Overseas Cyclists Snap up Cannondale Bikes in Q1 as Price Increases Loom
Dorel Sports said demand for its premium Cannondale bikes overseas helped it grow currency-neutral sales and earnings in the first quarter, while bicycle sales to US big box retailers got off to a slow start. While, the decline of the euro, yen and pound
Johnson Outdoors Reports Strong Growth at 3 of 4 Units in Fiscal Q2
Johnson Outdoors Inc. reported net sales increased 7 percent to $133.1 million in the fiscal second quarter ended April 3 compared to a year earlier, driven by growth at it Marine Electronics, Watercraft and Outdoor Gear units. Foreign currency translatio
First Quarter Sales Rise at Backcountry.com and BodyBuilding.com
Sales increased by $10 million at both Backcountry.com and Bodybuilding.com in the first quarter ended March 31, according to Liberty Ventures Group…
Rising Legal Costs Mute Impact of Surging Q1 Sales at Johnson Outoors
Johnson Outdoors Inc. decision to double down on an expensive patent litigation battle with much larger Garmin Ltd caused its operating margins to tumble in the fiscal second quarter despite strong sales growth at three of its four business units…
Mizuno’s Q4 Profits Slip
Mizuno Corp. saw a slight decline in earnings in its fiscal fourth quarter ended Mar. 31, with slight revenue declines seen in the Americas…
Crocs Q1 Shows Continued Stabalization
Crocs Inc. reported sales slumped 16.1 percent in the first quarter, to $262.2 million. On a currency-neutral basis, revenue decreased 8 percent. The company showed a loss of $6.0 million, or 8 cents a share, against a profit of $6.4 million, or 6 cents,
Gibson Athletic/Rage Fitness Appoints Doug Kelly as CEO
Gibson Athletic/Rage Fitness announced that the rapidly expanding fitness equipment company has tapped industry veteran Douglas Kelly to lead the organization as CEO. The company also owns Gibson Athletic…
Intrawest Like-for-Like Revenues up 2.6 Percent in Fiscal Q3
Intrawest Resorts Holdings, Inc. reported total skier visits and lift revenue increased 2.6 and 8.2 percent in the fiscal third quarter ended March 31 on a “same-store,” or like-for-like basis…
NASGW Creates New Leadership Development Council
The National Association of Sporting Goods Wholesalers (NASGW) has created a new Leadership Development Council (LDC) to help develop a deeper understanding of market conditions while simultaneously building stronger relationships with key association mem
Fitbit Files for Initial Public Offering
Fitbit, the fitness tracker, has filed for an initial public offering of up to a $100 million. The company will trade on the NYSE under the ticker FIT…
Gaiam Reports Flat Q1 Sales Ahead of Kohl’s Launch
Gaiam Inc. reported net revenue in the first quarter ended March 31 was flat with a year earlier as it pruned catalog sales ahead of a massive launch of its yoga line at Kohl's…
Dick’s SG Partners Again on Youth-Sports Documentary
Dick's Sporting Goods and Tribeca Digital Studios announced that they are partnering to produce a second documentary together with three-time Emmy nominated director Judd Ehrlich (Magic Camp, Run for Your Life)…
Nike to Open First Brooklyn Store
Nike will open its first Brooklyn store. The 20,000-square-foot space will open on 2236 Nostrand Avenue in Flatbush, according to reports. It will also represent the second Nike Community Store program on the East Coast with one opening in April in Washin
City Sports Celebrates Head Merchant’s SGB 40-Under-40 Recognition
City Sports recognized Lauren Blanda, its general merchandising manager, for being named one of the top young executives in the sporting goods and active lifestyle industry by SportsOneSource in its annual “SGB 40 Under 40 Awards.”…
Soles4Souls Assists Cyclone Pam Victims
Soles4Souls, which collects shoes and distributes them to people in need around the globe, has teamed up with Carnival Australia, Virgin Australia and Virgin Atlantic Cargo to provide shoes and clothing to people in need in Vanuatu following the devastati
