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…
Category: Outdoor
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
Columbia Sportswear Reports Flat Q1, Foresees Flat 2010
Columbia Sportswear Co. reported flat results for the first quarter and forecast sales will grow at 1 percent or less as lower sales in Europe, Canada and the U.S. offset growing direct-to-consumer sales in the United States, Korea and Japan and increased
Deckers Outdoor Lowers FY Outlook on Margin Pressures/International Weakness
As expected, Deckers Outdoor Corp. reported first-quarter earnings fell sharply due to the unusually warm weather's impact on the boot category and higher product costs. Gross margins disappointed due to channel mix and higher closeouts for the Teva
Native, Costa Sales Grew 18 Percent in First Quarter
Sales at the Cross Optical Group, which owns the Native and Costa eyewear brands, reached $20.0 million in the first quarter, up 18.2 percent compared to last year, according to its parent company A.T. Cross Company. Operating income at the group increase
LaCrosse Footwear Returns to Profitability on Robust Sales
LaCrosse Footwear, Inc. reported sales in the first quarter reached $33.3 million, up 32 percent from $25.2 million in the first quarter of 2011…
Delta Apparel’s Q3 Impacted by Cotton Cost Speculation
Delta Apparel Inc., the parent of MJ Soffe, reported sales for its fiscal third quarter ended March 31, 2012 increased slightly to $125.5 million, from $125.0 million in its fiscal 2011 third quarter. Net income for the fiscal 2012 third quarter was $1.9
Wigwam Becomes Official Sock of Ironman Mont Tremblant 70.3
Wigwam, the performance sock company, has become the official sock of Ironman Mont Tremblant 70.3 and the full Ironman Mont Tremblant races. After having been the official sock of Ironman races in the U.S. for 18 years, Wigwam is now expanding its sponsor
RECALL: Puma Youth Jacket
About 5,000 units of youth jackets from Puma are being recalled. The jacket has a drawstring at the waist that has toggles and is not stitched to the back of the jacket…
Puma SE Q1 Profits Hurt by Europe Slowdown
Puma SE reported that consolidated first quarter sales increased 6.1 percent to €820.9 million ($1.08 bn) despite a low-single-digit decline in the EMEA region. Currency-neutral sales rose 4.2 percent. Overall gross margin declined 120 basis points
Lafuma Group Reports Robust Outdoor Sales for First Half
Sales revenue for the Lafuma Group in the first half of fiscal 2011/12 increased 8 percent to €132.1 million as strong growth of its outdoor brands and in Asia more than offset a decline at its action sports business and flat sales at its equestrian
Arc’teryx Opens First Nuttallii Store in Tokyo
Arc’teryx is opening its first Arc’teryx female-specific brand store – Nuttallii, Arc’teryx for Women in Tokyo…
Iconix Reports Lower Q1 Sales, Lowers FY Outlook
Iconix Brand Group reported total revenue for the first quarter of 2012 was approximately $88.5 million, a 4 percent decline as compared to approximately $92.4 million in the first quarter of 2011. EBITDA attributable to Iconix for the first quarter was a
Callaway Golf Signs Kelly Kraft
Callaway Golf Company signed U.S. Amateur Champion Kelly Kraft to a multi-year contract to play and endorse Callaway Golf equipment…
Jones Group Posts Loss on Revenue Decline
The Jones Group Inc., the parent of Nine West, reported revenues for the first quarter of 2012 were $936 million, as compared with $961 million for the first quarter of 2011…
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