Black Diamond Honors Chinese Distributor
Black Diamond Equipment named Shenzhen Himalaya Trading Co. Ltd. in China as its 2010 Independent Global Distributor of the Year for boosting sales by 82%…
Volcom Reports 22.4% Q4 Sales Increase, Plans to Buy 10 Outlet Stores
Volcom, Inc. said total consolidated revenues increased 22.4% in the fourth quarter and that it had signed a definitive agreement to purchase the assets related to the operation of the 10 existing Volcom outlet stores from a licensee. Fourth-quarter sales
Crocs’ Revenues Climb 32% in Q4
Crocs, Inc. reported fourth-quarter revenue increased 32% to $179.2 million, over revenue of $136.0 million reported in the fourth quarter of 2009. Net income improved to $4.7 million, or 5 cents per share compared to a net loss of $11.4 million, 13 cents
Deckers Outdoor Breaks $1B Barrier in 2010
Deckers Outdoor Corporation broke $1 billion in sales last year after a strong fourth quarter, when sales rose 23.6% to $430.1 million, same-store sales rose 11.6% and gross margins expanded by 440 basis points…
Keds Partners with Li and Fung on Apparel Line
Keds announced an exclusive licensing agreement with LF USA, a subsidiary of Hong Kong-headquartered multinational Li & Fung Limited, to develop a line of Keds branded apparel for women and men to be sold in retail stores across the U.S. and its territori
Under Armour’s Sponsorship Expenses Double in 2010
Under Armour Inc.'s sponsorship obligations totaled $167 million at the end of 2010, nearly double the $78 million spent in 2009, according to its just-released annual report…
No Fear Retail Stores Fliles Chapter 11
No Fear Retail Stores, Inc., which has 41 stores in California, Arizona, Nevada and four other states, announced that it filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for
OBIT: Snowboard/Surf Trailblazer Chuck Allen
Chuck Allen, an avid surfer and snowboarder who worked tirelessly to promote the board sports, has passed away from complications from a lung illness. He was known from coast to coast as the co-founder of the National Scholastic Surfing Association, or NS
Derby Cycle AG Reports Q4 Revenue Growth of 30.5%
Derby Cycle AG reported revenues grew 30.5% to €37.8 million ($51.5mm) in the first quarter ended Dec. 31 on soaring sales of e-bikes. Germany largest bicycle maker said it sold 80,517 bicycles and 12,634 e-bikes in the quarter, up 5.8% and 138.6% r
Head N.V. Preliminary 2010 Results Show 5% Growth
Head N.V. said preliminary and unaudited financial data indicate its total sales rose 5.0% on a constant currency basis in 2010 as a big boost from winter sports sales countered falling racquet sales. Dive sales rebounded 6% from their nadir in 2009, but
Saks Returns to Profitability in Q4
Saks Inc. reported net income of $25.0 million, or 14 cents per share, in the fourth quarter. The year-ago period included a net loss of $4.6 million, or 3 cents per share…
VF Corp’s Revenues Climb 11% in Fourth Quarter
VF Corp. reported fourth-quarter revenues rose a stronger-than-expected 11% to $2.13 billion from $1.92 billion in 2009. Revenues rose 12% on a constant currency basis and earnings rose 8% on adjusted basis. Revenue growth in the quarter was driven primar
RCG Boosts EBIT 50% on Strong Peformance at The Athletes Foot
RCG Corporation Limited reported record half-year profits on the back of continued strong sales by its operating businesses, which operate The Athlete's Foot in New Zealand and Australia and wholesale Merrell, Chaco and Cushe footwear in Australia. T
Icebreaker Joins Conservation Alliance
Icebreaker joined The Conservation Alliance, which has contributed almost $9 million to conservation projects throughout North America…
Dunham’s Sports to Open First Stores in Tennessee
Dunham's Sports will open its first stores in Tennessee. The stores will open this spring in Columbia, Tullahoma and Cookeville, according to The Daily Herald…