Sport Chalet Inc. extended its bank line, eliminated jobs and renegotiated contracts to sustain strategic spending initiatives in the wake of a disappointing first fiscal quarter…
Category: Outdoor
Japan and Korea Buoy Mammut’s First Half Results
Mammut Sports Group increased net revenue by 9.2 percent to CHF100.3 million ($132 mm) in the six months ended June 30, largely on the strength of its growing Asian business, according to interim results released by Conzzeta Group, its Swiss parent compan
City Bike Partners with Pratt Institute
City Bike company Brooklyn Cruiser is partnering with Pratt Institute. The company will offer incoming Pratt students affordable and sustainable transportation options and an opportunity to design branded cycling accessories it will be put into production
SIA Releases Engaging Gen Y in Snow Sports Report
The SnowSports Industries America (SIA) research team has released its latest findings in the report called Engaging Gen Y in Snow Sports, which is the first in the Snow Sports Consumer Profiles, SIA’s new audience-specific report series…
Yue Yuen’s Casual/Outdoor Sales Outpace Athletic in First Half
Yue Yuen Industrial (Holdings) Limited, a major contract manufacturer for western shoe brands, reported total sales rose 1.4 percent for the six months ended June 30 to approximately $3.70 billion. Sales of athletic shoes and casual/outdoor shoes were up
Hireko Golf to Distribute Aerotech Golf Shafts
Aerotech Golf of Bellingham, WA has added club manufacturer Hireko Golf as an authorized dealer of its composite iron shafts, which are the most popular being used on the PGA and Champions Tours…
Sport Footwear Posts Tepid Sales Growth in Fiscal July
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
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…
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
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