While many of the mysteries around the event weren’t resolved, including whether the show will continue in Salt Lake City and what time of the year the show should take place, Outdoor Retailer Winter Market 2015 marked another ringing success…
Category: Outdoor
Compass Diversified’s Q2 Earnings Up Sharply
Compass Diversified Holdings Inc. (CODI), which owns a number of middle-market companies including Ergobaby and Liberty Safe, reported net income of $26.6 million in the second quarter ended June 30 compared to $12.3 million a year ago…
Fox Factory’s Bike Sales Climb 24 Percent
Fox Factory Holding Corp., the maker of bicycles and power vehicles, reported second-quarter sales increased 12.5 percent to $97.2 million. The sales gain reflected a 23.9 percent increase in sales of bike products…
Blue Ridge Mountain Sports Secures Financing for Fall Inventory
Blue Ridge Mountain Sports Ltd. (BRMS) has secured financing for inventory to stock its seven stores in Charlottesville, Virginia Beach and Blacksburg, Va; Knoxville, TN; and Madison and Princeton, NJ…
The Buckle Reports July Comps Fall 8.1 Percent
The Buckle, Inc. reported comparable store net sales decreased 8.1 percent, for the 4-week period ended Aug. 1 and are now off 2.0 percent year-to-date…
Adidas Gains Momentum in Q2, Eyes Sales of Golf Brands
Adidas Group has hired an investment bank to consider options for its flagging TaylorMade-adidas Golf business, where a 26 percent sales decline in the second quarter weighed on otherwise encouraging results. Adidas reported currency-neutral sales increas
Polartec Recycles Billionth Bottle
Polartec LLC announced it had recycled its billionth bottle Wednesday during the Outdoor Retailer Summer Market, where it exhibits its fabric technology to hundreds of eco-conscious apparel brands…
Ibex Outdoor Clothing Secures New Credit Package
Ibex Outdoor Clothing LLC has secured a multi-million dollar credit package from First Niagara Commercial Finance Inc., which provides asset-based loans and working capital to help its customers expand and grow…
Trek’s Click-and-Collect Plan Could Mark Tipping Point
Trek Bicycle Corporation sent shock waves through the independent bicycle dealer (IBD) channel in the United States last week by announcing it would begin selling direct to consumers online, but share any profits with its dealers…
Gaiam Second Quarter Sales Surge on Kohl’s Business
Gaiam Inc. reported net revenue surged 27 percent in the second quarter as it began shipping an exclusive line of yoga apparel to Kohl's…
Vista Outdoor Ups Notes Sales by $50 Million
Vista Outdoor Inc. upped the amount of its pending private debt offering by $50 million and said the notes will pay annual interest of 5.875 percent…
ElliptiGo Names VP of Global Marketing
ElliptiGO Inc., creator of the world’s first elliptical bicycle, has hired Raphael Weishaupt as Vice President of Global Marketing…
Safilo’s North American Sales Slow
Safilo Group S.p.A. reported its sales growth in North America, where it is building a Global Sports and Outdoor Lifestyle segment around its Smith sunglasses brand, slowed significantly in currency-neutral terms in the second quarter…
Fitbit Crushes 2015 Q2 Earnings Expectations
Fitbit Inc., in its first report since going public, reported earnings and sales that blew past Wall Street expectations. Profits adjusted for expenses tied to the IPO rose 179.7 percent to $51.3 million, or 21 cents a share, from $18.3 million, or 9 cent
Rockport Sold to New Balance Affiliate, PE Firm
Berkshire Partners LLC, a Boston-based investment firm, together with New Balance Holding Inc., the investment arm of New Balance, completed the acquisition of The Rockport Company from the Adidas Group. As reported, the business was sold for $280 million