L.L. Bean Posts 5.7% Revenue Gain in 2010
L.L.Bean's annual net sales reached $1.44 billion for the 2010 fiscal year ended Feb. 27, up 5.7% over 2009. The company said its board of directors approved a cash award of 5% of annual pay to approximately 5,000 eligible employees in recognition of
Cleveland Golf Secures Verdict Against Counterfeiters
Cleveland Golf Company, Inc. said it won a landmark legal victory with a jury verdict last week in a trademark infringement case. The company said it represented the first time that a SEO/Web Host or other Internet intermediary was found liable for contri
Brown Shoe’s Q4 Earnings Slide on Higher Sourcing Costs
Brown Shoe Co. reported sales for the fourth quarter increased 6.8% to $604.5 million. Famous Footwear's sales were up 3.7% to $355.5 million, driven by a 4.9% same-store sales increase, Companywide, earnings were down as higher margins at Famous Foo
Black Diamond Posts Fourth Quarter Loss on Consolidation Expenses
Black Diamond, Inc.’s Peter Metcalf used the company’s fourth quarter earnings call with analysts to plug the economic value of America’s public lands and the outdoor recreation industry they support…
OIA VantagePoint: Outdoor Product Sales Up 5.2% in February
Overall outdoor product sales for the four-week period ended Feb. 26 were up 5.2% to $655.6 million from $623.0 million in the year-ago month, according to retail point-of-sale data compiled by SportScanInfo for OIA VantagePoint™…
Amer Sports to Double Ski Production in Bulgaria
Amer Sports plans to invest BGN7.8 million, or $5.5 million at current exchange rates, to expand its Pamporovo ski factory in the Bulgarian mountain resort of Chepelare over the next three years. When completed, the project will double the factory’s
Whitetails Unlimited Funds more than $ 17.6 M illion in Projects in the Central Whitetail States
Funding from Whitetails Unlimited chapters has provided more than $17.6 million for local projects in the Central Whitetail states of Illinois, Michigan, and Wisconsin; and despite the economic downturn, attendance at WTU events remains strong…
OIA Names VP of Communications
Outdoor Industry Association (OIA) hired I Ling Matthews Thompson as vice president of communications. Thompson brings more than 14 years of experience in strategic communications, campaign marketing and public relations. She will officially join OIA on A
Gregory to Sponsor Red Rock Rendezvous
Gregory Mountain Products signed on as a sponsor of the 2011 Red Rock Rendezvous presented by Mountain Gear…
PacSun Q4 Sales Dip 10%
Pacific Sunwear of California, Inc. reported total sales for the fourth quarter of fiscal 2010 ended January 29, 2011 were $263 million, a decrease of 10% from total sales of $293 million a year ago. Same-store sales decreased 7%. The retailer reported a
Franz Koch to Succeed Jochen Zeitz as Puma CEO
Puma said that Franz Koch, currently in charge of global strategy for Puma, will become its chief executive officer. Koch will succeed Puma's current CEO Jochen Zeitz, In October, Zeitz said he would step down from the day-to-day running of the comp
Tecnica USA’s Footwear Division Adds Product Manager
Tecnica USA's footwear division has hired Katie Gould as product and marketing manager for the outdoor and winter footwear collections…
Foot Locker Builds on Vendor Relationship
Since taking over as CEO of Foot Locker in June 2009, Ken Hicks recognized that he had to strengthen the retailer’s position with the leading athletic brands. Partnerships had become “a little frayed” over the years, he admitted, when speaking last
Acushnet Also Looks to Asia
For Fortune Brands, which owns the Acushnet Golf brand, management pointed to several emerging markets that represented key growth opportunities for golf, specifically Korea, which the company saw grow 30% last year, and China…
Rocky Brands Names New Presidents
Rocky Brands has completed its management restructuring, naming three new presidents to oversee key aspects of the company, announced David Sharp, president and COO. The newly created positions include Gary Adam, president of International Sales; Jason Br
