Nike, Inc. is targeting top-line revenue growth to $23 billion by fiscal 2011 based on growth across its brand portfolio, up from $15 billion in fiscal 2006. Over the next five years, the company anticipates 75% of this growth will be generated by the Nik
Category: Outdoor
VF Corp. Q4 Revenues Driven by Outdoor Coalition
VF Corporation fourth quarter Revenues rose 9% to a record $1,598.8 million, compared with $1,462.4 million in the fourth quarter of 2005, driven by higher revenues across the Outdoor, Jeanswear and Sportswear businesses. Income from continuing operation
Sport Chalet Fiscal Q3 Earnings Out Pace Sales
Sport Chalet, Inc. fiscal third quarter sales increased 15.1% to $114.7 million from $99.7 million in the same period of 2005. Same store sales on a same day basis increased $3.5 million, or 3.8%. Net income for the third quarter increased 31.4% to $4.0 m
Pacific Sunwear to Close 74 demo Shops, Lowers Q4 Guidance
Pacific Sunwear of California, Inc. plans to close 74 “underperforming demo stores.” The company also reported sales for January were $96.9 million, up from $75.2 million during January of fiscal 2005, which was a four-week period. Total company same-stor
Dick’s Sporting Goods Inks Soccer Sponsorship with ESPN
Dick's Sporting Goods entered into a new agreement with ESPN for its soccer broadcasts with the 'Dick's Sporting Goods Halftime Report,' featuring game highlights, scores and soccer news from around the world. The halftime report will
OIA: New Budget Proposal Increases National Parks Funding
Outdoor Industry Association strongly supports the Administration’s proposed budget for the National Park Service announced today by U.S. Interior Secretary Kempthorne. The National Park Service would receive an additional $258 million dollars for its fi
Timberland Licenses Timberland PRO Apparel
The Timberland Company signed an exclusive licensing agreement with Block Corporation, a top developer and marketer of work wear. Through this collaboration, Timberland PRO, a division of The Timberland Company, will expand its presence in the work wear a
Coleman Parent Expects 20% Sales Jump…
Jarden Corporation is predicting that sales for the fiscal year will be approximately $3.85 billion compared to $3.2 billion last year and $839 million the year before. The company’s Outdoor Solutions Segment – which consists primarily of Coleman – is exp
adidas, Nike, and German Football Part Vier…
The love triangle between Nike, adidas and the German Football Association (DFB), continues to unfold with the most recent events involving Nike’s bid, adidas’ refusal to match, and a possible court battle between adidas and the DFB. Reports out of German
Gryphon Closes on G.I. Joe’s Acquisition
Gryphon Investors has closed on its acquisition of G.I. Joe’s, Inc. Terms of the transaction were not disclosed. Wells Fargo Retail Finance provided the financing for the transaction and Houlihan Lokey was the financial advisor for GI Joe’s…
Outdoor Retailer Winter Market ‘07: Bigger and Greener than Ever…
Two years ago, Patagonia’s CEO Michael Crooke issued a challenge to the outdoor industry to become the leaders in environmental sustainability. Apparently the industry took this message to heart, because this year’s OR Winter Market was a showcase of inno
Wool Continues to Work…
Wool infused garments continue to be a growing trend, and were seen in products all over the show floor. Brands such as Icebreaker, SmartWool and Ibex have plenty of company now, as wool is making its mark in some less traditional areas as well…
OR Winter Market: Bigger and Greener than Ever…
Two years ago, Patagonia’s CEO Michael Crooke issued a challenge to the outdoor industry to become the leaders in environmental sustainability. Apparently the industry took this message to heart, because this year’s OR Winter Market was a showcase of inno
OIA Wins Utah Roadless Protection…
With a petition signed by more than 400 ORWM attendees, Kim Coupounas, chairperson of OIA and CEO of GoLite; Frank Hugelmeyer, president of Outdoor Industry Association; Peter Metcalf, CEO of Black Diamond; Mike Wallenfels, president of Mountain Hardwear;
Dunlop Adds Sales and Marketing Analyst for Raquet Sports
Dunlop Sports Group Americas continues to grow its racquet division with the appointment of Kristin Mears as Sales and Marketing Analyst for Racquet Sports. Mears will coordinate the management and development of key racquet reports and analysis for Dunl
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