OIA Names New VP of Government Affairs
Outdoor Industry Association (OIA) has hired Kirk Bailey as vice president of government affairs. In this role, Bailey will lead the OIA government affairs department, establishing public policy goals and positions, directing OIA’s lobbying efforts,
Phoenix Footwear’s Q1 Revenues Climb 18 Percent
Phoenix Footwear Group, Inc., the parent of Trotters and SoftWalk, reported sales from continuing operations grew 18.4 percent to $5.7 million. Net earnings reached $260,000, or 2 cents a share, against a loss of $339,000, or 4 cents, a year ago…
Sears Collaborates with Outdoor Life on Hunt/Fish Apparel Line
Sears and Bonnier Corporation's Outdoor Life have entered a relationship to launch a line of Outdoor Life branded sportswear for men, available in over 800 Sears stores nationwide and on Sears.com, beginning Sept., 2012…
Starboard World Ltd. Donates $25K to Settle Lawsuit
Surfrider Foundation is receiving a donation this week in the amount of $25,000 as part of an out of court settlement between legendary surf shaper Jimmy Lewis and Starboard World Ltd and it's U.S. Distributors. The two companies are competitors in
Black Diamond Reports Early Sales of Spring Products Countered Loss of Winter ASAP Volume in First Quarter
Black Diamond Inc.’s sales and margins increased in the first quarter despite a decline in ASAP orders for ski hardgoods as its dealers moved up spring deliveries of more profitable mountaineering and climbing products to take advantage of unusually
Vail Resorts’s Rental/Retail Sales Off Just 0.3 Percent for the Season
Vail Resorts, Inc. reported season-to-date revenue from its retail/rental operations declined just 0.3 percent through April 22 compared to the prior year season-to-date period ended April 24, 2011. The results came despite a 12.6 percent decline in total
Nautilus Reports Second-Consecutive Profitable Quarter
Nautilus, Inc. reported sales for the first quarter ended Mar. 31, 2012 totaled $51.3 million, an increase of 6.1 percent compared to net sales of $48.3 million for the same quarter in 2011. Gross margin for the first quarter of 2012 improved 90 basis poi
Johnson Outdoors Reports Flat Q2 Sales
Johnson Outdoors Inc. reported second quarter sales of $128.7 million, essentially flat with record results a year earlier as shipments by its marine electronics and diving segments offset declines at its Watercraft and Outdoor segments…
Speedo Revenues Slide in Q1
The Warnaco Group reported revenues in its swimwear group, which is primarily composed of Speedo, slid 9.7 percent in the first quarter, to $91.9 million from $101.7 million a year earlier. Operating income improved slightly, to $14.8 million from $14.1
K-Swiss Lowers Guidance on Weak Worldwide Futures
K-Swiss lowered its quarter loss on lower costs and a jump in international revenue. But the company also saw weak domestic revenues and eroding future order rates while cutting its guidance for the year…
Gildan to Acquire Anvil Knitwear
Gildan Activewear Inc. has signed a definitive agreement to acquire 100 percent of the common shares of Anvil Holdings, Inc., the parent of Anvil Knitwear, for a total purchase price of approximately U.S. $88 million. Anthony Corsano, president and CEO of
The Buckle Sees 3.2 Percent Comps Growth in April
The Buckle, Inc. announced that net sales for the four-week fiscal month ended April 28 increased 3.2 percent to $71.6 million from net sales of $69.4 million for the prior year four-week fiscal month ended April 30, 2011. Comparable store net sales, for
Costco’s April Comps Increase 4 Percent
Costco Wholesale Corp. reported comparable store sales rose 4 percent during the month of April. Total sales reached $7.25 billion for the four weeks ended April 29, an increase of seven percent from $6.80 billion during the similar period last year…
Stein Mart April Comps Slip as Retailer Returns to Traditional Pricing Model
Stein Mart, Inc. reported comparable store sales for the four-week period ended April 28 decreased 1.6 percent. Total sales for the period were $95.2 million, a decrease of 0.9 percent. For the first quarter, comparable store sales decreased 0.4 percent a
Skullcandy’s First Quarter Earnings Increase on Strong Sales
Skullcandy Inc. reported that its first quarter net income for the three months ended March 31 rose 6 percent to $1.1 million, or 4 cents per share, from $1 million, or 8 cents per share, last year. Revenue rose 48 percent to $53.3 million from $36 millio
