Nordstrom’s Q3 Profits Soar on 6% Comp Gain
Nordstrom, Inc. reported earnings jumped 42.6% in the third quarter, to $119 million, or 53 cents per diluted share, from $83 million, or 38 cents, for the same quarter last year. Third quarter same-store sales increased 5.8% compared with the same period
Adidas Group Builds New Road for Growth
The Adidas Group launched an ambitious five-year program, entitled “Route 2015,” with a goal of expanding revenues by 45% to 50% over the next five years. At the same time, management unveiled a new U.S. growth program, “Generation U.S. 2015,” for the Adi
Easton-Bell Sports Sees Q3 Earnings Halved Despite Solid Sales Gains
While one of its biggest competitors in football helmets is taking it in the chin, Easton-Bell Sports, Inc. is busy building on its helmet businesses — from football and other team sports to snow sports and cycling. Revenues increased 10.2% to $198.8 mil
Delta Apparel Appoints Two Independent Directors
Delta Apparel, Inc., the parent of M.J. Soffe, appointed Dr. G. Jay Gogue and Sam P. Cortez to its board of directors on Nov. 11, 2010…
Heelys Inc. Third Quarter Revenues Fall Double-Digits Again
Heelys, Inc.'s sales slid 23.3% in the third quarter, to $8.2 million. Losses were cut to $69,000, or less than 1 cent a share, from $1.1 million, or 4 cents, a year ago. Sales slid 15.6% to $6.9 million internationally due to lower sales to the Germ
Head NV Capitalizes on Winter Sports Gains in Q3 But Earnings Tumble
Head NV saw continued strength in its key Winter Sports segment drive healthy growth for the three months ended Sept. 30, although profit slipped significantly as a result of certain expenses…
FansEdge Parent Cuts Third-Quarter Losses
Dreams, Inc., the parent of FansEdge.com, reported revenues were up 30.0% in the third quarter to $19.8 million, compared to $15.2 million generated in the same period last year…
Sun and Ski Opens Third New England Store
Sun & Ski Sports, based in Houston, TX, has opened its third store in the New England market. The 16,000 square foot store in Pembroke, MA, is a former Ski Market location. It now has 26 stores…
NRA’s Right to Hunt and Fish Amendments Adopted in Three States
Voters in Tennessee, Arkansas, and South Carolina voted to include National Rifle Association-backed constitutional amendments to protect America’s great, ages-old heritage of hunting and fishing as state constitutional rights…
Mexican Diplomat Says NRA Should Target Gun Trafficking
A top diplomat in Mexico has appealed for help from the National Rifle Association to help stem the flow of U.S. guns to Mexico's drug cartel, according to several sources, including Reuters…
Columbia’s Gert Boyle Averts Robbery
Gert Boyle, the 86-year chairman of Columbia Sportswear, certainly last week lived up to the “One Tough Mother” role she plays in her company's advertising campaigns, According to The Oregonian, Boyle was confronted outside her home in West Linn, OR
Billabong Completes General Pants Group Acquisition
Billabong International Limited has completed the acquisition of the Sydney, Australia-based Surf Dive 'n' Ski and Jetty Surf retail stores from fashion apparel retailer General Pants Group and associated parties. Both the companies are based in
Congress Unlikely to Move on IP Issues
Complex legislation on intellectual property is unlikely in coming years because the new Congress is going after major issues which define their own parties, a Washington lobbyist concluded in a roundtable on the impact of last week’s elections held
Fox Factory Parent Offers 4.3M Shares
Compass Diversified Holdings priced its public offering of up to 4.9 million shares at $16.90 per share, which could raise as much as $69.0 million for the parent of Fox Factory, Inc….
Fischer Sports Names New Creative Agency
Fischer Sports GmbH has named Zooom Productions as its lead creative agency. With offices in Austria and Venice Beach, CA, Zooom specializes in helping brands reach the youth market. It's current clients include Red Bull, Braun, Nike, Suunto, Salzbur