Sporting Goods, Specialty Athletic Footwear, and Family Footwear All Strong According to NSGA…
The growth of the average price point for all sports footwear in 2004 was attributable to strength in the sporting goods, specialty athletic footwear, and family footwear channels of distribution, according to data gathered for “The Sporting Goods Market
Sims Snowboards Lands New Licensing Deal
ITOCHU International has inked a licensing agreement with Tom Sims for the worldwide distribution rights of Sims Snowboards, including all snowboard, boots, bindings and outerwear products. Sims’ product, sales, marketing and customer service will remain
OIA Disappointed in Lack of LWCF Funding
Outdoor Industry Association expressed extreme disappointment today in the President’s recommendation to eliminate funding for the stateside Land and Water Conservation Fund (LWCF) in his proposed 2006 budget. LWCF was created by Congress in 1964. The pro
Johnson Outdoors Posts Fiscal Q1 Loss Despite Solid Sales Gains
Johnson Outdoors Inc. announced declines in operating profit and earnings on a 19.1% increase in net sales for the fiscal first quarter ended December 31, 2004. Operating profits in the Marine Electronics and Outdoor Equipment businesses were offset by l
LaCrosse Q4 Sales up 5%; Income Jumps 96%
LaCrosse Footwear's consolidated net sales for the fourth quarter of 2004 were $28.7 million, up 5% from $27.3 million in the fourth quarter of 2003. For
the full year 2004, net sales were $105.5 million, up 10% from $95.7 million in 2003. Consolid
Watermark Delays E-Z Load Delivery Date to Fall 2005…
Yakima is revising its delivery date for the E-Z Load side-loading roof rack system with lift assist technology from Spring ‘05 to Fall ’05. This decision was made to enable Steve Rodden, who recently joined the company as vice president of product develo
Amer Sees Winter Sports Division Sales Outpace Expected Market Gains…
Amer Group's net sales in the fourth quarter declined 1.7% to €261.0 million ($338.3 mm) from €265.4 million ($316.0 mm) in the year-ago period. Full year net sales declined 3.2% to €1.06 billion ($1.32 bn), compared to €1.09 billion ($1.24 bn) in 2
CPSC Causes Confusion Over Dated Rossignol and Dynastar Recall
In response to a CPSC 'recall alert' issued last week, Rossignol has released a statement clarifying exactly which bindings were recalled. Apparently, the CPSC alert concerned a recall which began in December of 2003, and was completed within 60
Sees Class Action Suits Filed Over ‘Materially False’ Information…
Several law firms that specialize in class action suits have piled onto the initial shareholder class action lawsuit against Gander Mountain, claiming certain officers and directors within the company had prior knowledge about factors that devalued GMTN s
Huffy Sees the Other Legal Shoe Drop Over Gen-X Issues…
The class action bandwagon against Huffy Corp. is getting full after an initial class action suit was filed last wee alleging that Don Graber, Timothy Howard, Robert Lafferty and Paul D'Aloia, all current or former Huffy officers and directors, fail
Wolverine Posts Balanced 2004 Results; Merrell Backlog Jumps on Continuum Gains…
Wolverine World Wide, Inc. played up the World Wide in its name in both the fourth quarter and the year as the International business increased to 27% of consolidated sales, compared to 25% of sales in the prior year, and pre-tax earnings for the Internat
Moonstone Increases Doors By 50%…
Moonstone Mountain Equipment increased their door count by 50% over this time a year ago, passing the 300 locations mark for the first time sine London Fog acquired the brand in 2001. According to the company, the increase was primarily due to retailers’
Keen Funds Charities Through Ad Budget
In a sudden change of corporate spending plans, nearly $1 million originally allocated towards a 2005 Keen Footwear advertising campaign has been set aside for contributions to a variety of non-profit organizations that are important to the company and it
REI’s Madsen Founds (and Funds) Youth Outdoors Legacy Fund…
Retiring REI CEO Dennis Madsen has created a new foundation dedicated to introducing young people to the outdoors. The Youth Outdoors Legacy Fund will annually fund outdoor programs serving young people. Its end goal is to “…help youth develop a lifelong
Rebel Sports Shows Growth in Difficult Conditions…
Rebel Sports, Australia’s largest sporting goods chain, reported that fiscal 2004-05 first half sales increased 4.4% to AU$162.0 million ($118.9 mm). The company said that the rugby world cup, which occurred during the first half of fiscal 2003-04, booste
