REI Launches Bike Info Website
Recreational Equipment, Inc. (REI) has launched www.rei.com/bikeyourdrive, an online resource created to inspire more people to cycle by exposing myths and breaking down common barriers associated with using a bicycle as an alternate means of transportati
Trips for Kids Expands to Israel
Trips for Kids (TFK) said an Israeli bike club dedicated to building bridges between Jewish and Arab youth has formed its first international chapter. Trips for Kids Israel – Samson Riders Bicycle Club (TFK Israel-SRBC) will bring disadvantaged youth toge
Filson to Open Portland Store Nov. 15
Filson will open its third U.S. retail location on Saturday, Nov. 15 in Portland, Oregon's vibrant Pearl District. The 2,400 square-foot space in the historic Confectionery Building joins Filson’s first store in Seattle, where the company was founded
Strong Mass Merchant Sales Boost Dorel’s Q3 Bike Business
Dorel Industries reported sales of its Pacific Cycle division to mass merchants were stronger than expected in the third quarter, while sales at its Cannondale IBD business were up over last year, despite supply issues for some of Cannondale's carbon
Backcountry Launches Affiliate Program for ODAT sites
Backcountry has launched an affiliate program to compensate owners of other Web sites for promoting its online “One Deal at a Time,” or ODAT sites. Under the program, affiliates can earn $5 for every new customer they refer to SteepandCheap.com (outdoor),
Weyco Group Earnings Fall 18.6%
Declining sales and rising costs contributed to an 18.6% decline in third quarter earnings for Weyco Group Inc. The manufacturer of men's shoes said net income fell to $4.34 million, or 37 cents a share, from $5.33 million, or 45 cents, last year. Sa
Columbia Sportswear to Cut U.S. Staff by 4%
Columbia Sportswear Company announced it will lay off 75, or 4%, of its 1,800 U.S. employees in response to an 11% decline in orders for Spring 2009…
Sport Supply Group Reports Record Q1 Sales
Sport Supply Group, Inc. reported record sales of $73.6 million and diluted EPS of 35 cents for its first quarter ended Sept. 30, 2008. The nation's largest direct seller of team supplies said its elementary school business, varsity athletics sales a
Under Armour Has Robust Third Quarter, but Outlook Cut on Macro Concerns
Under Armour reported a 28.1% hike in third quarter earnings on a 24.1% revenue gain, slightly ahead of Wall Street's expectations. But the performance apparel leader lowered its fiscal 2008 outlook due to the souring economic climate…
Escalade Suffers Q3 Loss on Drop in Sporting Goods Revenues
Escalade, Inc.'s revenues for the third quarter dropped 32.8% to $40.8 million from $60.7 million in the prior year. ESCA posted a net loss of $1.4 million, or 11 cents per share, compared to net income of $3.1 million, or 24 cents, in the prior yea
Volcom Q3 Sales Growth Outpaces Profit Gains
Volcom, Inc. posted strong top-line growth in the third quarter, but decreased margins and increased expenses as a percentage of net sales caused net income to grow at little more than half the rate of quarterly net sales…
Report: Callaway Golf Lays Off 154
Callaway Golf laid off 154 employees on Oct. 18, company spokesman Michele Szynal told the San Diego Business Journal…
Jarden Outdoor Ekes Out Q3 Sales Gain; Freezes Hiring
Jarden Corp.’s Outdoor Solutions segment, which includes Coleman, Pure Fishing and the former K2 Inc. business, reported net sales of $620.1 million for the third quarter, up 1.1% from comparable revenues of $613.1 million last year…
Fleet Feet Sees 16.5% Q3 Revenue Gain
Fleet Feet, Inc.'s third quarter marked the best quarter in the company’s 32-year history, with retail sales totaling $24.8 million, up 16.5% over third quarter 2007. Year to date sales are up 17.8% through September 2008, with $67.5 million in reven
Puma Sales Increase 5.9% Currency-Neutral in Q3
PUMA’s brand sales, which include consolidated sales and license sales, reached €778.6 million ($1.07 bn) during Q3, rising 5.9% on a currency-adjusted basis or 3.3% in Euro terms. Consolidated sales in Q3 grew 9.2% to €712.7 million ($979.4 mm) on a curr
