Shimano YTD Sales Rise on Rebounding Bike Business
Shimano Inc. net sales for the first nine months ended Sept. 30 reached ¥155.9 billion ($1.74 bb), up 15.9% from the same period in 2009 as bike manufacturers resumed production of new models to replenish distribution inventories. Fishing tackle revenue g
SIA Names Regional Reps of the Year
SnowSports Industries America (SIA) is proud to announce the winners of the 2010 SIA U.S. SnowSports Regional Rep of the Year Award…
Golfsmith Sees 3% Uptick in Q3 Revenues
Golfsmith International said net revenues for the third quarter ended Oct. 2, 2010 increased 3% to $93.3 million as compared to $90.6 million for the prior year quarter. The net revenue increase was driven by sales from new store openings and a 5.8% incre
Converse Opens First Full-Price Store
Converse opened its first full-price retail shop, on Newbury Street in Boston. A SoHo location will open in New York by the end of this year with other East Coast locations following in 2011, according to the Boston Globe…
Zumiez Appoints McCoy to Board
Zumiez Inc. has appointed Sarah McCoy to the company's Board of Directors. McCoy will serve as an independent Class 11 director until the company's 2011 annual meeting of shareholders, when she will be standing for re-election for a term to expi
SOLE Teams with ReCORK on Green Project
ReCORK, a natural wine cork recycling program, continues to gain momentum through its partnership with SOLE, the manufacturer of footbeds, socks and sandals….
Smith and Wesson’s CFO Resigns
Smith & Wesson Holding Corp. announced that the company's Executive Vice President and Chief Financial Officer, William F. Spengler, has resigned effective Nov. 12, to accept a position as president of a publicly traded company in the phytochemical a
GSI Commerce Loss Widens in Third Quarter
GSI Commerce Inc. reported revenues in its third quarter jumped 49.3% to $284.1 million from $190.3 million. The net loss, however, widened to $18.6 million, or 28 cents per share, from $9.4 million, or 18 cents, a year ago..
Native and Costa Sales Rise 16.9% in Third Quarter
A.T. Cross Company said its Costa and Native sunglass brands continued to prop up growth and generated 89% of operating profits in the third quarter ended Oct. 2. Sales at the Cross Optical Group rose 16.9% $15.1 million…
Strong BTS Drives Hanesbrands’ Q3 Sales Up 11%
Hanesbrands Inc., the parent of Champion, upgraded its guidance on the liklihood that it will be able to pass through price increases and continue the strong sale growth of the third quarter. The company reported net sales in the quarter reached $1.17 bil
Adidas Inks Supplier Deal with Bucknell University
Adidas has signed on as the official equipment and apparel supplier with the Bucknell Men's Lacrosse team…
Sport Chalet Secures New Credit Agreement
Sport Chalet, Inc. has secured a four-year, $65 million credit agreement with Bank of America, capping what it said was the first phase of a strategic plan to align its business with post-Recession reality. That phase included renegotiating rent on existi
Payless Reaches Franchise Deals in Mexico and Indonesia
Collective Brands, Inc. announced that its Payless ShoeSource unit has signed two new franchise deals to bring the Payless retail chain to new international markets beginning next year, including opening Payless stores in Mexico, Indonesia, Malaysia and S
Westcomb Launches E-commerce Site
Westcomb, the Vancouver, BC-based outerwear brand, launched a redesigned website that allows customers to order products directly off its site…
Occupancy Rises at Western Mountain Resorts
Western mountain destinations posted a 15.8% increase in actual occupancy compared to September 2009, according to the latest data released by Mountain Travel Research Program (MTRiP). This represents the biggest monthly increase in more than two years an
