Advance estimates of U.S. retail sales released by the U.S. Census Bureau Thursday appear to confirm reports that harsh weather across much of the country suppressed retail sales in January. Census estimated sales by sporting goods, hobby, book and music
Year: 2014
Hackers Force Retailers and Bankers to Partner on Cybersecurity
In the wake of continued theft of customer data, a coalition of trade associations representing the merchant and financial services industries announced a new cybersecurity partnership to explore paths to increased information sharing, better card securit
Cabela’s Q4 Comps Slide on Weak Ammo Sales
Cabela's Inc. reported comparable-store sales fell 10.1 percent in the fourth quarter due to a “much sharper than expected decline in ammunition sales” and the overall weak holiday shopping season. Retail store revenues increased 7.3 percent to $711.
Jarden Outdoor Q4 Segment Earnings Fall on Flat Sales
Jarden Corp. reported earnings dropped 21.1 percent at its Outdoor Solutions segment on flat sales in the fourth quarter ended Dec. 31, 2013. The segment owns 26 sporting goods brands, including several in use by athletes competing in the Winter Olympics
Cabela’s Announces Plans for Three New Stores
Cabela’s Incorporated plans to open new stores in three new markets in 2015 and 2016 – Ammon, ID; Short Pump, VA; and Fort Oglethorpe, GA…
Cascade Designs Promotes Keegan to VP Post
Cascade Designs promoted Drew Keegan from director of stoves & cookware to vice president of product development and marketing services. In his new position, Keegan will oversee product development and marketing execution for Cascade Designs, including th
Hatch Marketing Group Partners with Tinks
Hatch Marketing Group announced a new partnership with Tink's Outdoor Products…
Coolcore Signs Canadian Distributor
Coolcore has signed Trainers Choice as the exclusive distributor for its products, including its Dr. Cool recovery wraps, in Canada…
Wolverine Worldwide Approves Stock Buyback
The directors of Wolverine Worldwide approved a new $200 million share repurchase program to replace its recently expired 2010 Share Repurchase Authorization…
Hillsound Backs Snow Running Event
Hillsound will facilitate a new race category at this year's Yeti Snowshoe Series by providing its slip-on traction devices for a first-ever snow running race…
Skechers Q4 Profits Surge
Skechers USA, Inc. reported fourth-quarter earnings more than tripled to $14.2 million, or 28 cents a share, compared to net earnings of $4.0 million, or 8 cents, in the fourth quarter of 2012. Revenues rose 13.9 percent to $450.7 million compared to $395
Manchester United Reports Nike Revenues Declined in Fiscal Q2
Manchester United reported its retail, merchandising apparel and product licensing revenue, which is managed by Nike, declined 4.4 percent to £9.1 million in the second fiscal quarter ended Dec. 31, 2013…
IEG Releases 2014 Sponsorship Spending Forecast
Spending on sponsoring sports events is expected to rise 4.9 percent to $14.35 billion in North America this year, according to a forecast released by IEG, which helps many global brands manage their sponsorship marketing…
Under Armour to Sponsor Bay to Breakers
Under Armour has signed a multi-year deal to serve as the official performance apparel and footwear provider for San Francisco’s iconic foot race, Bay to Breakers…
Spenco Appoints Running Specialty Sales Director
Spenco has hired a New Balance sales veteran to lead the charge for increasing its presence in the growing running specialty market. Len Chatwin will serve as running specialty sales director, a new position created by Spenco…
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