Outdoor Athletes Join Team New Balance

New Balance announced that they have signed on three outdoor
athletic enthusiasts to join the brand’s larger “Team New
Balance.” Trail runners Kyle Skaggs and Anton Krupicka, and
freestyle kayaker Ruth Gordon have all signed…

Asics Introduces Limited Edition Kayanos for NYC Marathon

In celebration of the 15-year anniversary of the Gel-Kayano, Asics will introduce an authorized ING New York City Marathon limited-edition during the 2008 race. The model will feature an image of runners crossing the Verrazano-Narrows bridge, specially em

Timberland Posts Q2 Loss; Revenues Decline 6.3%

The Timberland Company reported a second-quarter net loss of $18.9 million, or 32 cents a share, versus a loss of $19.2 million, or 31 cents, a year ago. Revenues declined 6.3% to $209.9 million as declines in casual footwear, Timberland brand apparel and

Under Armour Ups Guidance on 30% Q2 Sales Gain

Under Armour, Inc. reported revenues increased 30% in the second quarter to $156.7 million from $120.5 million. in the second quarter of 2007. Second quarter net income dropped 75.4% to $1.4 million, or 3 cents a share, from $5.7 million, or 11 cents, a y

Recall: New England Ropes/Lines

The U.S. Consumer Product Safety Commission and New England Ropes of Fall River, MA. announced a voluntary recall of Maxim Apogee and Maxim Pinnacle Dynamic Climbing Lines/Ropes. While no injuries have been reported, the company is advising consumers to i

Consumer Confidence Remains Weak

Consumers' outlook, while slightly improved from last month, continues to be very pessimistic, according to the Conference Board Consumer Confidence Index released Tuesday. Consumers anticipating business conditions to worsen over the next six months

Hanesbrands Earnings Soar Despite 4.4% Sales Decline

Hanesbrands Inc. said earnings increased on lower earnings due to difficult retail conditions and later shipments of back-to-school product. Net sales reached $636.3 million for the second quarter ended June 30, down 4.4% from the same period a year earli

Mervyns Files for Bankruptcy

Mervyns LLC filed for Chapter 11 bankruptcy late Tuesday. The mid-tier department store chain said it plans to keep its 177 stores open while they restructure the retailer's debt and “realign” business operations. The retailer said it has identified

Running Footwear Category Definitions Shifting

For decades, performance running shoe makers have segmented their product lines into distinct categories, effectively divided between stability, cushioning and motion control. Today, however, market forces are blurring those traditional definitions as inn

“I Will” Campaign to Launch at OR Summer Market

The Outdoor Foundation is challenging members of the outdoor sporting goods industry to sign a pledge at the OR Summer Market next month in which they promise to take two kids outside at least once in the next year to promote outdoor recreation…

Crocs Lowers Guidance; Shares Hammered

Crocs Inc. said it expects second quarter sales to range between $218 million and $233 million and earnings per share in the range of 3 cents to 7 cents. These estimates compare to previous guidance of revenues ranging from $247 million and $258 million

Brunswick Posts Q2 Loss on Charges

Brunswick Corporation reported a net loss of $6.0 million, or 7 cents per diluted share, for the second quarter, compared with net earnings of $56.9 million, or 63 cents per diluted share, from continuing operations for the same period last year. The seco