NRF: July’s Retail Sales Climb 3.1%
Retail industry sales for July (which exclude automobiles, gas stations, and restaurants) increased 3.1% unadjusted year-over-year and also declined 0.2% seasonally adjusted month-to-month, according to the National Retail Federation…
ORSM 2010: Paddle Sports Business Surges
According to Outdoor Retailer tradeshow director Kenji Haroutunian, a trade show is like a specialty retail store. If OR Summer Market wants to sell the Paddle Sports lifestyle, it has to offer more than just gear on a shelf and the new Paddle Sports sect
Li and Fung Sees Solid H1 Results; Acquires U.S. Footwear Firm
Li & Fung Limited pointed to nascent economic recovery in the U.S. and recent acquisitions and outsourcing deals led to record core operating profit growth of 55% for the first six months of 2010…
Adams Golf Swings to Second Quarter Profit on Sharp Gross Margin Improvement
Adams Golf pointed to new product launches and double-digit growth in two of its three primary sub-segments which propelled the company to 36.0% revenue growth and significant margin improvement for the second quarter ended June 30…
Aldila Swings to Q2 Profit
Golf shaft specialist Aldila, Inc. said sales gains in both of its major categories catapulted sales 36.2% for the second quarter and helped the company swing to a profit from a year-ago period that suffered from an overall weak market…
Fox Factory Q2 Sales Up Double Digits
Fox Factory Inc. reported sales of $34.7 million in the three months ended June 30, up 16.1% from the year-ago quarter, according to a financial report released by its parent company Compass Diversified Holdings, Inc…
NRF: Container Traffic to Rise 15% in 2010
Import cargo volume at the nation’s major retail container ports is expected to total 14.5 million containers for 2010, a 15% increase over last year’s unusually low numbers as the economy continues its cautious recovery, according to the mont
Broder Bros Narrows Q2 Loss on Improved Margins; Gains Market Share
Broder Bros. pointed to higher gross margins, higher unit volumes and a double-digit gain in sales as the catalysts for a narrower loss for the period…
Fox Factory Q2 Sales Up Double Digits
Fox Factory Inc. reported sales of $34.7 million in the three months ended June 30, up 16.1% from the year-ago quarter, according to a financial report released by its parent company Compass Diversified Holdings, Inc. Gross margins remained essentially fl
Gun Rights Group Files Suit Against Chicago Ordinance
The Second Amendment Foundation (SAF) has reportedly filed a lawsuit in federal court against the City of Chicagofs new gun ordinance, asserting that gby banning gun ranges open to the public under color of law,h the city is depriving citizens of their
Mountain Hardwear Launches E-Commerce Website
Mountain Hardwear officially launched a new e-commerce site where consumers can buy Mountain Hardwear products online directly from the company for the first time…
Nautilus Sees Q2 Loss on 24% Revenue Decline
Nautilus, Inc. reported a net loss from continuing operations of $7.0 million, or 23 cents per share, for the second quarter ended June 30, 2010. Sales slid 23.7% to $30.6 million from $40.1 million a year ago…
Highgear to Sponsor of 2010 Nor’easter
Highgear, a division of Implus, has partnered with Eastern Mountain Sports (EMS) as a supporting sponsor of the 2010 Nor'easter, the Northeast outdoor festival…
Nordstrom 2Q Earnings Rise 39%
Nordstrom Inc. reported net income in its second quarter that ended July 31 was $146 million, or 66 cents per share, up from $105 million, or 48 cents per share, a year ago.Revenue rose 12.7% in the quarter to $2.42 billion, helped by an 8.4 percent same-
J.C. Penney Posts 2Q Profit But Outlook Disappoints
J.C. Penney Co. reported a profit for the quarter ended July 31 of $14 million, or 6 cents a share, compared with a prior-year loss of $1 million, which included a pension expense of $83 million…