Jack Wolfskin’s Sales Rise 21% in 2010
Jack Wolfskin, Germany's dominant domestic outdoor clothing and equipment brand, saw sales increase 21% in its 2010 fiscal year, but did not disclose profits. The company was being shopped by its private equity owners as recently as last summer, acco
Best and Associates Named Chaos Rep of Year
Chaos Headwear again named Best and Associates of the Rocky Mountain Region as its �€�Rep of the Year.” The agency was recognized at the SIA- Snow Sports trade show in Denver, CO., Jan. 28, 2010…
LaCrosse Footwear Sees More Business Shift into Fourth Quarter from Q2 and Q3
Significant strength from the Work market drove consolidated fourth quarter revenues 22.5% for LaCrosse Footwear in the period ended Dec. 31…
Wolverine World Wide Sees Growth Across All Brands in Fourth Quarter
With all brand groups delivering strong double-digit sales increases, Wolverine World Wide, Inc. reported revenue for the fourth quarter grew 23.2% to $385.0 million. Earnings climbed 53.2% to $25.6 million, or 52 cents a share, from $16.7 million, or 33
Amer Sports Doubles Full Year Net Income But Warns of Margin Pressure Ahead
A warning about growing margin pressure from rising labor and input costs prompted investors to bid down stock in Amer Sports last week even after it reported a 21% increase in fourth quarter sales and predicted sales and EBIT growth for the year ahead…
December Golf Rounds Dip
According to Golf Datatech, golf rounds for the U.S. were down 0.8% in December 2010 compared to December 2009 and down 2.3% for the full year…
Dick’s Sporting Goods Settles Labor Lawsuit
Dick's Sporting Goods Inc. agreed to pay up to $15 million to settle a class-action lawsuit brought by current and former employees who say they weren't properly paid overtime and were made to work through breaks…
Acushnet Golf Reports Fourth Quarter Sales Uptick as Spinoff Looms
Fortune Brands, Inc., the parent company of Acushnet, reported earnings and sales improved significantly for the fourth quarter ended Dec. 31 against a prior-year period that included substantial charges…
Johnson Outdoors Narrows Fiscal First Quarter Loss on Cost-Cutting Measures
Johnson Outdoors said “transformative actions,” during the fourth quarter ended Dec. 31 – including higher volumes, improved operating efficiencies and sustained cost reductions – significantly moderated losses for what is traditionally the w
Vaude Teams with China’s Kailas in China
Kailas, a Chinese outdoor gear company, has taken charge of the German outdoor company Vaude’s distribution activities in China as part of a broader pact that will include close collaboration with suppliers and joint development work and licensing a
DSW to Merge With Retail Ventures, Raises Outlook
DSW Inc. and its largest shareholder, Retail Ventures, Inc. announced that the two companies have signed a definitive merger agreement providing for RVI to become a wholly-owned subsidiary of DSW…
Asics’ Motoi Oyama Elected President of WFSGI
Motoi Oyama, the president of Asics, was elected president of the World Federation of the Sporting Goods Industry (WFSGI) for a three-year term…
Lafuma Fiscal Q1 Growth Undercut by China Business
Lafuma Group’s sales edged up 1.9% to €52.4 million ($71 mm) in its fiscal first quarter ended Dec. 31 from a year earlier. Excluding the costs of a transition to a new partnership in China, growth for the quarter would have been 3%…
Sanitas Group Named Mountainsmith Agency of 2010
Mountainsmith said the Sanitas Group has won its 2010 Anvil Award for Agency of the Year. In a flat market, the group, headed up by industry veterans Keith Reis and Andy Anderson, led a surge in sales and market share in their Rocky Mountain territory to
Summit Hut General Manager Acquires Business from Founder
David Baker, who founded Summit Hut in 1969, has sold the landmark Tucson outdoor retailer to long-time employee Dana Davis. Baker will stay on to guide Davis through the transition over the next 18 months…