Weyco Group Earnings Fall 18.6%
Declining sales and rising costs contributed to an 18.6% decline in third quarter earnings for Weyco Group Inc. The manufacturer of men's shoes said net income fell to $4.34 million, or 37 cents a share, from $5.33 million, or 45 cents, last year. Sa
Columbia Sportswear to Cut U.S. Staff by 4%
Columbia Sportswear Company announced it will lay off 75, or 4%, of its 1,800 U.S. employees in response to an 11% decline in orders for Spring 2009…
Dick’s SG to Test Life Fitness Equipment in Northeast Locations
Dick's Sporting Goods will test an offering of Life Fitness cardio and strength equipment in 20 stores located in the Northeast. Dick's Sporting Goods is adding an expanded product line-up to include health-club quality products for the home…
Amer Sports Lowers Guidance Again
Amer Sports Oyj lowered its guidance for the second time this year after reporting a 6% decline in net sales in the third quarter to €433.2 million ($595.3 mm) as rapid growth in outdoor footwear and apparel and a solid performance from its ball sports se
Escalade Suffers Q3 Loss on Drop in Sporting Goods Revenues
Escalade, Inc.'s revenues for the third quarter dropped 32.8% to $40.8 million from $60.7 million in the prior year. ESCA posted a net loss of $1.4 million, or 11 cents per share, compared to net income of $3.1 million, or 24 cents, in the prior yea
Billabong Raises Guidance
Billabong International upgraded its guidance due to the benefits of a falling Australian dollar. At the company's annual general meeting in Australia, Billabong CEO Derek O'Neill said that Billabong now was forecasting earnings per share growth
Pacific Sunwear Rejects Adrenalina’s Latest Bid
Adrenalina resubmitted its proposal to the board of directors of Pacific Sunwear of California Inc. to enter into negotiations aimed at acquiring that company at an increased price of $5.00 per share, or an aggregate of approximately $329 million, in a co
Jarden Outdoor Ekes Out Q3 Sales Gain; Freezes Hiring
Jarden Corp.’s Outdoor Solutions segment, which includes Coleman, Pure Fishing and the former K2 Inc. business, reported net sales of $620.1 million for the third quarter, up 1.1% from comparable revenues of $613.1 million last year…
Garmin’s Outdoor/Fitness Segment Grows 25% in Q3
Garmin Ltd. reported total revenue in the third quarter reached $870 million, up 19% from $729 million in third quarter 2007, led by strong performance by its outdoor/fitness segment, where revenue rose 35% to $119 million…
Fleet Feet Sees 16.5% Q3 Revenue Gain
Fleet Feet, Inc.'s third quarter marked the best quarter in the company’s 32-year history, with retail sales totaling $24.8 million, up 16.5% over third quarter 2007. Year to date sales are up 17.8% through September 2008, with $67.5 million in reven
Puma Sales Increase 5.9% Currency-Neutral in Q3
PUMA’s brand sales, which include consolidated sales and license sales, reached €778.6 million ($1.07 bn) during Q3, rising 5.9% on a currency-adjusted basis or 3.3% in Euro terms. Consolidated sales in Q3 grew 9.2% to €712.7 million ($979.4 mm) on a curr
Amer Sports Lowers Guidance as U.S. Fitness Business Plummets
Amer Sports Oyj lowered its guidance for the year for the second time this year after reporting a 6% decline in net sales in the third quarter to €433.2 million ($658.5mm) as rapid growth in outdoor footwear and apparel and solid performance by its ball s
Timberland Work Boots and Smartwool Buoy Weak Q3
The Timberland Co. reported revenues declined 2.2% to $423.6 million in the third quarter ended Sept. 26 as declines in Timberland brand apparel were partially offset by currency translation, strong growth in Timberland PRO series work boots and SmartWool
Soffe’s Q1 Revenues Jump 20.8%
Delta Apparel said sales of its Soffe brand climbed 20.8% in its first quarter ended Sept. 27, with all of its distribution channels achieving double digit sales growth. Overall sales in the Delta's retail-ready segment, which also includes the Junkf
SCARPA Centralizes U.S. Headquarters
Just two years after taking over its U.S. operations, SCARPA North America is taking its fulfillment operations in-house and consolidating its warehouse, shipping/receiving facilities and warranty/repair division at it new headquarters located in Boulder,
