West Marine Q2 Comps Slip

West Marine, Inc. reported sales reached $226.7 million for the fiscal second quarter, down 8.2 % from net sales of $247.1 million for the same period in 2007. Comparable store sales also declined 7.8% compared with the same period a year ago…

GSI Commerce Sees 47% Revenue Hike

GSI Commerce Inc. reported net revenues in its second quarter jumped 47% to $193.2 million from $131.3 million. The net loss was $19 million or 40 cents a share, compared to a loss of $5 million or 11 cents, a year ago…

FGXI Hires Dragon Optical Marketing Exec

FGX International has hired the former director of marketing for Dragon Optical to take over its Quantum Lifestyle/Sun Brands division. Scott Sorensen will be responsible for the Anarchy, Angel and Gargoyles fashion and action sports brands, as well as se

Knights Apparel Opens HQ in Spartanburg

Knights Apparel Inc. has completed the relocation of its corporate headquarters from Oak Brook, Ill., to its existing facility in Spartanburg. Knights, a leading producer of licensed sports apparel, has consolidated all of its operating areas under one ro

Cybex Q2 Profits Decline

Cybex International, Inc., the fitness equipment manufacturer, reported sales for the second quarter fell 4.6% to $33.1 million from $34.7 million for the corresponding 2007 period. Net income nosedived 88.4% to $128,000, or 1 cent a share, from $1.1 mill

Shoe Pavilion Shares to be Delisted

Shoe Pavilion has received a letter from the The Nasdaq Stock Market (“Nasdaq”) indicating that its stock will be delisted from Nasdaq because of its bankruptcy filing. According to a filing with the SEC, if the company does not appeal Nasdaq's deter

Mervyn’s Faces Liquidity Crisis

Mervyn's LLC, the California mid-tier department-store chain, may be forced to file for Chapter 11 bankruptcy protection as some of its vendors have halted shipments to the company and key lenders have pulled financing, according to published reports

OIA Sees Upper End of Market Prospering

Outdoor Industry Association released its retail sales top-line report for May 2008 last week, indicating a strengthening market for outdoor products even as the economy weakens amid higher gasoline prices, a tougher job market and the lowest consumer con

VF Corp. Increases Full Year Guidance

Sales at full-price Vans and The North Face stores helped drive record sales and earnings per share at VF Corp. for the second quarter, prompting the company to raise its earnings guidance for the year…

TNF Leads as Outdoor Coalition Posts Stellar Q2

Revenues at VF Corp.’s Outdoor Coalition, which includes sales of The North Face, Jansport, Vans and Reef branded products, rose 17% during the quarter ending in June. The coalition clocked double-digit growth domestically and internationally…

Kayak Importers Tighten Belts, Struggle with Pricing

Some kayak importers were scrambling more than usual to nail down prices and pre-season offers for the Outdoor Retailer show last week courtesy of a weak dollar and rising shipping costs. And there was not much consensus on how much prices will rise…

Volcom Acquires Laguna Surf and Sport

Volcom, Inc. reached a definitive agreement to acquire the retail operations of Laguna Surf & Sport, a retail partner in Southern California that operates two stores serving the Laguna Beach and Aliso Viejo communities. The stores will continue to operate

OIA and SIA Herald Tariff Relief Initiatives

Outdoor Industry Association (OIA) heralded the introduction of the Recreational Performance Outerwear Act of 2008 (H.R. 6483) on July 15, the first ever trade legislation specifically for outdoor performance apparel manufacturers…

Warren Light Craft Moves to Retail Channel to Sell Boats

Warren Light Craft, which has won awards for the design of its curvaceous Little Wing composite kayaks, is seeking dealers. The Massachusetts company made a splash in 2006 when its flashy and extremely light-weight carbon composite boat won a gold medal a