Callaway Golf Co. posted a narrower-than-expected loss for the second quarter ended June 30, but the company confirmed it has started cutting jobs as part of a restructuring plan engineered to streamline operations and maximize efficiencies…
Category: Footwear
Shimano Fiscal First Half Growth Stymied by Strong Yen, Earthquake
A strong yen and Japan’s earthquake and subsequent nuclear crisis caused earnings to plunge at Shimano in the company’s fiscal first half ended June 30…
Deckers Outdoor Slips To Second Quarter Loss But Boosts Full Year Outlook
Deckers Outdoor Corp. reported a loss in the second quarter due to the additional costs associated with the transition to wholesale operations in the U.K. and Benelux, opening stores and other infrastructure investments. But revenues continued to move up
Yaktrax and Highgear Partner With Polar Explorer Eric Larsen
Yaktrax and Highgear, both brands under Implus LLC, and Save the Poles leader Eric Larsen have signed a three-year sponsorship agreement that will last through 2014. As part of the agreement, Larsen will field test Yaktrax and Highgear products during his
Former NYC Marathon Winner to Endorse Skechers
Skechers USA, Inc.'s Fitness Group will launch a multi-media campaign for the year-end holidays featuring American distance runner Meb Keflezighi. The Skechers Fitness Group makes running, training and walking products under the Resistance, Shape-ups
DSW Inc. Begins Selling Kids’ Shoes at DSW.com;
DSW Inc. announced the official launches of kids' shoes on dsw.com and the company's mobile commerce site, m.dsw.com…
Former Real Estate Attorney for Dick’s SG Convicted in Kickback Scheme
After a three-Week trial, a jury in Utica convicted Benjamin J. Viloski, who worked as both an attorney and a broker/consultant for Dick's Sporting Goods, of involvement in an illegal kickback and money-laundering scheme, along with making false stat
Brunswick Q2 Driven by Marine and Fitness
Brunswick Corporation reported net sales of $1.10 billion for the second quarter ended July 2, up 8.0 percent from sales of $1.015 billion in the year-ago period…
Aldila Reports Q2 Sales Fall 16.6 Percent
Aldila Inc. reported sales for the second quarter ended June 30 fell 16.6 percent to $12.0 million compared to $14.4 million in the year-ago period…
Aldila Q2 Sales Sink 16.7 Percent on Soft Golf Sales
Aldila, Inc. lost $444,000, or 8 cents per share, in the second quarter ended June 30 on a 16.7 percent decline in net revenues as sales of golf shafts remained weak. The maker of graphite golf shafts, arrows and other products said sales reached $12.0 mi
Footbalance Hires Agencies to Rep in Southwest and Southeast
Footbalance has hired independent sales teams Über Group, lead by Michael Lumpkin, and FHB Sales Agency, led by Kevin Hirsh, to sell its custom footbed system into stores in the Southwest and Southeast…
Fila Korea Completes Acushnet Acquisition
Acushnet Company announced that the transaction for its sale from Fortune Brands, Inc. to a consortium led by Fila Korea, Ltd. and Mirae Asset Private Equity, was completed. The sale was announced on May 20. Acushnet will remain as a standalone company th
TaylorMade-Adidas Eyes Rapid Expansion in Apparel and Footwear
TaylorMade-Adidas golf is looking to grow its apparel and footwear business from around $400 million globally in 2010 to $700 million in four years, according to a report on msnbc.com…
Nielsen Exposition Sales Flat in Q2
Nielsen Holdings N.V. said sales by its Expositions segment, which owns the Outdoor Retailer and Interbike shows, were flat in the second quarter ended June 30, 2011, but remain up 8% year to date…
OIA Benchmarking Studies Point to Leaner, More Profitable Industry
The outdoor industry has emerged from the recession leaner and more profitable, according to two benchmarking reports released by Outdoor Industry Association. High-profit retailers in this year’s study reported an average gross margin of 46.5 perce