SGB Executive Outdoor

Li and Fung Acquires Jimlar Corporation

Hong Kong-based sourcing giant Li & Fung Limited confirmed Thursday that it has acquired U.S.-based footwear maker Jimlar Corporation, confirming a July report in these columns…

Groups Seek Ban on Lead-Based Ammunition and Fishing Tackle

A coalition of conservation, hunting and veterinary groups has filed a formal petition with the Environmental Protection Agency requesting a ban on the use of toxic lead in hunting ammunition and fishing tackle, according to a recent report…

ESPN Reaches Agreement in Principle to Sell BASS

ESPN Inc. has reached an agreement in principle to sell BASS, LLC to a group of investors led by Don Logan, Jerry McKinnis and Jim Copeland, according to a recent release issued by the Bristol, CT-based network…

Target Comps Up 3.8% for July

Target Corporation reported that its net retail sales for the four weeks ended July 31, 2010 were $4,585 million, an increase of 3.8% from $4,418 million for the four weeks ended August 1, 2009. On this same basis, July comparable-store sales increased 2.

K-Swiss Q2 Losses Widen on 21% US Sales Decline

K•Swiss Inc. today announced that net loss for the second quarter of 2010 was $14.5 million or 41 cents per diluted share, compared with a net loss of $11.5 million or 33 cents per diluted share, for the prior-year period…

Columbia Sportswear to Acquire OutDry Technologies

Columbia Sportswear Company signed an agreement to acquire OutDry Technologies S.r.l., which owns the intellectual property and other assets comprising the OutDry brand and related business, via a cash purchase from Nextec S.r.l., based near Milan, Italy.

Steve Madden’s Q2 Profit Soars 36%

Steve Madden reported second quarter net sales increased 36.2% to $158.7 million. Net income increased 63.0% to $19.8 million, or 70 cents per diluted share, compared to $12.1 million, 44 cents per diluted share in the prior year's second quarter…

Sturm, Ruger Sees 11% Q2 Revenue Decline

Sturm, Ruger & Company, Inc. reported sales in the second quarter fell 11% to $64.4 million from $72.4 million a year ago. Earnings slid 5.7% to $8.2 million, or 43 cents a share, from $8.7 million, or 46 cents, a year earlier…

Puma’s Q2 Profit Climbs 16%, Americas Sees Double-Digit Growth

Puma's second-quarter profit rose 16.4%. Revenue rose 2.5%, boosted by sales in the Americas, which advanced 26%. With a “strong outlook” for the second half, management continues to expect sales growth in the low to mid single-digits for the full ye

Jones Apparel Q2 Profit Nearly Doubles

Jones Apparel Group, Inc. reported revenues for the second quarter of 2010 were $860 million, as compared with $804 million for the second quarter of 2009. The company reported adjusted earnings per share 45 cents a share, as compared with adjusted earnin

Skechers’ Q2 Revenues Vault 69%

Skechers USA Inc. reported second quarter sales increased 68.9% to $504.9 million from $299.0 million a year ago. Earnings climbed to $40.2 million, or 82 cents a share, rebounding from a loss of $5.9 million, or 13 cents, a year ago..

G3 to Offer Binding Dealers Indemnity This Fall

G3 said it would become the first alpine-touring/backcountry ski binding manufacturer to offer a liability reduction and indemnity program to its North American dealers…