Nike Inc. released its FY10-11 Sustainable Business Performance Summary which introduces its new targets and outlines its progress against key business, labor and environmental goals. The company also discusses the key challenges and its strategy for its
Category: Outdoor
K-Swiss Posts Q1 Loss, Futures Down Sharply
K-Swiss Inc. shrunk its net loss in the first quarter to $6.7 million, or 19 cents a share, from a loss of $9.8 million, or 28 cents, a year ago. Sales were down 4.3 percent to $69.3 million from $72.4 million. The company also lowered its full-year guid
Academy Sports Tops J.D. Power Customer Service Survey
Academy Sports + Outdoors placed first in J.D. Power and Associates' inaugural report measuring the overall sporting goods retailer customer satisfaction experience. Others scoring high across a variety of measures were Hibbett Sports and Play It Aga
The Buckle Sees 3.2 Percent Comps Growth in April
The Buckle, Inc. announced that net sales for the four-week fiscal month ended April 28 increased 3.2 percent to $71.6 million from net sales of $69.4 million for the prior year four-week fiscal month ended April 30, 2011. Comparable store net sales, for
QBP Owners Buy Majority Stake in SmartEtailing
Quality Bicycle Products (QBP) owners Steve Flagg and Mary Henrickson acquired a majority stake in SmartEtailing, an e-commerce vendor focused on helping the IBD channel sell online and compete against Amazon.com and other pure play Internet retailers thr
Gildan’s Q2 Earnings Down 56 Percent on Effects of High Cotton Costs
Gildan Activewear Inc. reported a 56 percent drop in quarterly earnings, as net earnings were $26.9 million, or 22 cents per diluted share, for its second fiscal quarter ended April 1, compared with net earnings of $61.7 million, or 50 cents per diluted s
TaylorMade-Adidas Golf Boasts 32 Percent Q1 Revenue Gain
TaylorMade-Adidas Golf announced record sales of $508 million globally in the first quarter of 2012, a 32 percent increase on a currency-neutral basis over the prior year. TaylorMade's statement came out the same day that its parent, Adidas Group, po
Finish Line to Retain 51 Percent Stake in Running Company
According to Finish Line's just-released 10K, Finish Line will remain majority owner of Running Specialty with a 51 percent stake following its strategic investment with Gart Capital Partners. As part of the transaction, GCPI issued Finish Line a $4.
Kenneth Cole 1st-Quarter Loss Narrows
Kenneth Cole Productions, Inc. reported that net revenues in the first quarter were $116.8 million, versus the year-ago level of $117.5 million. Wholesale revenues were up 3.0 percent to $76.7 million versus the year-ago period…
OIA Urges Obama to Override Forest Service Roadless Rule for Colorado
Outdoor Industry Association petitioned the Obama Administration to overrule the U.S. Forest Service and double the amount of its areas in Colorado set aside for top tier roadless rule protections…
Sturm, Ruger Posts Vibrant Q1 Firearms Growth
Sturm, Ruger & Company, Inc. reported first-quarter revenues climbed 48.9 percent to $112.3 million from $75.4 million. Earnings doubled to $15.5 million, or 79 cents a share, from $7.9 million, or 42 cents, a year ago…
Winmark Corporation Appoints New Director
Winmark Corporation has named Lawrence A. Barbetta to its board of directors. Barbetta is the chief executive officer of eLAB Analytics, a provider of cloud computing based industry-specific business intelligence applications…
K-Swiss Names David Nichols President of K-Swiss Brand
K-Swiss appointed David Nichols as global president of the K-Swiss brand, effective immediately. David Nichols will succeed Steven Nichols, who will remain active in daily company leadership as the chairman of the K-Swiss board of directors and CEO K-Swis
March Golf Rounds Continue Strong
According to Golf Datatech, golf rounds played on a national level were up 29.5 percent in March 2012 over March 2011. The biggest regional jumps came in the Mid Atlantic, New England, East North Central, and West North Central…
Holden Outerwear to Relocate from Portland to Los Angeles
Holden Outerwear plans to move from Portland to Los Angeles. Scheduled to open in early July 2012, the move represents a significant commitment to the brand's long-term strategy of extending Holden from Summit to Sea with a four-season offering…
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