The federal government substantially lowered its estimate of how much the U.S. economy grew in the fourth quarter to reflect more comprehensive data showing consumer spending grew more slowly than first thought…
Year: 2014
Deckers Outdoor Rides Ugg Turnaround in Q4
While its outlook disappointed Wall Street, Deckers Outdoor Corp. delivered a robust fourth-quarter, with earnings ahead 43.7 percent on higher gross margins and double-digit top-line growth. Among its larger brands, sales grew 18.1 percent at Ugg, 45.2 p
Luxottica Will Also Pay Millions to Settle Italian Tax Dispute
Luxottica Group became the second Italian eyewear company this week to announce it would pay tens of millions of euros to national tax authorities in Italy to resolve a dispute over how it handled transfer pricing and other complex international tax issue
Oakley’s Sagging Sales to US Military Slowed Luxottica’s Q4 Growth
Luxottica reported U.S. sales by its Wholesale Division increased 12.1 percent in the fourth quarter ended Dec. 31, 2013, excluding a drop in Okaley's sales to the U.S. Army. Oakley experienced strong double-digit growth in Europe and emerging market
Liberty Interactive’s E-Commerce Segment Sees Robust Q4 Growth
Liberty Interactive Corporation said revenues in its e-Commerce Businesses segment, which includes Backcountry.com and Bodybuilding.com, increased 8 percent to $487 million for the fourth quarter and 12 percent to $1.7 billion for the year…
Jarden Lifts Limits on Stock Repurchases to $500 Million
Jarden Corporation's Board of Directors authorized Thurday an increase in its stock repurchase program to an aggregate of up to $500 million of its common stock, including unused capacity under the company's existing stock repurchase program…
SCARPA North America Honors KnS Reps
SCARPA North America this week gave its 2013 Sales Rep of the Year Award to Colorado-based KnS Reps. KnS works as SCARPA’s sales team in Colorado, Utah, Wyoming and New Mexico.
Teva Sandals are the Official Footwear for Festival Season
Teva, a division of Deckers Outdoor Corporation, has partnered with the Bonnaroo Music & Arts Festival to become the official sandal sponsor for the 2014 season…
Jos. A Bank Open to One More Offer Before Acquiring Eddie Bauer
Jos. A. Bank Clothiers Inc.'s board of directors unanimously rejected the latest unsolicited bid for its shares by The Men's Wearhouse Inc., but left the door open for the rival retailer to make one more offer before consummating its acquisition
RECALL: 150 Mammut RescYou Devices
Mammut Sports Group Inc. recalled about 70 of its RescYou crevasse rescue devices in the United States and 80 in Canada because the pull cord lock cam can fail, posing a risk of death and inuring during a rescue…
Backcountry Industry Crowdsources Avalanche Safety Video
A unique partnership between US and Canadian avalanche safety organizations is issuing a challenge to skiers and snowboarders: Make a 4-minute video that shows the proper preparation for riding beyond resort boundaries, and you and your film could become
Sport Chalet to Sponsor California State University, Northridge
Sport Chalet and California State University, Northridge (CSUN) Athletic Department entered a multi-year partnership in which Sport Chalet will be the official apparel and equipment provider to the Matador athletic teams…
STX Partners with 200×85
STX has signed a sponsorship agreement with tournament and ice hockey experience company 200×85, LLC…
Joint Interbike/OR Media Event to Promote Outdoor Technology
Interbike and Outdoor Retailer joined forces to launch Charged Up, a new immersive media event designed to bring the latest in electric bike innovation and active outdoor technology to the attention of the non-endemic consumer and technology print, broadc
Modell’s Sporting Goods Opens 154th Store
Modell’s Sporting Goods is celebrating the opening of their 154th location, now arriving in Capitol Heights, MD…
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