FGX International said its sales of sunglasses and prescription frames rose 8% to $18.1 million, in the first quarter ended March 29. The company attributed the increase in sales in the sunglasses and prescription frame segment to new product launches and
Author: Charlie Lunan
Z-Man Fishing Buys Rights to Chatterbait
Z-Man Fishing Products, Inc. said an affiliate has acquired from Rad Lures, Inc. all of the trademarks, patents, designs, trade dress rights and other intellectual property associated with the Chatterbait brand. Included in the deal is the popular origina
Cabela’s Posts Hefty Gains in First Quarter
Cabela’s Incorporated reported that its total revenue for the first quarter ended March 29 increased 15.9% to $535.5 million despite an 8.4% decline in same store sales. While direct sale dipped slightly, revenues from credit card operations rose 13.9% to
Dorel’s Bike Division Reports 54.9% Q1 Sales Increase
Dorel Industries Inc. said total revenue rose 54.9% at its Recreational/Leisure division to $136 million for the first quarter ended March 31. Gross profits and earnings from operations at the division more than doubled. While newly acquired Cannondale Bi
Gander Mails First Catalog in 12 Years
Gander Mountain Company said it mailed its first catalog in 12 years, a 324-page book containing products from its recently acquired Overton's subsidiary, Gander Mountain and other vendors. The mailing occurred just four months after Gander paid $70
Chinese Snap up Japanese Brand for 20 Cents
A Chinese sporting goods company is expected to close today the acquisition of Japan's leading ski brand – Phenix – for a mere 2 Yen, four years after the Japanese government tried to rescue the company from failure. China Dongxiang (Group) Co., Ltd
Few Lures Brand Manager Back to New Zealand
FEW New Zealand, a lifestyle apparel brand with ties to surfing, has lured kiwi Lucy Wildman back to the homeland as its Brand Director. Wildman spent the last two years at FGX International, the optics company that markets Anarchy, Body Glove, Foster Gr
Interbike on Track to Match or Exceed 2007 Sales
Interbike said it has sold 88% of the exhibition space for the indoor portion of its 2008 International Bicycle Expo, putting it on pace to meet or exceed last year's record-breaking number of more than 313,000 square feet of net-sold exhibit space..
Forest Service Awards Grants to Get Kids Outdoors
The U.S. Forest Service has awarded a half-million dollars in matching funds to get more kids outside and connecting with nature. The awards plus matching funds by partners will top $2 million. Partners in these projects represent schools, environmental a
Volcom Sales Soar 58.5% in First Quarter
Volcom, Inc. said total consolidated revenues for the first quarter ended March 31, 2008 increased 58.5% to $80.6 million, compared with $50.8 million in the first quarter of 2007. The company upped its guidance for the year…
FDA Review Finds BPA Products Pose no Health Threat
The U.S. Food & Drug Administration said that based on an ongoing review of research begun April 14, it believes that FDA-regulated products containing bisphenol-A (BPA) are safe and that exposure levels to BPA from food containers are below those that ma
REI Recognized by World Retail Congress
Recreational Equipment, Inc. was named the “Employer of the Year” at the 2008 World Retail Congress held in Barcelona, Spain earlier this month. The event draws global business leaders from more than 45 countries that discuss organizational successes and
The Amazing Andy Knapp Inducted into Hall of Fame
Andy Knapp, an amazing outdoorsman, veteran buyer for Midwest Mountaineering and cancer survivor, has been inducted into the Midwest Mountaineering Minnesota Adventurers and Explorers Hall of Fame. In the last 46 years, he has traveled more than 156,000 m
Backcountry.com Purchases Renewable Energy Credits
Backcountry.com said it will offset 100% of its electricity use by purchasing 1,500,000 kilowatt hours (kWh) of renewable energy credits (RECs) from Boulder, Colo.-based Renewable Choice Energy…
Accell N.V. Reports Higher Sales and Profits
Netherlands-based Accell Group N.V., which claims to be the leading seller of bicycles in Europe, said that its turnover and profit in the first months of 2008 were higher than in 2007 thanks in part to its recently completed acquisition of Ghost Mountain
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