Adidas Group Achieves Sales and Earnings Targets for 2014

Adidas Group reported that preliminary, unaudited results show it reached its updated top- and bottom-line financial targets on an underlying basis. Excluding the impact from the divestiture of Rockport, currency-neutral (c-n) Group sales increased 6 perc

Brooks Running Juggernaut Continues

Navigating a challenging run specialty channel much more adeptly than their lucky, hometown Seahawks are managing their playoff run, Brooks Running posted a 15 percent increase in revenue growth in 2014, reaching a half a billion dollars in annual sales.

Jarden Sees Upbeat Q4

Jarden Corporation expects sales in its fourth quarter of at least $2.4 billion, above Wall Street’s consensus estimate of $2.32 billio. Fourth quarter adjusted EPS are expected to meet or exceed the current consensus estimate of $1.11…

Luxottica Reports Strong Q4 Gains

Luxottica Group, the eyewear giant and parent of Oakley, Ray-Ban and Sunglass Hut, reported fourth-quarter revenues rose 13.4 percent, or 7.9 percent in currency neutral (c-n) terms, to €1.87 billion ($2.8 bn)…

Cycle Gear Sold to PE Group

Cycle Gear, Inc., a leading provider of motorcycle apparel, parts and accessories with 112 stores in 34 states, has been sold to J.W. Childs Associates, L.P.. The buyout firm acquired majority interest from Harvest Partners, LP…

REI Honors 2014 Vendor Partners of the Year

REI named Eagle’s Nest Outfitters Inc. (ENO) as its overall Vendor Partner of the Year at the Outdoor Retailer Winter Market in Salt Lake City, and honored Kühl, Thule and Osprey Packs as divisional winners…

West Marine Lowers Earnings Outlook

West Marine, Inc. said EBITDA for fiscal 2014 is now expected to be approximately $22 million to $23 million versus previously-issued guidance of $27.5 million to $30.0 million. Same-store sales grew 2.8 percent in the fourth quarter…