Nike Q4 Earnings Jump 32% on 9% Sales Gain

Nike, Inc. 2007 fourth quarter revenues increased 9% to $4.4 billion, compared to $4.0 billion for the same period last year. Fourth quarter net income increased 32% to $437.9 million, compared to $332.8 million in the prior year, and diluted earnings per

Luxottica Group to Acquire Oakley for $2.1 Billion

Luxottica Group will acquire all of the outstanding shares of Oakley for a cash purchase price of $29.30 per share, together with the purchase of all outstanding options and other equity rights at the same price per share less the exercise price. The tota

OutDoor Looks at ‘The Next Generation’

OutDoor Friedrichshafen 2007 will feature a workshop titled, “The Next Generation.” Today's children and young people are tomorrow's outdoor customers. How can we appeal to kids? What do official statistics tell us? Who is this upcoming generati

Yakima Inks Deal with Lance Armstrong Foundation

Yakima has partnered with the Lance Armstrong Foundation to create LIVESTRONG endcaps, which showcase LAF’s logo and fit on Yakima round bars. Yakima will donate 100% of all profits from all endcap sales directly to supporting the Foundation…

Pacific Outdoor Equipment to Distribute LAKEN Bottles

Pacific Outdoor Equipment will be the exclusive U.S. distributor for the European brand LAKEN, manufacturer of high quality aluminum and stainless steel drinking bottles. All support and customer service for LAKEN’s U.S. customers will be handled by Pacif

InGear Inks Swimwear Deal with True Religion

True Religion Apparel, Inc. has signed a licensing agreement with InGear Swimwear, LLC for its line of swimwear for women, men, and boys and girls. InGear will design, produce, and distribute True Religion branded swimwear at department stores and special

Base Camp Opens Utah Office

Base Camp Communications has a new office now open for business in Park City, Utah. When deciding to expand Base Camp Communications to Utah, director Mike Geraci considered the state’s strong adventure sports community, its natural playground, and its ed

VF Corp. Eyeing More Acquisitions

VF Corp. plans to keep up its pace of acquisitions with a keen eye on outdoor and sportswear brands that cater to women, its chief executive said at the Reuters Consumer and Retail Summit in New York…

Major League Soccer Unveils ‘Verano MLS’

Major League Soccer announced the addition of yet another component to the League's successful Hispanic grassroots lineup, Verano MLS (MLS Summer). Working closely with select MLS teams, the six-week summer program will provide a weekly soccer playin

Phoenix Footwear Sells Royal Robbins Unit

Kellwood Company has signed an agreement to acquire Royal Robbins, Inc., a division of Phoenix Footwear Group, Inc., for approximately $40 million. Sales for Royal Robbins, which was acquired by Phoenix in October 2003,were approximately $30 million in

Bakers Footwear Widens Q1 Loss

Bakers Footwear Widened its net loss in its first quarter ended May 5, to $1 million, or 15 cents a share, $700,000, or 10 cents, a year ago. Sales slid to $49.3 million from $49.8 million. Comparable store sales decreased 9.3%, compared to a decrease of

Bill Cramer Passes Away

Charles William (Bill) Cramer, chairman of the board of Cramer Products, Inc., has passed away at the age of 86. Cramer developed one of the company's most well-known products, Atomic Balm. He was president of Cramer from 1973 – 1976, and also served

Ashworth Fiscal Q2 Income Falls on 9.3% Sales Decrease

Ashworth, Inc.'s second quarter ended April 30, 2007 consolidated net revenue decreased 9.3% to $59.9 million as compared to $66.0 million for the second quarter of 2006. The Company reported consolidated second quarter net loss of $2.5 million, or 1