Chinese sporting goods group 361 Degrees International Limited reported big earnings gains in the first half and said it will plow some of them into its fledgling U.S. running footwear business and taking on Columbia, The North Face and Mammut in its home
Author: Charlie Lunan
Leatt Corp.’s Second Quarter Sales up 25 Percent
Leatt Corporation, which is eager to diversify from motorsports into other protective gear markets, reported revenue surged 25 percent in the second quarter…
Mammut Says ‘General Weakening’ Contributed to 1H Decline
Swiss mountaineering brand Mammut is focusing on cutting costs to counter currency headwinds and a “general weakness” in the outdoor market that slowed growth in the first half compared with a year earlier…
361 Degrees Sales Accelerate in First Half
361 Degrees International Limited, which sells athletic footwear to more than 7,400 franchised retail locations in China, reported sales grew 5.7 percent in the first half of the year compared with a year earlier and 22.0 percent over…
Mammut Eyes Costs After Disappointing First Half
Mammut's revenues fell by 4.2 percent in the first half as a negative 5.5 percent impact from exchange rates wiped out a 1.2 percent increase in organic sales…
Springfree Trampoline to Open Fifth US Store
Springfree Trampoline, which has adopted the slogan, “the world’s safest trampoline,” announced it will open its fifth U.S. store in Atlanta, GA, on August 14…
K2 Skis Names Iverson as US Sales Manager
K2 Skis has appointed Peter Iverson as its U.S. sales manager with responsibility for skis, boots, poles, helmets, goggles and accessories…
Kids Foot Locker Foundation Renews Support of Boys and Girls Clubs
Kids Foot Locker Foundation and Boys & Girls Clubs of America (BGCA) are renewing their national partnership, which challenges Club kids and teens around the country to GO BIG…
L.A.’s New Transportation Plan Could Spur Bike Boom
Los Angeles will build hundreds of miles of bicycle lanes as part of a new, long-term transportation plan approved Tuesday that marks a major shift in the city's efforts to fight congestion…
Fortune 5000 List Includes a Dozen Sporting Goods Companies
6 Pack Fitness is the highest ranked sporting goods company to make this year's Fortune 5000 list, which ranks the fastest growing private U.S. companies based on the three year period ended Dec. 31, 2014. This years list includes two SUP manufacture
Safari Club International Defends Hunter’s Role in Conservation
Safari Club International issued a statement defending the role hunters play in conservation in Africa in response to a public backlash against an American dentist who killed a lion alleged lured off a game preserve by his guides…
REI Fills CTO Post from Within, Recruits for New IT Hub
REI named veteran employee Julie Averill as its first chief technology officer and said it is recruiting elite talent to staff a new technology hub near its headquarters…
Macy’s Forms Joint Venture to Explore Chinese Retailing
Macy’s, Inc. has formed a free-standing joint venture with Hong Kong-based Fung Retailing Limited that will begin selling in China in late 2015 through an e-commerce presence on Alibaba Group’s Tmall Global…
Stile Products Adds Carry Freedom Bike Trailers
Stile Products Inc. has added Carry Freedom bicycle trailers to its portfolio of urban cycling brands, which also includes Tern Bicycles, BioLogic, BioLogic accessories and LikeABike…
RILA Says CPSC Pilot Program Could be Less Burdensome
The Retail Industry Leaders Association (RILA) commended the Consumer Product Safety Commission (CPSC) for taking input on the best way to certify imported products comply with U.S. law but said a new pilot program launched by the agency…
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal