Dorel Raising Prices to Mitigate Impact of Strong Dollar on FY15 Earnings
Dorel Industries Inc., which owns one of North America's largest bicycle businesses, warned investors Jan. 29 that it expects the strong dollar to have a “significant negative impact” on its earnings in fiscal 2015 even though it expects to mitigate
Louisville Slugger Signs Christian Yelich
Louisville Slugger signed Miami Marlins Gold-Glove-winning left fielder Christian Yelich, 23, to an endorsement deal. The company has signed more than 8,000 professional players over the decades, but Yelich marked the first time a Major Leaguer signed his
Brunswick Reports Demand for Big Boats Fattened Q4 Margins
Brunswick Corp.'s Marine segment returned to the black in fourth quarter amid surging demand for its largest boats and engines and solid growth at its Life Fitness business…
RSG Acquires Raleigh Running Outfitters
The Running Specialty Group (RSG), which is owned by The Finish Line, acquired Raleigh Running Outfitters. The addition adds to its October-2014 acquisition of Capital RunWalk, also in greater Triangle area…
Under Armour Taps Ex-Nike Exec to Run Footwear
Under Armour announced that Peter Ruppe had joined the organization’s executive leadership team as SVP of footwear. Ruppe led Nike’s basketball business for a decade…
Callaway Notches First Annual Profit Since 2008
Callaway Golf Co. trimmed its fourth-quarter loss, feeding a return to profitability for the year for the first time since 2008. The company still offered a cautious outlook for 2015 due to foreign exchange headwinds and uncertain golf market conditions.
HanesBrands Q4 Earnings Leap
Aided in part by strong momentum for Champion in sporting goods and department store channels, HanesBrands Inc. racked up a robust fourth-quarter as well as record full-year profitability for the second consecutive year…
Brunswick Corp’s Q4 Revenues Rise Double-Digits
Brunswick Corporation reported fourth-quarter revenues rose 13.5 percent to $938.6 million on strong sales across all three of its segments. Sales grew 8 percent at its Fitness segment, including Life Fitness, 10 percent in its Marine Engine segment and 2
Deckers Misses Q3 Guidance on Uggs Shortfall
Deckers Brands reported earnings in its third quarter ended Dec. 31 rose 7.5 percent to $149.4 million, or $4.50, but missed its original guidance. Overall Ugg sales grew 6.5 percent but Ugg Classic styles declined due to a slow October and November selli
Atomic and Salomon Offer Online Snow Safety Curriculum
Amer Sports' Atomic and Salomon ski brands have created Mountain Academy to offer in-depth, online snow safety education. Curriculum is accessible via direct payment, less than the cost of a lift ticket, or through purchasing qualified Atomic and Sal
Nike Golf Signs Golfer Simin Feng
Nike Golf added Chinese professional golfer, Simin Feng, to its tour roster to represent the brand as a head-to-toe athlete…
Lion Capital Reportedly in Talks to Sell A.S. Adventure
Lion Capital is in advanced discussion to sell its 85 percent stake in the specialty outdoor retail chain A. S. Adventure to another European private equity investor, according to reports by European media…
ATK Shareholders Clear the Way for Vista Outdoor Spin-Off
Alliant Techsystems Inc. stockholders approved Tuesday the company's proposed merger with Orbital Sciences Corp., clearing the way for the spin-off next week of its firearms and Bushnell businesses as a publicly traded company called Vista Outdoor…
Gregg Ribatt Begins New Role as CEO of Crocs
Crocs Inc. announced Gregg Ribatt will start working as its new CEO Jan. 28 and that Jason Giordano, managing director of Blackstone's Private Equity Group, has joined its board of directors…
Proxy Fight Brewing at Big 5 Sporting Goods
Big 5 Sporting Goods largest outside shareholder has gone public with its three-year campaign to reform the California retailer's corporate governance after its lone director on the board was essentially excommunicated from the board…
