Foot Locker Inc. is targeting sales of $10 billion and sales per gross square foot of $600 by 2020, according to new financial targets laid out by the company…
Author: Charlie Lunan
Black Diamond Weighs Selling Brands
Citing a strong fourth quarter performance, high valuations for premium outdoor brands and its ability to offset federal taxes on asset sales, Black Diamond Inc. said it has hired two global investment banks to explore strategic buyers for its three brand
Western Mountain Resorts Still Tracking Ahead of Last Season
The occupancy rate at 19 western mountain resort areas was up 6.5 percent for the winter season-to-date period ending Feb. 28, while revenues were up 12.3 percent compared with the same period last year, according to Destimetrics…
West Marine to Open Chicago Hub in April
West Marine will soon open its new 20,000-square-foot store in Chicago that will serve as its flagship location and wholesale hub for the Midwest…
GoPro Channel App Surpasses 1 Million Downloads
GoPro Inc. announced that The GoPro Channel app has been downloaded over one million times on the Xbox video game and entertainment system from Microsoft…
National Ski Patrol Names Education Director
Dr. Sheila Summers has been hired as the education director of the National Ski Patrol (NSP). Dr. Summers will begin working for NSP in the Lakewood office on March 24, 2015…
Mass Channel Drives Dorel Sports Q4 Growth
Dorel Industries Inc. said Pacific Cycle, which sells bicycles, parts, accessories and toys to mass merchants, led its Dorel Sports segment to its fourth consecutive quarter of growth in the quarter ended Dec. 31…
Princeton Tec Lands NJ Grant to Expand Manufacturing
Princeton Tec will expand manufacturing operations and hire more people in New Jersey thanks to an $18.3 million tax grant from the state…
Patagonia Announces Changes to Global Sales Force
Patagonia announced four changes to its global sales force…
Colorado Sky Country USA Skier Visits up Through February
Skier visits to Colorado Ski Country USA's 21 member resorts increased 3.7 percent in January and February compared with the same period of the prior year…
Black Diamond Shopping Brands in Wake of Strong Q4
Citing a strong fourth quarter performance and high valuations for premium outdoor brands, Black Diamond Inc. said Monday (March 16) that it had hired two investment banks to explore strategic options for its three brands…
Dorel Sports Organic Sales Up 8 Percent in Fourth Quarter
Dorel Industries Inc. reported sales at its Pacific Cycle business outperformed its Cannondale Sports Group (CSG) in the fourth quarter of 2014 and will likely continue to do so through the second quarter of 2015 due to a sharp rise in the value of dollar
Calida Group Says Rapid Rebound at Lafuma Fueled 2014 Profit Growth
Switzerland's Calida Group reported net income more than doubled in 2014 thanks to a quicker than expected turnaround at Lafuma Group, a French maker of outdoor and action sports apparel and gear it acquired in December 2013…
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Precor and Suunto Sync Online Fitness Platforms
Amer Sports has integrated the online platforms for its Precor and Suunto fitness brands to enable users to access and record indoor cardio equipment-based workouts, as well as outdoor exercise in one place…
Nathan Sports Partners with Ragnar Relay Series
Nathan Sports has become an official supplier of lighting, hydration, reflective products to the Ragnar Relay Series…