Shimano Q1 Sales Up Despite “Sluggish” Retail
Shimano, Inc. reported net revenues fell 11.4% to ¥50.22 billion ($554 mm) for the period ended March 31, compared to ¥45.09 billion ($483 mm) in Q1 last year…
Acushnet Sees Product Launches Boost Sales
The Acushnet Co., the division of Fortune Brands that includes the Titleist and FootJoy brands, reported revenues for the first quarter ended March 31 edged up 1.9% to $353.6 million from $347.0 million a year ago…
McDavid Teams With Hibbett on National Underclassmen Football Combine
McDavid, Inc., in partnership with Hibbett Sporting Goods, announced a partnership with Schuman's 2010 National Underclassmen Football Combine (NUC) as official sponsors of these events, which will be held in various locations throughout the country
RECALL: Inversion Benches
ICON Health & Fitness, in cooperation with the U.S. Consumer Product Safety Commission, is recalling approximately 33,000 Nordic Track Revitalize, Gold's Gym, and Weider Club Inversion Benches…
RECALL: Buoyancy Compensators
Ocean Management Systems Inc., in cooperation with the U.S. Consumer Product Safety Commission, is voluntarily recalling approximately 20,000 Buoyancy Compensators used for scuba diving…
Sturm Ruger Q1 Earnings Propelled by New Products, Improved Sell Throughs
Sturm, Ruger & Company reported sales and earnings growth for the first quarter of 2010 came as a result of improved sell-through numbers and strong consumer demand during the period…
Nike to Increase Sales by 40% by 2015
In its first analyst meeting in three years, Nike announced plans to increase sales by 40% to $27 billion by 2015. In its full fiscal year ended May 31, 2009, its sales were $19.2 billion. Significant growth is expected to come from foreign markets, appar
Jarden Outdoor Q1 Earnings Soar, Sales Up 4%
Jarden Corp’s Outdoor Solutions segment saw sales rise 3.9% in the first quarter to $614.2 million from $591.3 million a year ago…
Walking Co. Exits Chapter 11 Proceedings
The Walking Company emerged from Chapter 11 after its reorganization plan was approved in bankruptcy court in Santa Barbara, CA…
Snow Sports Sales Grow 4% in ’09/’10 Season
Snowsport Sales for the 2009/2010 season were up 4% over last season, according to the SIA Retail Audit. Snow sport retailers sold $2.94 billion this season compared to $2.82 billion a year ago. Although sales were up in dollars, fewer units were sold thi
Chalk it up to Carbon Fiber; Taiwan Sees Major Gains in Bike Exports
Call it the bicycle machine; Taiwan has a well developed industry that designs, builds and distributes a wide array of finished bicycles, bicycle components and related accessories which displayed good form in the first quarter of 2010…
IMBA Raises Nearly $600K for Public Lands Initiative
Just a week after launching the Public Lands Initiative, the International Mountain Biking Association (IMBA) said that the bicycle industry has pledged $587,000 for the project…
Armstrong Joins Honey Stinger
Lance Armstrong has joined the ownership group at Honey Stinger where he will be collaborating on future product development as well as his endorsement of Honey Stinger energy gels, bars and organic chews…
Adidas Raises Full-Year Outlook as Q1 Profit Jumps
Adidas AG reported its first-quarter net profit rose to €168 million ($234 million) from €5 million in the year-ago period. Revenue grew 4% to €2.67 billion ($3.7 billion) from €2.58 billion. The firm also raised its outlook for 20
Federal Study Shows Obesity Rising Much Faster Among Girls
The percentage of obese girls in the United States increased more than twice as much as the percentage of obese boys from 2003 to 2007, according to a study released Monday by researchers at the Health Resources and Services Administration (HRSA)…
