The Buckle, Inc. continued to bury its competition, posting impressive results in an otherwise dreary retail third quarter as the self-described “denim destination” continued to ride strength from online sales and growing comps. Net sales for
Author: sportsoneauthor
Golf a Bright Sport in Tough Third Quarter for Perry Ellis
Perry Ellis, Inc. sales fell 19.7% to $178.6 million in the third quarter from $222.8 million in the year-ago period. Nearly all the decline came from the exit of businesses, including the PING golf apparel line, Dockers outerwear as well as certain priva
New Pack Brands From VF Outdoor Aimed at Club and Other Mass Channels
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
Deckers Wins Ugg Copyright Lawsuit
Deckers Outdoor Corp. won a copyright infringement lawsuit against a Melbourne, Australia firm over the sale of counterfeit Ugg boots. An Australian court has ordered the company, Hepbourne, to pay Australian $7.5 million (U.S. $6.9 mm) to Deckers…
Orange 21’s Q3 Sales Fall 27%; Posts Loss…
Orange 21 Inc. reported that consolidated net sales for the three months ended Sept. 30, were $8.8 million compared to net sales of $12.0 million a year ago. The company incurred a net loss of $1.1 million for the quarter compared to net income of $6,000
Accell Group Affirms 2009 Earnings Will Rise 10%
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
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