Volcom, Inc. finished its first full quarter shipping product into its new European operations with management describing the results on a conference call with analysts as “right on target.” However, because of the general caution pervading the soft retai
Category: Outdoor
UA’s Kevin Plank Sells Stock
Under Armour, Inc. announced that Kevin Plank, chairman and CEO of Under Armour, filed a Form 4 with the SEC to report the sale of 1.5 million shares of stock, or about 10% of his holdings. The filing that on November 1, Plank and his family foundation an
Jarden Corp. Margins Slip Following
Jarden Corporation reported solid top-line growth and better than expected adjusted EPS and net income. The sales growth was in large part due to its acquisition K2 Inc. and Pure Fishing, both of which closed in August of this year. On the bottom line, mu
LaCrosse Q3 Sales Increase 12% Despite Warmer Weather…
LaCrosse Footwear Q3 sales rose 12% to $36.9 million from $32.8 million. Outdoor segment sales rose 7% to $21.8 million; work revenues grew 20% to $15.1 million from $12.5 million.
SIA Moves Trade Show to Denver for 2010…
SnowSports Industries America (SIA) will move its annual trade show to Denver from Las Vegas starting in January 2010. SIA has signed an agreement to hold the event in Denver for ten years. Speaking to BOSS , Bob Gundram, who is chairman of SIA's tr
Garmin Reports 24% Rise in Fitness/Outdoor Sales
Garmin Ltd. said its outdoor/fitness sales grew 24% to $88 million in the third quarter and that retail orders indicated holiday sales of personal navigation devices, or PNDs, would be strong. Outdoor/fitness was the second largest and third fastest grow
Grassroots Adds Idaho Mountain Touring to Membership…
The Grassroots Outdoor Alliance welcomed Idaho Mountain Touring to its membership ranks, the organization’s 34th member and 73rd store. Chris & Jill Haunold, owners of IMT, said that the main reasons they pursued joining Grassroots were “the pooling of re
Pacific Cycle Q3 Earnings Decline as Sales Inch-Up…
Dorel Industries Inc., the parent company to Pacific Cycle, which includes the Schwinn, Mongoose and GT brands, saw third quarter revenue increase slightly to $440.1 million, compared to $436.3 million last year. Net income for the three months was $26.4
OIA Keeps Momentum Going on Capitol Hill…
Representatives from Outdoor Industry Association, REI, Columbia Sportswear, VF Outdoor/The North Face, REI, Scent-Lok Technologies, W.L. Gore and Associates and General Electric/eVent spent two days on Capitol Hill this week. The main item on the agenda
New Balance Donates $3 Million to New England Aquarium
The New England Aquarium has received a $3 million gift from the New Balance Foundation to help build the New Balance Foundation Marine Mammal Center and to develop innovative programs using seals and sea lions to promote childhood fitness…
Hi-Tec Chairman Appoints Son as GM
Frank van Wezel, Hi-Tec's chairman, promoted his son Edward to General Manager. Edward van Wezel, 30, has worked at HI-TEC in various roles since 1999 and his new role will see him working closely alongside his father in the day-to-day running of Hi-
Quik Sells Cleveland to Srixon/Dunlop Parent…
Quiksilver Inc. is now getting out of the golf hardgoods business. While companies are sprouting up all over the PGA show floor with action sports-influenced golf apparel, the same trend has yet to materialize in the hardgoods space, leaving Quik to fulf
Rocawear Signs First Fragrance License
Rocawear, which was acquired by Iconix Brand Group in March 2007, has signed its first license agreement for fragrance with Elizabeth Arden, Inc. A debut fragrance is planned to launch in the fall of 2008. Financial terms were not disclosed…
NSGA Appoints Four to Hall of Fame
Ron Kruse, Hayden's Athletic; Augie Nieto, Life Fitness and Octane Fitness; the late Kihachiro Onitsuka, Asics Corp.; and the late Randy Renfrow, Fitness Resource, were elected the NSGA's Sporting Goods Industry Hall of Fame. The four new member
Report: Starbucks Exec to Become Converse CMO
Converse is expected to name Geoff Cottrill, VP-global entertainment at Starbucks, as its new chief marketing officer, according to a report from Brandweek. He will replace VP and global marketing director, Dave Maddocks, who left the company over the sum
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