Deckers Discusses Broadening Product Line, Retail Plans and Tougher Patent Enforcement at Annual Investors’ Day
Deckers Corp. laid out three main opportunities for growth of its juggernaut Ugg brand at its annual investors’ day last week and provided updates on its plans for Simple, Teva and Tsubo. The company expects to open up to 30 shops in the United States, A
Dorel’s Pacific Cycle Unit Thrives in Q3 As Cannondale Misses 2009 Shipments
Dorel Industries Inc. reported sales of its Pacific Cycle division to mass merchants were stronger than expected in the third quarter, but said it had to delay orders for new Cannondale models due to supply constraints. Q3 orders for Cannondale’s 2008 mod
Big 5 Third Quarter Comps Decline, Cautiously Prepares for ’09
For the fiscal 2008 third quarter ended Sept. 28, net sales for Big 5 Sporting Goods Corporation declined 3.5% to $223.2 million while comps declined 6.6%, primarily due to a decrease in customer traffic. The declining results and tighter credit markets c
Zumiez October Comps Drop 13.1%, Net Sales Rise 1.2%
Zumiez Inc. had comparable store sales decrease 13.1% for the four-week period ended Nov. 1, 2008 and total net sales increase 1.2% to $25.0 million. The significant drop in comps caused the company to re-think its fourth quarter expectations…
Broder Bros. Shrinks Q3 Loss
Broder Bros., Co. reported third quarter 2008 net sales inched up 2.4% to $252.3 million from $246.4 million a year ago. Income from operations was $7.8 million compared to a loss from operations of $3.1 million for the third quarter 2007. The Q308 net lo
PacSun’s October Comps Drop 10%, Sees Q3 Loss
Pacific Sunwear of California, Inc. reported that total PacSun sales for the four weeks ended November 1, were $69.3 million, a decrease of 10% from sales of $76.7 million a year ago. Same-store sales decreased 11% during the same period. The retailer now
Filson to Open Portland Store Nov. 15
Filson will open its third U.S. retail location on Saturday, Nov. 15 in Portland, Oregon's vibrant Pearl District. The 2,400 square-foot space in the historic Confectionery Building joins Filson’s first store in Seattle, where the company was founded
Strong Mass Merchant Sales Boost Dorel’s Q3 Bike Business
Dorel Industries reported sales of its Pacific Cycle division to mass merchants were stronger than expected in the third quarter, while sales at its Cannondale IBD business were up over last year, despite supply issues for some of Cannondale's carbon
Backcountry Launches Affiliate Program for ODAT sites
Backcountry has launched an affiliate program to compensate owners of other Web sites for promoting its online “One Deal at a Time,” or ODAT sites. Under the program, affiliates can earn $5 for every new customer they refer to SteepandCheap.com (outdoor),
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
