Polartec, LLC, the developer of Polartec performance fabrics, has created a new athlete advisory board. The diverse, international group of world-class climbers, skiers, alpinists, cyclists, adventure racers and multi-sport athletes will test product yea
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Golfmith’s Earnings Slide 21% in Second Quarter
Golfsmith International Holdings, Inc. reported second quarter revenues slid 11.7% to $114.8 million from $130.0 million a year earlier. The decline reflects 9.5% decrease in comparable store sales and a 28% tumble in revenues from its direct-to-consumer
New Cycling Equipment Manufacturers Group Formed
The cycling equipment industry announced the formation of the Global Organization of Cycling Equipment Manufacturers (GOCEM) with the objective of providing a unified voice for the cycling industry…
Cabela’s Q2 Comps Climb 6.1%, Earnings Gains 24.7%
Cabela's reported revenues for the second quarter of 2009 increased 4.4% to $549.2 million from $526.0 million a year ago. Net income climbed 24.7% to $9.1 million, or 14 cents a share, from $7.3 million, or 11 cents, a year ago…
Outdoor Retailer Show Sees Decline in Attendance
Outdoor Retailer said it “did see a dip in overall attendance” at its recent Summer Market show but the event still tallied more than 18,000 overall attendees (approx. 5,000 buyers)…
OIWC Seeks Nominations for Female Bike Industry Leadership
The Outdoor Industries Women’s Coalition (OIWC) is accepting nominations for the 2009 bike industry Pioneering Woman and First Ascents awards…
Profits at Steve Madden Jumps 59.1%
Steve Madden reported second quarter net sales increased 6.5% to $116.5 million. Net income jumped 59.1% to $12.1 million, or 66 cents a share, from $7.6 million, or 43 cents, a year ago…
Head Sees 10% Decline in First Half Sales
Head N.V. said that for the first six months of the year, it expects net revenues at constant currency to be up to 10% below those achieved in the first six months of 2008…
SGMA: About Half of America Population Physically Active
While more than 170 million Americans are active in a fitness, team sports, recreational, or outdoor endeavor, nearly 45 million are only casually active and more than 60 million Americans are not active at all, according to the Sporting Goods Manufacture
Zappos CEO Will Pocket Plenty in Amazon Deal
Amazon.com revealed details of its acquisition of Zappos in a filing with the Securities and Exchange Commission Monday. The filing notes that Amazon began discussing an acquisition of Zappos in 2005 and indicates that Tony Hsieh, the online footwear reta
Confluence Watersports Establishes Accessories Division
Confluence Watersports is bolstering the Harmony and Adventure Technology brands by creating an independent Accessories Division. Chris Pageau has recently been hired as general manager to lead the new division…
Timberland Posts $19.2mm Q2 Loss as Revenues Slide 14.4%
The Timberland Company reported a second-quarter loss of $19.2 million, or 34 cents a share, versus a deficit of $18.9 million, or 32 cents, a year ago. Revenue declined 14.4% to $179.7 million, reflecting declines in Timberland brand apparel and casual f
OIA Survey: Outdoor Independents Show Mixed Results in 2008
According to the 2009 OIA Retail Financial & Operations Performance Report, independent retailers in the outdoor space reported that their inventory turns have dropped while their days on hand have increased since the group was last surveyed in 2007…
Canada Goose Joins the Conservation Alliance
Canada Goose, the Canadian manufacturer of down-insulated outerwear, has become the first Canadian outerwear brand to join the Conservation Alliance, an organization dedicated to the support and conservation of threatened wild places across North America.
Second-Quarter Profits at Hanesbrands Drop 46.7%
Hanesbrands Inc., the parent of Champion and Hanes, reported total sales in the second quarter declined by 8% to $986.0 million, while GAAP earnings per diluted share were 32 cents a share, compared with 60 cents in the year-ago second quarter. Excluding
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