Gildan Activewear Inc. adjusted net earnings rose 10.7 percent for the first quarter ended Dec. 29, to $43.3 million or 35 cents a share…
Year: 2014
Adidas Sues Under Armour Over Mobile Fitness Patents
Adidas sued Under Armour, alleging it infringed on 10 Adidas patents used in Adidas’ fitness tracking system called miCoach…
Mizuno’s Profits Jump in Fiscal Nine-Month YTD
Driven by double-digit revenues in footwear and a recovery in its golf segment in the Americas, Mizuno Corp reported revenue rose 9.3 percent to ¥132.2 million ($1.31 bn)…
Asics Continues Bounce Back in Nine Months
Asics Inc. reported net earnings climbed 19.6 percent in the nine months ended Dec. 31 on a 25.1 percent sales gain, benefiting from a weakening yen and strength in running shoes worldwide. The company also raised its forecast for the year for both sales
RSG Acquires VA Runner
Running Specialty Group (RSG) has acquired the two VA Runner stores with locations in Fredericksburg and Woodbridge, Va. south of Washington D.C. from current owner Carol Van Horn. The addition of the two new stores will bring the total number of RSG reta
Kohl’s Reports Q4 Comps Slide 2 Percent
Kohl’s Corporation said its fourth-quarter earnings would come in below its guidance due to a steep drop in January same-store sales and unanticipated expenses in servicing its e-commerce business…
Running Specialty Group Snaps up Two More Stores
The two VA Runner stores with locations in Fredericksburg and Woodbridge, Va. south of Washington D.C., were acquired this week by the Denver-based Running Specialty Group (RSG) from current owner Carol Van Horn. The addition of the two new stores brings
Dorel Says Bike Business Dragged Down Q4 Earnings
Dorel Industries Inc. disclosed that continued discounting and delayed orders by independent bicycle dealers will cause it to report 2013 fourth quarter consolidated earnings below 2012 levels. However, first quarter sales are on track to surpass year ago
Sage Reels in $14,000 for Breast Cancer Non-Profit
Fly fishing industry leader, Sage Manufacturing raised $14,050 last year for Casting for Recovery (CfR), which…
TeamSnap Raises $7.5M in Equity Funding
TeamSnap, a Boulder-based developer of a web service and app to manage sports teams and groups, announced a $7.5 million Series B investment led by new investor Foundry Group. Existing investors Torstar, Trinity Ventures, Toba Capital and Harris Barton al
NRF Forecasts 4.1 Percent Increase In Retail Sales for 2014
The National Retail Federation released its 2014 economic forecast today, projecting retail industry sales (which exclude automobiles, gas stations, and restaurants) will increase 4.1 percent, up from the preliminary 3.7 percent growth seen in 2013…
Adventure Cycling Association Launches Youth Touring and Leadership Scholarship
Adventure Cycling Association is now accepting submissions for its new Youth Touring and Leadership Scholarship. Two successful candidates will be selected to participate in one of Adventure Cycling’s 2014 educational courses…
ExOfficio Beefs Up Sales and Dealer Service Departments
ExOfficio, a manufacturer of adventure travel apparel, made a series of new hires and promotions in the sales and dealer service departments. Tim Lau was appointed to the new position of Northwest territory manager…
EB Brands Announces New Management for Its Fitness Division
EB Brands and EB Sport Group, a provider of sport and fitness products, announced two new lead hires: Tricia Norton as president of the EB Brands Fitness Division; and Herbie Calves as VP of marketing…
CW-X Supplies USA Luge
CW-X, part of the Wacoal Sports Science Corp, has been named the official performance base layer supplier of USA Luge, an agreement that first began in 2006, and continues through the Sochi games…
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