SGB Executive Outdoor
Nordstrom Increases Dividend
Nordstrom, Inc. announced that its board of directors has approved a quarterly dividend of 23 cents per share, an increase of 15% over the previous quarter's dividend…
TJX Q4 Earnings Fall 15%
TJX Cos.' fourth-quarter profit fell 15% as charges related to closure of the A.J. Wright chain offset a bigger-than-expected increase in revenue at its other outlets…
Luxottica Acquires Two Sunglass Chains in Mexico
Luxottica Group S.p.A., the parent of Sunglass Hut, announced that it has entered into an agreement pursuant to which it will acquire Stanza and High Tech, two sunglass specialty retail chains totaling more than 70 stores in Mexico…
Timberland’s Q4 EPS Double on 26.7% Sales Growth
The Timberland Company reported that global wholesale sales growth greatly outpaced that of direct-to-consumer sales in the fourth quarter ended Dec. 31, 2010, with strong performance of its men's footwear and SmartWool business in North America. Sal
Sports Direct’s Revenues Climb 12% in Third Quarter
Sports Direct International said total sales for the 13 weeks ending Jan. 23 were up 12.1% to £416 million ($656.3mm) from £371 million a year ago. Gross profit increased 8.4% to £167 million ($264.5mm) from £154 million a year earlier…
K-Swiss Widens Fourth-Quarter Loss, Futures Up Double-Digits
K-Swiss Inc. widened its loss for the fourth quarter to $20.6 million, or 58 cents a share, from $12.5 million, or 36 cents, a year earlier. Worldwide revenues increased 1.5% to $42.7 million from $42.0 million a year ago. Domestic revenues increased 2.8%
Phoenix Footwear Notifies AMEX of Plans to Delist
Phoenix Footwear Group, Inc. has notified the NYSE AMEX that it intends to delist its shares on or after Feb. 28 as part of a cost cutting plan. Upon delisting from AMEX, the company intends to have its common stock quoted on the Pink OTC Markets…
Outdoor Industry Praises Obama’s America’s Great Outdoor Report
Joined by six outdoor industry leaders and introduced by Sally Jewell—president and CEO of REI, President Obama unveiled a report on America’s Great Outdoors (AGO) focused on connecting Americans to the great outdoors. The report calls for establish
Penguin Brands Hires EVP of Sales and Strategy
Penguin Brands, Inc. hired Bridgit Lombard to the position of executive vice president of sales and strategy. She held senior executive roles with Clear Channel Communications, MetLife, and Deloitte before opting to launch her own business…
Skechers Q4 Profits Plummet on Soft Toning Sales
Skechers USA reported sales for the fourth quarter of 2010 increased 17.0% to $454.6 million as compared to $388.6 million in the fourth quarter of 2009. Due to lower gross margins, net earnings tumbled 88.5% to $3.2 million, or 7 cents a share, versus $2
Outdoor Retailer Continues to Grow as Running Specialty Destination
Running apparel has officially made its mark as a mainstay at Outdoor Retailer Winter Market in 2011. With a jump in the popularity of trail running, outdoor brands have thrown their hats in the ring with traditional running companies to vie for consumers
La Jolla Group Partners with The Berrics
La Jolla Group announced a landmark partnership with the world's leading skateboarding website and facility, The Berrics, founded in 2007 by professional skateboarders Eric Koston and Steve Berra. The two will retain full control and ownership of The
Burton Snowboards Cuts Ties with U.S. Shops Suspected of Gray Marketing
Burton Snowboards said it recently terminated dealer agreements with several U.S. shops suspected of re-selling products through unauthorized channels. This move reflects Burton's ongoing efforts to protect and support its global network of specialty
Pure Fishing Acquires Seible Fishing Lures
Pure Fishing, Inc. has acquired substantially all of the assets of the Sebile fishing lure business from Sebile International SA and its subsidiaries, a global supplier of fresh and saltwater fishing lures marketed under the Sebile brand name…
DU Gets Highest Mark Of Distinction In Land Conservation
Ducks Unlimited received the highest mark of distinction in land conservation when the Land Trust Accreditation Commission approved accreditation to both Ducks Unlimited Inc. and Wetlands America Trust, DU's supporting foundation that raises signific
