While many of the mysteries around the event weren’t resolved, including whether the show will continue in Salt Lake City and what time of the year the show should take place, Outdoor Retailer Winter Market 2015 marked another ringing success…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Asics Revenues Expand Double-Digits in Six Months
Asics reported sales increased 13.4 percent in the six months ended June 30, to ¥221.7 billion ($1.77 bn). Sales rose 7.9 percent in currency-neutral terms. Year-ago figures were restated to reflect a change in how it reports regions. Net income on the ad
Compass Diversified’s Q2 Earnings Up Sharply
Compass Diversified Holdings Inc. (CODI), which owns a number of middle-market companies including Ergobaby and Liberty Safe, reported net income of $26.6 million in the second quarter ended June 30 compared to $12.3 million a year ago…
Fox Factory’s Bike Sales Climb 24 Percent
Fox Factory Holding Corp., the maker of bicycles and power vehicles, reported second-quarter sales increased 12.5 percent to $97.2 million. The sales gain reflected a 23.9 percent increase in sales of bike products…
Iconix Brand CEO Steps Down
Iconix Brand Group, Inc. reported Neil Cole is stepping down from his positions as chief executive officer, chairman and president and as a member of the board of directors. Cole has agreed to serve as a special advisor…
Zumiez July Comps Slump 7.6 Percent
Zumiez Inc. said it now expects EPS during the second quarter to be slightly below our previous announced guidance of 12 cents a share while reporting a 7.6 percent drop in July's same-store sales…
Gordon Seabury’s Top Ten List
On Aug. 4, Gordon Seabury, CEO of Toad & Co., became the next OIA board chairman, replacing Jennifer Mull, Backwoods CEO. On Aug. 5, he delivered his first speech in his new role at the Industry Breakfast at ORSM15, basically detailing why the industry ro
Escalade’s Q2 Revenues Expand 15 Percent
Escalade Inc. reported revenues for the second quarter rose 15.2 percent to $43.8 million. Earnings improved 16.4 percent to $3.2 million, or 23 cents a share, from $2.8 million before charges a year ago…
Fitbit Crushes 2015 Q2 Earnings Expectations
Fitbit Inc., in its first report since going public, reported earnings and sales that blew past Wall Street expectations. Profits adjusted for expenses tied to the IPO rose 179.7 percent to $51.3 million, or 21 cents a share, from $18.3 million, or 9 cent
Rockport Sold to New Balance Affiliate, PE Firm
Berkshire Partners LLC, a Boston-based investment firm, together with New Balance Holding Inc., the investment arm of New Balance, completed the acquisition of The Rockport Company from the Adidas Group. As reported, the business was sold for $280 million
Bogs Q2 Sales Jump 18 Percent
Weyco Group Inc. reported sales of its Bogs footwear brand increased 18 percent in the second quarter ended June 30, to $5.2 million. The gains reflected a broadening of the brand's product line beyond boots, including expanding in women’s and
Neiman Marcus Plans IPO
Neiman Marcus filed for an initial public offering with the Securities & Exchange Commission…
Kids Foot Locker Campaign Stars Rob Gronkowski
Kids Foot Locker debuted “Grown-ups,” a new spot featuring star tight end Rob Gronkowski. The national television campaign supports…
Adidas Acquires Runtastic App
Adidas AG has acquired all outstanding shares of Runtastic GmbH in a transaction that assigns an enterprise value of €220 million to the Austrian fitness app company…
Brooks and Competitor Group Extend Partnership
Competitor Group, Inc. (CGI) and Brooks Running Company announced a sponsorship extension through 2020. The continued partnership, which began in 2010, designates Brooks as the official running footwear, apparel and sports bra of the Rock ‘n’
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