Mission Athletecare, the startup looking to jumpstart the thermoregulation category, last week raised $35 million of growth capital for organic and M&A expansion in its core cooling and heating categories. As part of the new investment, Hap Klopp, the fou
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Asics America Surpasses $1 Billion Target in 2014
Asics America Group, which includes the U.S., Brazil, Canada and Mexico, announced that it surpassed $1 billion in net sales for the first time in 2014. Sales reached $1.1 billion, up 14.9 percent year on year.
FGL Sports Comps Grow 5 Percent in Q4
Canadian Tire reported sales at FGL Sports rose 15.0 percent in the fourth quarter. Same-store sales grew 4.9 percent, led by 9.4 percent growth at its flagship Sport Chek banner…
West Marine Reports 4Q Loss
West Marine grew its gross margin 330 basis points and narrowed its losses in the fourth quarter as sales increased 8.9 percent to $129.4 million…
Iconix’s Q4 Revenues Increase 7 Percent
Iconix Brand Group reported fourth-quarter revenues rose 6.8 percent to $112.4 million…
Timbuk2 Opens First Retail Store in Japan
Timbuk2 opened its first brick-and-mortar store in Kyoto City, Japan. It also expanded its Custom Bag Builder for the first time into a language other than English…
Specialized Creates Foundation
Specialized has established a 501(c)(3) foundation to help fund original research and programs that improve kid's lives through cycling…
Icebug to Sponsor Obstacle Course Racing World Championships
Icebug USA, Inc. signed on as the exclusive shoe partner for the Obstacle Course Racing World Championships (OCRWC), which take place in October…
Crocs Posts Bigger Q4 Loss But Says Rebound Near
Crocs Inc. reported its non-GAAP adjusted loss increased 70 percent in the fourth quarter on a nearly 10 percent decline in revenues, but said it expects growth to resume in the second half of 2015 as initiatives taken last year kick in…
Kohl’s Sees 3.9 Percent Q4 Comp Gain
Kohl's Corporation reported fourth quarter earnings of $369 million, or $1.83 per diluted share, a 17 percent increase…
J.C. Penney’s Comps Rise 4.4 Percent in Q4
J. C. Penney Company Inc. reported comparable store sales growth of 4.4 percent, stronger gross margins and decreasing SG&A expense boosted EBITDA by $1.1 billion in the year ended Jan. 31…
Fleet Feet Sports Acquires GoRun Wichita
Fleet Feet Sports acquired GoRun Wichita, a running specialty store with two locations in Wichita, KS. The purchase marks Fleet Feet Sports’ entry into Kansas…
Sequential Brands’ Q4 Results Boosted by Avia and And1
Sequential Brands Inc., the parent of Heelys, Avia, And1 and several fashion brands, reported revenues, largely royalties from licensing deals, jumped 75.5 percent in the fourth quarter, to $18.6 million…
Asics America Surpasses $1 Billion Target in 2014
Asics America Group, which includes the U.S., Brazil, Canada and Mexico, surpassed $1 billion in sales for the first time in 2014. Sales reached $1.1 billion, up 14.9 percent year on year…
Iconix Sees Men’s Brands Recover in Q4
Iconix Brand Group reported sales in its Men’s segment slid 22.4 percent in 2014, to $111.7 million. Sales in the fourth quarter, however, bounced back, growing 8.3 percent to $32.7 million…
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