Li Ning’s Revenue Grow 13% in 2010
Chinese sporting goods brand giant Li Ning Company Ltd reported revenue grew by 13.0% in 2010, to RMB9.48 billion ($1.43 bn). Profit attributable to equity holders reached RMB1.1 billion ($167 mm), up 17.4% from 2009…
Lululemon Fourth Quarter Profits Soar; Sales Per Square Foot Reaches $1,726
Seeming to only build further momentum, Lululemon Athletica Inc. reported fiscal fourth quarter revenues surged 52.8% to $245.4 million for the 13-week period ended Jan. 30. The increase was driven by a 28% comp gain on a constant-dollar basis, bringing a
L.L. Bean Resumes Growth in Fiscal 2011 as Online Sales Overtake Brick-and-Mortar
Sales grew at L.L. Bean in fiscal 2011 for first time in three years thanks to a 29% jump in sales at the company’s online channel, which overtook brick-and-mortar to become the company’s dominant sales channel…
VF Corp. Rolls Out Five-Year Growth Plan to Add $5 Billion in Revenues
VF Corp. unveiled new five-year financial targets with a goal of adding $5 billion in revenues and $5 in earnings per share growth from 2010 levels. Not surprisingly, its Outdoor & Action Sports coalition is expected to fuel that expansion…
HR 1 Would Gut Conservation Spending
The Teddy Roosevelt Conservation Partnership, a coalition of sportsmen’s and conservation groups that includes Ducks Unlimited, the Trust for Public Land and wildlife management agencies, published its Sportsmen’s Priorities Checklist last wee
Birkenstock Expands Advertising Reach for 2011
Birkenstock USA launched its 2011 advertising campaign that will be featured in more publications than at anytime in its history. The extended reach is part of an overall program to pursue additional outdoor and specialty running accounts. The company al
Garmin sues Bryton for Allegedly Infringing Patent on Cycling Computer
Garmin Ltd. announced that a Garmin subsidiary filed a patent infringement suit against Bryton Inc. in the U.S. District Court for the District of Kansas. Garmin accuses Bryton's products of mimicking the appearance and functionality of Garmin's
McDavid to Sponsor Chicago’s NeXt All-American Classic
McDavid has been named the Official Sports Medicine and Protective Apparel partner of the NeXt All-American Classic, being held in Chicago on Sunday, April 3. The game features 24 of the best high school basketball seniors in America…
Spyder Hires Tina Pemberton to Represent Ontario Sales Territory
Spyder Active Sports appointed Tina Pemberton as the new sales representative in Ontario, Canada…
Brooks-Range Appoints Carlos Buhler as Ambasador
Brooks-Range Mountaineering Equipment, based in Fremont, CA, has named U.S. mountaineering veteran, Carlos Buhler, as its newest ambassador…
Nike and Dixie Team Sports Partner on High School Sponsorships
Frontier High School in New Matamoras, Ohio, recently became the latest high school to enter into a a corporate sponsorship agreement with Nike and Dixie Team Sports, according to the Marietta Times. The report indicated that Dixie now has more than 50 Ni
TriSports.com Installs Water Harvesting System
TriSports, the triathlon retailer based in Tucson, AZ, completed their massive rainwater harvesting system on the TriSports.com building in the Butterfield Business Park…
Timberland Opens Boston Store
Timberland chose St. Patrick's Day for the grand opening of its new Boston retail location at 201 Newbury Street (at Exeter), bringing the brand's authentic outdoor footwear and apparel to one of the Northeast's premier retail neighborhoods
Sport Chalet Partners with Soles4Souls to Help Japan Quake Victims
Soles4Souls and Sport Chalet have joined forces again to bring shoes to victims of the devastating earthquake and tsunami in Japan and the Pacific Rim. With more than 500,000 individuals homeless and living in shelters in Japan, the proud and prosperous
FWS to Launch Major National Survey on Hunting
The U.S. Fish and Wildlife Service will soon be conducting the 12th National Survey of Fishing, Hunting, and Wildlife-Associated Recreation…