Add Clarus Corp. to the growing list of beneficiaries of the record-setting 2018/19 ski and snowboard season. Historic snowfall led to the fourth-highest number of skier visits at resorts across the U.S., and it fueled winter sports enthusiasts to buy more products from brands like Clarus’ flagship, Black Diamond Equipment.
Author: SGB Media
Sturm, Ruger’s Q1 Revenues Slump 13 Percent
Sturm, Ruger & Company Inc. reported earnings slid 8.6 percent in the first quarter as sales slumped 13.1 percent.
Gordon And Lord Selected To Lead SFIA’s Baseball/Softball Council
The Sports & Fitness Industry Association (SFIA) announced new co-chairs of the Baseball/Softball Council.vAndrea Gordon, CEO of Diamond Sports, Inc. has been chosen to represent the baseball sector of the committee, and Tim Lord, Senior Director of Product Marketing and Development at Dudley Softball & Spalding Baseball will represent the softball side.
Hydro Flask Expands Distribution In Hong Kong And Latin America
Hydro Flask will expand its growing global presence within the Asia-Pacific market while also entering the Latin American market.
Brooks Running Extends Partnership With Marine Corps Marathon
Brooks Running Company and Marine Corps Marathon Organization (MCMO) have agreed to extend their relationship for another five years.
OIA Criticizes Potential Move To Raise Tariffs
In response to President’s Trump threat to increase tariffs on Chinese goods, Patricia Rojas Ungar, OIA vice president of government affairs, said in a statement that raising tariffs would be “devastating to American families and businesses.”
AAFA Condemns Latest Tariff Escalation
The American Apparel & Footwear Association strongly condemned the announcement that the Trump administration plans to increase tariffs on U.S. imports from China, as referenced by the President via Twitter on Sunday.
Weyco’s Earnings Soar Behind Strong Showing From Bogs
Weyco Group Inc. reported net sales for the first quarter ended March 31 of $74.1 million, up 7 percent compared to first quarter 2018 net sales of $69.5 million. Bogs net sales were up 23 percent for the quarter, due primarily to higher sales to outdoor and online retailers.
Slovenia’s Elan Sold To KJK
KJK Management has completed the purchase of 100 percent of the shares of Elan d.o.o., the Slovenian sporting goods company best known for its skis and snowboards.
Delta Apparel Q2 Boosted By Triple-Digit Growth In Digital Printing
Delta Apparel’s profits in its second quarter ended March 30 were pulled by many expected and some unexpected cost pressures. Sales managed to increase almost 3 percent as continued momentum at DTG2Go offset weather-related sales declines at Salt Life and Soffe.
Advertising Missteps Sink Nautilus’ Q1 Performance
Leaders at Nautilus Inc. must be happy to put the first quarter behind them. Not only did the period see the company lose its CEO, but Monday’s first-quarter earnings report revealed much deeper problems than a C-suite transition, starting with advertising missteps that diminished its direct segment revenue.
Rhone Opens Store In Manhattan
Rhone, the men’s performance lifestyle brand, opened its first permanent store at Hudson Yards in Manhattan.
Norwest Equity Partners Names Tony Armand As Newest Investment Partner
Norwest Equity Partners (NEP), a leading middle market investment firm, has announced the expansion of its leadership group with the naming of Tony Armand to partner.
PeopleForBikes Lists Top Biking Cities
The top five cities for biking are Boulder, CO; Fort Collins, CO; Eugene, OR; Manhattan, NY; and Arlington, VA, according to the 2019 PlacesForBikes City Ratings from PeopleForBikes.
RYU Apparel Delays Financial Filings
RYU Apparel Inc. announced that it has been delayed in filing its audited annual financial statements for the year ended December 31, 2018.
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