Winmark Corp., the parent of Play It Again Sports, reported net income for the quarter ended June 28 jumped 116%, to $930,500, or 17 cents a share, from $430,500, or 8 cents, a year ago. Revenues grew to $8.7 million from $7.6 million…
Category: Footwear
Columbia Signs Lease for Chicago Store
Columbia Sportswear Company has signed a lease with Grosvenor for a new Columbia branded store at 830 N. Michigan Avenue in Chicago. Columbia's plan to open a store along the Magnificent Mile next year is part of the company's strategy to elevat
Columbia Signs Lease for Chicago Store
Columbia Sportswear Company has signed a lease with Grosvenor for a new Columbia branded store at 830 N. Michigan Avenue in Chicago. Columbia's plan to open a store along the Magnificent Mile next year is part of the company's strategy to elevat
LaCrosse Footwear Posts Solid Q2 Despite Outdoor Weakness
Outdoor sales dipped 11% at LaCrosse Footwear, Inc. in the second quarter and are down 13.5% for the year, the company said Monday. However, strong military sales, along with a 32% increase in the work boot market, propelled net income and consolidated n
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
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…
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
European Outdoor Industry Forecasts 2.5% Growth
Sales by outdoor retailers will grow 2.5% to €5.82 billion in Europe this year, according to estimates released Thursday at a press conference marking the opening of the OutDoor trade show in Friedrichshafen, Germany…
Carl Zeiss Optical Announces Hires
Carl Zeiss Optical, Inc. has created the positions of Eastern and Western regional sales team leader to increase sales coverage and regional focus…
OIA: Outdoor Sales Up 12% in May
Total outdoor product sales in the United States reached $449 million in May, up 14% in units and 12% in dollars over May 2007, according to Outdoor Industry Association's Outdoor Topline Report. May marked the fifth straight month of overall sales g
Finish Line Reinstates Quarterly Dividend
The Finish Line, Inc. has reinstated the quarterly cash dividend program with a 20% increase to 3 cents per share of Class A and Class B common stock. The first quarterly cash dividend will be payable on Sept. 15, to shareholders of record on Aug. 29. The
Tandem Shareholders Asked to Pay off Deficit
Two months after reporting a 70% increase in profits, Tandem Group plc, is asking shareholders to let it use $10.6 million set aside to pay dividends and fund stock buybacks to pay off its deficit. The British maker of bicycles, golf gear, toys and other
Ever-Glory to Start Trading on AMEX Wednesday
Ever-Glory International Group, Inc. said its Chairman and CEO Edward Yihua Kang has been invited to ring the opening bell at the American Stock Exchange at 9:30 a.m. EDT on Wednesday, July 16, 2008, to celebrate the listing of the company on the exchange
Titleist Bolstered by Patent Ruling in Callaway Dispute
Acushnet Co. secured a victory last week in its ongoing dispute with Callaway Golf for the right to continue to manufacture its Titleist Pro V1 golf balls…
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