Lululemon Athletica Inc. will be opening larger stores in select markets to accommodate it growing men's business, which comped up 16 percent in the fiscal fourth quarter executives said during the company's fourth quarter earnings call. The com
Author: Charlie Lunan
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Late Deliveries Reduce PacSun Comps in Fiscal First Quarter
Pacific Sunwear of California joined a growing list of companies tempering their first quarter sales and earnings guidance because a backlog of containers at West Coast ports delayed deliveries of key spring products…
Park City Approves $50 Million Plan to Connect Local Ski Resorts
Vail Resorts, Inc. has received unanimous approval from the Park City Planning Commission to implement one of the most ambitious and impactful capital plans in the history of the U.S. ski industry for the 2015-16 season…
Mammut’s 2014 Results Reflect Rising Competition at Home
Mammut recorded flattish sales and operating results in 2014 that reflect growing saturation of its home markets of Germany and Austria, its Zurich-based parent company Conzzeta AG reported Thursday…
Lululemon’s Same-Store Sales Grew 5 Percent in Q4
Lululemon Athletica Inc. beat consensus earnings estimates in the fourth quarter thanks to net revenue and same-store sales growth of 15 and 5 percent respectively, but disappointed investors with updates to its forecasts for the first quarter and current
Leatt’s Assault on Mountain Biking Market Lifts Q4 Sales
Leatt Corporation, the South African motorsports company that is expanding into mountain biking and boosting its presence in the U.S. and Europe, grew revenue 26 percent in the fourth quarter and turned a profit for the year ended Dec. 31, 2014…
Navico Backs Hobie Kayak Fishing Tournament in Europe
Navico's marine electronics brands Lowrance and GoFree have signed on as sponsors of the second edition of the Hobie Fishing European Championship, which takes place between Sept. 11-13, 2015 in France…
Cotopaxi Lands $6.5 Million in Seed Capital
Cotopaxi, a direct-to-consumer, outdoor gear and apparel startup out of Salt Lake City closed a $6.5 million Series A funding round just 11 months after opening for business.
Conzzeta Sees Rising Competition Crimping Mammut’s Growth
Mammut recorded flattish sales and operating results in 2014 reflecting growing saturation in its home markets of Germany and Austria, its Zurich-based parent company Conzzeta AG reported…
ProdecoTech Acquisition Could Close in April
Paymeon Inc. expects to close on its all-stock acquisition of the remaining 80 percent of e-bike maker ProdecoTech in the next 30 days, the penny stock company disclosed in an annual report filed Thursday…
POP Paddleboards Expands to Canada
POP Paddleboards of Orange County, CA has made it entire product line available in Canada…
Pedego Boston Store Grand Opening Set for April 4
Pedego Boston will celebrate its grand opening April 4 at its location in Belmont, Mass., a short ride from Harvard Square, the Minuteman Bikeway and the Charles River Bicycle Trails…
REI’s Omnichannel Might Fuels Strong FY14 Growth
In a show of omnichannel might, Recreational Equipment Inc. grew sales and profits at their fastest pace in years in fiscal 2014. REI reported sales of $2.2 billion for the 53-week period ended Jan 3, 2015, a 9.9 increase from the fiscal year ended Dec. 2
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ABG and WWE Launch Tapout Joint Venture
WWE and Authentic Brands Group, LLC announced a joint venture for Tapout, a newly repositioned fitness lifestyle brand that serves as the official fitness and training partner of WWE…
Hi-Tec Sports Donates Single Shoes
Hi-Tec Sports USA will donate 364 single pairs of shoes to National Odd Shoe Exchange, a non-profit organization that is a source of footwear for those requiring single shoes or pairs of differing sizes…