While many Western resorts were able to open their doors early last month, there have been no reports of record snowfalls to drive early sales. As a result, SnowSports hardgoods’ sales have had a relatively slow start to the season but below normal tempe
Category: Outdoor
Outdoor University Shifts Focus to Retail Management Skills…
Since OIA acquired Outdoor University in January, the organization has been working with retailers, manufacturers, and sales reps to see how best to shape this program to meet the needs of the industry. Previously the program was designed exclusively to
Vail Resort’s Fiscal Q1 EPS Flat on 33% Revenue Gain
Vail Resorts, Inc. first quarter of fiscal 2007 total revenues increased $28.1 million, or 32.9% to $113.5 million from $85.4 million for the comparable period last fiscal year. Loss from operations for the quarter increased $1.0 million, or 2.0%, to a lo
Miōn to Operate as Carbon Neutral Brand
Miōn footwear will operate as a carbon neutral brand in 2007 and beyond. The brand formulated this goal to operate as a carbon neutral company just prior to the European Outdoor Show in Friedrichshafen, Germany and the Outdoor Retailer Summer Market
OIA Scores Major Victories During Final Votes of 109th Congress
Outdoor Industry Association scored a series of major victories on Capitol Hill recently. Congress has approved legislation that for the first-time provides a permanent source of funding for local parks and trails. The precedent-setting legislation establ
GBMI Creates U.K. Subsidiary
Global Brand Marketing Inc. is organizing its operations in the United Kingdom in order to establish direct control over its wholesale distribution, merchandising and marketing in that region. In addition, GBMI has hired Steven Price Brown to head up GBMI
Forzani Sees Strong Third Quarter; Comps Increase 7.7%
The Forzani Group Ltd. net earnings for the third quarter were $11.9 million, or 35 cents per share, compared to the prior year's third quarter of $6.5 million, or 20 cents per share, an 83.1% increase in profits and a 75.0% increase in earnings per
Heelys IPO Skates Ahead of Expectations
Heelys IPO officially launched on Thursday and the market priced the 6.425 million share offering well above original estimates. The offering was expected to sell for $16-$18 per share but sold for $21 per share, raising almost $135 million…
Dick’s Sporting Goods and NFL Team Up for Holiday Giving
A special holiday shopping event, co-sponsored by several NFL teams, is scheduled to take place in Dick's Sporting Goods stores throughout December. The event gives approximately 50 underprivileged kids in each community MVP status through a special
Gildan Fourth Quarter Sales Boosted by Acquisition; Increases Guidance
Gildan Activewear Inc. fourth quarter net earnings were $16.8 million and diluted EPS were 28 cents. Sales in the fourth quarter amounted to $235.2 million, a record for any fiscal quarter, and up 30.2% from $180.7 million in the fourth quarter of last ye
Spy Optic Shuffles California Reps
Spy Optic's rep Nik Hennessee will be transitioning from his present territory of Los Angeles to the Orange County region. Due to pressing family matters, existing OC rep Todd Madsen will be moving to Northern California. He will be greatly missed a
Cutter and Buck Profits Jump on 10% Sales Increase
Cutter & Buck Inc. second quarter sales increased 10.7% to $37.3 million. Corporate business unit sales were $14.8 million, a 5.9% increase. Golf sales were $7.7 million during the second quarter, a 4.6% increase. Specialty retail sales of $9.9 million in
Coleman Promotes Three SVPs
The Coleman Company, Inc. promoted three senior vice presidents, Pat Barnett, Senior Vice President of Global Product Management; Bob Fowler, Senior Vice President of Global Supply Chain; and Sam Solomon, Senior Vice President, Global Administration and C
Puma Extends Cameroon Football Sponsorship
PUMA and the Cameroon Football Association have announced a long-term extension to their partnership initiated back in 1997. PUMA will continue to be the Official Supplier of The Indomitable Lions and its associated teams including the Men’s ‘A’, ‘B’, ‘U2
RVI Explores Strategic Alternatives for Value City
Retail Ventures, Inc. is exploring strategic alternatives for its Value City Department Stores operations, including a possible sale of the division. RVI has retained Financo, Inc. and CIBC World Markets Corp. as its financial advisors to assist in this e