With its lifestyle, performance and kids’ footwear all cooking with gas, Skechers USA Inc. reported sales rose 40.5 percent in its first quarter, to $768 million, marking the highest quarterly revenues in the company’s history…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
SFIA: Industry Surpasses $84 Billion in Wholesale Sales
The sports and fitness industry grew 3.5 percent in 2014, representing $84.3 billion in wholesale sales in the U.S, according to the 2015 Manufacturers’ Sales by Category Report published by the SFIA. The $84.3 billion is an increase of over $10 bil
Kohl’s Launches Gaiam Collection
Kohl’s Department Stores said Thursday it has begun selling an exclusive Gaiam women’s apparel collection at stores nationwide and Kohls.com…
Jarden Reports Outdoor Solutions Sales Declined in Q1
Jarden Corp. reported sales at its Outdoor Solutions segment fell 8.6 percent to $624.9 million from $684.1 million a year ago…
HanesBrands Q1 Revenues Expand Double-Digits
HanesBrands, the parent of Champion, Gear for Sports and Knights Apparel, reported sales increased 14 percent to $1.2 billion in the quarter ended April 4, while adjusted operating profit excluding actions increased 16 percent to $133 million and adjusted
VF Exec Joins ArchPoint
ArchPoint, a consulting firm, reported that Rick Wood, formerly president of VF Corp.'s Outdoor & Action Sports Coalition for Europe, Middle East and Africa, has joined the company as a partner…
Escalade’s Q1 Profits Surge
Escalade, Inc., which owns a wide range of sports equipment, reported earnings in the first quarter vaulted 55.4 percent to $3.5 million, or 9 cents a share, while revenues climbed 20.6 percent to $33.4 million…
Boston Marathon: Running on the Mend
Like many categories, running was disrupted this year by snowstorms and a long extended winter in the Northeast and Midwest. But discussions with stores and vendors at the Boston Marathon Expo found that the arrival of warmer weather in the latter part of
Wilson Completes Louisville Slugger Acquisition
Wilson Sporting Goods, Co., a division of Amer Sports Corporation, has completed its acquisition of the Louisville Slugger brand from Hillerich & Bradsby, Co., (H&B)…
Shock Doctor and McDavid Finalize Merger
Shock Doctor Sports and McDavid Inc. jointly announced the finalization of the transaction officially merging the two leading sports protection companies. Financial terms were not released and both companies will continue to operate independently for the
Ebay’s Enterprise Segment Delivers Robust Q1 Gains
Ebay reported sales in its Enterprise segment, formerly GSI Commerce, rose 7.1 percent to $288 million from $269 million…
Treksta to Sponsor Banff Mountain Film Festival World Tour
Treksta, the maker of hiking and trail running footwear, has become a major sponsor of the Banff Mountain Film Festival World Tour…
Skechers Q1 Revenues Catapult 41 Percent
Skechers USA Inc. reported sales rose 40.5 percent in its first quarter, to $546.5 million, the highest quarterly revenues in the company’s history. Net earnings rose 81.0 percent to $56.1 million, or $1.10 a share,…
Footwear/International Star in Under Armour’s Q1
Under Armour Inc. reported revenues jumped 25.5 percent to $804.9 million in its first quarter, its 20th consecutive quarter of 20-percent plus revenue growth. On a currency-neutral (c-n) basis, net revenues increased 27 percent for the period…
Quiksilver Investor Renews Calls for a Sale
Activist investor Ryan Drexler of Consac LLC has again renewed calls for Quiksilver to put itself up for sale…
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