CFO Hawaux Ascends to Number 2 Spot at Dick’s Sporting Goods
Dick's Sporting Goods Inc. EVP and CFO Andre J. Hawaux has added the letters COO to his title 20 months after joining the company from the packaged food industry. In addition to his existing responsibilities for finance, legal and information technol
Boot Barn’s Q3 Boosted by Sales and Meatier Margins
Boot Barn Holdings, Inc. reported earnings rose 39.7 percent in its third quarter ended Dec. 27, to $8.8 million, or 36 cents a share. Revenues grew 13.1 percent to $130.5 million. Same store sales, which include e-commerce sales, increased 7.2 percent…
Survey Indicates Tepid Growth for Europe’s Outdoor Industry
European Outdoor Group said a survey of its retailing members indicates sales of outdoor products grew between 1 and 3 percent in 2014, although more businesses reported flat or declining sales than in the recent past…
Johnson Outdoor Q1 Loss Rises on Lower Sales, Higher Litigation Costs
Johnson Outdoors Inc. reported that a 10.5 percent drop in sales and patent enforcement costs tripled its loss in the seasonally slow first fiscal quarter ended Jan. 2, 2015…
Intrawest Reports Skier Visits Up 2.2 Percent in Fiscal Q2
Intrawest Resorts Holdings Inc. reported organic skier visits grew 2.2 percent during the fiscal second quarter ended Dec. 31, 2014, when it narrowed its loss by $90.0 million compared to the prior year period.
With Lululemon Market Cap up $4 Billion, Founder Wilson Exits
Lululemon Athletica Inc. Founder Chip Wilson stepped down from Lululemon's board of directors Feb. 2 after taking credit for restoring $4 billion in value by forcing through changes on the board of directors and in management…
FluoroCouncil Releases Guidance for Best Environmental Practices
The FluoroCouncil released guidance for best environmental practices to help mills and finishers minimize waste and environmental releases, without compromising performance attributes critical to outdoor apparel brands…
Johnson Outdoors Says JIT Efforts Hurt Fiscal Q1 Results
Johnson Outdoors Inc. attributed a 10.5 percent drop in sales in the first fiscal quarter ended Jan. 2 to retailers continuing move toward later deliveries and more sophisticated just-in-time inventory management.
New Balance Aims to Become Third Largest Player in Soccer
New Balance, which does a small business in soccer (global football), last week revealed much-bigger ambitions with the signing of four club sponsorships: Liverpool FC, Stoke City FC, FC Porto and Sevilla FC. It also signed ten international players…
Gildan Posts Q1 Loss on Pricing Changes, Acquires Comfort Colors
Gildan Activewear reported a loss of $41.2 million, or 34 cents a share, in its first quarter ended Jan. 4 due to previously-announced price reductions in its Printwear segment designed to compete more effectively in the marketplace…
Pony Gains New Life with Iconix
Iconix Brand Group Inc. has acquired the North American rights to the sneaker brand Pony and related intangible assets in partnership with Anthony L&S Athletics, LLC (AL&S) for $37 million in cash from Symphony Holdings, Ltd…
Amer Sports Grows Q4 Sales and Gross Margin Despite Winter Woes
Amer Sports reported net sales grew 6 percent in currency-neutral terms in the fourth quarter ended Dec. 31, despite a 9 percent decline in sales of Atomic and Salomon winter equipment, which it attributed to the late arrival of winter. Gross margins and
European Outdoor Group Estimates Industry Sales Grew in 2014
European sales of outdoor products grew slightly in 2014, according to research released by the European Outdoor Group (EOG) after its annual assembly Wednesday…
Nike Returns as Official Supplier to US Canoe/Kayak
Nike has returned as the official supplier of apparel and footwear for USA Canoe/Kayak's national teams via a two-year agreement through the end of 2016…
Asics Relaunches Asics Tiger as Sport Lifestyle Brand
Asics announced the relaunch of the Asics Tiger brand for the sport lifestyle market. Originally designed as competitive sports shoes during the 1980s and early 90s, the current line of street style shoes will feature fresh, casual designs for everyday we
