Billabong Posts Steep Loss After Charges in Six Months
Billabong International Ltd. reported a net loss in the its first half ended Dec. 31 of Australian $536.6 million ($553.4 mm). The result was impacted by A$567.0 million ($584.7 mm) of significant items, including A$427.8 million ($441.2 mm) non-cash impa
Burton Founder Cites Record January Sales to Argue Sport Is Alive and Well
Burton Snowboards Founder Jake Burton is speaking out on the future of snowboarding following a negative article in The New York Times and other media. While Burton is a private company that usually does not release financial information, Burton noted tha
Costa and Native Eyewear Set Fourth Quarter Records
A.T. Cross Company reported its Cross Optical Group (COG), which owns the Costa and Native eyewear brands, generated record results in the fourth quarter, exceeding its own guidance. COG revenue grew 27 percent to reach $16.3 million in the fourth quarte
West Marine Turns in Comps Growth of 3.3 Percent in 2012
West Marine, Inc. reported net revenues for the fiscal year ended Dec. 29, 2012 were $675.3 million, an increase of 4.9 percent compared to net revenues of $643.4 million for fiscal year 2011. Revenues for the Stores segment were $610.2 million, an increa
Nordstrom’s Q4 Earnings Up Sharply
Nordstrom, Inc. reported a 26 percent increase in earnings per diluted share of $1.40 for the fourth quarter ended Feb. 2, 2013 compared to $1.11 per diluted share for the same quarter last year. Net sales in the fourth quarter were $3.6 billion, an incre
New Balance Foundation Lends Support to East Boston Neighborhood Health Center
The New Balance Foundation made a $100,000 grant to the East Boston Neighborhood Health Center. The grant will help expand the center’s existing Let’s Get Movin’ Program, which encourages exercise, good nutrition, and healthy life choice
Portland Startup Accelerator Program Accepting Applications
The Portland Development Commission began accepting applications on Feb. 14 for Startup PDX: Challenge, a new initiative to connect startups to all Portland has to offer. Sporting goods startups are encouarged to apply…
Garmin’s Outdoor and Fitness Segments Diverge in Fourth Quarter
Garmin Ltd. said revenues at its Outdoor segment declined 2 percent to $119 million in the fourth quarter, coming off 35 percent growth a year earlier. Growth was driven by dog and golf-related products. Revenues at Garmin’s Fitness segment increase
Skechers Distribution Center Certified as Largest LEED Gold Building in the U.S.
Skechers USA, Inc. announced that its North American distribution center in Rancho Belago, CA has been officially certified LEED Gold by the U.S. Green Building Council. Designed and built by developer Highland Fairview to the highest environmental standa
Iconix’s Q4 Earnings Show Modest Decline
Iconix Brand Group reported total revenue for the fourth quarter of 2012 was approximately $85.1 million, as compared to approximately $95.5 million in the fourth quarter of 2011. EBITDA attributable to Iconix for the fourth quarter was approximately $50.
SPRI Products Hires National Sales Manager
SPRI Products, Inc., a distributor of rubberized resistance products and fitness accessories, has hired Bill Ciszewski as national sales manager, responsible for managing accounts in the specialty fitness retail, government retail and international channe
Footbalance Taps Ken Anderson to Develop Western Canada
Footbalance named Ken Anderson as its new sales representative in Western Canada, where he will be responsible for expanding the Footbalance dealer base within the Canadian territories of Alberta, Saskatchewan and Eastern British Columbia…
Outside Television and Red Bull Media Expand Programming Alliance
Outside Television and Red Bull Media House are expanding their wide-ranging programming alliance with new original series “eXplorers – Adventures of the Century” and “Momentum – What Drives You,” set to join the Outside Television
Asics America Re-Ups with Deena Kastor
Asics America announced its continued relationship with decorated long distance runner Deena Kastor, who has been with the brand since 2001…
MTRiP Reports Reservation Spikes at Western Mountain Resorts
According to the most recently released data by the Mountain Travel Research Program (MTRiP), actual occupancy as well as reservations for the coming six months increased in January due to an improving economy and snowfall.
