Oakley pointed to the lack of a new break-out model in its Sunglass line this year and heavier spring retail inventories that carried over into Q3 as reasons for the fairly sharp decline in its core Sunglass business for the third quarter…
Author: SGB Media
K2 Gets Sales Benefit from Acquisitions, but Earnings Suffer…
K2, Inc. saw third quarter earnings in line with analysts’ estimates as the company reported a 140 increase in pro-forma diluted earnings per share based on the acquisition of Rawlings last year. The pro forma EPS figure was calculated at five cents for
Acquisitions Hide Declines at VF Corp…
VF Corp. saw “stronger-than-expected” sales from its core businesses in the third quarter and “higher–than-expected” profit contribution from the recently-acquired Nautica Enterprises, Inc. The Outdoor Coalition, which includes The North Face, JanSport a
Consumers Still Look to Price First…
Based on research conducted by BIGresearch for the National Retail Federation, consumers this holiday are still see price driving their destination and they expect to hit the stores earlier this year to get what they need. On the receiving end, consumers
As Retailers See Better Margins from Tighter Inventories…
Analysts concur with NRF when it comes to the “Buy Early” scenario, suggesting many could be out of luck if they wait until the last minute. Still, with no “must have” items in the market this year, it may be tough to convince the consumer that retailers
Woodman Opens US Office
Woodman Components has opened Woodman Components USA Inc. The Taiwan based frame and component maker has established a full-time satellite office and has named Jim Vincent Jr. as President. The main focus of the US office will be to build awareness of the
180’s and EntreQuest Form Mentoring Program
180s and EntreQuest formed a corporate youth mentoring program — b4students Foundation. The mentoring program teaches self-improvement and business development skills to underserved, ‘at promise’ Baltimore city middle school and high school students. The
JanSport Receives Continental Divide Trail Alliance Corporate Award
Jansport was recently presented with the Continental Divide Trail Alliances' prestigious Corporate Award. The annual award recognizes a company that has committed significant time and resources to the completion and protection of the CDT…
Marmot, Gore and ADG Team Up To Create Electro-Luminescent Jacket
The Marmot Project Team, the W.L. Gore & Associates, Inc. Advance Development Group and the R&D department of Novatech Electro-Luminescent, Inc. of Chino, California, are collaborating in the development of a new, wearable technology concept garment named
Burton Expands Sales Force
Burton Snowboards recently added horsepower to its sales management team, strengthening resources at Burton’s headquarters, in the rep force and the eastern U.S. sales regions…
Saks Sees Leadership Changes
Retailer Saks Incorporated announced that Christina Johnson has resigned as President and Chief Executive Officer of Saks Fifth Avenue Enterprises to devote more time to family matters…
All New All-New Balance Store
Sierra Multi-Brand, Inc. and New Balance Athletic Shoe, Inc. announced today, the GRAND RE-OPENING of the premiere Santa Barbara New Balance store on October 27, located at 607 State Street, Santa Barbara, CA…
Bell Takes Over For Dagger In The Canoe Business
Dagger kayaks, a division of WaterMark, announced it is
leaving the canoe business to focus solely on kayak production. The decision is effective immediately. Bell Canoe Works, of Zimmerman MN, struck a two-part deal with WaterMark that will help fill the
OR Named One of The Fastest Growing Tradeshows
Outdoor Retailer has been named by Tradeshow Week (TSW) as one of the 50 fastest growing tradeshows in North America in recognition of its net square footage growth from 2000-2002…
Trango Triples Sales Force
The number of reps for Great Trango Holdings brands has nearly tripled since June 1 as the company closes in on its goal to add more man and woman-power to its sales efforts…