepping down as president following the 2016 SIA Snow Show...(1/28/2015)
Vista Outdoors Fiscal Q3 Sales Off 3 Percent
Vista Outdoor Inc., which will be spun off next month in an initial public offering, generated sales of $507 million for the third quarter ended Dec. 28, 2014, down 3 percent from the prior-year quarter. The decline was attributed to decreased volume in the Shooting Sports segment, partially offset by an increase in the Outdoor Products segment, which owns the Bollé and Cébé brands as well as several shooting accessories brands...(1/28/2015)
ATK Shareholders Clear the Way for Vista Outdoor Spin-Off
Alliant Techsystems Inc. stockholders approved Tuesday the company's proposed merger with Orbital Sciences Corp., clearing the way for the spin-off next week of its firearms and Bushnell businesses as a publicly traded company called Vista Outdoor...(1/28/2015)
Outdoor Tech Engages Investment Bank
Closely-held Outdoor Tech has engaged Wunderlich Securities of Newport Beach, CA for financial and strategic advisory services to help support the company’s growth...(1/28/2015)
Reebok Launches Be More Human Campaign
In its biggest marketing campaign in over a decade, Reebok announced plans to launch a new “Be More Human” fully-integrated marketing campaign, continuing the global fitness brand’s mission to change how people perceive and experience fitness. Described "as rally cry to live up to your full potential," the campaign kicks off during NBC's Super Bowl Pre- and Post-Game shows...(1/28/2015)
Running Specialty Group Acquires Raleigh Running Outfitters
The Running Specialty Group (RSG) announced the addition of Raleigh Running Outfitters to its national community of specialty shops. Combined with Capital RunWalk, this enriches RSG’s customer experience for the greater Triangle running community...
Hanesbrands Declares 4-for-1 Stock Split
HanesBrands' board of directors raised the North Carolina apparel company's quarterly cash dividend by 33 percent and approved a 4-for-1 stock split...(1/28/2015)