Finish Line Youth Foundation Raises a Record $1.7 Million
The Finish Line Youth Foundation (FLYF) raised a record $1.7 million through its annual holiday fundraising drive, which was held in Finish Line retail stores nationwide and online at finishline.com from Nov. 7 through Dec. 31…
Backcountry Access Secures Patent for Venturi Design
Backcountry Access reported on its blog that after two years of work, the US Patent Office issued a patent this week for its Float 30 airbag, which backcountry skiers can inflate the moment they feel threatened by an avalanche to reduce their chances of b
Jack Wolfskin’s Sales Rise 21% in 2010
Jack Wolfskin, Germany's dominant domestic outdoor clothing and equipment brand, saw sales increase 21% in its 2010 fiscal year, but did not disclose profits. The company was being shopped by its private equity owners as recently as last summer, acco
Amer Sports Doubles Full Year Net Income But Warns of Margin Pressure Ahead
A warning about growing margin pressure from rising labor and input costs prompted investors to bid down stock in Amer Sports last week even after it reported a 21% increase in fourth quarter sales and predicted sales and EBIT growth for the year ahead…
Lafuma Fiscal Q1 Growth Undercut by China Business
Lafuma Group’s sales edged up 1.9% to €52.4 million ($71 mm) in its fiscal first quarter ended Dec. 31 from a year earlier. Excluding the costs of a transition to a new partnership in China, growth for the quarter would have been 3%…
Summit Hut General Manager Acquires Business from Founder
David Baker, who founded Summit Hut in 1969, has sold the landmark Tucson outdoor retailer to long-time employee Dana Davis. Baker will stay on to guide Davis through the transition over the next 18 months…
Apparel Execs Mull Mixed Input Cost News
Apparel executives concerned about growing margin pressure got mixed news last week on the cost front. On the one hand, textile mills lead a long list of industries paying increased prices in January, according to the latest Manufacturing ISM Report On Bu
RECALL: Tech 4 Kids Snow Bikes
The U.S. Consumer Product Safety Commission announced a voluntary recall of about 2,100 Outer Edge Snow Bikes from Tech 4 Kids Inc., of Canada…
Hibbett Cuts Q4 Outlook on Soft January Sales
Hibbett Sports, Inc. cut its fourth-quarter earnings guidance after saying sales slowed in the latter half of January. It now expects fourth-quarter earnings between 42 cents to 44 cents a share. It had raised its guidance in November to 47 cents to 50 ce
Vaude Teams with China’s Kailas in China
Kailas, a Chinese outdoor gear company, has taken charge of the German outdoor company Vaude’s distribution activities in China as part of a broader pact that will include close collaboration with suppliers and joint development work and licensing a
Asics’ Motoi Oyama Elected President of WFSGI
Motoi Oyama, the president of Asics, was elected president of the World Federation of the Sporting Goods Industry (WFSGI) for a three-year term…
Sanitas Group Named Mountainsmith Agency of 2010
Mountainsmith said the Sanitas Group has won its 2010 Anvil Award for Agency of the Year. In a flat market, the group, headed up by industry veterans Keith Reis and Andy Anderson, led a surge in sales and market share in their Rocky Mountain territory to
AFIRM Inaugural Fitness Tour Sees Healthy Attendance
Last week's inaugural AFIRM Fitness Showcase Tour (February 3-4; Sheraton Gateway Hotel; Atlanta, GA) saw a healthy number of attendees, according to the organizers…
Bushnell Taps Arnhold as PR Manager
Bushnell has hired Paul Arnhold as its new Public Relations Manager in the Marketing Department, effective Jan. 28, 2011…
Gander Mtn. Announces ‘Revolution’ in Firearms Training
Gander Mountain called its new civilian training facitlity a “pioneering development” in the firearms industry with opening of the first Gander Mtn. Academy(TM) in Lake Mary, FL…
