Fox Racing Shox, Profits Rise 52.7 Percent in Q2
Compass Diversified Holdings disclosed that profits at its Fox Racing Shox unit soared 52.7 percent in the second quarter ended June 30 on a 32.5 percent increase in sales to $45.9 million. The company also released earnings for its recently acquired Libe
Adams Golf Sees Q2 Profits Shrink Despite Sales Gains
Adams Golf reported net sales of $34.1 million for the second quarter, compared to $31.6 million for the year-ago period, an increase of 8 percent year-over-year. The company posted a net profit of $2.9 million, or 36 cents per fully diluted share, for th
Descente Swings to Small Fiscal Q1 Profit
Descente reported sales for the fiscal first quarter ended June 30 increased 11.3 percent to ¥16.47 billion ($202 mm) from ¥14.76 billion ($161 mm) in the year-ago period. Gross margins slipped 40 basis points to 47.6 percent of sales for the quarter, co
Broder Bros. Q2 Net Income Triples
Broder Bros., Co. reported that second quarter 2011 net sales were $227.1 million compared to $211.6 million for the second quarter 2010. Net income for the second quarter 2011 was $16.0 million, or $1.54 per diluted share, compared to $5.0 million, or 5
Asia Bike Makes ”Good Start” in Debut
''A good start to a high standard'' is how Ludwig Meier, member of the management of Messe Friedrichshafen, summed up the first ''asia bike,'' which made its premier in China from July 27th to 30th, 2011…
Asia Outdoor Continues Rapid Growth
The sixth Asia Outdoor continued to grow at double digit rates across most metrics in its sixth year, according to show owner Messe Friedrichshafen. Exhibition space grew 31 percent at the July 27-30 show,w hich drew a record 19,180 visitors, up 17 percen
Costco’s July Comps Up 10 Percent
Costco Wholesale Corporation reported net sales of $6.74 billion for the month of July, the four weeks ended July 31, 2011, an increase of 15 percent from $5.86 billion during the similar period last year…
Dillard’s Comps Climb 9 Percent
Dillard’s, Inc. announced July sales increased 8 percent in July to $458.5 million from $425.2 million. Comparable store sales increased 9 percent for the four weeks ended July 30…
Footbalance Names Rep Firms to Cover Southeast and Southwest
Footbalance has hired independent sales teams Über Group and FHB Sales Agency to represent its moldable footwear systems to retailers in the Southeast and Southwest…
NSSF Files Suit Against ATF to Stop Reporting Changes
The National Shooting Sports Foundation (NSSF), the trade association for America's firearms industry, has filed a lawsuit challenging the legal authority of the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) under the Gun Control Act to c
Obermeyer Appoints New Lead Designer
Aspen-based Sport Obermeyer (Obermeyer) appointed Michelle Hollingsworth as the brand's new design lead. In her new role, Hollingsworth will manage the company's overall design process…
Penney Seeks Early Retirements
J.C. Penney Co. has begun a voluntary early-retirement program for staff in certain parts of the retailer's organization. The plan is part of efforts “to accelerate initiatives to enhance profitability,” a J.C. Penney spokeswoman told the Wall Street
Kyle Weiner Appointed President of Dorel Apparel Footwear Group
Sugoi Performance Apparel, part of the Apparel Footwear Group division of Dorel Industries, has appointed Kyle Weiner as president of Dorel's Apparel Footwear Group…
Kohl’s Partners Fila Sport to Fight Breast Cancer
Kohl’s Department Stores is helping customers take a stand against breast cancer with Fila Sport athletic merchandise designed exclusively by Kohl's for the Kohl’s Cares cause merchandise program…
Interbike 2011 Exhibitor Line Up Surpasses 2010 Numbers
With thirty business days left before Interbike 2011, the 30th anniversary of the show has already surpassed last year's show in overall size. The 2011 total number of scheduled exhibitors is 750, representing more than 1,200 exhibiting brands, up fr
