Based on retail point-of-sale data compiled by SportScanInfo, sales of Sport Footwear for fiscal July 2013 increased in the low-single-digits in dollars as a mid-single-digit increase in average selling prices more than offset a low-single-digit decline i
Category: Outdoor
Mammut’s Impressive First Half Growth Propelled by Asia
Mammut Sports Group increased net revenue by 9.2 percent to CHF 100.3 million ($132 mm) in the six months ended June 30, thanks in large part to its growing business in Japan, Korea and China, according to interim results released by Conzzeta Group, its p
Early BTS Results Tough on Footwear; Strong for Apparel, Daypacks
The early back-to-school season appears to be more of the same for the outdoor footwear business after an early review of retail point-of-sale data shows the business down more than 10 percent for the first three weeks of the back-to-school (BTS) selling
Primaloft Names Global Agency of Record
PrimaLoft has hired commonground as its global agency of record to help shape and launch an expanded global marketing approach in 2014…
Escalade’s Earnings Surge in Q2 on Strength in SG Segment
Escalade, Inc. announced that net income for the second quarter of 2013 jumped 141 percent to $2.6 million, or 19 cents per share, from the same quarter in 2012. Consolidated net revenues for the second quarter were up 12 percent and net revenues the Spo
Hibbett Sports Renews $30 Million Credit Facility
Hibbett Sports, Inc. executed a new Master Note Aug. 9 renewing its existing unsecured revolving credit facility between it, its subsidiaries and Regions Bank…
Activist Investor Ackman Quits J.C. Penney Board
J. C. Penney announced late Monday that William A. Ackman of Pershing Square Capital Management, JCP's largest investor, has resigned from the Board effective Aug. 12, 2013. Ackman is best known for his actions to bring in former Apple retail chief R
Li Ning Swings to First Half Loss As Store Rationalization Continues
Li Ning Company Limited reported revenue declined 24.6 percent to RMB2,906 million ($465 mm) in the six months ended June 30, as it continued to shut down stores and reduce sales to retailers to ease their cash flow problems. Mainland China's largest
Li and Fung Sees H1 Profits Plunge on Flat Revenue Growth
Li & Fung Limited posted revenues of $9.13 billion in the six-month period ending 30, essentially flat to the the first half of 2012. The company said the results show how the Group’s businesses are incresaingly skewed towards the second half of th
APMA Introduces New Rating System for Footwear
The American Podiatric Medical Association (APMA) has introduced a new rating system for footwear. The program is called the APMA Seal of Acceptance/Approval. The APMA Seal of Acceptance and Seal of Approval are granted to products found to promote good f
Foot Locker Rolls Out New Commercial Featuring NBA Stars Harden and Curry
Foot Locker, Inc. unveiled its newest national commercial highlighting its “Approved” sneakers and gear. The spot features James Harden of the Houston Rockets and Stephen Curry of the Golden State Warriors…
Smith Optics Names Promotions Manager for Cycle, Tri and Run
Smith Optics appointed Mallory Burda as its new endurance promotions manager, where she is overseeing the growth of eyewear and accessories for the company’s cycling, triathlon and running divisions…
U.S. Electric Bike Sales Doubled in Year Ended July 31
During the year ended July 31, U.S. sales of electric bikes doubled from a year earlier, according to the just released 2013 edition of Electric Bike Reports Worldwide, which is produced by eCycleElectric International Consultants…
Sport Footwear Off to Solid Start for Back-to-School
At first glance the sales trend for Sport Footwear for the early phase of the 2013 back-to-school season might look like a precursor of general weakness for the whole season, but a deeper look inside the early numbers from SportScanInfo may tell a much mo
Outdoor Product Sales Improve in July
Sales of outdoor products increased 2.6 percent in fiscal July to $810.3 million, according to the latest monthly sales report from OIA VantagePoint™. Outdoor Hardgoods continued its solid sales trend, and Apparel sales posted a strong increase. Footwear,
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