American Rec Names Gorder as Isis VP

American Recreation hired former Smartwool manager Kelly Gorder as brand vice president for Isis, the women's activewear line it just relocated from Vermont to Boulder, CO, where it will operate alongside American Rec's other outdoor brands…

Asics Corp’s Q1 Revenues Climb 10 Percent

Asics Corp. reported revenues climbed 10 percent in the first quarter ended June 30, to 65.4 billion yen ($848 mm). Net income jumped 50.3 percent to 5.17 billion yen ($67 mm). Sales in the Americas rose 12.2 percent while operating profit jumped 35.1 pe

Timberland’s Q2 Revenues Jump 27 Percent

The Timberland Co., which in June reached an agreement to be acquired by VF Corp., reported second quarter revenue increased 27.1 percent to $240.1 million, up 20.6 percent on a constant dollar basis. The loss in the period was $20.1 million, down from a

Dillard’s Comps Climb 9 Percent

Dillard’s, Inc. announced July sales increased 8 percent in July to $458.5 million from $425.2 million. Comparable store sales increased 9 percent for the four weeks ended July 30…

Adidas Raises FY Forecast

Adidas AG raised its forecast for 2011 after profit and sales came in better-than-expected in the second quarter, driven by growth in China and European emerging markets. The company's sales are now expected to increase 10 percent for the full year,

NSSF Files Suit Against ATF to Stop Reporting Changes

The National Shooting Sports Foundation (NSSF), the trade association for America's firearms industry, has filed a lawsuit challenging the legal authority of the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) under the Gun Control Act to c

Garmin Fitness Segment Posts 25 Percent Sales Gain in Q2

Garmin Ltd.’s Fitness Segment posted sales of $78 million in the second quarter ended June 25, up 25 percent. That compared to an increase of just 1 percent at its Outdoor Segment, where sales reached $81 million. Sales at the GPS device makers Auto