Former VF Corp. executive Michael J. Rees has been named to the newly created position of Chief Financial Officer of Jarden Outdoor Solutions (JOS). In his role, Rees will be responsible for the strategic leadership and financial consolidation of all the
Category: Outdoor
Under Armour Reports 30% Sales Growth for Q2; Raises FY08 Operating Income Outlook
Under Armour, Inc. reported revenues increased 30% in the second quarter to $156.7 million from $120.5 million. in the second quarter of 2007. Second quarter net income dropped 75.4% to $1.4 million, or 3 cents a share, from $5.7 million, or 11 cents, a y
Under Armour Ups Guidance on 30% Q2 Sales Gain
Under Armour, Inc. reported revenues increased 30% in the second quarter to $156.7 million from $120.5 million. in the second quarter of 2007. Second quarter net income dropped 75.4% to $1.4 million, or 3 cents a share, from $5.7 million, or 11 cents, a y
Jarden Q2 Sales Boosted by K2; Pro Forma Flat for Outdoor
Jarden Corporation reported second quarter net sales increased 29.5% to $1.36 billion compared to $1.05 billion for the same period in the previous year. Net sales for the company's Outdoor Solutions business jumped 69.9% to $708.6 million from $417.
Sea Otter Classic to Host Dealer Conference through 2011
The Bicycle Product Suppliers Association (BPSA) has signed a three-year agreement with the Sea Otter Classic to host its annual Bicycle Leadership Conference (BLC) in conjunction with the cycling festival through 2011…
Consumer Confidence Remains Weak
Consumers' outlook, while slightly improved from last month, continues to be very pessimistic, according to the Conference Board Consumer Confidence Index released Tuesday. Consumers anticipating business conditions to worsen over the next six months
Hanesbrands Earnings Soar Despite 4.4% Sales Decline
Hanesbrands Inc. said earnings increased on lower earnings due to difficult retail conditions and later shipments of back-to-school product. Net sales reached $636.3 million for the second quarter ended June 30, down 4.4% from the same period a year earli
New Balance Partners with Nine West on Shoe Line
Nine West Group, a division of Jones Apparel Group, Inc. and New Balance announced that they have entered into an agreement to license, create and distribute a fashion-lifestyle footwear collection. Terms of the agreement were not disclosed…
SportsOneSource Sees Growth Returning to Sport Footwear
The SportsOneSource Group expects to see the Sport Footwear business in the U.S. market grow in low-single-digits for 2008, according to statements made during the WSA Show in Las Vegas, NV. James Hartford, chief market analyst for the business informatio
Running Footwear Category Definitions Shifting
For decades, performance running shoe makers have segmented their product lines into distinct categories, effectively divided between stability, cushioning and motion control. Today, however, market forces are blurring those traditional definitions as inn
“I Will” Campaign to Launch at OR Summer Market
The Outdoor Foundation is challenging members of the outdoor sporting goods industry to sign a pledge at the OR Summer Market next month in which they promise to take two kids outside at least once in the next year to promote outdoor recreation…
Dick’s Receives Grant for New HQ
Alleghany County’s Redevelopment Authority has approved a request by Dick’s Sporting Goods for a $7.25 million grant to be used for infrastructure work on its new headquarters, reported The Philadelphia Inquirer. The grant money will be used for roads, se
Brunswick Posts Q2 Loss on Charges
Brunswick Corporation reported a net loss of $6.0 million, or 7 cents per diluted share, for the second quarter, compared with net earnings of $56.9 million, or 63 cents per diluted share, from continuing operations for the same period last year. The seco
Nautilus Consolidates U.S. Manufacturing and Distribution
Nautilus, Inc. is consolidating its U.S. manufacturing and distribution facilities. Nautilus will close its Tulsa, Oklahoma facilities by the end of 2008 and transfer the manufacturing of their products, principally, to its facility in Independence, VA. T
GSI Commerce Sees “Mixed” Results from SG
GSI Commerce, Inc. reported that second quarter revenues surged 47% to $193.2 million. Product sales grew 20% to $107.1 million. On a conference call with analysts, GSI Commerce CFO Michael Conn said they saw “strong results” from the pro sports league
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