Head NV expects preseason orders to suffer in the wake of another late start to winter in Europe, where reorders for its winter sports equipment plunged 40 percent in December…
Author: Charlie Lunan
European Chain Lifts Zumiez in Fiscal Fourth Quarter
Zumiez Inc. reported sales exceeded expectations in the fiscal fourth quarter ended Jan. 31 as comp store sales rebounded strongly amid strengthening demand in both the United States and Europe…
Spinner Bikes Launches Belt-Drive System for Commercial Market
Mad Dogg Athletics Inc. launched a new belt-drive system for its commercial Spinning bikes that it says last longer, run quieter and better duplicate the sensation of riding an outdoor bicycle…
Head NV Reports All Segments Grew in 2014
Head NV of Amsterdam reported net Revenues for the full year increased 4.7 percent compared to the prior year driven by growth in all the divisions, or 5.3 percent in currency-neutral terms…
Genesco Q4 Earnings Disappoint Despite Strong Comps
Genesco Inc. reported its earnings came in below expectations in the fourth quarter ended Jan. 31, 2015 as gross margin pressure and currency exchange rates offset 10 percent growth in comparable store sales. Comps increased 16 percent at Journeys Group,
Vail Resorts Retail Sales Surge in Fourth Quarter
Vail Resorts Inc. reported Retail/Rental revenue increased $9.3 million, or 10.8 percent, for the three months ended Jan. 31, 2015 due primarily to increases at its resorts in Colorado and Utah and the addition of Park City…
Paddle Nation Grant Applications Due April 13
Outdoor Nation is accepting applications until April 13 for Paddle Nation grants that will be awarded May 1 to programs that help youth get outdoors and explore the nation's waterways…
Gates to Launch Lower Price Belt Drive at Tapei Bike Show
Gates Corporation, maker of the chain-replacing belt drive system for bicycles, is launching a “value oriented” product line designed for lower-mileage pavement and city bikes…
Dagger Releases 2015 Team Roster
Confluence Outdoor released the 2015 roster for Team Dagger, which represents the company's Dagger whitewater kayak brand…
Bosch eBike Systems Partners with Universal Transmission to Serve European OEMs
Bosch eBike Systems entered into a distribution partnership with Universal Transmissions GmbH to meet growing demand from European ebike manufacturers…
Summit Sports Raises Capital for Acquisitions
Summit Sports has raised capital from Digital Fuel Capital to acquire other outdoor and action sports e-commerce companies and accelerate organic growth at its five existing sites…
Gaiam Says Sports Authority, Kohl’s Grew Top Line in Q4
Gaiam Inc. reported the addition of retail partners Sports Authority and Kohl's helped fuel 15 percent organic growth in the fourth quarter ended Dec. 31, 2014…
Yeti Expands Marketing Team to Target Segments
Yeti Coolers, which created the market for $200-plus coolers, has expanded its marketing team to focus on the BBQ, Outdoor and Hunting markets…
Vail Resorts Reports $37 Million Shortfall at Tahoe Resorts
Vail Resorts Inc. lowered guidance March 12 on what it expects to earn from its resort operations in fiscal 2015 to reflect a $37 million revenue shortfall at its Tahoe resorts, where snowfall was running 42 percent behind last year’s very low level
L.L.Bean to Triple U.S. Store Count by 2020
Privately-held L.L. Bean, which reported sales grew 3 percent to $1.61 billion in its latest fiscal year, plans to triple its U.S. store count to at least 100 stores by 2020…
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