Canadian Tire Corporation, Limited reported consolidated retail sales increased 5.1 percent and consolidated revenues increased 4.1 percent for the seconde quarter ended July 2, 2011, compared to Q2 2010. The retailer, which is expected to complete its ac
Author: Charlie Lunan
Advocacy Advance Grants $100,000 for Bike Projects
In line with a goal to double federal funding for biking and walking, Advocacy Advance is awarding $100,000 in direct grants to four bicyling advocacy organizations. Recipients will use the grants to tap into federal funding streams and build their politi
SpendingPulse: Inflation Helped Boost Retail Sales by 8.7 Percent in July
Excluding auto sales, retail sales in July grew by 8.7% year-over-year, according to MasterCard Advisors’ SpendingPulse, a macroeconomic report tracking national retail and service sales. Much of that growth, however, reflects commodity based inflat
GoLite Footwear Cuts Lead Time 10 Days with West Coast Warehouse
GoLite Footwear has to a warehouse in Barrett Distribution Center in Fairfield, CA in an effort to reduce supply lead time from manufacturers in Asia by ten days…
Life is Good to Launch Game and Toy Line in Fall 2012
The Life is good Company, the Boston-based apparel and lifestyle brand has entered into a multi-year licensing agreement with Synergy Sportz (d/b/a Yukon Charlie’s) to produce and distribute a wide variety of Life is good branded games and toys in t
Trek to Warehouse and Fulfill Dealers Online Orders
Trek Bicycle unveiled “Trek Sync,” a program whereby Trek will warehouse and fulfill aftermarket product orders placed on Trek retailers’ websites. To help its dealers begin selling more online, Trek is providing its dealers access to i
Christy Sports Puts Clearance Events Online
Christy Sports is putting its annual Powder Daze Ski and Snowboard Sales Event in Denver online this year for customers who want to shop the once a year clearance events remotely…
Fox Racing Shox, Profits Rise 52.7 Percent in Q2
Compass Diversified Holdings disclosed that profits at its Fox Racing Shox unit soared 52.7 percent in the second quarter ended June 30 on a 32.5 percent increase in sales to $45.9 million. The company also released earnings for its recently acquired Libe
Non-Profit Sues Eddie Bauer Over Trademark Issues
First Descents, Inc., a Colorado-based nonprofit, that works with cancer stricken youth, commenced trademark infringement litigation in the US District Court, District of Colorado today against Eddie Bauer Licensing Services LLC and Eddie Bauer LLC. Eddie
Dorel Industries Q2 Cycling Revenues Up 15.9 Percent
Dorel Industries Inc. reported that sales at its Leisure/Recreational Segment rose 15.9 percent to $249.1 million for the second quarter ended June 30. The growth was driven by strong sales in the Cycling Sport's Group, the segment's independent
Asia Outdoor Continues Rapid Growth
The sixth Asia Outdoor continued to grow at double digit rates across most metrics in its sixth year, according to show owner Messe Friedrichshafen. Exhibition space grew 31 percent at the July 27-30 show,w hich drew a record 19,180 visitors, up 17 percen
Black Diamond Ups Guidance on 19 Percent Q2 Sales Growth
Black Diamond, Inc. upped its 2011 guidance after reporting total sales in the second quarter of 2011 increased 19% to $28.3 million compared to pro forma sales of $23.7 million in the second quarter of 2010. The strong report marked an appropriate booken
DealerCamp Drew 1,700 for Three Days of Bike Riding and Order Writing
DealerCamp drew more than 1700 bicycle retailer and industry members to Park City, UT for three days of meetings and riding during which participants discussed, placed or took orders for more than 200 brands for SS 2012, according to show promoter Lifeboa
Salomon Taps Reebok Exec to Head up U.S. Apparel Effort
Salomon Sports named Jim Howard as its new vice president of Salomon Apparel USA, where he will develop the annual sales plans and budget, market analysis, account forecasts and sales goals as well as long-term objectives for the future growth of the busi
American Rec Names Gorder as Isis VP
American Recreation hired former Smartwool manager Kelly Gorder as brand vice president for Isis, the women's activewear line it just relocated from Vermont to Boulder, CO, where it will operate alongside American Rec's other outdoor brands…
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