Smith and Wesson Reports Q3 Results Boosted by USR Acquisition, Strong Gun Sales
Smith & Wesson Holding Corporation said net sales of $108.8 million for the second fiscal quarter ended October 31, 2009 were $35.6 million, or 48.6%, higher than net sales of $73.2 million for the comparable quarter last year…
Gore Kicks Off Online Community with Photo Contest
W.L. Gore & Associates (Gore) launched a new online community for the GORE-TEX brand at MyExperienceMore.com with a photo contest. Finalists, who will be determined by their peers, will be eligible for a grand prize of up to $10,000 towards planning his/h
Duty Relief on Some Outdoor Footwear Could Expire
Outdoor Industry Association (OIA) has confirmed that the Senate will not pass its miscellaneous tariff bill (MTB) before adjourning for the holiday recess. However, the trade organization is confident Congress will extend duty relief that reduces tariffs
Nike Supports Tiger Woods
Nike was among other sponsors affirming its support for Tiger Woods. Nike said briefly in a statement, “Nike supports Tiger and his family. Our relationship remains unchanged.”…
Timberland Continues Sundance Sponsorship
The Timberland Company will again provide official jackets and footwear to movers and shakers at the Sundance Film Festival next month. Timberland said it renwed its role as an official haberdasher for Festival filmmakers and the programming team…
And-1 Re-Launches Website; Establishes Social Media Program
And 1 has re-launched AND1.com with an integration of social media services including Facebook, Twitter and Youtube…
Arrests in Scam Involving Pro V1 Golf Balls
The Lincolnshire Police Department has confirmed that Lloyd Morris, of Deerfield, Illinois, and Marco Maggiore, of Buffalo Grove, Illinois, were arrested on November 23, 2009 and charged with money laundering, computer fraud, mail fraud and theft tied to
G-III’s Q3 Earnings Climb 12.2%; Hikes FY09 Guidance
G-III Apparel Group, Ltd. reported revenues for the three months ended Oct. 31, 2009 increased by 3.4% to $363.5 million from $351.6 million in the same quarter of last year. Net income increased 12.2% to $32.3 million, or $1.87 per diluted share, compare
Spyder Partners with Ardica on Limited Edition Jackets
Spyder Active Sports has produced 24 limited edition jackets with Ardica Moshi portable heat and electronic charging power. Spyder produced a finite number of jackets as an avenue to test the innovation in a ski-based application…
Lucy Upgrades Website
Lucy activewear announced the launch of its new website design this month. The new site includes product ratings, social media sharing, and a comprehensive “living lucy” community section…
Timberland Extends LED Lighting Across Stores
The Timberland Company said that LED lighting will be replacing less efficient incandescent spotlights in 70% of its North American stores by the end of 2009…
Cyber Monday Sales Surge
According to Coremetrics Inc., a web analytics firm, sales were up 13.7% on Cyber Monday over year-ago levels. The average dollar amount consumers spent per online order rose 38.2% from Cyber Monday 2008 ($180.03 versus $130.24), led by apparel retailers.
Robert Langlois Named EVP of Jupa Sports.
Robert Langlois was named to the new position of executive vice-president of JUPA Sports, a division of Montreal-based Boyz Group Inc…
Most Major Retailers Plan Flat Holiday Ad Spending
More than half (55%) of national retailers say that their 2009 advertising budget is flat this holiday season, up from 43% in 2008, according to a study conducted by BDO Seidman, LLP. The study also found that 76% of retailers using social marketing will
Woolrich Names Men’s Merchandising Exec
Woolrich has named former TSA exec Keith Reichelderfer director of men’s merchandising. He will be responsible for directing all merchandising efforts including product development, strategic planning and implementation for all men’s products.
