Dorel Industries Inc. saw revenues for the third quarter increase 3.1% to $436.3 million from $423.3 million in the same period last year. Net earnings for the quarter were $25.1 million or 76 cents per diluted share, down 2.0% from adjusted net earnings
Category: Outdoor
New Balance Sponsors Sesame Street
New Balance Athletic Shoe, Inc. has finalized a four-year multi-million dollar agreement with Sesame Workshop, the nonprofit educational organization, to become a program sponsor of the Emmy-winning children series, Sesame Street…
Arc’Teryx Opens Retail Concept…
Arc’teryx Equipment, Inc. opened its first Arc’teryx Store in Montreal, Quebec – located in the city’s well-known Ste-Catherine Street shopping district. The 4,500 sq. ft. store is the brand’s first venture into full-scale retail. Housed within the Concor
Zumiez October Comps Increase 15.9%…
Zumiez Inc. reported net sales increased 50.9% in October to $19.9 million, compared to $13.2 million for the same month last year. The company's comparable store sales increased 15.9% on top of a 10.0% in the year-ago period…
Garmin Continues to Grow Outdoor/Fitness Market
Garmin’s third quarter was bolstered mainly by its rapidly growing automotive segment, but the Outdoor/Fitness and Marine divisions also saw some solid numbers on both the top and bottom line. Third quarter 2006 total revenue was $408.0 million, up 62% fr
Veltec Opens New Distribution Facility
Veltec shipped its first official order this week from the company's newly expanded Carson City, Nevada location. The company ceased operations for two days to move from its longtime Monterey, CA headquarters to this new facility in Carson City. The
The Trade Show Wars Begin with Eurobike Launching a New U.S. Bike Show…
Messe Friedrichshafen, the owners of Eurobike, will be launching a new trade show in the U.S. to compete directly with InterBike. Officials from Eurobike have reportedly met with Portland city officials to discuss hosting the show at The Oregon Convention
TomTom Denied Injunction in Garmin Action…
Garmin Ltd. has received a decision from the District Court in The Hague, Netherlands that denies the preliminary injunction sought by TomTom International B.V. in preliminary relief proceedings alleging infringement by Garmin of a European-registered des
Four Elected to SG Hall of Fame…
After presenting the coveted industry Hall of Fame award for many years, Mickey Newsome, the chairman and CEO of Hibbett Sporting Goods, will himself receive the honor next year. Mr. Newsome will be joined by Sharp Lannom of DeLong Sportswear, Inc.; the
Van Dine and Partners to Launch Ahnu Footwear Brand
Van Dine and Partners plan to launch Ahnu, a new footwear brand that will make its debut with select retail partners in April of 2007. The staff of Van Dine and Partners will disband its consulting practice to become the full time management team for Ahnu
Dick’s Sporting Goods’ CFO to Resign
Michael F. Hines, Dick's Sporting Goods, Inc.'s Executive Vice President and Chief Financial Officer will resign after the year end earnings release sometime in March, 2007. Mr. Hines joined the company in March 1995…
Mitre Launches Apparel Collection
Mitre, a license of Elan Polo, expanded it’s product line-up with the introduction of a Euro-Fashion street-sport and soccer style inspired apparel line in the U.S.
The apparel line launched at the fall ‘06 MAGIC tradeshow in Las Vegas and will hit r
Brand Jordan Adds to NBA Athlete Stable
Jordan, a division of Nike, Inc., has welcomed a stable of new athletes to Team Jordan, led by 2005-06 T-Mobile NBA Rookie of the Year Chris Paul. Paul will represent the Jordan brand of footwear, apparel and accessories both on and off the basketball co
Nordstrom October Comps Jump 10.7%
Nordstrom, Inc. reported preliminary sales of $622.4 million for the fiscal month ending October 28, 2006, an increase of 11.9% compared to sales of $556.3 million for the four-week period ending October 29, 2005. Same-store sales increased 10.7%…
TomTom Denied Injunction in Dutch Case Against Garmin
Garmin Ltd. has received a decision from the District Court in The Hague, Netherlands that denies the preliminary injunction sought by TomTom International B.V. in preliminary relief proceedings alleging infringement by Garmin of a European registered des
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