Blaming weak economies in many regions of the world, Shimano Inc. reported earnings and sales declined in the first half and lowered its earnings guidance for the full year.
Category: Outdoor
Outdoor Retailer Summer Market Kicks Off
Outdoor Retailer Summer Market kicked off yesterday bright and early with the 7 a.m. OIA Industry Breakfast, featuring former Interior Secretary Sally Jewell speaking on the theme of “Together We are a Force for Public Lands.” So it’s fitting that yesterday, OR attendees got outside to enjoy those lands at a variety of pre-show experiences.
Rocky Brands Profits Rebound As Sales Stabilize
Said Jason Brooks, Rocky Brand’s new CEO, on a conference call with analysts, “Similar to the first quarter, our branded wholesale business showed signs of stabilizing.”
Outdoor Retailer Summer Market: What You Missed At Demo Day
SGB was there yesterday at the Outdoor Retailer Demo Day and selected some of the more notable and new items from the Paddlesports category that will play a major role in future seasons. Writer: Travis Poulin Stand Up Paddleboard (SUP) Waterman iSUP BK Pro 9’10 is suited best for the lighter rider. The BK Pro line was designed by Brian […]
Duluth Holdings Appoints CFO
Duluth Holdings Inc. announced that Dave Loretta has been appointed senior vice president and chief financial officer. Loretta will succeed retiring CFO Mark DeOrio.
Shimano’s Sales Slide In First Half
Operating earnings declined 9.8 percent while sales dipped 2.0 percent.
Unifi’s Q4 Revenues Climb 4.5 Percent
Unifi Inc. reported earnings dipped 4.9 percent in its fourth quarter ended June 25 due to higher administrative expenses while revenues grew 4.5 percent.
Vail Resorts Commits to Zero Net Operating Footprint By 2030
This ambitious undertaking, announced to employees at a companywide event on Tuesday, commits to zero net emissions by 2030, zero waste to landfill by 2030 and zero net operating impact to forests and habitat.
Rocky Brands Returns To Profitability In Q2
Rocky Brands reported second quarter net income of $1.5 million, or 20 cents per diluted share, compared to a net loss of $1.8 million, or 23 cents, in the second quarter of 2016.
Luxottica Sees North America Return To Growth In Q2
On a conference call with analysts, Stefano Grassi, CFO, said the wholesale gains were driven by sales to independent opticians and key accounts that more than offset the weakness of the department store and sports channels.
SSI Data: Core Categories Keep Outdoor Footwear Sales Afloat in Calendar First Half
Internet growth easily outpaces brick & mortar gains in the period ended July 1. Outdoor footwear sales grew more than 2 percent in the calendar first half of the year, with strength in hiking boots, backpacking boots and approach footwear offsetting sales declines in outdoor casual footwear and fishing waders. The core functional hiking and […]
SGB Media Is Live At Outdoor Retailer Summer Market 2017
The SGB team is packing up our plaid shirts and trucker hats and heading to Salt Lake City. Writer: Carly Terwilliger From Demo Day to Outsiders Ball, from show floor business to happy hour socializing, we’ll be onsite as the outdoor industry bids a fond farewell to Salt Lake and turns its head toward Denver. […]
Bass Pro Settles Minority Hiring Lawsuit
Bass Pro agreed to pay $10.5 million to settle a nationwide class action case brought by the Equal Employment Opportunity Commission, according to the Houston Chronicle.
Luxottica’s Revenues Expand 4.2 Percent In First Half
Luxottica Group S.p.A.’s net sales grew by 4.2 percent in the first half to €4.72 billion and gained 1.8 percent at constant exchange rates.
VF Lifts Outlook On North Face And Vans Momentum
VF Corp. raised its guidance for the year due to stronger-than-expected growth in the second quarter in its Outdoor & Action sports coalition, driven by its Vans and The North Face; as well as above-plan sales across its its D2C channel, led by digital.
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