Vail Resorts Fiscal Year Profit Cut on Lower Skier Visits
Vail Resorts saw a very difficult year with declining sales and their net income was cut in half for the fiscal year ended July 31, 2009. However, the ski resort holding company was easily able to stay profitable in spite of serious challenges in the hosp
OIA: Tariff Uncertainty Could Demand Adjustments for Footwear Makers
According to the OIA, the possibility that Congress won’t extend temporary duty relief on dozens of types of outdoor footwear featuring water resistant textile and synthetic uppers has manufacturers re-evaluating product design and production schedu
Dorel Looks to Capitalize on Growing Cycling Market
At Scotia Capital’s annual Back-to-School Conference, held in Toronto this year, Dorel Industries pointed out several growth strategies they will be implementing in the coming year – particularly around their bike business. Martin Schwartz, Dorel In
SGMA Warns Over China Trade
The SGMA is warning sporting goods manufacturers that trade with China could become volatile in the near future. In response to the current administration’s decision to impose 25-35% safeguard duties on Chinese-made tires, China's Ministry of C
The Impact of Low Retail Inventories
Tough times call for prudent inventory management at retail. But is the industry overdoing it? As retailers work to keep inventories lean this year and focus on bottom-line profitability instead of just top-line growth, some are starting to get concerned
VF Names Susan Kellogg President of Contemporary Brands Coalition
VF Corp. named apparel industry veteran Susan Kellogg as president of its Contemporary Brands coalition. Its contemporary brands segment includes Seven For All Mankind, John Varvatos, Ella Moss and Splendid. VF also noted that Lucy, formerly in the contem
Adidas Endorses European Rugby Cup
Adidas became the official matchball and referee kit supplier to the European Rugby Cup (ERC). Under the sponsorship deal with the ERC, adidas will provide the official match ball for both the Heineken Cup and newly titled Amlin Challenge Cup…
China Pacing Nike Brand’s Growth
Nike Inc. said in a SEC filing that NIKE brand's sales in its Greater China segment, including China, Taiwan and Hong Kong, rose 29% in its fiscal year ended May 31, to $1.74 billion from $1.35 billion a year ago. In constant currencies, sales climbe
Cabela’s Names VP of Merchandising, Great Outdoors
Cabela’s Inc. hired Scott Frnka as vice president of merchandising – General Outdoors. Frnka, most recently vice president of Academy Sports and Outdoors’ Field and Stream Division, brings more than 15 years of retail merchandising experience
Everlast Partners With 24 Hour Fitness
Everlast Worldwide has launched a national marketing tie-in with 24 Hour Fitness gyms called the Everlast Shadowbox Workout..
301Sports.com Merges with GetTeamGear.com
301Sportsonline.com said it merged with GetTeamGear.com to form a newly named company, 301Sports.com. The new online sporting goods retailer headquartered in Washington, Utah, focuses on baseball and softball equipment…
Canadian Trade Group Finds No Injury From Footwear Dumping
The Canadian International Trade Tribunal found that the dumping of waterproof footwear and waterproof footwear in nearly finished form from the People's Republic of China and the Socialist Republic of Vietnam had not caused and was not threatening t
Blacks Leisure Puts Sandcity Unit Into Administration
Blacks Leisure Group placed its Sandcity boardwear stores in administration after its bank Tuesday gave it a month to come up with a restructuring plan for its money-losing stores. The U.K. outdoor clothing retailer also expects to breach a financial cove
Oakley Expands Customized Program to Watches and Backpacks
Oakley, Inc. announced the further expansion of its program that gives customers the option to customize select Oakley products. In addition to eyewear and performance goggles, the Oakley Custom Program (OCP) now includes timepieces and backpacks…
Forzani Group Back-to-School Comps Essentially Flat
The Forzani Group Ltd. reported that consolidated same-store store sales fo the back-to-school period increased 0.1% for the seven-seek period ended September 20, compared to the same period last year. Corporate store comps were down 1.6% for the period a
