Globe International’s Sales and Earnings Dwindle Amidst Restructuring
Globe International Limited of Australia reported sales declined 6.0 percent to A$39.3 million ($40mm) at its North American division in the fiscal year ended June 30 as a 15 percent sales decline at Dwindle Distribution more than offset 14 percent growth
Jerry Stritzke Named President and CEO of REI
Recreational Equipment, Inc. (REI) named Jerry Stritzke as the company's president and CEO following an extensive national search. Stritzke most recently served as president and COO for Coach, Inc., the manufacturer and retailer of handbags and othe
Neptune Mountaineering Expects to Complete New Museum By October
Neptune Mountaineering has completed its redesign of the museum housed within its retail store located at 633 South Broadway, Boulder, CO and expects to have it completed by Sept. 30, 2013…
Gander Mountain To Open in Tampa Bay
Gander Mountain is opening a new location in Tampa Bay this fall. Tampa will be the sixth Gander Mountain location in Florida…
Nike Swim Sees Double-Digit Q2 Growth for Perry Ellis
Perry Ellis International reported more modest gains in its golf apparel segment in the second quarter than recent quarters due to a slowdown in the mid-tier department store channel. But Nike Swim’s revenues were up over 40 percent as all channels
Rider Sandals Launches Foosball Tour
Rider Sandals continues its search for the best collegiate foosball players with the Fall Foosball Tour, making stops across the Northeast throughout the month of September. Rider will kick off its fall tour in Boston, MA at College Day at Fenway Park o
Data Show Privately Held Sporting Goods Retailers Outperforming
Privately held sporting goods stores may be outperforming their publicly traded competitors, according to Sageworks, which compiles private company financial data to help private companies benchmark their performance…
Yue Yuen’s Casual/Outdoor Sales Outpace Athletic in First Half
Yue Yuen Industrial (Holdings) Limited, a major contract manufacturer for western shoe brands, reported total sales rose 1.4 percent for the six months ended June 30 to approximately $3.70 billion. Sales of athletic shoes and casual/outdoor shoes were up
SIA Releases Engaging Gen Y in Snow Sports Report
The SnowSports Industries America (SIA) research team has released its latest findings in the report called Engaging Gen Y in Snow Sports, which is the first in the Snow Sports Consumer Profiles, SIA’s new audience-specific report series…
Sport Chalet to Boost Cost Cutting, Markdowns and Borrowing After Tough Quarter
Sport Chalet Inc. extended its bank line, eliminated jobs and renegotiated contracts to sustain strategic spending initiatives in the wake of a disappointing first fiscal quarter…
Nordstrom’s Q2 Earnings Jump
Nordstrom, Inc. reported a a 24 percent increase in earnings per diluted share of 93 cents for the second quarter ended Aug. 3, 2013, compared to 75 cents per diluted share for the same quarter last year. Net sales for the second quarter were $3.1 billion
Kohl’s Sales and Comps Up in Q2
Kohl’s Corporation reported that total sales increased 2.0 percent to $4.3 billion for the second quarter ended Aug. 3. Comparable store sales increased 0.9 percent, up from a decrease of 2.7 percent in the year-ago comparable period…
CompetitiveCyclist.com Unveils Newest Bike Build Tool
Competitive Cyclist launched the newest version of its website that it says signficantly improves the only custom bike shopping and buying experience. The new website includes an upgraded fit calculator and Bike Build tool as well as improved navigation..
Jack Wolfskin Enters South American Market
Jack Wolfskin, Germany's largest domestic outdoor brand, is gaining a foothold in South America through a partnership with Heightsport that will open up Colombia, Bolivia, Ecuador, Peru and Chile. Department store concessions and mono brand stores ar
City Bike Partners with Pratt Institute
City Bike company Brooklyn Cruiser is partnering with Pratt Institute. The company will offer incoming Pratt students affordable and sustainable transportation options and an opportunity to design branded cycling accessories it will be put into production
