The Chinese government reported that the Producers’ Price Index (PPI) for manufactured goods rose at its fastest rate in three years in January. Prices for crude oil rose 29.9%, while prices for latex surged 20.7%. The index rose relatively modestly in th
Category: Outdoor
Adams Golf Sets One-For-Four Reverse Stock Split
Adams Golf, Inc. said the Over-The-Counter Bulletin Board’s Corporate Actions group approved the company’s one-for-four reverse stock split. Additionally, the state of Delaware approved the company’s Certificate of Amendment to its Certificate of Incorpor
Perry Ellis to Meet Q4 Estimates…
Perry Ellis International, Inc. expects to report Q4 earnings that will meet or beat analysts' average estimate of 61 cents per share. The company also said that while the first half of its current fiscal year, which began Feb. 1, will be challenging
OBIT: Bill Modell
William “Bill” Modell, chairman of the board of Modell’s Sporting Goods, died February 14, 2008, in New York. He was 86 years old…
Nautilus Inc. Posts First Quarterly Loss in Q4…
Nautilus Inc.'s struggles continued in the fourth quarter as the manufacturer lost $47.7 million, or 99 cents a share, in the fourth quarter. That loss compares with earnings of $12.9 million, or 40 cents, a year ago. Sales tumbled 20.3% to $147.3 m
GSI Commerce Sees Sporting Goods Drive Q4 Gains…
GSI Commerce Inc. said its Q4 revenues rose 14% to $148.7 million from $130.3 million. Merchandise revenues rose 17.2% to $223.1 million from $190.3 million last year. Service revenues jumped 67.4% to $112 million from $66.9 million. Sporting goods reven
New Era Cap and Teamsters Settle Dispute…
New Era Cap Co. and the local teamsters union have reached a deal at the company's 118-worker distribution center in Mobile, AL. This deal marks the first contract for the warehouse, where workers voted 57-53 on July 12 for union representation. Rece
VF Sees Retail and International Driving Growth…
VF Sees Retail and International Driving Growth…
VF Corp., which has historically been a supplier to the mass channel, expects that by 2012, 72% of its total revenues will be either international, its own retail stores, the specialty channel, or the ups
Dick’s SG Expands Golf Program with Maxfli Acquisition…
Dick’s Sporting Goods took another step in its path towards exclusivity on the retail floor. The company acquired the Maxfli brand and all its related trademarks from TaylorMade-adidas Golf. Dicks SG, however, will be starting from ground zero with the br
American Rec Parent to Go Private…
Kellwood Company will go private as early as this week after shareholders of the company overwhelmingly accepted an offer from private equity firm Sun Capital Securities Group, LLC. Sun Capital said 70.8% of the shareholders of Kellwood Co. tendered thei
OR Winter Market Sees New Trends Emerge in Footwear…
Footwear at Outdoor Retailer Winter Market saw several trends crossing the show floor. Trail Running remains a hot category with more vendors making a presence felt here, both from the traditional outdoor companies and from the traditional running guys…
New Management Retools Yakima Dealer Programs…
Intent on making Yakima “sweet and easy,” new management has overhauled how the company sells to dealers. Starting last month, Yakima unveiled a new dealer program that greatly simplifies how dealers place preseason orders…
Golf Report: Dick’s Sporting Goods Expands Golf Program with Maxfli Acquisition…
Dick’s Sporting Goods took another step in its path towards producing all products seen on its retail floor. The company acquired the Maxfli brand and all its related trademarks from TaylorMade-adidas Golf. Dick’s, however, will be starting from ground ze
Golf Report: Golf Hardgoods Post Strong Year at Retail on Strength of New Drivers…
Data compiled by SportScanINFO shows that 2007 proved to be a strong year at retail for the golf hardgoods market. Sales increased 7.1% to $1.33 billion for the year as the introduction of new products, particularly in Drivers, spurred consumers to change
Golf Report: Bushnell Golf Sales Jump 25% for Fiscal 2007…
Bushnell Outdoor Products reported that its rangefinders led to strong double-digit sales growth for the company’s golf business in 2007. The company built on record 2006 sales numbers with a 25% increase for 2007. The company attributed the dramatic sale
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