Bakers Footwear reported fourth-quarter sales were $53.6 million, a decrease of 8.0 percent from $58.2 million in the year-ago period. Comparable store sales decreased 7.1 percent following an increase of 2.6 percent in the prior-year period…
Category: Outdoor
Life is Good Revamps Website
Life is Good has revamped Lifeisgood.com into an digital ecosystem with the ultimate goal of becoming the hub of optimism, the definitive reflection of the brand. The new website merges content, commerce, community and charity into an experience around op
Leonard Armato Steps Down at Skechers
Leonard Armato is exiting from his role as president of Skechers Fitness Group. Michael Greenberg, president, Skechers USA Inc., told SportsOneSource that Amarto, who joined Skechers in 2010, will become chairman of Leverage Agency, a sports-marketing fi
VF Corp. Divests John Varvatos Enterprises
VF Sportswear, Inc. and John Varvatos announced the sale of the majority ownership interest in John Varvatos Enterprises, Inc. to Lion Capital LLP, with Mr. Varvatos retaining an ownership position. Terms were…
Cabela’s Says Vendor Collaboration Helped it Capitalize on Early Spring Weather in Q1
Cabela's Inc. reported net income soared in the first quarter as improved collaboration with vendors helped it shift to spring merchandise 45 days earlier than normal even as competitors were still marking down winter goods…
Amer Sports Reports Apparel, Footwear and Americas Drive Q1 Growth
Amer Sports saw net sales increase 9.1 percent to €489.8 million ($642 mm) in the first quarter, or 7 percent in currency neutral (c-n) terms. The biggest growth took place in Apparel, up by 29 percent, and Footwear, up by 13 percent. Sales in the W
VF Corp Hikes FY Guidance on Double-Digit Organic Growth in Q1
VF Corp reported first-quarter revenues rose 31 percent, boosted by the Timberland acquisition. Organic growth was 12 percent and was slightly stronger than anticipated due in part to earlier shipments and stronger sales of seasonal products. The stronges
Nike Executive Charged With Attempted Aggravated Murder
Nike executive James Speidel is accused of trying to blow up his Bethany, OR home in an attempt to kill his wife and four children. Speidel, 36, is charged with five counts each of attempted aggravated murder and first-degree attempted assault, along wit
LaCrosse Footwear’s Outdoor Group Sees Modest Gain
LaCrosse Footwear, Inc. reported a profit of $560,000, or 8 cents a share, in its first quarter, rebounding from a loss of $650,000, or 10 cents, a year ago. Revenues jumped 31.7 percent to $33.3 million, led by its work/military segment although its outd
RECALL: 3,000 Gerber Instant Knives
Gerber Legendary Blades of Portland, OR initiated a voluntary recall of about 3,000 Gerber Instant knives because the locking mechanism on the spring-assisted blade can fail to engage properly, causing the blade to fold during use, posing a laceration haz
Iconix 1Q Hurt By Weakness in Urban Brands
Iconix Brand Group cuts its full-year guidance due to weakness in its men's division, particularly Rocawear, Ecko and Ed Hardy, and other delays in international plans. It now expects adjusted net income in 2012 will be $1.65 to $1.74, down from prio
Brunswick Q1 Earnings Up Amid Signs Boat Business is Improving
Brunswick Corporation reported operating earnings rose slightly on slightly lower sales in the first quarter amid strengthening demand and sales of its Fiberglas and aluminum boats. Sales also grew at its Bowling and Billiards segment, were essentially fl
Mavic Names Hugh Walton General Manager
Mavic, Inc. has hired cycling industry pioneer Hugh Walton as general manager. Walton brings more than 25 years of hardgoods and softgoods experience to his new position at Mavic, including knowledge gained while in leadership positions at Pearl Izumi, Hi
Raleigh Acquisition Would Provide Accell Group Major U.S. Beachhead
Accell Group N.V. agreed to acquire Raleigh Cycle Ltd last week in a transformative deal that will increase the Dutch company’s sales by nearly a third and its bicycle sales by 90 percent while giving it a significant presence in the U.S. market…
National Retail Federation Urges FTC To Move Slowly on Mobile Payments Regs
The National Retail Federation urged the Federal Trade Commission to move cautiously in establishing regulations for mobile payments, and said any rules that are adopted should parallel those for the underlying form of payment and not be specific to the t
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