Acushnet Golf, the golf division of Fortune Brands, Inc. that houses the Footjoy, Cobra, and Titleist brands, saw double-digit second quarter sales growth driven by new product introductions from all three brands. Net sales increased 11.5% to $474.6 mill
Category: Outdoor
The SportsOneSource Group Expands Team…
In an effort to better service the needs of a growing and divergent client base, The SportsOneSource Group has added three solid industry professionals to its business development team…
Implus Acquires Sneaker Balls…
Implus Footcare, which is parent to the Sof Sole, Apara, and Yakrax brands, has acquired Sneaker Balls, a patented shoe deodorizing product. The company sees the product as the perfect complement to the Sof Sole ‘One-Stop Shop’ footwear accessory program
West Marine Sees Weak Boat Sales in Second Quarter…
West Marine's second quarter earnings managed to beat Wall Street estimates as tight inventory and cost controls offset weak sales. In June, the company had cut its 2007 earnings and sales outlook, citing softness in the Southeast, particularly the k
Cybex Q2 Sales Jump, Net Down on Tax Valuation
Cybex International saw a 15.7% jump in net sales for the second quarter to $34.7 million, driven by “strong sales” of both the strength and cardio products. Gross margins declined 110 basis points for the quarter to 35.1% of sales, while SG&A expenses gr
REI Appoints New Board Member
Recreational Equipment, Inc. appointed Jesse King to a one-year term to the company's board of directors. King, 52, resides in Evergreen, CO. A consultant in the arenas of leadership, organizational development and philanthropy, King has assisted num
Crocs Inc. Raises Guidance Again; Shares Jump…
Crocs, Inc. proved once again it's anything but soft, tripling its quarterly net income and boosting its guidance for annual earnings and sales for the second time this year. CROX hiked its sales forecast for this year to $810 million to $820 million
LaCrosse Q2 Sales Jump 14%; Net Off Slightly
LaCrosse Footwear, Inc. saw second quarter consolidated net sales increase 14% to $24.9 million from $21.8 million in the second quarter of 2006. Sales to the work market were $13.2 million for the second quarter of 2007, up 6% from $12.5 million for the
SEW Goes One-On-One with… Zappos’ Christopher Peake
Christopher Peake, Zappo’s senior buyer for performance athletics, joined the Internet retailer in May 2004 and oversees the running, outdoor, surf/skate and team categories. Prior to joining Zappos, Peake had a long career as a buyer for San Francisco�
Nike to Resume Relationships with Two Indonesian Factories
According to a report by Reuters, Nike offered to delay severing contracts with two of its Indonesian factories providing they make a “firm commitment” to improving performance. The pair of factories employ 14,000 people…
Deckers Increases Guidance on Stronger than Expected Second Quarter…
While Deckers reported strong top-line growth in Q2 and impressed Wall Street with better than expected results, lower gross margins caused a considerable decline in operating margins for the period. Overall sales growth was driven by across-the-board gai
Columbia Doubles Q2 Income on International Strength; U.S. Market Remains Slow…
Columbia hit record sales and earnings targets during the second quarter in spite of a weak U.S. market and slow sell-through due to weather issues early in the quarter. Sales were driven by continued growth in the sportswear category and in major markets
CenterStone Adds Icebreaker to Client List
CenterStone Technologies, Inc., an international developer of Web-based sales order management software for manufacturers of apparel, footwear, equipment and accessories, reported that Icebreaker, of Sun Valley has selected the company’s iVendix software
Largest Investor Latest to Take Issue with Everlast Sale…
Shortly following a letter sent by Aquamarine Capital Management to the Everlast Worldwide Board challenging the terms of the company’s sale to Sport Direct, the Board received a letter from the company’s largest independent stockholder, Burlingame Asset
L.A. Port Strike Averted…
Port clerks and their employers at the nation's largest port complex tentatively agreed on a new contract last Thursday, preventing a strike at the ports of Los Angeles and Long Beach. The deal with the Office Clerical Unit, Local 63, of the Internat
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