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)…
Cabela’s Reports Q1 Earnings Up 58%; Direct Segment Boosts Sales
Cabela's Incorporated reported total revenue for the quarter of 2010, adjusted for divestitures, increased 5.1% to $559.6 million; retail store revenue decreased 1.5% to $271.3 million; direct revenue increased 2.1% to $222.7 million; and comparable
Steve Madden’ Q1 Sales Climb 23%
Steve Madden reported first quarter net sales increased 22.5% to $131.6 million. Retail comparable store sales increased 13.6% for the first quarter. First quarter net income increased 134% to $15.4 million, or 55 cents per diluted share, compared to $6.6
SylvanSport Nominated For Two More Awards
SylvanSport, manufacturer of “Mobile Adventure Gear,” has been nominated for two prestigious business awards in their home state of North Carolina…
Crosman Avoids Layoffs with Municipal Loan
Crosman Corp. will manufacture a new line of products at its Ontario County headquarters rather than laying off about 50 workers. The air gun manufacturer received help from the Ontario County and New York economic development agencies to retain the jobs
Injinji Signs on The Summit Group and Sean Vill as New Sales Reps
Injinji, manufacturer of the Performance Toesock, said hired Sean Vill and Denise Vill-Olson to represent the company in the Pacific Northwest, including WA, OR, AK and northern ID, and The Summit Group, headed by Jim Kelly, to handle the Southeast, incl
JC Penney To Reduce Energy Use by 20% by 2015
J. C. Penney Company, Inc. announced an environmental goal to reduce facility energy consumption 20 percent per gross square foot by 2015…
Supermodel Poses Nude for Reebok EasyTone Ad
Supermodel Helena Christensen appears nude except for her footwear in a campaign for Reebok's new EasyTone trainers…
Canada Goose Donates $45,000 to Polar Bears International
Canada Goose raised more than $45,000 in 2009 from the sales of its Polar Bears International (PBI) Expedition parka to support PBI (www.polarbearsinternational.com), an organization dedicated to conserving the world's polar bears…
G.I. Joe’s Eyes Comeback
Three former executives at the defunct G.I. Joe's Sports & Outdoors have opened a small store in Bethany, Oregon and plan to open a larger flagship store on the westside later this summer as part of a plan to revive the Joe's chain…
VF Corp. Sees 62% Hike in Q1 Earnings, Raises FY10 Guidance
VF Corp reported first-quarter revenues increased 1.4% to $1.75 billion from $1.73 billion a year ago. Earnings soared 62% to a record $163.5 million, or $1.46 per share, from $100.9 million, or 91 cents, a year earlier. Results benefited from strong sale
Thule Sues Swiss Cargo Over Patent, Trademark
Thule has filed two lawsuits in US and Canadian Courts against Swiss Cargo and its parent company, GSC Technologies of Champlain, NY. The suits allege that Swiss Cargo represented Thule and Sportrack products as their own, which is a violation of U.S. and
NSSF Releases Economic Impact Report
The National Shooting Sports Foundation has released a newly commissioned report detailing the significant economic impact the firearms and ammunition industry has on the nation's and each state's economy…
TRCP Files Objection to Colorado Energy Leasing Proposal
The Theodore Roosevelt Conservation Partnership has filed an official protest of more than 11,000 acres of public-lands oil and gas leases in Colorado, citing the areas' importance to fish and wildlife populations and calling upon the Obama administr
