Volcom, Inc. shrugged off the sluggish economy to post strong first quarter sales gains, citing the “a powerful brand will sell regardless” ethos. The company is firing on all cylinders as margins expanded, expenses contracted and the bottom line grew in
Category: Outdoor
Gander Registers 9.8 Million Shares
Gander Mountain Company said it registered 9.8 million shares of its common stock originally sold in two private placement transactions to major investors, both of whom serve on the company's board of directors and said they remain long-term investor
Pro Hockey Life Acquires Entrepôt du Hockey
Pro Hockey Life Sporting Goods Inc., the hockey superstore concept operating under the Sports Gilbert Rousseau and Pro Hockey Life banners, has completed a private financing round to fund the acquisition of Sports L.G.L. Inc. (“LGL”) in Quebec City, as we
Schutt Partners with Bethlehem Sporting Goods
Schutt Reconditioning, of Easton, PA and a division of Schutt Sports, Inc. has entered into a marketing and distribution agreement with Bethlehem Sporting Goods of Bethlehem, PA. The new partnership will leverage assets of both Schutt Reconditioning and B
Exel Sells Outdoor Business to Karhu
Exel plans to sell the outdoor business of Exel Sports Brands to Karhu Sports, one of the leading Finnish sports equipment manufacturers. Terms were not disclosed. Exel will keep the remaining floorball business and conduct a strategic review of the struc
Shock Doctor Awarded Injunction in Case Against XO
Shock Doctor, Inc. reports it was granted a preliminary injunction in its case against New Jersey-based XO Athletic Company in U.S. District Court for the District of Minnesota on April 23, 2008. Chief Judge James M. Rosenbaum found that a protective mout
Yakima Marketing Exec to Champion Sustainability
Yakima named Mike Steck, formerly senior marketing director, to the new position of senior director for customer marketing and sustainability…
FGXI Q1 Sunglass and Frame Sales Up 8%
FGX International said its sales of sunglasses and prescription frames rose 8% to $18.1 million, in the first quarter ended March 29. The company attributed the increase in sales in the sunglasses and prescription frame segment to new product launches and
Z-Man Fishing Buys Rights to Chatterbait
Z-Man Fishing Products, Inc. said an affiliate has acquired from Rad Lures, Inc. all of the trademarks, patents, designs, trade dress rights and other intellectual property associated with the Chatterbait brand. Included in the deal is the popular origina
Cabela’s Posts Hefty Gains in First Quarter
Cabela’s Incorporated reported that its total revenue for the first quarter ended March 29 increased 15.9% to $535.5 million despite an 8.4% decline in same store sales. While direct sale dipped slightly, revenues from credit card operations rose 13.9% to
Next Inc. Partners with GSI Commerce
Next Inc., which owns several sports licensing businesses, announced that it has signed a new merchandising agreement with GSI Commerce. The company has expanded its distribution to include e-commerce to include www.campustraditionsusa.com, www.rpmsportsu
Garmin Sees 16% Gain in Outdoor/Fitness
Garmin Ltd. reported revenues in the Outdoor/Fitness segment increased 16% to $71 million in the first quarter. Overall, total revenues in the first quarter were $664 million, up 35% from $492 million in first quarter of 2007…
ASR Adds Account Executives
ASR brings on two trade show veterans to further develop business options available at ASR events and improve customer service. Paul Dillman and Ashley Walker join ASR sales manager Dan Moylan as account executives to round out the ASR sales team. In addi
West Marine Q1 Net Loss Grows
West Marine, Inc. saw net sales for the first quarter ending March 29, 2008 total $113.3 million, decreasing 9.9% from net sales of $125.8 million last year. Comparable store sales decreased 9.4% compared to the year-ago quarter. Pre-tax net loss for the
Dorel’s Bike Division Reports 54.9% Q1 Sales Increase
Dorel Industries Inc. said total revenue rose 54.9% at its Recreational/Leisure division to $136 million for the first quarter ended March 31. Gross profits and earnings from operations at the division more than doubled. While newly acquired Cannondale Bi
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