SGB Executive Outdoor
GoLite Names new US Sales Director
GoLite named Todd Poseley as U.S. sales director, effective Aug. 7, 2008. He will report directly to GoLite Co-Founder and President, Demetri Coupounas. Posely joins GoLite from Moving Comfort, where he helped re-launch the women's running apparel br
Adventure Medical Kits Doubles Sales Team
Citing a doubling of sales for its survival line of adventure gear, Adventure Medical Kits has doubled its sales team with hires from REI and GoLite. Three new hires will report to National Sales Manager Joe Sementilli, who will now focus on managing AMK’
Backwoods Plots Expansion, E-commerce Launch
Backwoods, the outdoor retailer, announced plans to open three stores and also expects to introduce online shopping at Backwoods.com in time for Holiday 2008. The first of the new stores will open this weekend in Fort Worth, Texas. It also has scheduled a
Conservation Fund Pledges Reach $2.6M
Black Diamond Equipment, Ltd. has pledged $50,000 to The Conservation Alliance Legacy Fund, pushing commitments to the non-profit to more than $2.6 million. That total includes $700,000 raised after the campaign was announced at the January Outdoor Retail
Skechers Sees Q2 Earnings Dip on Flattish Sales
Skechers USA Inc. reported Q2 revenues climbed 0.6% to $354.6 million from $352.2 million a year ago. Net earnings dipped 2% to $14.6 million or 31 cents a share, from $14.9 million, or 32 cents, a year ago. In late April, Skechers predicted Q2 revenues
Westcomb, Granite Gear Collaborate on Shipping
Westcomb Outerwear and Granite Gear disclosed that they recently agreed to warehouse and oversee dealer delivery for one another in the Canadian and U.S. markets. The deal will allow the companies to combine shipments to reduce shipping fees to overlappin
Dutch Bike Maker Accell Reports 11% Rise in Revenues
Accell Group N.V. said revenues grew by 11% and profits by 20% in the first half of 2008 due to sales of higher end bicycles and its acquisition of Ghost Mountainbikes. The Dutch company said organic growth dropped to 6% from 10%, but that demand for elec
Golfsmith Plans Palm Desert Superstore
Golfsmith International Holdings, Inc. announced plans to open its 73rd store in Palm Desert, California. The new large-footprint store will be in excess of 36,000-square-feet will include its experiential format, complete with indoor driving range, state
Puma Second Quarter Sales Up 6.3%; Americas Biz Improves
Puma's sales during the second quarter rose 6.3% to €577 million ($905.3 million) from €542.8 million ($852 million), and rose 11.2% on a comparable basis, according to the quarterly report of its parent, PPR SA. In a statement, PPR said Puma's
L.L. Bean to Open in Philadelphia Region
L.L. Bean has signed on as an anchor tenant of a new shopping complex in Uptown Worthington. The 33,000-square-foot store will join a 140,000-square-foot Wegmans supermarket and a 14-screen Muvico theatre as retail anchors. It will be the Freeport-ME-base
Dick’s Seeks $7.25M in Incentives for New HQ
Dick's Sporting Goods is seeking $7.25 million from the state of Pennsylvania for roads, sewers and other improvements for its planned headquarters near Pittsburgh International Airport, according to a report in the Philadelphia Inquirer. Dick's
Callaway Golf Sees Q2 Profit Gain Despite Sales Decline
Callaway Golf Co. said it expects second quarter diluted earnings per share to range from 56 cents to 58 cents a share, an increase of approximately 8% compared to 53 cents earned a year ago. Sales are expected to fall 3.7% to $366 million from $380 milli
Whitewater to Premier at OR Open Air Demo
Buyers will be able to sample rock climbing and whitewater gear at the Open Air Demo preceding the Outdoor Retailer Summer Market for the first time ever. The Wasatch Whitewater Chute-Out is being held Thursday, August 7, 2008 from 10 a.m. to noon on the
Gruppo Marzocchi Agrees to Sell Suspension Unit
Gruppo Marzocchi, an Italian-based supplier of suspension technology to mountain bike and motorcycle makers has entered into a preliminary agreement to sell its suspension business to auto components maker Tenneco Inc. Marzocchi provides suspension for mo
Vail Resorts Board Ups Stock Buy Back Limits
In a big vote of confidence, Vail Resorts Inc.'s board of directors increased the company's common stock repurchase authorization by three million shares. The company has bought back 1.20 million of its shares since June 5, nearly exhausting lim
