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
Category: Outdoor
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.
REI Foundation Donates $1.5 Million to Fund Women’s Leadership Initiative
The REI Foundation is donating $1.5 million to the Outdoor Industries Women's Coalition (OIWC) to develop programming for a women's leadership initiative backed CEOs at a dozen outdoor brands, including The North Face, Outdoor Research, Smartwoo
REI Donates $1.5MM to Fund Women’s Leadership Initiative
The REI Foundation is donating $1.5 million to the Outdoor Industries Women's Coalition (OIWC) to develop programming for a women's leadership initiative backed by a dozen outdoor brands, including five headed by women…
Poll Shows Sharp Drop in in Participation in School Sports
Participation in school sports by children from households with less than $60,000 in annual income decreased 10 percent during the 2013-14 school year compared with the 2011-12 school year, according to latest University of Michigan Mott Children's H
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)…
Marker Völkl to Acquire Dalbello
Marker Völkl, which is part of Jarden Outdoor, agreed to acquire the Dalbello Group, the family-owned Italian Italian ski boot brand…
REI Partners with the American Council on Exercise
REI has joined forces with the American Council on Exercise (ACE) to offer specialized training for mountain climbing, backpacking and 5-10K runs in select REI store communities beginning in February…
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…
NRF: One in 10 Super Bowl Viewers to Purchase Team Merchandise
More than one in 10 of the 184 million people expected to watch Super Bowl XLIX will spend money on apparel and accessories licensed by the Seattle Seahawks and New England Patriots, according to a Super Bowl Spending Survey conducted for the National Ret
USA Triathlon Offering Grants of up to $50,000
The USA Triathlon Foundation's first-ever grant program will award up to $50,000 to individuals, clubs, teams and organizations to support and promote the sport of triathlon in 2015…
Smith and Outdoor Tech Offer Aftermarket Audio for Helmets
Outdoor Tech and Smith will offer co-branded drop-in audio systems for all Smith adult snow sports helmets this fall…
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…