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.
Puma SE Q2 Profit Falls on Weaker Margins, Higher Expenses
Puma SE second quarter consolidated sales grew by 11.8 percent in Euro terms and by 6.0 percent currency adjusted to €752.9 million ($968 mm). As a consequence of lower than expected gross profit and increased expenses, consolidated net earnings dec
Brunswick Corporation’s Q2 Earnings Improve
Brunswick Corporation reported earnings in the second quarter rose to $83.6 million, or 90 cents per share, compared with $69.3 million, or 75 cents, a year earlier. Net sales, excluding divested operations, declined by 1 percent. Weakness in Europe and i
Montana Fly Company Welcomes Comb Enterprises to Sales Force
Montana Fly Company has partnered with Frank Smethurst and David Allen at sales representative group Comb Enterprises to drive sales in the Southern Rockies region…
Deckers Q2 Losses Widen, Reiterates Full-Year Outlook
Deckers Outdoor reported net sales increased 13.1 percent in the second quarter, to $174.4 million compared to $154.2 million for the same period last year. The addition of Sanuk and direct-to-consumer growth offset a 0.3 percent dip in Ugg sales and a 15
Lids Team Sports/Nike Reach Three-Year Deal with Valparaiso
Lids Team Sports, a division of Indianapolis-based Lids Sports Group, and the Valparaiso University Athletic Department have entered into a renewal agreement for three additional years. Per the deal, Nike will remain the official provider of Crusader uni
Antigua Group Enters Tennis Apparel Market
The Antigua Group, Inc., well known in the golf apparel, sports licensing and casual wear business for over 30 years, announced its entrance into the tennis market with a line of men's and women's performance apparel…
Cybex’s Q2 Losses Grow
Cybex International, Inc. reported sales for the second quarter of 2012 were $30.8 million, compared to $32.6 million for the corresponding 2011 period. The fitness equipment company reported a net loss for the second quarter of 2012 of $1.2 million, or 7
