SGB Executive Outdoor
Adidas Posts Q4 Loss on Reebok Impairment Charges
Adidas reported a loss in the fourth quarter as it wrote down the value of its struggling Reebok brand. But it gave an upbeat outlook for the current year, predicting sales and earnings would rise with sales increasing in the mid-single digit range. It al
Report: Rip Curl Sale Unlkely
Brian Singer, co-founder of Rip Curl, told The Australian that a sale of the surf brand isn't likely to happen. In August, Rip Curl appointed Merrill Lynch to investigate sale options…
Costco Posts 5 Percent Comps Growth in February
Costco Wholesale Corporation reported currency-neutral U.S. comparable store sales excluding gasoline prices grew 5 percent in the 12 weeks, and 6 percent in the 24 weeks ended ended March 3…
Brooklyn Cruiser Expands to Flexible Workspace Complex
Urban Bike company Brooklyn Cruiser has expanded its offices in Brooklyn by leasing space at The Yard, a flexible workspace complex that houses many creatively oriented start-up companies…
Jarden Increases Stock Buyback Program
Jarden Corporation announced that its board of directors has authorized an increase to its current share repurchase program. The authorized share repurchase program is now $500 million. The new program includes the remaining $130 million of unused capacit
OIA Seeking Retailers and Manufacturers to Participate in Benchmarking Studies
Outdoor Industry Association (OIA) is looking for retailers and manufacturers to provide data for our biennial outdoor industry benchmarking reports. These reports are invaluable tools that help companies analyze industry-wide financial, operating and com
Saks Profit Hurt by Higher Costs/Sandy
Saks Inc. reported that for the fourth quarter ended Feb. 2, the company recorded net income of $20.4 million, or $.13 per diluted share…
Granite Gear Hosts Sen. Al Franken at Minnesota Headquarters
Senator Al Franken (D-MN) visited Granite Gear’s headquarters in Two Harbors, MN Saturday, Feb. 23. After being greeted by 30 staff and their family, Franken toured the facility and met with Granite Gear founders Jeff Knight and Dan Cruikshank to d
Accell Says Raleigh, E-Bikes and PandAs Drive Double Digit 2012 Sales Growth
Accell Group N.V. reported sales increased 23 percent to €772.5 million ($993 mm) in 2012, from €628.5 million in 2011, including €123 million ($158 mm) from the acquisitions of Raleigh, Currie and Van Nicholas and partly due to rising s
HanesBrands Supports the United Way
HanesBrands, the parent of Champion, and its employees raised $2.22 million for the United Way of Forsyth County, exceeding its goal for the 2012 campaign…
U.S. Anti-Doping Agency Exec to Address Bicycle Leadership Conference
U.S. Anti-Doping Agency (USADA) Chief Operating Officer John Frothingham will speak at the upcoming 2013 Bicycle Leadership Conference about how companies within the industry can work together to ensure that competitive cycling is free of performance enha
Nordstrom Turns in Impressive Fourth Quarter Comps
Nordstrom, Inc. reported that total company same-store sales increased 6.3 percent in the fourth quarter ended February 2, 2013 compared with the same period in fiscal 2011. Nordstrom same-store sales, which consist of the full-line and Direct businesses,
The Conservation Alliance Ads 10 New Members
The Conservation Alliance has added 10 new members since August, 2012, further strengthening the organization as conservation opportunities flourish throughout the United States and Canada…
Starter Brings Back Line Of NBA Jackets
G-III and the National Basketball Association (NBA) have teamed up to bring back the iconic line of NBA Starter Jackets with the unveiling of the new Starter x NBA collection. The Starter Jacket, made famous in the 1980's and 1990's, is a joint
Easton-Bell Sports Names Lee Chairman and CEO, Mayhew President and COO
Easton-Bell Sports, Inc., which owns the Easton, Bell, Riddell and Giro brands, appointed board member and former CEO and co-owner Terry Lee executive chairman and chief executive officer. Tim Mayhew, a managing director of Fenway Consulting Partners, LLC
