Genesco Inc., the parent of Journeys and Lids, has filed a lawsuit against Visa, charging the credit-card company with wrongfully taking more than $13 million as punishment for a data breach…
Category: Outdoor
OIA VantagePoint: Winter Weather Boosts February Sales of Outdoor Products
Outdoor Product sales achieved double-digit sales growth in February as winter weather across much of the country fueled favorable comparisons to the spring-like weather a year earlier, according to the latest numbers from OIA VantagePoint, the first and
Outdoor Retailer to Send Summer Market Housing Notices This Month
Outdoor Retailer is introducing a new process and timeline for booking hotel rooms through the show's housing block, managed by Travel Planners, the official Housing Agency for Outdoor Retailer. This summer's show marks the first time attendees
Warrior Protection and Readiness Coalition Appoints New Directors
The Warrior Protection and Readiness Coalition has appointed Les de Asis, CEO of Benchmade Knife Company; and Tara Glover, vice president of public and government relations at TenCate, USA to its board of directors…
The Bike Cooperative Launches Social Media Automation Tool for Dealers
The Bike Cooperative has launched a new automated platform enabling retailers to share social media content easily and consistently with their followers…
Google Unveils Smart Shoe as SXSW
At the annual South by Southwest conference in Austin, TX, Google unveiled an early prototype of motion-sensing “smart shoes,” with an embedded speaker on the tongue of the shoe that can shout motivational commands at the wearer when exercising. Google cr
Black Diamond Fourth Quarter Earnings Arrive as Forecast
Black Diamond, Inc. reported financial results for the fourth quarter ended Dec. 31 that were in line with guidance provided in early February and confirmed its guidance for 2013…
Dick’s SG Hits Low End of Q4 Profit Guidance on Weaker DSG Comps
Dick's Sporting Goods, Inc. reported consolidated net income for the 14 weeks ended Feb. 2, 2013 of $129.7 million, or $1.03 per diluted share, compared to the company's prior guidance of $1.03 to $1.05 per diluted share. Net sales for the 14-we
Mizuno Golf Launches Play Famously Campaign
Mizuno is helping golfers nationwide improve their game while offering the opportunity to be treated like a pro as an exclusive member of “Team JPX.” Launched March 11, Play Famously will champion the cause and determination of the “everyman” golfer…
Topo Athletic Names U.S. Sales Reps
Topo Athletic, the footwear start-up launched by the former CEO of Vibram FiveFingers, named six sales agencies who will help launch the brand this summer…
Genesco’s Q4 Hit by Special Charges
Genesco Inc. reported earnings from continuing operations slid 6.7 percent in the fourth quarter, to $38.7 million, or $1.63 per diluted share, compared to earnings from continuing operations of $41.5 million, or $1.72, in the year-ago quarter. Fiscal 201
New Quiksilver CEO Lays Out Vision in Wake of First Quarter Declines
In the 60 days since naming former Nike and Disney executive Andy Mooney as CEO, Quiksilver has closed businesses, divested others, hired several new C-level executives who will shift the company toward a more centralized business model and even whittled
Dorel Segment Rides Cannondale to 12 Percent Fourth Quarter Growth
Sales of Cannondale bikes drove 12 percent revenue growth at Dorel Industries Recreational/Leisure segment in the fourth quarter ended Dec. 30, 2012. Sales at the segment, which also owns the Schwinn, Mongoose, GT and Sugoi bicycling brands and sells bike
Compass Diversified’s Branded Products Group Nears $550M in 2012
Compass Diversified Holdings reported sales at its four branded products companies – CamelBak, Fox, Liberty Safe and Ergobaby – grew 18.0 percent to $549.2 million in 2012. EBITDA for the group increased 24.3 percent to $104.9 million while EBIDTA margin
TJX’s Comps Rise in March
The TJX Companies, Inc. reported sales for the four-week period ended Mar. 2, 2013, were $1.8 billion, up 7 percent over the $1.6 billion achieved during the…