Execute Sports Inc. announced several strategic initiatives for the rest of 2007 and summarized key achievements for the past 18 months including the closures of Eagle Rider clothing, Kampus wakeskates and Collective Development bags as well as office and
Author: SGB Media
OIA Lobbying Effort Helps Secure Recreation Funding
Outdoor Industry Association extended its thanks the U.S. House of Representatives, Interior Appropriations subcommittee, for its funding commitment to close to home recreation infrastructure as well as its support of a substantial funding increase for th
SIA: Specialty SnowSports Sales Flat for ’06-’07 Season
Specialty stores, buoyed by strong early and late season sales in the East and Midwest and consistently strong sales in the Rockies and West, finished the August through March selling season with $1.8 billion in sales, flat compared to last year's re
Dick’s Sporting Goods Hits Top-End of Q1 Guidance with Positive Comps
Dick's Sporting Goods, Inc. first quarter Net income increased 90% to $21.7 million and earnings per diluted share increased 81% to 38 cents, compared to prior year net income of $11.4 million, or 21 cents per share. Net sales for the quarter increas
Thule Acquires Norwegian Trailer Distributor
Thule acquired its Norwegian distributor of trailers in Norway, Brenderup Tilhengersenter AS. The company has 10 employees and sales of about 40 million Norwegian krona ($6.6 mm). The unit will be integrated into Thule's business area Trailers, which
NFL, GSIC and QVC Ink Strategic Alliance
QVC, the National Football League and GSI Commerce Inc. have entered into a strategic alliance to create a new, multichannel marketing opportunity for NFL-licensed products. Under terms of the agreement, QVC will become the NFL's “official television
Zoic Sponsors 16,000 Mile Bike Ride
Zoic Clothing has sponsored Biking for a Better World, Inc. through outfitting a four man bicycling team pedaling from Purdue Bay, Alaska to Ushuaia, Argentina. Beginning on June 15th, 2007, this team will begin their 16,000 mile journey, riding unsupport
Foot Locker Q1 Net Income Drops 71.2% on Negative Comps
Foot Locker, Inc. net income for the first quarter ended May 5, 2007 was $17 million, or 11 cents per share, as compared with $59 million, or 38 cents per share, last year.
First quarter sales decreased 3.6% to $1.316 billion, as compared with sales of $
Burton Teams Up with Jeans Designer for Apparel Line
Paul Smith Jeans and Burton Snowboards have joined forces once again for an exciting new design project that combines Burton’s innovative fabric technology and construction techniques with Paul Smith’s signature designs. Three traditional Paul Smith cloth
Orange 21 Q1 Sales and Income Flat
Orange 21 Inc. consolidated net sales were flat at $9.4 million for the three months ended March 31, 2007 and 2006. A net loss of $1.8 million was incurred for the three months ended March 31, 2007 compared to a net loss of $1.7 million for the three mont
Perry Ellis Q1 Income Out-Paces Sales
Perry Ellis International, Inc. first quarter total revenues grew to $228.8 million, a 7% increase compared to $214.0 million reported in the first quarter of 2006. Revenue increases were driven by several of the Company's growth platforms – golf lif
EMS Opens New Flagship Store
Eastern Mountain Sports celebrated the official grand opening of its new location in Harvard Square, which was named the new flagship store for the New England-based company. Its reformatted store is double the size of its previous location and allows for
Peregrine Inks Deal with Z-Medica
Z-Medica Corporation inked a deal with Peregrine Outfitters to distribute to the retail, wilderness and outdoor industry its first two products for consumers, QuikClot Sport™ and QuikClot Sport Silver™.
Gander Mountain Sees Positive Q1 Comps; Loss Narrows
Gander Mountain Company first quarter sales increased 13.0% to $175.7 million and comparable store sales increased 1.0% versus Q1 of the prior year. Losses from operations were $18.9 million, or 10.7% of sales, versus $19.0 million, or 12.2% of sales for
Petzl Launches Co-Branded Advocacy Effort with HERA
Petzl America is launching a partnership with the HERA (Health, Empowerment, Research, and Advocacy) Foundation, in which sales proceeds of a co-branded carabiner will raise funds for HERA’s initiatives in treating ovarian cancer. HERA is a non-profit fou
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