European bike maker Accell Group N.V. of the Netherlands affirmed last week its profit and turnover, or revenue, expectations for 2009. Based on sales for the period up to and including October and the prospects for the last two months of the year, the co
Author: SGB Media
Johnson Outdoors Finishes 2009 Poised for the “New Normal”…
Johnson Outdoors Inc. sales declined 20.1% to $65.3 million in the fiscal fourth quarter ended Oct. 2, but losses declined significantly in comparison to a year ago when the company took $44.5 million in non-cash goodwill and asset impairment charges…
Phoenix FW’s Q3 Revenues Fall 32%
Phoenix Footwear Group, Inc. reported final profit for the third quarter of fiscal 2009 was $60,000, or 1 penny per share, compared to a net loss of $2.1 million in the year-ago period…
Adidas to Make Euro 1 Sneakers
Adidas has reached an agreement to make €1 sneakers for millions of people around the world who cannot afford to buy shoes, with pilot production to begin next year in Bangladesh. The move, according to the Daily Telegraphy, was inspired by Banglade
TAF Parent Slashes Q3 Loss; Revenues Down 11%
NexCen Brands, Inc., the parent of The Athlete's Foot, cuts its loss in the third quarter ended Sept. 30, to $1 million, or 1 cent a share, from $38.4 million, or 68 cents, in the year-ago period. Excluding businesses that have been sold, the year-ag
VF Outdoor Launches Value-Oriented Backpacks
VFC is launching two new backpack brands, Wolf Creek and L8R, in an effort to address a broader audience and leverage the company’s strong sourcing structure. The two brands were created to help retailers in both existing and new channels who have b
TNF Expands Local PlanetExplore Web Presence to Denver
The North Face launched a new Denver local marketing site dubbed, “PlanetExplore.” The website is billed as a new online community that connects people to the outdoors in meaningful ways by serving as a hub for local outdoor activities and eve
OIA: Piper Jaffray Survey Shows Improvements in Sales, Inventories and Employment are Likely
Outdoor Industry Association and Piper Jaffray Companies recently concluded their fourth survey of OIA member-company executives in 12 months with respect to their view of current economic prospects, recovery timeline, cost inflation, and the effect of a
ATF Authorizes Manufacturers to Streamline Required Firearms Markings
The Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) issued a ruling authorizing licensed manufacturers who perform a manufacturing process on firearms for another licensed manufacturer not to place their serial numbers and other required identif
Pheasants Forever Adds Conservation Program Experts in North Dakota
Pheasants Forever is expanding its Farm Bill Biologist program in North Dakota with the addition of two new positions created in partnership with the U.S. Department of Agriculture’s Natural Resources Conservation Service (NRCS) and local Soil Conse
Gait Lacrosse Names Grassroots Marketing Manager
Gait Lacrosse, a division of Jarden Inc. that includes sporting goods brands such as Rawlings, Worth, Miken, JT Sports, license products and deBeer, said Bryan Bendig has joined the its team as the Grassroots Marketing Manager…
Orange 21 Q3 Sales Fall 21%
Orange 21 Inc. reported consolidated net sales for the three months ended Sept. 30, 2009 were $8.8 million compared to net sales of $12.0 million for the three months ended Sept. 30, 2008…
Zumiez Q3 Sales Inch Up 0.8%; Comps Fall 8.0%
Zumiez Inc. reported total net sales for the third quarter ended Oct. 31, 2009 increased 0.8% to $113.2 million from $112.2 million in the third quarter ended Nov. 1, 2008. The company posted net income for the quarter of $5.1 million or 17 cents per dilu
US Bank Extends FLW Outdoors Sponsorship
FLW Outdoors said US Bank has extended their sponsorship with FLW Outdoors, marking their 7th consecutive year as a sponsor and the official bank of FLW Outdoors. Terms of the agreement were not disclosed…
Int. Secretary Salazar Urges Americans to Connect with Nature
Secretary of the Interior Ken Salazar announced the launch of an extensive public service radio campaign urging Americans to connect with nature and visit a National Wildlife Refuge…
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