Foot Locker Foundation, Inc. joined together members of the athletic industry, as well as its business partners, on Tuesday, Oct. 22, at New York City's Gotham Hall to celebrate the 13th annual “On Our Feet” fundraising gala. The event will benefit e
Category: Outdoor
Vans, Margin Expansion Boost VF’s Q3
With continued explosive growth from Vans as well as improved gross margins, VF Corp. reported a better-than-expected quarterly profit. Its earnings guidance was maintained for the year due to incremental marketing costs being added to the second half to
Cabela’s Q3 Profits Expand 17 Percent
Cabela's Inc. reported net income in the third quarter increased 16.6 percent to $49.9 million, or 70 cents a share, compared to $42.8 million, or 60 cents, in the year ago quarter. Total revenue increased 14.8 percent to $850.8 million…
Carhartt Announces Camo Line Made in the USA
Carhartt announces an extension to its camo apparel partnership with camouflage designer, marketer, and licensor Realtree®…
Big Agnes Adds Two to Marketing Team
Big Agnes has hired Katie Hughes as marketing specialist and Kaitlin Cowart as graphic design assistant…
Deckers Outdoor Sees Modest Revenue Gains in Q3
Deckers Outdoor reported sales increased 2.7 percent in the third quarter, to $386.7 million compared to $376.4 million for the same period last year with modest gains from Ugg, Teva and Sanuk. Earnings slid 23.2 percent to $33.1 million, or 95 cents a sh
Dr. Martens Sold to PE Firm
Permira Funds, a private equity firm that owns Hugo Boss and New Look, has bought R Griggs Group, the parent company and licensee of the Dr Martens brand, for £300 million (U.S. $486 mm)…
Democratic Senators Oppose U.N. Arms Trade Treaty
Four members of the U.S. Senate have sent a letter to President Barack Obama, Secretary of State John Kerry and the United Nations with the clear message that the U.N. Arms Trade Treaty will not be ratified…
Columbia Sportswear Raises Dividend and Outlook Despite Lower Q3 Results
Columbia Sportswear Company reported net sales of $523.1 million for the quarter ended Sept. 30, down 4 percent compared with the same period in 2012, including a 1 percentage point negative effect from changes in currency exchange rates. Despite an 11.8
Delta Apparel’s Sales Dip in Transition Quarter
Delta Apparel, Inc. reported financial results for the three-month transition period ended Sept. 28. Net sales were $122.6 million versus $130.1 million in the comparable prior year period. Net earnings were $0.6 million, or 7 cents per diluted share, com
SEC Opens Comment Period on Proposed Equity Crowdfunding Rules
The Securities and Exchange Commission (SEC) opened a 90-day public comment period on its proposed rule for governing how crowdfunding sites will offer and sell securities. The rule, which number 585 pages, lays out how equity crowdfunding sites and broke
Chevalier Advertising Hires New Public Relation Associate
Chevalier Advertising, Marketing & Public Relations announces the hiring of Laci Warden as a public relations associate…
Moosejaw Books Bowling Alley for Goulish Job Fair
Moosejaw Mountaineering hopes to scare up some seasonal help next week at holiday job fair being held at a local bowling alley. The retailer urged job seekers to wear a costume to the event, where it will screen applicants for 300 seasonal warehouse and c
Footwear and Apparel Power Amer Sports Through Challenging Third Quarter
Amer Sports said double-digit growth at five of its eight businesses enabled it to preserve margins in the third quarter despite a delay in peak shipments of winter sports equipment and a challenging exchange rate environment…
Quiksilver to Sell Mervin Manufacturing
Quiksilver, Inc., the parent of DC Shoes, reached a definitive agreement to divest its snowboard subsidiary, Mervin Manufacturing, Inc., to Extreme Holdings, Inc., an entity advised by Altamont Capital Partners. The all cash transaction is expected to clo
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