Asics Introduces Limited Edition Kayanos for NYC Marathon
In celebration of the 15-year anniversary of the Gel-Kayano, Asics will introduce an authorized ING New York City Marathon limited-edition during the 2008 race. The model will feature an image of runners crossing the Verrazano-Narrows bridge, specially em
Timberland Posts Q2 Loss; Revenues Decline 6.3%
The Timberland Company reported a second-quarter net loss of $18.9 million, or 32 cents a share, versus a loss of $19.2 million, or 31 cents, a year ago. Revenues declined 6.3% to $209.9 million as declines in casual footwear, Timberland brand apparel and
Under Armour Reports 30% Sales Growth for Q2; Raises FY08 Operating Income Outlook
Under Armour, Inc. reported revenues increased 30% in the second quarter to $156.7 million from $120.5 million. in the second quarter of 2007. Second quarter net income dropped 75.4% to $1.4 million, or 3 cents a share, from $5.7 million, or 11 cents, a y
Under Armour Ups Guidance on 30% Q2 Sales Gain
Under Armour, Inc. reported revenues increased 30% in the second quarter to $156.7 million from $120.5 million. in the second quarter of 2007. Second quarter net income dropped 75.4% to $1.4 million, or 3 cents a share, from $5.7 million, or 11 cents, a y
Recall: New England Ropes/Lines
The U.S. Consumer Product Safety Commission and New England Ropes of Fall River, MA. announced a voluntary recall of Maxim Apogee and Maxim Pinnacle Dynamic Climbing Lines/Ropes. While no injuries have been reported, the company is advising consumers to i
Consumer Confidence Remains Weak
Consumers' outlook, while slightly improved from last month, continues to be very pessimistic, according to the Conference Board Consumer Confidence Index released Tuesday. Consumers anticipating business conditions to worsen over the next six months
Hanesbrands Earnings Soar Despite 4.4% Sales Decline
Hanesbrands Inc. said earnings increased on lower earnings due to difficult retail conditions and later shipments of back-to-school product. Net sales reached $636.3 million for the second quarter ended June 30, down 4.4% from the same period a year earli
Mervyns Files for Bankruptcy
Mervyns LLC filed for Chapter 11 bankruptcy late Tuesday. The mid-tier department store chain said it plans to keep its 177 stores open while they restructure the retailer's debt and “realign” business operations. The retailer said it has identified
Running Footwear Category Definitions Shifting
For decades, performance running shoe makers have segmented their product lines into distinct categories, effectively divided between stability, cushioning and motion control. Today, however, market forces are blurring those traditional definitions as inn
“I Will” Campaign to Launch at OR Summer Market
The Outdoor Foundation is challenging members of the outdoor sporting goods industry to sign a pledge at the OR Summer Market next month in which they promise to take two kids outside at least once in the next year to promote outdoor recreation…
Crocs Lowers Guidance; Shares Hammered
Crocs Inc. said it expects second quarter sales to range between $218 million and $233 million and earnings per share in the range of 3 cents to 7 cents. These estimates compare to previous guidance of revenues ranging from $247 million and $258 million
Brunswick Posts Q2 Loss on Charges
Brunswick Corporation reported a net loss of $6.0 million, or 7 cents per diluted share, for the second quarter, compared with net earnings of $56.9 million, or 63 cents per diluted share, from continuing operations for the same period last year. The seco
Lacrosse Reports Solid Q2 Despite Outdoor Regression
LaCrosse Footwear, Inc. said second quarter net income rose 47% on a 12% increase in consolidated net sales to $27.8 million for the period. Sales growth, however, came from the work and military markets rather than the outdoor market, where sales actuall
Columbia Sportswear Posts Q2 Loss
Columbia Sportswear Company’s U.S. sales tumbled 18% in the second quarter as reduced consumer spending levels and tighter credit markets “caused retailers to request unusual and unpredictable levels of order delays and cancellations.” The company posted
West Marine Q2 Comps Slip
West Marine, Inc. reported sales reached $226.7 million for the fiscal second quarter, down 8.2 % from net sales of $247.1 million for the same period in 2007. Comparable store sales also declined 7.8% compared with the same period a year ago…
