Endeavor Athletic hired Jess Ceresino as Vice President of Marketing and Business Development to help launch the apparel branch of the business…
Author: Charlie Lunan
Female Bike Executives Lobby Congress
PeopleForBikes led a delegation of 16 female executives to Washington D.C. last week to lobby Congress on behalf of the Trans Pacific Partnership, transportation spending initiatives and sales tax parity…
Vibram Ups Anti-Counterfeiting Efforts
Vibram is taking aggressive steps to prevent the counterfeiting of its products, specifically Vibram FiveFingers…
Blaze Partners Formalize New Partnership
Jim Hauptman, Jenna Klein Jonsson and Kevin Kayne have joined forces with a vision of upending and redefining the traditional advertising agency model…
Puma Says U.S. Led Third Quarter Growth
Puma reported consolidated net sales grew 3.1 percent in currency-neutral (c-n) terms in the third quarter driven by the running and training footwear categories and the Americas, where its collaboration with pop star Rihanna is revitalizing sales…
Oboz Fills New Inventory Management Position
Oboz has hired Chris Rischke in the newly created position of business analyst with responsibility for all aspects of inventory management at the Bozeman, MT-based footwear company…
Global Brands Agrees to Acquire Planet Socks Assets
Global Brands agreed Nov.5 to acquire PS Brands hosiery business through a U.S. subsidiary for up to $140 million in a bid to become a top player in the licensed sock market in North America…
U.S. Expansion Lifts Fenix Outdoor’s Brand Sales
Fenix Outdoor International AG reported that North America accounted for 85 percent of its brand sales growth in the nine months ended Sept. 30…
Fox Factory Mum on Organic Growth Rate
Fox Factory Holding Corp. reported sales of bike products increased 16.3 percent in the third quarter, but executives declined to break out how much its legacy mountain bike (MTB) business grew…
Dorel Sports Turns in Q3 Operating Loss After Restructuring Charges
Dorel Sports reported an operating loss of $20.2 million in the third quarter as currency headwinds, a restructuring at its Sugoi and Cannondale apparel business and impairment charges at its Brazilian bike company battered the bottom line…
Let the Scrutiny Begin – TPP Text Released
The Obama Administration released the full text of the Trans Pacific Partnership (TPP) agreement on Thursday, providing the sporting goods industry its first opportunity to vet the details of an unprecedented trade deal they say could free up billions of
L.L.Bean’s First Outside CEO Says He’s Coming Home
L.L.Bean Inc. has named a veteran of the supermarket industry who has worked in England, Belgium and China as its next president and CEO and the first outsider to fill the position in the company's 103-year history…
Liberty Safe’s Q3 Sales Signal Normalizing Gun Sales
Liberty Safe turned a profit in the third quarter ended Sept. 30 after sales to gun dealers jumped 41.6 percent, signaling a turnaround in firearms sales following their latest boom and bust cycle…
Crocs Blames Q3 Loss on China Inventory Glut
Crocs Inc. swung to a net loss of $27.8 million in the third quarter ended Sept. 30 after holding back shipments to Chinese distributors. The Niwot, CO footwear company reported revenue of $274.1 million, down 9.4 percent, or -0.8 percent in currency-neut
Dorel Sports Says Currency Headwinds Wiped Out Q3 Growth
Dorel Sports's operating profits dropped by nearly half on flat sales in the third quarter, but sales increased approximately 9 percent excluding currency impacts thanks to demand for Cannondale and other bikes from overseas IBDs…
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