Drop Off in Firearms Sales, Long Winter Drag Down Cabela’s Comps 22 Percent
Cabela's Incorporated saw its comp store sales fall nearly 22 percent in the first quarter as it comped against last year’s unprecedented surge in gun and ammo sales and contended with harsh winter weather in many of its markets…
LifeFitness Heats Up As Q1 Freeze Ices Sales at Brunswick’s Other Segments
Brunswick Corp. reported net sales decreased 3 percent in its first quarter as gains in its Fitness segment could not offset the impact of harsh winter weather on its Marine Engine, Boat and Bowling and Billiards segments…
Bass Pro Shops announces new features of store in Tampa, Florida
Bass Pro Shops, announced plans to include an Islamorada Fish Company restaurant at the store it plans to open in Hillsborough County, Florida…
Hanesbrand’s Champion Fleece Sales Propel Activewear Segment to Record Profits in the First Quarter
HanesBrands Inc. said cold weather helped Champion pick up more shelf space in the first quarter as existing and new retailers sought to bring in more fleece…
Facebook Buys Moves Fitness Tracking App
Facebook has acquired Moves, a fitness tracker app on iOS and Android. Launched in Jan 2013, and called by Apple as ‘surprise hit’, Moves has been downloaded 4 million times to date for iPhone and Android phones…
VF’s Momentum Accelerates in Q1
Carried by double-digit gains at The North Face, Vans and Timberland coupled with gross margin expansion in every coalition, VF Corp. reported net income rose 9.9 percent in its first quarter and hiked it outlook for the year. Earnings reached $297.2 mill
Deckers Sees Double-Digit Gains in Spring Quarter
Led by a 15.8 percent gain for Ugg, Deckers Outdoor Corp. reported sales increased 11.7 percent in its three-month transition period ended Mar. 31, to $294.7 million. The company recently changed its fiscal year from Dec. 31 to Mar. 31, and, as a result,
Patagonia’s New Venture Fund Backs Waterless Laundering Technology
Patagonia has joined Nike and Adidas to become the latest athletic apparel brand to invest in water saving textile technology. The outdoor brand made a strategic investment in CO2Nexus Inc., a Colorado company that has developed a sustainable method of pr
Adidas Shifts Production From Strike-Disrupted China Factory
Adidas is shifting some production away from Yue Yuen's factory in Dongguan, China, where a strike has lasted 9 days. Adidas said in a statement released to media outlets, “In order to minimize the impact on our operations, we are currently rea
New Balance Foundation Supports Camp Sunshine’s 30th Anniversary
To help kick off Camp Sunshine’s 30th anniversary, the New Balance Foundation has offered a $300,000 challenge – matching all gifts from new and returning donors – to encourage support for the national retreat in Maine for children with life threate
HanesBrands’ Q1 Revenues Climb 12 Percent
HanesBrands, the parent of Champion, Hanes, and Gear for Sports, said that for the first-quarter 2014, net sales increased 12 percent to $1.06 billion, adjusted operating profit excluding actions increased 34 percent to $114 million, and adjusted EPS excl
Under Armour Opens First Store in Manhattan
Under Armour opened the doors of its newest specialty retail location today at 583 Broadway in the SoHo neighborhood of New York City. With a focus on cutting-edge products and design, the SoHo Brand House is Under Armour's largest retail store to da
Brunswick’s Q1 Revenues Dip
Brunswick Corporation reported net sales decreased 3 percent in its first quarter. Gains in its fitness segment, including Life Fitness, were offset by declines in its marine engine, boat and bowling & billiards segments…
Footwear and International Boosts UA’s Q1
With ongoing robust growth is apparel and “meaningful acceleration” in both footwear and its overseas businesses, Under Armour, Inc. reported net revenues vaulted 36.0 percent in the first quarter, to $642 million…
VOXX International Makes Strategic Investment in EyeSee360
VOXX International Corporation made a $3 million investment in EyeSee360, Inc., creator of the panoramic video camera, 360Fly, and the smartphone attachment, 360MicroFly, both of which were launched in the VOXX booth at the Consumer Electronics Show (“CES
