Genesco Inc.’s fourth quarter earnings rose 12% and exceeded expectations, driven by strong sales at Hat World and its direct-to-consumer catalog and e-commerce businesses combined with higher gross margins and lower expenses. Sales increased 6% to
Category: Outdoor
Adidas Group Sees Return to Growth in 2010; Owned-Retail the Lone Bright Spot in 2009
The adidas Group reported its fourth-quarter earnings fell sharply amid continued sales declines but said it expects growth to resume this year on the strength of its marketing around the FIFA World Cup, momentum seen in its adidas Originals lifestyle col
Warnaco Swimwear Group Records Profitable Q4
The Warnaco Group, Inc. reported Swimwear Group net revenues increased 10% to $50.8 million in the 2009 fourth quarter, citing gains in both Speedo and Calvin Klein Swim. Operating income increased to $2.3 million, or 4% of Swimwear Group net revenues, co
Escalade Sees Fourth Quarter Slide
Escalade, Inc. earned $1.1 million, or 9 cents a share, in the fourth quarter ended Dec. 26, compared with a loss of $4.6 million in the prior-year period. Furthermore, revenues declined 11.8% to $29 million from $32.9 million in the year ago period. Citi
Easton Sports Welcomes Chris Zimmerman
Easton-Bell Sports has appointed Chris Zimmerman as the president of Easton Sports, effective immediately. Reporting to Paul Harrington, President and CEO of Easton-Bell Sports, Zimmerman will take the reigns within the Easton Sports division…
Billabong Agrees to License Skate Brand Plan B
Billabong International Limited announced it has entered an exclusive 10-year agreement to license the California-based skateboard brand Plan B…
NSSF: 16 Months and Counting as Demand for Firearms Continues
Data released by the FBI’s National Instant Criminal Background Check System (NICS) reported 1,243,211 checks in February 2010, ranking the month the second highest February (eighth highest month overall) for most NICS checks, according to a release
Foot Locker Launches 5-Year Growth Plan, Looks to Increase Focus on Run and Apparel
Foot Locker Inc. announced a series to strategies to reach a goal of annual sales of $6 billion and net income margin of 5% over the next five years. At an analyst meeting, Ken C. Hicks, its new chairman and CEO, said the new strategy includes a increased
Fox Factory Sales Slip 7.7% in 2009, But Orders Soar
Sales at action sports components maker Fox Factory Holding Corp. reached $121.5 million in the year ended Dec. 31, 2009, down 7.7% from 2008, the company’s parent company reported. However, Fox ended the year with a 62% increase in firm back orders
Spyder Names Director of Marketing
After serving as Director of Marketing for nearly 20 years, Kathy Carroll has left Spyder to pursue new personal and career opportunities. Stepping into the position is Laura Wisner, who previously held the post of senior marketing manager…
Deuter USA Hires The Walton Works as PR Agency
Deuter USA has hired The Walton Works as their public relations connector effective immediately…
New Era Cap to Sponsor Pinstripe Bowl
New Era Cap Co. Inc. will be the title sponsor of the first-ever college football bowl game to be held at Yankee Stadium…
Container Imports to Grow 17% in First Half
Container imports are expected to grow 17% in the first half of this year as retailers restock depleted inventories at a rapid pace, according to the latest estimates released by the National Retail Federation. The numbers indicate a true and sustained re
Luxottica Slides in Fourth Quarter, but Oakley Shows Increases
Luxottica, which is the parent of Oakley and Sunglass Hut, reported consolidated sales were €1.15 billion ($1.71 bn) for the 2009 fourth quarter, down 6.4% (4.9% in constant-currency terms) from €1.23 billion ($1.62 bn) in the prior-year perio
Outdoor Coalition Wants Recreation to Play Bigger Role in U.S. Forest Service Planning
A coalition of national and regional outdoor groups, including Outdoor Alliance, Outdoor Industry Association, Appalachian Mountain Club, the Mountaineers and the Colorado Mountain Club, said it has submitted comments to the Obama Administration regarding
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