Jarden Corporation reported solid top-line growth and better than expected adjusted EPS and net income. The sales growth was in large part due to its acquisition K2 Inc. and Pure Fishing, both of which closed in August of this year. On the bottom line, mu
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Luxottica Sees Sunglass Hut Drive Growth in N.A…
Luxottica Group management shed some light on the thinking behind their $2.1 billion deal to buy California sports optics maker Oakley Inc., pointing out in a conference call with analysts that North American sales of premium sunglasses were a bright spo
LaCrosse Q3 Sales Increase 12% Despite Warmer Weather…
LaCrosse Footwear Q3 sales rose 12% to $36.9 million from $32.8 million. Outdoor segment sales rose 7% to $21.8 million; work revenues grew 20% to $15.1 million from $12.5 million.
SIA Moves Trade Show to Denver for 2010…
SnowSports Industries America (SIA) will move its annual trade show to Denver from Las Vegas starting in January 2010. SIA has signed an agreement to hold the event in Denver for ten years. Speaking to BOSS , Bob Gundram, who is chairman of SIA's tr
Garmin Reports 24% Rise in Fitness/Outdoor Sales
Garmin Ltd. said its outdoor/fitness sales grew 24% to $88 million in the third quarter and that retail orders indicated holiday sales of personal navigation devices, or PNDs, would be strong. Outdoor/fitness was the second largest and third fastest grow
Grassroots Adds Idaho Mountain Touring to Membership…
The Grassroots Outdoor Alliance welcomed Idaho Mountain Touring to its membership ranks, the organization’s 34th member and 73rd store. Chris & Jill Haunold, owners of IMT, said that the main reasons they pursued joining Grassroots were “the pooling of re
Pacific Cycle Q3 Earnings Decline as Sales Inch-Up…
Dorel Industries Inc., the parent company to Pacific Cycle, which includes the Schwinn, Mongoose and GT brands, saw third quarter revenue increase slightly to $440.1 million, compared to $436.3 million last year. Net income for the three months was $26.4
OIA Keeps Momentum Going on Capitol Hill…
Representatives from Outdoor Industry Association, REI, Columbia Sportswear, VF Outdoor/The North Face, REI, Scent-Lok Technologies, W.L. Gore and Associates and General Electric/eVent spent two days on Capitol Hill this week. The main item on the agenda
Danish Football Federation Extends Deal with Adidas
Adidas has extended its sponsorship deal with the Danish Football Federation (DBU) until 2012. The deal includes using Adidas equipment and jerseys for the 13 national teams including the men's and women's teams. The agreement did not include fo
Adidas Extends Deal with NBA’s Dwight Howard
Adidas and Orlando Magic NBA All-Star center, Dwight Howard, announced a multi-year partnership extension agreement. Howard is a key component of the new adidas Basketball movement, “Basketball is a Brotherhood.”…
Li and Fung Acquires U.S. Kids Sleepwear Firm
Hong Kong's Li & Fung agreed to acquire American Marketing Enterprises, a New York-based private label sleepwear firm, for around $128 million. AME's brand portfolio holds over 40 licenses with top licensors and includes Spiderman, Hanna Montana
Loop’d Network Inks Deals with Oakley/PacSun
Loop'd Network, a social media platform exclusively for online sports communities, said it had created online communities for both Oakley, Inc. and Pacific Sunwear. Loop'd Network also reached deals with Monster Energy (Hansen Co.) and Surfer Ma
Rocawear Signs First Fragrance License
Rocawear, which was acquired by Iconix Brand Group in March 2007, has signed its first license agreement for fragrance with Elizabeth Arden, Inc. A debut fragrance is planned to launch in the fall of 2008. Financial terms were not disclosed…
Perry Ellis to Manage Gotcha Brand in Europe
Perry Ellis International, Inc. and Quiksilver Europe, a division of Quiksilver Inc., announced their mutual agreement regarding a change in licensing rights for the GOTCHA brand in Europe. As of November 1st 2007, Perry Ellis will handle the development
Patagonia, prAna, REI, Nike and Timberland Earn Green Honors
Patagonia, prAna, REI, Nike and Timberland were ranked among the top ten retail frontrunners in leading the way toward sustainability at retail, according to Juice Energy, an electricity supplier with a focus on renewable sources. Others making the list w
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