Spalding Launches #TrueToTheGame Social Campaign
Spalding, a division of Russell Brands, LLC, has launched a social media sweepstakes and campaign targeting basketball fans in partnership with Slam Magazine. The campaign asks fans to showcase how they are #TrueToTheGame…
Descente Ltd. Profits Surge in Q4
Descente Ltd. reported net income rose nearly five times faster than sales in the fourth quarter ended March 31 thanks to currency effects that made it more competitive in Korea and favorable winter weather in its home market of Japan…
Surftech’s New Parent Makes Bid for Second Surf/SUP Company
Surf Technicians LLC (Surftech) parent company Triple D Corporation of Thailand has made a conditional offer to acquire full control of Global Surf Industries (GSI), which manufactures and distributes Tom Carroll SUP, 7S, Hayden Shapes, Modern, Walden and
Gildan Activewear Q1 Earnings Slide
Gildan Activewear reported first-quarter earnings slumped 29.3 percent despite a 15.9 percent gain in sales. The company also slightly narrowed its EPS guidance for the full year to reflect further foreign currency devaluation…
FGL Sports Same-Stores Sales Up 8.6 Percent in Fiscal First Quarter
FGL Sports' retail sales and same store sales were both up 8.6 percent in the fiscal first quarter ended April, 4 as same store sales at its flagship Sport Chek chain grew 8.7 percent, according to financial results released Thursday morning by pare
Kohl’s Sees Modest Q1 Earnings Gain
Kohl's Corp. reported first-quarter earnings increased 1.6 percent to $127 million, or 63 cents a share, from $125 million, or 60 cents, a year ago. Same-store sales grew 1.4 percent…
Nordstrom Posts 4.4 Percent Q1 Comp Gain
Nordstrom, Inc. reported earnings per diluted share of 66 cents for the first quarter ended May 2, which were in-line with company expectations, compared with 72 cents a year ago. Total company net sales increased 9.8 percent and comparable sales increase
Hydro Flask Names Wallenfels as VP of Worldwide Sales
Hydro Flask has hired Mike Wallenfels as Vice President of Worldwide Sales. Wallenfels brings vast executive experience from the outdoor and active lifestyle industries, and has guided organizational growth in the US, European, and Asian markets…
Dillard’s Q1 Profits Dip
Dillard’s Inc. reported net income slipped in the first quarter, to $109.6 million, or $2.66 per share, compared to net income of $111.7 million, or $2.56 per share, for the prior year first quarter…
Vista Outdoor Reports Shooting Sales Continued Decline in Fiscal Q4
With the market for many types of ammunition and firearms still soft, Vista Outdoor Inc. CEO Mark DeYoung showered praise on Bushnell, where he says signs of a turnaround have emerged in a new crop of products for golfers and archers…
Zalando SE Raises Guidance After Beating Q1 Targets
Zalando SE, the German e-tailer that sells dozens of athletic and outdoor apparel and footwear brands in 15 European countries, reported revenues rose 28.5 per cent to €643.6 million ($727 mm) in the first quarter.
Street League Skateboarding Appoints First-Ever CEO
Street League Skateboarding appointed Greg Jacobs as the league's first-ever CEO and promoted current SLS president, Brian Atlas, to COO…
L.L.Bean to Open Second Virginia Store
L.L.Bean is set to expand its retail operation with its second Virginia store, scheduled to open November 2015. The new L.L.Bean store will be located at Short Pump Town Center…
Alpargatas Boosted by International Growth in Q1
Alpargatas, the parent of Havaianas, reported revenues rose 8.7 percent in the first quarter, to Brazil real (R) 948.9 9 million ($315.3 mm)…
Asics America Churns Out Robust Q1 Growth
Asics America Group (AAG), which includes the U.S., Canada, Mexico and Brazil, reported sales rose 1.8 percent in the first quarter and expanded 5.0 percent on a currency-neutral basis. Asics America Corp. (U.S. only) led the gains, registering a 6.9 perc
