The Timberland Company is starting to warm up to the idea of becoming a multi-brand platform in footwear and apparel, apparently coming to terms with the possibility that their core brand may not play as well as they would like in some of the more perform
Category: Outdoor
Nautilus Hitting on All Cylinders, But Where Does Pearl Fit…
Nautilus Inc. now feels their addressable market is $11.9 billion when they include the acquisition of Pearl Izumi. This includes $5.4 billion in fitness in the Americas, $4.5 billion of fitness outside the Americas and $2 billion in high performance appa
Cybex Gets Back into Positive Territory…
After Cybex posted a net loss last quarter, management was still optimistic about the year ahead, predicting growth in the second half. It appears the company is a quarter ahead of schedule as second quarter net sales jumped 13.0% to $27.2 million compare
Coleman Making a Comeback Under New Ownership…
Jarden Corporation, the parent company for the Coleman business, saw its second quarter sales more than triple due to the acquisitions of American Household, Coleman’s former parent company. Net sales increased 279% to $754 million compared to $199 millio
Golf Galaxy Sees Nice Spike in First Day of Trading…
It appears that the Wall Street appetite for specialty retail continues as Golf Galaxy, Inc., the 45-door golf specialty retailer based in Minnesota, closed its first day of trading on the NSDAQ exchange with a 32.9% increase in share price. GGXY shares
Skechers Sees Continued Momentum; Raises Third Quarter Guidance…
Skechers USA, Inc. certainly looks as though its multi-brand strategy is starting to pay dividends as second quarter sales and earnings growth easily outpaced expectations on Wall Street. Consolidated net sales increased 12.5% to $263.9 million in the se
Specialized and Supergo Agree to Disagree and Terminate Relationship…
Specialized and Supergo bike shops announced Friday that they had reached an “amicable agreement” to terminate their relationship. The action comes after almost a year of discussion and negotiation. Supergo will sell the remainder of its inventories of
Callaway Golf Appoints New President and CEO
Callaway Golf Company's Board of Directors has appointed George Fellows as President and CEO of the Company, and has also elected Mr. Fellows to serve as a Director. All appointments are effective August 1, 2005. William C. Baker, who has served as i
Puma Looks to Top Three Spot in Phase IV Goals…
Puma AG is entering Phase IV of the company’s strategic growth plan a full year ahead of schedule and sees using the foundation they have built as a platform for expansion over the next five years that is expected to place Puma solidly in the number three
The Friedrichshafen OutDoor Show: First Impressions…
With the OutDoor show in Friedrichshafen, Germany edging in three weeks before Outdoor Retailer Summer Market, a number of U.S. buyers and journalists showed up to get a sneak peek at the newest gear before the “official” launch in North America at the Ou
Timberland Named One of 20 Top Sustainable Stocks
For the third consecutive year, Timberland been selected as one of the “World’s 20 Top Sustainable Business Stocks” as recognized by SustainableBusiness.com. The list is presented in the Progressive Investor newsletter, published by SustainableBusiness
Puma Gets Another Boost from Americas in Q2 as U.S. Contribution Jumps…
Puma AG looked to the Americas – and the U.S. in particular – in the second quarter to maintain its double-digit growth trends as the Europe business cooled once again. The company reported that consolidated net sales grew 12.3% to €395.5 million in Q2 f
Exel Invests Heavily in Nordic Walking Expansion…
The Exel group’s sport division, one of the primary drivers behind the Nordic walking movement in Europe and the U.S., reported a steady first half performance with sales climbing 2.2% to €19.0 million compared to €18.6 million last year. However, investm
Cybex Trazer Receives Innovation Award
Cybex International, Inc. announced that the International Council on Active Aging(ICAA) has named its Trazer product as North America's Innovative New Piece of Equipment for active older adults…
Puma Inks Manu Samoa Rugby Deal…
Puma last week made its first step toward more presence in Rugby, announcing a sponsorship agreement with National Rugby Union team, Manu Samoa.
Commencing October 15, Puma will be the official supplier to all the teams associated with the Samoa Rugby Un