Retailers Bullish on Holidays, Will Start Promotions Earlier
Three fourths (75 percent) of retailers forecast an increase in holiday sales this year and 31 percent report that they will start promotions earlier, according to a survey released today by Hay Group. While 58 percent of retailers will wait until Novembe
Crocs Promotes Crutchfield to COO Post
Crocs, Inc. promoted Scott Crutchfield to the position of chief operating officer, where he will be responsible for leading all day-to-day operations for the Niwot, CO company, including overseeing worldwide manufacturing, distribution, logistics, supply
Report: Amazon to Launch Sports and Outdoor Gear for Kids Website
Amazon.com's Quidsi unit reportedly is launching a new sports and activities e-commerce site called AfterSchool.com in its first dedicated website around sporting goods. The website is designed to outfit kids with sports, dance and art supplies…
Smith and Wesson Fiscal Q1 Sales, Profits Surge on Demand for MandP Pistols
Smith & Wesson Holding Corporation reported record net income and net sales from continuing operations as it cut marketing expenses amidst strong consumer demand for its new M&P (military and police) pistols…
Quiksilver Says US, New Asian Markets Offset European Decline in Q3
Quiksilver, Inc. reported that revenues grew 2 percent to $512.4 million in the third quarter ended July 31, 2012, as a successful back-to-school launch of DC footwear and apparel into mid-tier department stores in the U.S. and growing sales in new Asian
Lululemon Raises FY Guidance on Blowout Q2
Riding strapping demand for its yoga and running apparel, Lululemon Athletica reported revenues for the second quarter jumped 33.1 percent to $282.6 million while earnings shot up 49.0 percent to $57.2 million, or 39 cents a share – both eclipsing interna
Under Armour Downplays Department Store Cannibalization Threat
While Under Armour has opened up selling to department stores particularly to expand its women’s lines, the brand doesn’t feel the extension will impede on the gains being seen in its core sporting goods retail partners…
Yue Yuen’s Revenues Climb 7.3 Percent in Nine Months
Yue Yuen Industrial reported revenues grew 7.3 percent in the nine months ended June 30, to US$5.56 billion. Recurring earnings were up 12.4 percent to US$387.9 million…
Dick’s SG to Open True Runner Store in St. Louis
Dick's Sporting Goods is opening its second True Runner, its run specialty concept, in Brentwood Square in St. Louis. The first opened earlier this month in Pittsburgh…
Reebok Classic Releases Alicia Keys Collection
As a part of a new partnership, Alicia Keys will be featured in Reebok Classics' FW12 global campaign with the launch of her signature limited edition collection for Reebok Classics…
Luxottica’s Public Float Boosted by Founder’s Stock Sale
The controlling shareholder of Luxottica Group S.p.A. has sold a 3.8 percent chunk of the Italian eyewear company for $610 million in an accelerated placement aimed at improving the public float of its stock. Delfin S.à r.l., a company controlled by Luxot
Point6 Sponsors ‘Run Rabbit Run’ Ultra Marathon Weekend
Point6, makers of premium merino wool socks, will sponsor the 6th Annual Run Rabbit Run 50 mile Ultra Marathon, and the first annual Run Rabbit Run 100 mile Ultra Marathon, in Steamboat Springs this month…
Vail Resorts Offers Season Pass Holders Access to Swiss Resorts to Entice Sales
Vail Resorts, Inc. is offering three days of free access to four ski resorts in Switzerland to anyone who buys its Epic Season Pass for the upcoming season. The offer could appeal to skiers unnerved by last winter, which went down as one of the driest in
OIA Rendezvous Conference Fast Approaching…
The OIA Rendezvous is the premier annual education conference for outdoor industry leaders, taking place October 3-5 in Boston. The theme of this year’s conference is Business Evolution — Exploring the Future of the Outdoor Industry.
Nike to Supply Uniforms for Spain’s National Basketball Teams
Nike and the Spanish Basketball Federation have announced a new partnership which will see Nike design and produce kits for the men's and women’s Spanish National Team at every level from 2013. Nike will reportedly replace Li Ning…
