Luxottica Reports U.S. Demand for Premium Sunglasses Remains Strong
Luxottica Group said sales of its Oakley and Ray-Ban eyewear continued to grow at double-digit rates in the first quarter and raised its upper guidance for sales of the newly launched Coach eyewear line by 20 percent to…
Shock Doctor Announces Partnership With NFL’s Akeem Ayers
Shock Doctor announced a multi-year partnership with acclaimed NFL linebacker, Akeem Ayers of the Tennessee Titans. Ayers will serve as a product development advisor for the company…
Dorel Recreational/Leisure Segment Posts Record Q1 Results
Dorel Industries Inc. said its Recreational/Leisure segment posted record first quarter results thanks particularly to continued strong sales of the Cannondale, GT and Mongoose brands to European IBDs. Operating profits also set a six-year record thanks i
DOJ Seizes $1.5MM in Counterfeit Proceeds
The Department of Justice has seized more than $1.5 million in proceeds from the distribution of counterfeit sports apparel and jerseys via websites traced back to Chinese operators. The funds were seized from interbank accounts and six money service busi
Heelys Widens Q1 Loss
Heelys, Inc.'s revenues improved 19.7 percent in the first quarter, to $7.3 million but lower margins caused its net loss to expand to $1.6 million, or 6 cents a share, from $1.2 million, or 4 cents, the prior year…
Geox Lowers Outlook After Weak Q1
Geox SpA reported lower sales and profits in the first quarter and predicted sales to slide in the year due to weakness in Europe. Profit in the quarter slipped 4.3 percent to €43.4 million ($56.3 mm). Revenues gave back 4.5 percent to €330 mi
Nordstrom First Quarter 2012 Earnings In Line with Expectations
Nordstrom, Inc. reported net earnings of $149 million, or 70 cents per diluted share, for the first quarter ended April 28, up 2.9 percent from the year earlier quarter. First quarter same-store sales increased 8.5 percent..
Diapers.com Launches New Clothing and Shoe Shop
Diapers.com announced the launch of its new Clothing & Shoe Shop at Diapers.com. With more than 30,000 clothing and shoe items, 100+ brands and sizes ranging from newborn to 5…
CamelBak Renews Outdoor Nation Sponsorship
CamelBak signed on as the official hydration sponsor of Outdoor Nation for the third year in a row. CamelBak’s contribution will help support the 2012 Outdoor Nation Summits held this summer and fall in ten cities across the United States and the co
High Sierra Acquires Eponymous Domain Name
After many years of negotiation, High Sierra Sport Company has acquired the domain name HighSierra.com, which had been operated as a local travel and visitor site to promote real estate, tourism and other businesses in the Lake Tahoe area…
SIA Announces Sold-Out Booth Space for 2013 Snow Show
SnowSports Industries America (SIA) announced to their board of directors the 2013 SIA Snow Show (Jan 31-Feb 3, 2013) had officially reached “sold-out” status for exhibitor booth space at the Colorado Convention Center…
Sports, Inc. Hands Out Half Million Dollar Dividend to Members
The board of directors of Sports, Inc. approved $525,797 in additional rebates to its members in April. The $525,797 in Patronage Rebate checks closed out the 2011 fiscal year in which Sports, Inc. paid over $21 million in rebates to its members…
National Survey Shows Bipartisan Support for Maintaining Bike Funding
New survey results from America Bikes reveal overwhelming support for biking and walking, with more than 80 percent of Americans favoring level or increased federal funding for sidewalks and bike lanes…
Hi-Tec Sports Appoints Director of Operations, USA
Hi-Tec Sports appointed Rick Randleman as director of operations, USA. Randleman is responsible for overseeing the customer service, IT and distribution departments of the company’s two US brands, Hi-Tec Sports USA and Magnum…
EMS to Celebrate Grand Opening of Second Portland, ME Store
Eastern Mountain Sports will host a grand opening of a new store in South Portland, ME on May 11-13. The 20,442-square-foot space triples the company's presence in the Portland market, where EMS has operated its Marginal Way store since 2005…
