ENK International LLC announced new dates and venues for the WSA Shows in 2010 and beyond. In February 2010, the three-day WSA show will be held on February 2, 3 and 4 at the Mandalay Bay Resort and Casino in Las Vegas, NV…
Category: Outdoor
Timberland Slightly Widens Q2 Loss; Sees Fall Order Trends Improving
Timberland posted a slightly wider second quarter loss, hurt by weakness in its casual footwear and apparel business and a stronger U.S. dollar. But Jeffrey Swartz, president and CEO, said some strengthening in fall orders shows that a rebuilding process
Johnson Outdoors Improves Fiscal Q3 Profits; Watercraft Division Struggles
After beginning a comprehensive cost-reduction plan in December of 2008 that which included an aggressive $20 million cost savings target, lower capital spending and significant reduction in peak working capital, Johnson Outdoors is reporting higher earni
Unifi Fiscal Q4 Sales Fall 26%; Sees Brighter Future
Conditions within the textile supply chain continued to improve throughout the fiscal fourth quarter for Unifi, Inc., as excess inventory levels are being depleted and production levels are becoming more closely aligned with consumer demand…
Sturm, Ruger Sees Second Quarter Sales Spike; Outlook Calls for Slower Growth
Sturm, Ruger, & Company saw second quarter sales skyrocket 87% on strong sales from new products, but management noted that the buying-surge sparked by the November elections is showing signs of slowing. Despite a 14% quarter-over-quarter increase in sa
Rocky Brands Sees Second Quarter Sales Fall Across All Divisions
Rocky Brands, Inc. said sales for the second quarter ended June 30, 2009 decreased 15.4% to $51.2 million versus net sales of $60.5 million in the second quarter of 2008. The company reported a net loss of $1.4 million, or 25 cents per diluted share, vers
Cabela’s Ups Guidance After Q2 Profit Jump
Following a first quarter that saw management voice concern over an increase in bad debt expenses, Cabela’s Inc. rebounded mightily in the second quarter to post better-than-expected profits as delinquent accounts decreased in every classification and ch
Taking A Look Inside the Amazon/Zappos Deal
Amazon.com revealed details of its acquisition of Zappos in a filing with the Securities and Exchange Commission Monday. The filing notes that Amazon began discussing an acquisition of Zappos in 2005 and indicates that Tony Hsieh, the online footwear reta
Asics America Seen Outpacing U.S. Running Market
Asics America Corporation is forecasting high-single-digit growth for the 2010 fiscal year, thanks to continued growth in its running footwear business and strong sell-in for its apparel business. The company is estimating that revenues will increase betw
Food Safety Enhancement Act May Ban BPA in Food Containers
The U.S. House of Representatives passed the Food Safety Enhancement Act of 2009 late last week and as a part of the legislation, Bisphenol A may be banned for use in plastic water bottles…
OIA Board Members Urge Paddlesports Industry to Cooperate
At the Outdoor Retailer Summer Market show last week, Canoe & Kayak Magazine announced the 2010 launch of a new paddlesports-specific tradeshow in Minneapolis. A group of current and past OIA board members recently sent an open letter to the paddlesports
i.e. Distribution Reaches Footwear Licensing Agreement for DADA
i.e. distribution reached a license agreement to produce and distribute DADA Footwear and DADA Supreme Footwear for North America. i.e. distribution is the world wide distributor and owner of World Industries, a 21 year old skateboard, footwear and access
Confluence Opens Accessories Division
Confluence Watersports is creating an independent Accessories Division which will include the Harmony and Adventure Technology brands. To lead this new division, Chris Pageau has recently been hired as general manager. In addition, the Adventure Technolog
Under Armour Beats Street Expectations in Q2, but Look Ahead Concerns Some
Under Armour, Inc. beat street expectations for the second quarter and provided full-year guidance that exceeds the estimates of analysts, but acknowledgement that the business growth will slow in the second half and moves to increase reserves to sell off
New Cycling Equipment Group Formed
The cycling equipment industry has come together to form the Global Organization of Cycling Equipment Manufacturers (GOCEM) with the objective of providing a unified voice for the cycling industry. GOCEM said its long-term mission and goal is to pursue a
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