Mammut Sales Growth Slows in Q2
Sales growth has slowed considerably at Mammut Sports Group since April, according to first half financial data released Wednesday by its parent company Conzzeta Group of Zurich…
Delta Apparel Fiscal Fourth Quarter Profit Jumps on Double-Digit Sales Gains
Delta Apparel, Inc. experienced quite a showing in the company’s fourth fiscal quarter, with reported net sales up 20.5% to $126.2 million from $104.8 in the prior-year period. What’s more is that DLA saw a considerable 40.8% rise in net incom
Zumiez Reports Surprising Q2 Growth; So Far, So Good for Crucial BTS
Action-sports lifestyle retailer Zumiez, Inc. reported that surging sales and comps during the second quarter ended July 31 propelled the company to a slight profit for the period – which was much improved over initial guidance and the one cent per share
The Buckle’s Struggles Continue in Q2 – Earnings Fall 17% on Weak Comps
Sluggish sales and higher costs dropped second quarter earnings for The Buckle more than 17%, significantly worse than most analysts had predicted. Management for the Kearney, NE-based teen retailer said same-store sales for the quarter dropped 7.3%…
Barneys Appoints Mark Lee as CEO
Barneys New York named Mark Lee, the former head of Gucci, as its new CEO. The appointment of the 47-year-old takes effect Sept. 1. Former CEO Howard Socol retired in 2008, and since then a committee of seven executives has run the company…
Under Armour Reveals Power in Pink Faces
Under Armour, Inc. announced Joleen Ruffin, Ashley Roback and Lisa Messer as the winners of its fourth annual 'Power in Pink' She's A Fighter Survivor Search, a yearly online campaign that encourages survivors and women living with breast c
Li-Ning Signs Evan Turner to Endorsement Deal
Li-Ning signed Evan Turner, the No. 2 pick in this year's NBA Draft, to a multi-year endorsement deal. Turner will be showcasing his own Li-Ning Sports signature footwear and apparel product line, available globally, beginning in the second year of t
UW Approves Adidas Sponsorship Agreement
Adidas and the University of Wisconsin athletic department received approval from the UW System Board of Regents to sign a new five-year sponsorship agreement that will outfit the school's 23 athletic teams…
Freedom Group Sees Year-ago Comparisons Sink Q2; Mountain Khakis Deal Terms Confirmed
Freedom Group, Inc., the parent company of the Remington, Bushmaster, DPMS/Panther Arms, Marlin, Mountain Khakis, EOTAC and Dakota Arms brands, among others, reported sluggish results across the board for a second quarter that suffered from insurmountabl
Billabong Sees Growth Resume in Americas
Billabong International said sales in the Americas increased 3.2% in constant currency terms in the second half of its fiscal year ended June 30, 2010. For the full year, sales were down 1.2% in constant currency terms to Australian $712.6 million (U.S.
ASICS America to Acquire Canadian Distributor
ASICS America Corporation will acquire its North American distributor, Agence Quebec Plus Ltd. (AQP), located in the Province of Quebec effective Aug. 31, 2010. Denis Custeau will maintain his current role as president and general manager. The internal st
Zungui Haixi Names COO
Zungui Haixi Corporation, a China-based manufacturer of sportswear and casual footwear, announced that it has appointed Mr. Xinglin Li as chief operating officer of the company effective immediately….
Yamaha Continues Sponsorship of National Hunting and Fishing Day
Yamaha Motor Corp., U.S.A., the maker of ATV and Side-by-Side (SxS) vehicles for outdoorsmen and women, renewed its sponsorship of the 2010 National Hunting and Fishing (NHF) Day…
RECALL: Powertec Leverage Gyms
About 1,000 Powertec Leverage Gyms from Powertec are being recalled. The detachment of the exercise workbench from the gym system causes instability, posing a risk of injury to consumers. No injuries have been reported…
Rab Hires Chris Lathrop to Rep in New England
Rab has added Chris Lathrop to its outside sales team to cover New England, noting that his experience establishing the Mountain Hardwear brand will help Rab gain share in the technical outdoor apparel market with specialty retailers.