Deckers Outdoor Q1 Beats Projections
Deckers Outdoor Corp. reported sales increased 7.1 percent in first quarter, with increases of 7.9 percent for Ugg, 3.6 percent for Teva and 4.4 percent for Sanuk. Earnings dropped 75.8 percent due to greater operating costs. Still, earnings as well as re
Columbia Foresees Lower 2013 Sales Despite Record First Quarter
Columbia Sportswear Company’s net sales increased 5 percent in the quarter ended March 31 to $348.3 million to set a first-quarter record as cold weather helped it clear winter inventory. Still, the company said it expects lower net sales in 2013 as
Delta Apparel’s Q3 Revenues Slide
Delta Apparel, Inc. reported sales of $120.1 million for its fiscal third quarter ended Mar. 30, compared to $125.5 million in its 2012 third quarter. Net income for the 2013 third quarter was $1.6 million, or 19 cents per diluted share, compared to $1.9
Grassroots Outdoor Alliance Adds Two Partners
Grassroots Outdoor Alliance has admitted Next Adventure of Portland, OR as its newest retail member and Nite Ize as its newest vendor member…
Escalade Sees 14 Percent Gain in SG Segment
Escalade, Inc. announced that net income for the first quarter of 2013 was $1.6 million, or 12 cents per share, flat with the same quarter in 2012. Consolidated net revenues were up 4 and net revenue for the Sporting Goods segment increased by 14 percent.
OIA Pilot Program Helps Companies Manage Chemical Use
The Outdoor Industry Association (OIA) Sustainability Working Group (SWG) has launched a pilot program to help companies identify and reduce the environmental impacts of their products. The Chemicals Management Framework is a groundbreaking roadmap for co
Clif Bar Promotes Kevin Cleary to CEO Position
Clif Bar & Company President and COO Kevin Cleary has been promoted to the position of chief executive officer. Owners Gary Erickson and Kit Crawford will continue as co-chairs of Clif Bar & Company’s board of directors and become co-chief visionary
Skechers Appoints BDO As New Auditors
Skechers USA, Inc. announced that the audit committee of its board of directors appointed BDO USA, LLP as the company's independent auditors. The company also indicated that its first quarter will be impacted by 7 cents a share in one-time charges re
Crocs Revenues Climb Double-Digits
Crocs Inc. reported first-quarter revenues rose 14.7 percent to $311.7 million. Excluding charges related to a software systems upgrade, earnings gained 8.8 percent. By region in its wholesale business, revenues in Asia Pacific grew 35.1 percent and Ameri
Iconix’s Brand’s Q1 Sales Rise 19 Percent
Iconix Brand Group, the parent of Starter, Danskin and Umbro, reported Q1 revenue of $105.1 million, a 19 percent increase over prior year quarter…
Jones Group to Close 170 Stores, Reduce Workforce by 8 Percent
The Jones Group Inc. announced a series of actions designed to improve profitability. The company's plan will reset its domestic retail business through the reduction of approximately 170 underperforming stores and will streamline certain wholesale d
Jarden Outdoor Solutions Sales Up in First Quarter
Jarden Outdoor Solutions (JOS), which owns Abu Garci, Coleman, K2, Rawlings and other sporting goods brands, generated sales of $694.9 million in the first quarter ended March 31, up 3.7 percent from the first quarter a year ago, according to its parent c
Adidas Agrees to Further Payments in Indonesian Factory Dispute
Adidas announced an agreement Wednesday to contribute additional aid to workers in Indonesia displaced by a factory closure. Details of the agreement were not disclosed. Adidas also noted that the plant's workers’ union has moved to dismiss its
Adidas Golf Reports Strong Q1 For Footwear
Adidas Golf announced record-breaking footwear sales for the first part of 2013 with February marking the highest sales period for the global golf brand since it was formed back in 1999…
TSA Postpones Allowing Small Knives, Sports Equipment Back on Planes
The Transportation Security Administration is postponing letting passengers carry small knives back aboard airline flights. Bats, golf clubs and other sports equipment that was set to be permitted under the new rule, will also stay banned, for now…