Merrell’s President Exits

Wolverine World Wide Inc. confirmed that Gene McCarthy, Merrell brand’s president since August 2013, had left the company, effective May. 4. Jim Gabel, president of Wolverine’s Performance Group, has assumed day-to-day leadership of the brand.

RECALL: 220 Snow Peak Axes

Snow Peak USA of Portland, OR has recalled about 220 axes because their handles can crack and allow the axe head to come loose and pose a threat to the user or bystanders…

Sturm, Ruger Q1 Slumps, Outlook Brightens

Sturm, Ruger & Co. reported earnings slid 36.3 percent in the first quarter, to $15.5 million, or 81 cents a share. But earnings came in better than Wall Street's consensus estimate of 65 cents and management indicated underlying demand for firearms

Spy Inc. Q1 Sales Flat After Currency Impacts

Spy Inc. reported first quarter sales dipped 0.7 percent to $9.1 million, but that sales of its sunglasses, goggles and prescription frames would have grown substantially if not for the shift in exchange rates…

Puma Cuts 2015 Guidance On Strong U.S. Dollar

Puma reported first-quarter profits fell 30 percent despite a 13 percent revenue gain. Sales grew 4.4 percent on currency-neutral terms. The company said its profit would be lower than expected in 2015 after the strong U.S. dollar hit its first-quarter ea