HanesBrands ‘ Q2 Profit Hurt by Higher Cotton Costs
2(HBI), the parent of Champion, reported sales were $1.18 billion, an increase of 1 percent over last year’s quarter, and earnings per diluted share were 67 cents, a decrease of 14 percent. The decrease in EPS was primarily due to substantially high
Johnson Health Tech Acquires Magnum Fitness
Johnson Health Tech, the parent company of such fitness brands as Matrix, Vision, AFG and Horizon, has acquired Magnum Fitness, the manufacturer and marketer of performance strength equipment, based in South Milwaukee, WI…
Footbalance North America Relocating HQ to Boulder
Footbalance North America is relocating the company’s headquarters to Boulder, CO. from San Diego, CA, where it has been based since 2009. The move will take place immediately following the Outdoor Retailer Summer Market 2012 trade show, in early Au
Modell’s Adds Mobility to Loyalty Program
Modell's Sporting Goods has added a mobile component to its MVP loyalty program. Modell’s Sporting Goods is using the Key Ring Reward Cards’ mobile coupon and customer acquisition platform to introduce mobile into its loyalty marketing mi
OIA Offering Rendezvous Discount During OR Show
Outdoor Industry Association® (OIA) is offering a $50 discount on Rendezvous registration during Outdoor Retailer. To receive this special pricing, industry members must register at the OIA booth (#56000) during the tradeshow, Aug. 2-5, at the Salt Palace
Happy Feet Plus Opens Ninth Store
Happy Feet Plus announced the opening of their ninth shoe store on Florida’s West Coast in South Tampa…
JJB Sports Appoints Beverley Williams as Interim CEO
JJB Sports PLC, the troubled U.K. sporting goods chain, announced the appointment of Beverley Williams as chief executive officer on an interim basis. She replaces Keith Jones, who resigned last Friday…
Nike Helps Establish Ralph DeNunzio Fund for Athletics at Princeton University
Nike, Inc. and Princeton University announced the establishment of The Ralph DeNunzio ’53 and Nike Endowment Fund for Princeton Athletics. The fund, seeded by a $700,000 gift from Nike, was established in honor of Ralph DeNunzio, a 1953 graduate of
Supply Chain Problems to Curtail Native’s Growth in 2012
The once fast growing Native sunglasses brand will see flat sales this year due to supply chain issues that caused fill rates to plummet in the second quarter for a new line aimed at mountain athletes, the company’s parent company reported last week
Raleigh Props up Accell in Q2 As Rain, Euro Crisis Dampen Demand
Accell Group SpA of the Netherlands reported earnings at its Bicycle, Parts and Accessories (BP&A) segment, excluding acquisitions, fell 18 percent as the dour economic outlook and unseasonably wet weather dampened demand for non-sport bikes in its native
Report: JJB Sports CEO to Step Down
The Daily Telegraph reported on Friday that Keith Jones is planning to step down as CEO of JJB Sports, the U.K. sporting goods chain…
France’s Groupe GO Sports Posts Modest Comps Growth in First Half
Groupe GO Sport, France’s second largest sporting goods retailer, had same-store sales growth of 1.0 percent in the first half ended June 30. Sales were down in France, but up in Poland. Losses neared $14 million as gross margins narrowed…
Cabela’s Fires on All Cylinders in Q2, Lauds Next-Gen Stores
Cabela's Inc. grew its top and bottom lines and comps in the second quarter and said its newest stores and Canadian business continue to significantly outperform its legacy stores. The company improved Retail and Direct channel revenue, merchandise m
Currie Technologies Dispatches IZIP E-Bike Road Show
Currie Technologies has dispatched five newly minted territory managers (TMs) into the field in new Nissan NV high top vans, fully wrapped like a rolling billboard to launch the IZIP Road Show. The show will support dealers by offering test rides of the
Leadville Trail 100 MTB Race Draws Nearly 2,000 Riders
Nearly 2,000 riders have registered to participate in the Leadville Trail 100 Mountain Bike Race, an ultra-distance mountain bike race scheduled for Aug. 11.
