Escalade Inc. reported that its key archery category is finally showing some signs of stabilizing but investments in new businesses and e-commerce brought down earnings slightly in the first quarter.
Author: SGB Media
Boardriders Names New Leadership Team
In preparation for the close of its acquisition of Billabong, Boardriders announced the leadership team that will guide the company’s growth across the globe.
Skechers’ Shares Crash On Weak Guidance
Shares of Skechers USA Inc. were trading down about 25 percent in mid-day trading Friday after the company issued softer-than-expected sales and earnings forecasts for its fiscal second quarter following a solid start to the year.
MPOWERD … Luci Inflatable Solar Lights
MPOWERED Luci Inflatable Solar Lights. Providing clean, safe solar lights no matter where or how you live.
Susquehanna International Cuts Nike’s Price Target On Executive Departures
Susquehanna International Group lowered its price target for Nike shares to $59 from $62 due to heightened risks at the company following a number of senior-level departures in recent weeks after allegations of inappropriate workplace behavior arrived.
OIA Announces Friend Of The Outdoor Industry Award
The Outdoor Industry Association (OIA) presented its Friend of the Outdoor Industry Award to Representative Elise Stefanik, Representative Erik Paulsen and Senator Jon Tester for their continued support of the outdoor recreation economy and key issues important to the outdoor industry.
Zinke Signs Secretarial Orders To Increase Recreational Opportunities On Public Lands and Waters
Secretarial Order 3366 directs certain Interior bureaus to create and deliver plans to the Department within 90 days that focus on developing or expanding recreational opportunities on public lands and waterways.
Accell North America Launches Commerce-Enabled Haibike Website Experience
Accell North America (ANA) has brought more new consumers and fulfillment opportunities to the company’s independent bicycle dealers (IBD) channel with the launch of a commerce-enabled website for the company’s ePerformance mountain bike brand, Haibike.
Cherokee Global Brands Earnings Plummet As Challenges Mount
Cherokee Global Brands reported a fourth-quarter loss of $45.6 million, or $3.26 per share, reflecting the impact of a one-time impairment charge of $35.5 million.
Late Season Snowfall Boosts Occupancy Trends At Western Mountain Resorts
Significant snowfall in many regions continued through March and helped slow the downward direction of occupancy for the 2017-18 winter season, according to Inntopia in their monthly DestiMetrics Market Briefing.
Skechers’ Q1 Profits Climb 25 Percent
Skechers USA Inc. reported earnings rose 25.2 percent in the first quarter on a 16.5 percent revenue gain. Led by the company’s international and retail segments, sales came in easily ahead and earnings at the upper-end of expectations.
Independent Lab Testing Gives LifeStraw High Marks
LifeStraw, which develops filtration and purification products for safe drinking water, announced that its water filtration products achieved a removal rate of 99.999 percent of microplastics from drinking water in independent lab testing.
Nike Community Impact Fund Awards $250,000 To Nonprofits & Schools
With the goal of building stronger communities and giving kids positive experiences with sport, play and physical activity, 21 nonprofits and schools in Portland and southwest Washington have been awarded grants totaling $250,000.
Unifi’s REPREVE Named An Official Recycling Partner Of Wyndham Championship
Unifi’s REPREVE was named an Official Recycling Partner of the Wyndham Championship.
Wilson Sporting Goods, NCAA Extend Basketball Partnership Through 2020-21
Wilson Sporting Goods Co. has extended the company’s longstanding partnership with the NCAA for basketball through the 2020-21 season with an additional two-year option.
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