TomTom RandD Restructuring to Cost 457 Jobs

TomTom said it will reduce the number of full time jobs by 457, which accounts for approximately 10% of the total workforce as part of a restructuring of its research and development operations designed reduce time to market…

Smith and Wesson Q2 Sales Jump 10.5 Percent

Smith & Wesson Holding Corporation reported second-quarter revenues rose 10.5 percent to $92.3 million as strength across nearly all firearm products offset a decline in hunting product sales. ..

Andy Tompkins Departing Interbike

Interbike announced that show director Andy Tompkins will be leaving the company at the end of the month “to pursue other professional opportunities.”…

G-III Q3 Sales Up Slightly

G-III Apparel Group, Ltd. reported slight increases in sales for the third quarter of fiscal 2012 that ended October 31, 2011. The company said that, for the three months ended October 31, 2011, net sales increased to $510.0 million from $450.0 million i

SIA: Pre-Season Snow Sports Sales up 14 Percent

Snow sports retail sales are off to a strong start this season and equipment is leading the charge, according to retail sales data released by SnowSports Industries America. Overall, snow sports retail receipts are up 14% in dollars sold and 7% in units s

Canari Parent Buys Shebeest

The California company that owns Canari Cyclewear has acquired women’s cycling apparel brand Shebeest, Bicycle Retailer reported Tuesday…

Vail Resorts Retail/Rental Sales Rise 22.3 Percent in Q3

Vail Resorts, Inc. reported that its retail/rental revenue increased $4.9 million, or 22.3 percent, for the three months ended October 31, 2011 compared to the same period in the prior year, when abundant snow set the stage for what would become a record

Oakley Awards Swimwear License to Trimera

Trimera Group has licensed the global rights to market and distribute swimwear under Oakley brand. The line will include both lifestyle and performance swimwear, as well as swim-related apparel and accessories, cover-ups, bags…