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…
Author: Charlie Lunan
Gaiam Inc. Says Kohl’s Launch Turbocharged Q3 Sales
Gaiam Inc. reported its launch at more than 1,000 Kohl's and Bed Bath and Beyond department stores enabled it to grow 140 percent faster in the third quarter ended Sept. 30…
Astral Names New Reps in Midwest
Astral, the Asheville, NC-based paddle sports brand, named husband and wife team, Dave and Bobbie Larson as its new sales team in the Midwest…
Sturm Ruger Profits Rise on Jump in Shipments
Sturm, Ruger and Company Inc. estimates sell-through of the company’s products from independent distributors to retailers outpaced criminal background checks more than three-fold during the quarter, clearing the way for a big increase in fourth quar
Merrell to Launch New Tough Mudder Event and Gear
Merrell signed on as the presenting partner for global Tough Mudder events as a part of a multi-year deal that calls for the brands to develop a co-branded line of gear and launch a shorter version of the obstacle course race to draw in more consumers…
Safilo Group Reports Big Q3 Declines at Solstice and in Brazil
Safilo Group S.p.A. reported total net sales grew 9.0 percent to €284.8 million in the third quarter ended Sept. 30, compared with the same quarter of 2014, due almost entirely to the weaker Euro…
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
UN Applauds OIA’s Sustainability Work
The United Nations has recognized Outdoor Industry Association as among a handful of companies and associations moving the needle on global sustainability…
Thule’s Declining Camera Bag Sales Dilute Q3 Gains
Thule Group reported that sales at its Outdoor&Bags segment declined 2.7 percent in the Americas in currency-neutral (c-n) terms in the third quarter as big box consumer electronics retailers in the United States slashed their assortment of camera bags…
Fox Factory: Acquisition Boosts Q3, Full Year Outlook
Fox Factory Holding Corp. reported sales of bike products increased 16.3 percent in the third quarter thanks largely to its Race Face/Easton acquisition and raised its guidance for the full year although it expects…
Andy Clarke Takes Strategy Post at Toole Design Group
Andy Clarke, who resigned as CEO at the League of American Bicyclists after 11 years in July, has joined the Washington DC-based planning, engineering and landscape architecture firm Toole Design Group as director of strategy…
Riddell Parent to Pay $10 Million to Settle SEC Charges
Fenway Partners, the private equity firm that owns Riddell parent BRG Sports, has agreed to pay more than $10 million to settle charges that it and four executives failed to disclose conflicts of interest to a client and investors…
Uvex Sports and Leisure Sales Grew 6 Percent in Fiscal 2015
Uvex Winter Holding GmbH & Co. KG (Uvex Group) reported revenues grew 6 percent to €117.2 million at its Sports and Leisure segment in the fiscal year ended June 30…
Stio Expanding Headquarters Near Jackson Hole
Stio, the mountain lifestyle apparel brand that sells only direct to consumers, said it will move to larger headquarters near to accommodate its growing staff, including two hires named Wednesday…
Osprey Packs Adds Marketing Talent
Osprey Packs named Vince Mazzuca as senior marketing manager and Jennie Wong as sales and marketing coordinator…
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