Amer Sports said its net sales decreased 6% to €433.2 million, ($658.5mm) in the third quarter ended Sept. 30 due to later shipments of snowsports equipment and plummeting consumer sales of fitness equipment in North America. The company’s outdoor brands,
Category: Apparel
SCARPA Centralizes U.S. Headquarters
SCARPA North America plans to unify its offices, warehouse, shipping/receiving facilities and warranty/repair division in a new headquarters located in Boulder, CO. The new facility will be up and running by the first of the year. Currently, SCARPA North
Billabong Raises Guidance Due to Falling Aussie Dollar
Billabong International upgraded its guidance due to the benefits of a falling Australian dollar. At the company's annual general meeting in Australia, Billabong CEO Derek O'Neill said that Billabong now was forecasting earnings per share growth
Boot Barn Purchases 22 Retail Stores
Boot Barn Holding Corp. has completed the purchase of twenty-two retail stores in Arizona (12), New Mexico (9) and Nevada (1) from BTWW Retail, L.P. The 22-store acquisition boosts Boot Barn’s position to the largest player in western themed retail in the
Rocky Brands Sales Down for Q3
Rocky Brands, Inc. saw net sales for the third quarter ended Sept. 30, 2008 of $72.5 million versus net sales of $82.3 million in the third quarter of 2007. The company reported net income of $2.4 million, or 43 cents per diluted share, versus net income
Oakley Buoys Luxottica in Tough Third Quarter
Luxottica Group S.p.A. reported net sales reached €1.212 billion ($1.54 billion) in third quarter ended Sept. 30, 2008, up 12.8% at constant exchange rates from the same period of the previous year. Pro forma net sales, on the other hand, were down 2.7% a
Big Retailers Expect to Offer More Discounts
According to a study conducted in October, 88% of chief marketing officers at the nation's larger retailers expect to offer more discounts and promotions this holiday season as a result of the economy and credit crunch, up from 73% last year. Most of
Coleman Puts Product Management and Marketing Under New Exec
The Coleman Company Inc. has realigned its product management and marketing under a consumer marketing executive from outside the outdoor industry. The company said it hired Jeff Willard, formerly of Lexmark and Helen of Troy, to the newly created positio
Cybex Gets Boost from Strength Equipment
Cybex International, Inc.’s top-line growth in the third quarter was helped by high single-digit growth in the cardio end of the business, but double-digit growth in strength equipment pushed overall sales higher for the period…
SGMA: Treadmills Remain #1 Fitness Machine
In 2007, 50.1 million Americans used a treadmill, enough to retain the top spot among fitness machines, according to SGMA's new fitness study, Tracking the Fitness Movement. That marked a slight decline from the 52.2 million treadmill participants
GSI Sells More, but Doubles Loss
Despite anemic September sales and the bankruptcy of a top 10 client, GSI Commerce, Inc. reported that net revenues increased 36.1% to $186.8 million for third quarter from $137.3 million in Q3 last year. Much of the revenue gain came from an 84% increase
Adrenalina Makes Bid for Pacific Sunwear in Bid to Rapidly Expand Concept
Adrenalina last Monday made an unsolicited offer to acquire much-larger rival Pacific Sunwear of California for about $295 million. But PacSun's board on Tuesday rejected the offer as “not in the best interests of the company's shareholders.”…
Acushnet Sees Third Quarter Hampered by Softening U.S. Sales
Despite promising returns from growing international markets, Fortune Brands’ Acushnet Golf continued to see sales slide for the third fiscal quarter ended Sept 30. Net sales fell 3.4% to $307.9 million from $318.6 million in the year ago period…
JJB Sports Raises Working Capital
JJB Sports, the second-largest U.K. sporting-goods retailer, raised £3.4 million ($5.9 million) by selling a 5% stake in the company to Sports Direct International. Proceeds from the sale of 11.9 million new shares will be used “for general working capit
Paddlesports Groups Get Closer to Merger
The board for the Trade Association of Paddlesports is set to meet early this week to review how a merger with the Paddlesports Industry Association would affect the surviving organization’s finances. If the TAPS board decides to move ahead with the merge
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