Under Armour continues to deliver solid top- and bottom-line results even as the brand reaches what many thought was near maximum penetration of its core full line sporting goods channel. But the brand is also reaching new customers with its core compres
Category: Outdoor
Crocs to Get Some New Bite…
Crocs, Inc. has entered into a definitive agreement to acquire the Bite Footwear brand for $1.75 million in cash, plus a potential earn-out of up to $1.75 million based on Bite hitting certain earnings targets over a three-year period. Bite markets and se
Callaway Golf Sees Fusion Drivers Give Second Quarter More Loft…
Callaway Golf Company saw its margin initiatives continue to pay off in the second quarter as net income growth well outpaced sales growth. A mix shift that saw a larger percentage of sales occur in Woods than Irons also helped boost margins and the bott
ITC Report Gives OIA and SIA Tools in Trade Negotiations
The U.S. International Trade Commission released a report that supports Outdoor Industry Association’s and SnowSports Industries America’s assertion that no commercially viable production of performance outerwear pants and jackets is available in the Unit
Mizuno First Quarter Sales Rise 7.5%
Mizuno Corp. saw first quarter net sales increase 7.5% to ¥46.92 billion ($389.0 mm) from ¥43.64 billion (381.4 mm) in the year-ago quarter. The company said it experienced strength in Footwear, Diamond Sports and Golf, but Apparel was soft. Gross margins
NexCen Inks Deal to Open 100 Athlete’s Foot Stores
NexCen Brands, Inc. signed a 20-year deal with TAF Mid-America Enterprises, Inc., a domestic and international franchisee of The Athlete's Foot for the last 17 years, to open a minimum of 100 additional TAF stores over the next 14 years. The minimum
International Trade Commission Report Supports OIA and SIA Position
Outdoor Industry Association’s (OIA) and SnowSports Industries America’s (SIA) assertion that no commercially viable production of performance outerwear pants and jackets in the United States was confirmed by a U.S. International Trade Commission (ITC) re
Mountainsmith Names Director of Sales
Erik Specht will take over as director of sales for Mountainsmith with responsibility for domestic and international sales including the development of sales strategies and programs as well as dealer relations. He will also be an integral part of the comp
Asics Sees 10% First Quarter Top and Bottom Line Gains
Asics Corp. reported a 10.0% increase in global net revenues to ¥56.84 billion ($471.2 mm) for the first quarter from ¥51.68 billion ($451.7 mm) last year. In the U.S., sales increased 11.4% to ¥12.24 billion ($109.8 mm), while operating income inched up
Escalade Sports Sees Increased Specialty Sales in Q2
Escalade Sports saw second quarter sales increase 2.8% to $34.1 million from $33.2 million last year due to increased sales to the specialty market, which includes dealers and specialty sports retailers. For the quarter, sales to the specialty market incr
RECALL: Raleigh Bicycles
Raleigh America, Inc. and the CPSC are recalling approximately 1.200 2007 Raleigh Cadent Bicycles with Carbonage Carbon Forks, because the forks can break causing the rider to lose control, fall and suffer serious injuries. Raleigh America has received th
Napapijri Forms Joint Venture in Japan
VF Corporation and one of its subsidiaries established a majority-owned joint venture with Mitsui & Co., Ltd. for the marketing and distribution of Napapijri brand products in Japan. Prior to the establishment of the joint venture, the brand was sold in J
Traser Watches Names VP of Sales
traser H3 Watch USA/mb-microtec has named watch industry veteran Tony Aliffi as its vice president of sales effective June 1. Aliffi is based in the Atlanta Metro Area and will report directly to the company’s vice president of the board in Switzerland…
Cabela’s Q1 Comps Slip 0.8%; Sales Jump 16.5%
Cabela's Incorporated saw total revenue for the second quarter jump 16.5% to $451.2 million from $387.3 million for the year-ago period. Total retail revenue increased 31.8% to $199.6 million, which included a same store sales decrease of 0.8%. Net i
Dorel Sees Bikes Drive Sales, But Net Down on Restructuring
Dorel Industries Inc. recorded a 5.3% increase in second quarter net revenues to $459.0 million from $435.9 million for the same period last year. Net income for the period was $10.8 million or 32 cents per diluted share, down 39.7% from $17.9 million or
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