According to a study of golf market profiles of the 10 largest sporting goods retail companies from Longitudes Group, Dick's Sporting Good market impact leads the sporting goods retailers with the most golfers served at 9.8M, or over 39 percent of al
Category: Outdoor
Dick’s Sporting Goods Looks to the Past as it Outlines the Future…
At its first-ever analyst day, Dick's Sporting Goods, Inc. set a sales target of $10 billion by the end of fiscal 2017, representing a 5-year compounded annual growth rate (CAGR) of approximately 11 percent from fiscal 2012 sales of $5.8 billion…
Adidas Group Again Trims Fiscal Year Outlook…
For the second time in two months, Adidas Group lowered its top-line guidance for the year. The revised outlook was blamed on a further weakening of several currencies, a distribution problem in Russia and ongoing softness in golf. The earnings update ca
Back-to-School Season Ends on High Note for Sport Footwear…
The Sport Footwear sales trend accelerated again in the last week of the eight-week back-to-school (BTS) season tracked by SportScanInfo, netting growth closer to the YTD and trailing 52-week periods…
Tern Raises $4.3M to Ramp Up Production of Folding Bikes
Folding bike maker Tern announced it raised $4.3 million from private equity investors. The Taipei, Taiwan-based company will use the funds to accelerate its global expansion and ramp up investments in product development…
Pendleton Woolen Mills Explores Global Growth Opportunities
Pendleton Woolen Mills has hired brand consultant Meriwether Group to explore growth opportunities for the iconic brand, which is among a handful of companies still weaving wool fabrics in the United States…
Newly Public Fox Factory Sees Growth Slowing in Back Half
Fox Factory Holding Corp. issued its first guidance as a publicly traded company last week by forecasting sales growth would slow in the back half of the year…
Woolrich Named Grassroots Vendor Partner
Woolrich has been admitted as the newest Vendor Partner by Grassroots Outdoor Alliance, which provides purchasing and other services for 45 premier outdoor specialty retailers that operate nearly 100 locations across the U.S…
Surf Expo Sets Attendance Record
Surf Expo September 2013 hosted a record number of buyers, according to the shows organizers. More than 8,000 buyers from 50 states and 69 countries converged on the Orange County Convention Center in Orlando, FL Sept. 6-8, setting an all-time attendance
Johnson Outdoors Shifts to Cash Flow-based Revolving Credit Facility
Johnson Outdoors Inc. replaced its revolving credit facility with a new cash-flow based loan agreement with significantly fewer financial covenants and simplified reporting requirements compared to the company's previous asset-based revolving credit
RSI Magazine to be Renamed to Tennis Magazine
Racquet Sports Industry (RSI), the world’s largest tennis trade magazine, has announced it is changing its name to Tennis Industry (TI), going back to the publication’s original name after 10 years. The new name, along with a redesign, will de
Connor Sport Court Partners with FIBA
FIBA (International Basketball Federation) selected US based Connor Sport Court International as its ‘Official Technical Supplier’ of custom courts for the 2014 FIBA Basketball World Cup. This marks the first time a US based flooring manufactu
Johnson Outdoors Replaces Revolving Credit Facility
Johnson Outdoors Inc. replaced its revolving credit facility with a new streamlined capital structure that it expects will reduce annual borrowing costs.
Reebok Partners with Les Mills
Reebok and fitness programmer, Les Mills, have announced a new partnership. To mark their alliance, a short film – ‘Revolution’ – which celebrates the evolution of studio fitness, is being released…
Roland Auschel Appointed to the Executive Board of Adidas AG
The Supervisory Board of Adidas AG appointed Roland Auschel to the executive board of Adidas AG, effective October 1. Roland Auschel, currently chief sales officer multichannel markets, will assume responsibility for global sales on a board level. In addi
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