Nike opened its newest retail store at Santa Monica Place in California. The new two-story, 20,000-square-foot location unveils Nike’s newest store concept, including the introduction of Nike+ Run Club and team customization services. The store is t
Author: Charlie Lunan
Mizuno Q1 Profits Surge on Flat Sales
Mizuno reported profits rose 23.0% to ¥1.24 billion ($13 mm) as revenues edged up 0.4% to ¥41.1 billion ($447 mm) in the first quarter ended June 30. The company said rising sales and better inventory management increased its gross margin by 7.4% to ¥17.5
Former New Balance COO Tapped to Head Spira
El Paso-based Spira Footwear announces the hiring of Jim Tompkins, the former president and COO of New Balance Athletic Shoe Inc., as president of the patented WaveSpring-inspired Spira brand…
Gildan Reaches Settlement in 2008 Securities Case
Gildan Activewear Inc. has entered into an agreement to settle all proposed securities class action proceedings filed in 2008 before the Ontario Superior Court of Justice, the Quebec Superior Court and the United States District for the Southern District
DealerCamp Draws 120 Shops and 53 Brands
More than 450 manufacturers, suppliers, retailers, media and advocates convened at the inaugural DealerCamp, July 29-31 at Deer Valley Resort in Park City, Utah, according to event organizer Lifeboat Events. DealerCamp is designed to bring together bicycl
Dorel’s Recreation/Leisure Sales Rise 7.2% in Q2
Dorel Industries Inc. reported total revenue for the quarter ended June 30 was up 10.3% to $607.7 million from $551.1 million for the same quarter a year ago. Net income was $35.1 million or $1.05 per diluted share compared with $24.8 million or 74 cents
Weindruch Replaces Retiring Doyle at Ski and Snowboard Association
National Sporting Goods Association (NSGA) Director of Communications Larry Weindruch has been appointed to serve as the second president of the National Ski & Snowboard Retailers Association (NSSRA), succeeding Thomas B. Doyle, who is retiring this fall.
“Black Diamond and Gregory Revenues Rose 4% in April and May”
Sales by Black Diamond Equipment Co. and Gregory Mountain Product rose 4% in April and May to $23.7 million, according to pro forma financial information released by the public company they now operate under. The figures were released in the first earning
House Approves Full Funding for LWCF
The House of Representatives passed a bill Friday that will grant full and guaranteed funding for the Land and Water Conservation Fund. The Consolidated Land, Energy, and Aquatic Resources Act of 2010 (H.R. 3534) will dedicate $900 million each year to L
Nathans Performance Gear Named GOA Vendor
Nathan Performance Gear, a leader in hydration, reflective and multisport gear and accessories, has joined Grassroots Outdoor Alliance as a Vendor Partner…
Black Diamond Equipment Beefs up Global Sales Team
Black Diamond Equipment Ltd. announced a new round of hires and several key personnel changes to strengthen its sales force and to better meet their strategic growth objectives…
Sec. Salazar Expected to Host AGO Listening Sessions at OR
Secretary of the Interior Ken Salazar is among the Obama Administration officials expected to host an America's Great Outdoors listening session at the Outdoor Retailer show Tuesday, according to Outdoor Industry Association. OIA urges OR attendees t
Columbia Sportswear to Present to Investors, Analysts at OR
Columbia Sportswear Company will host a presentation for analysts and investors at the 2010 Outdoor Retailer Summer Market tradeshow next week in which members of senior management will discuss the company’s innovation and brand strategies…
Brunswick Q2 Earnings Rebound on Boating Turnaround
Brunswick Corporation motored to $1.0 billion in sales in the second quarter ended July 3 as boating dealers rushed to restock their inventories. Rebounding sales of boats and marine engines combined with recent cost cutting to improve margins, resulting
Cabela’s Reports Record Q2 Profits
Cabela’s Incorporated reported record second quarter fiscal 2010 earnings on a 240 basis point improvement in operating margins. The company said operating income rose 62% due to the strong performance of World’s Foremost Bank, higher merchand
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