Garmin Stock Hits New Low as Fitness Sales Slow

As feared, the fight for supremacy in the rapidly growing fitness tracking market is costing Garmin Ltd. dearly. Preliminary results for the second quarter ended June released 27 shows sales growth at the company's Fitness segment slowed dramatically

European Outdoor Brands Grew Shipments in 2014

Manufacturer sales of outdoor products grew by 1.2 percent in value and 1.4 percent in volume in Europe last year, reaching €4.83 billion ($6.4 bn), or an estimated €10.2 billion ($13.6 bn) at retail, according to estimates released July 16 by

New Balance Seeks Louder Voice

New Balance recently launched “Always in Beta,” its first global campaign, including its first television commercials in about four years. Reaching across 70 countries, the youth-oriented campaign is expected to be twice as large as any in the

Fitbit Nets Bullish Initiation Reports from Wall Street

With the quiet period following its June IPO lifted, a number of Wall Street firms sent out bullish reports on Fitbit, which has already more than doubled since going public on June 18. Four of the nine investment banks – Deutsche Bank, Stifel, SunTrust R

Running Race Participation Tapers Off

After experiencing 300 percent growth from 1990 to 2013, running event finishers in 2014 were slightly down from the all-time record set in 2013, according to Running USA. While the marathon and half marathon continue to grow, other distances declined…

Retail Sales Drop Unexpectedly in June

Retail sales in June, excluding autos, gasoline and restaurants, decreased 0.2 percent seasonally adjusted month-to-month while increasing a solid 3.1 percent unadjusted year-over-year…

Sports Direct Fiscal 2015 Sales Surpass $4.5 Billion

Sports Direct International plc of the United Kingdom reported group revenue increased by 4.7 percent to £2.83 billion, or approximately $4.53 billion, in the fiscal year ended April 26, thanks primarily to growth at its Sports Retail division…

Jarden Corp. Updates Q2 Guidance

Jarden Corp reported preliminary results for the second quarter indicate organic growth will exceed the company's targeted range of 3-5 percent. Adjusted earnings per share are expected to be in line with Wall Street consensus…