Thule Recovers from Slow Q1…
After a flat first quarter, Thule reported first half sales increased 5.5% to SEK 1.52 billion ($214 mm). The success was driven primarily by a solid performance in Europe, which saw sales increase 10% due to growth in rear-mount carriers and boxes. The c
Rocky Earnings Double on EJ Acquisition; Organic Growth Flat…
Rocky Shoes and boots reported that second quarter sales and income doubled due to their acquisition of EJ Footwear. However, on an organic basis, Rocky sales were relatively flat, only climbing 0.4% during the quarter to $27.5 million, and falling 0.4% t
GSI Commerce Sees Big Q2 Revenue Increases, Still Can’t See Profit…
During the second quarter, GSI Commerce Inc. continued its expansion outside the realms of sporting goods, signing agreements with both GNC and Zale Corporation. Despite the growth into other markets and increases in revenues, the company yet again failed
Big 5 Q2 Comps Up 2.7%; Delays Q…
Big 5 Sporting Goods Corp. reported that comp store sales for the fiscal second quarter ended July 3 were up 2.7% on top of a 3.9% same-store increase in Q2 last year. The retailer issued the sales news late last week, but also indicated that it would de
Cabela’s Gets Q2 Help in Every Segment but the Retail Business…
Cabela's Inc. will get a nice $90 million boost in the cash line this year from the sale of land and the monetization of economic development bonds. CAB pocketed roughly $21 million from the sale of land around four of its store locations. Only $1.
Columbia Sees Liquidation Efforts Cut Deeply into Q2 Margins, Net Income…
Columbia Sportswear Company was able to cut deeply into the excess outerwear inventories left over from the 2004 fourth quarter and moved quickly to liquidate any sportswear issues from the Spring/Summer 2005 lines. The action helped boost second quarter
Eagle Creek to Expand Clive Brand into Outdoor
Eagle Creek is expanding the positioning its Clive brand into the outdoor distribution channel to capitalize on the emerging youth lifestyle category. Clive joins the spring 2006 outdoor market as a “new brand,” repositioned with an entirely new and uniq
Recall: VisionTech USA Aero Bars
The U.S. Consumer Product Safety Commission, in
cooperation with VisionTech USA, Inc., announced a voluntary recall of about 280 of the VisionTech USA SuperMax, TriMax, TriMax Plus and Pro model Integrated Bicycle Aero Bars. Consumers should stop using re
East Coast Apparel and Phaneuf Sports Marketing Merge
Antoine Lavigueur of East Coast Apparel and John Phaneuf of Phaneuf Sports Marketing have formed a partnership and combined the two agencies to form East Coast Action Sports…
Lafuma Fiscal Q3 Slows Down…
Lafuma has had a difficult quarter following the acquisition of Oxbow with a slow market at retail and a “notable” drop in sales of camping furniture, one of the company’s mainstays. Including sales contributed by the new Oxbow business, Lafuma revenues i
Black Diamond – One Company, One Brand…
Black Diamond Equipment and Scarpa, two brands that have practically been interchangeable over the past two decades, have terminated their longtime working relationship. The decision will be effective at the end of 2005. Scarpa will begin anew in the U.S.
Paddlesports Vendors Enthusiastic About Market…
Stable. Strong. Healthy. From the largest conglomerate to the smallest family-owned specialty manufacturers, those are the words paddlesports executives have used to describe the market. The Outdoor Retailer Summer Market will open with paddlesports manuf
Mitchell and Ness Inks CLC License For College Throwbacks…
After watching demand for their upper-end NFL product plummet over the last year, Mitchell & Ness Nostalgia Company moved to build new revenues streams in a deal with The Collegiate Licensing Company to design, manufacture, and sell nostalgic collegiate s
Huffy Corp. Files Re-Org Plan…
Huffy Corp. has filed its proposed Plan of Reorganization and related Disclosure Statement with the U.S. Bankruptcy Court, planning to emerge as a private entity focused on its Huffy Bicycle, Tommy Armour Golf, and Ram Golf brands. While the efforts of a
Phil Knight Sets Sight on Expanding His Entertainment Businesses…
Nike Inc. founder and chairman Phil Knight last week announced a new entertainment and media venture called Laika Entertainment. The new entity will absorb Vinton Studios, which Knight acquired in September 2003…