Cabela’s Inc. said earnings slid 35.4% on a 16.6% rise in sales due largely to higher net charge offs of bad debt in its credit card business – a major source of profits for the retailer that is now masking improvements at it retail operations. Total reve
Category: Outdoor
Bass Pro Lays Off 30 at HQ
Bass Pro Shops has laid off 30 people at its Springfield corporate headquarters, according to Missouri's News-Leader..
Garmin’s Outdoor/Fitness Q2 Revenues Jump 54%
Garmin Ltd. reported revenues in its Outdoor/Fitness segment revenue increased 54% to $119 million in the second quarter. The gains were largely due to the strength of product introductions in the quarter. Financial highlights from the second quarter incl
Timberland Trims Second Quarter Loss
The Timberland Co. said its U.S. sales fell 13% in the second quarter – historically the company’s weakest – while wholesale shipments fell 10.1% worldwide as it continued to shut under-performing stores and prepare for critical global product launches in
Sport Chalet Feels Pain of Soft SoCal Market
Sport Chalet, Inc. saw sales and earnings decline as the retailer found conducting business in the Southern California market to be a tough thing to do. The retailer did see “fairly good strength” in men's apparel business along with the fitness busi
Under Armour Posts Strong Q2 Sales Growth
Under Armour closed its second quarter with sales above the year-ago period, while cluing analysts in to its plans for new product launches in the back half of this year and the first half of 2009. However, net income declined as a result of front-loaded
Callaway Golf Gets International Lift
Comping against peaking sales for the FT-i and FT-5 drivers last year proved too tall an order for Callaway in the second quarter as sales declined in the mid-singles. However, the company’s continued focus on operations led to an increase where it counts
OIA PAC Backs Udall
The Outdoor Industry Association’s Political Action Committee has chosen a veteran Congressman and former Outward Bound instructor to receive its first ever campaign contribution…
OR Seminar to Address Future Stewards of the Outdoors
Outdoor Industry Association (OIA) and The Conservation Alliance will present a seminar at OR Summer Market on the importance of developing the next stewards of the outdoors. The seminar, moderated by Steve Rendle, CEO of The North Face, will feature Larr
Ritchey/Syncros Names Retail Sales Manager
Ritchey Design/Syncros USA announced the promotion of Nate Shaw, formerly with inside sales, to national retail sales manager. Under this new title, Shaw will manage three customer groups – retail direct, builder sales and grassroots team businesses.
Veltec Names New England Rep
Veltec Sports has appointed Andy Ewas to the position of outside sales representative for the New England territory, effective Aug. 15, 2008. exclusively markets Sidi in the US, and Colnago, Descente, Enervit, Shebeest and Vredestein in both the US and Ca
Hi-Tec Hires Hochwender as Regional Sales Manager
Hi-Tec has hired Dennis Hochwender as their western regional sales manager, managing the sales team from California to the Rockies. He brings with him an extensive expertise in the outdoor market stemming from ten years in retail and 19 years as sales man
Nike Addresses Workers Rights Breaches in Malaysia
Nike said in a statement that it had completed its initial investigation into claims of unacceptable living conditions, withholding of worker passports and garnishing of wages at Hytex, a Malaysian contract factory. Nike said its investigation confirmed s
Ecco Launches Biom Running Shoes
In a nod to the growing ‘barefoot running” movement based on natural motion, Ecco is introducing Biom, a collection of performance road and trail running shoes that the company hails as “category-changing running product.”…
IronmanPower.com Provides 29-week Ironman Training and Nutrition Program
PowerBar has partnered with Ironman to launch a unique online destination for triathletes. The site will provide the latest nutrition information as well as interactive tools to help train for their event…
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