Asics America Corporation is forecasting high-single-digit growth for the 2010 fiscal year, thanks to continued growth in its running footwear business and strong sell-in for its apparel business. The company is estimating that revenues will increase betw
Author: sportsoneauthor
Food Safety Enhancement Act May Ban BPA in Food Containers
The U.S. House of Representatives passed the Food Safety Enhancement Act of 2009 late last week and as a part of the legislation, Bisphenol A may be banned for use in plastic water bottles…
OIA Survey: Outdoor Independents Average only 2% Profit Margin
According to the 2009 OIA Retail Financial & Operations Performance Report, the average outdoor retailer achieved sales of $2.46 million but notched a measly pre-tax profit of only 2% of sales. But the survey also showed that some stores are doing much be
OIA Board Members Urge Paddlesports Industry to Cooperate
At the Outdoor Retailer Summer Market show last week, Canoe & Kayak Magazine announced the 2010 launch of a new paddlesports-specific tradeshow in Minneapolis. A group of current and past OIA board members recently sent an open letter to the paddlesports
Confluence Opens Accessories Division
Confluence Watersports is creating an independent Accessories Division which will include the Harmony and Adventure Technology brands. To lead this new division, Chris Pageau has recently been hired as general manager. In addition, the Adventure Technolog
New Cycling Equipment Group Formed
The cycling equipment industry has come together to form the Global Organization of Cycling Equipment Manufacturers (GOCEM) with the objective of providing a unified voice for the cycling industry. GOCEM said its long-term mission and goal is to pursue a
Warne Scopes Mounts Announces Purchase of Bold Ideas
Warne Manufacturing, manufacturer of steel scope rings and bases as well as OEM components and assemblies for other companies, announced the acquisition of the aluminum products manufacturing facility Bold Ideas…
Swanson Russell Named Marketing Lead for Geonav Marine Electronics
Johnson Outdoors has tabbed Swanson Russell to lead marketing efforts in Europe and the United States for its Geonav brand of marine electronics. Headquartered in Racine, WI., Johnson Outdoors Inc. acquired the Italian-based Geonav company in 2007. Produc
Brunswick Q2 Sales Plummet on Sinking Engine, Boat Sales
Brunswick Corporation reported net sales for the second quarter of 2009 were $718.3 million, down from $1,485.4 million a year earlier. For the quarter, the company reported an operating loss of $145.4 million, which included $35.5 million of restructurin
West Marine Q2 Sales Slip 5%; Earnings Up
West Marine reported net revenues for the thirteen weeks ended July 4, 2009 were $215.4 million, a 5.0% decrease compared to net revenues of $226.7 million for the thirteen weeks ended June 28, 2008. Comparable store sales declined 1.0% versus the same pe
Sport Supply Group Acquires Team Sports Assets of Har-Bell Athletic Goods
Sport Supply Group, Inc. said it has acquired certain team sports assets from Har-Bell Athletic Goods of Springfield, MO. Bryan Tucker, Owner of Har-Bell, will be employed by SSG as will his existing sales force in Missouri. Sport Supply did not assume an
Beretta Reports Record Sales In June
Beretta U.S.A. Corp. recently announced June results. “We are extremely pleased by our commercial pistol market sales”, said Gary Ramey, VP of Sales & Marketing, “June sales are up 219% compared to last year. All of our pistol families are performing very
Duck Stamp Receives Conservation Boost from House
Waterfowl habitat conservation is moving closer to keeping pace with the skyrocketing land values of the past several years today, as the House Natural Resources Committee passed the Migratory Bird Habitat Investment and Enhancement Act, sending the bill
Crosman Corporation Names Pair to Positions
Crosman Corporation, international designer, manufacturer, and marketer of a wide range of products for the shooting sports, has appointed Brad Webb as its new National Sales Manager. The former vice president of sales national accounts at Primos Hunting
Smith and Wesson Earns Shooting Industry Awards
Smith & Wesson Corp., said it has received top awards in two categories from the Shooting Industry Academy of Excellence. Smith & Wesson was named the “Manufacturer of the Year” and also received the “Rifle of the Year” award for the company's M&P15
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