Timberland Shutters Miôn and GoLite Projects…
In a bid to cut costs amid a nearly 78% decline in earnings since 2005, The Timberland Company is shuttering its Miôn and GoLite outdoor footwear lines in a sudden reversal of its multi-branded outdoor specialty strategy launched three years ago…
Fear of Inflation Could Help OIA’s Trade Agenda
Rising concern about inflation could help Outdoor Industry Association’s trade agenda this year as Congress considers lowering tariffs in a bid to counter the rising price of Chinese and other imports on U.S. consumers. The OIA’s trade agenda revolves aro
Avalanche Death Toll Rose by 4 in March
North America closed out March with a total of 51 avalanche deaths, nearly double last year’s total for the entire season and the second highest level in 13 years, according to avalanche.org. As of April 11, the latest death had occurred March 29 near…
Sport Apparel Market Posts Modest Growth in ‘07
The SportsOneSource Group, the leading information platform serving the sporting goods, outdoor, athletic footwear and apparel markets, has released preliminary sales figures for the fiscal 2007 retail year. Based in part on retail point-of-sale data com
March Retail Results Flounder Amid Tough Environment.
March proved dismal for all retailers outside the club and discount channels as monthly comps declined for the vast majority of retailers covered in…
Delta Expects Q3 Loss on Retail Weakness
Delta Apparel, Inc. expects a loss in the range of 5 cents to 7 cents a share in its third quarter – including a 7 cents a share restructuring charge – on revenue of approximately $75 million…
NRF: Online Sales to Grow 17% in 2008
According to the annual “State of Retailing Online” survey from the National Retail Federation, (NRF), online retail sales are expected to grow 17% to $204 billion in 2008. Apparel (US$26.6 billion), computers (US$23.9 billion), and autos (US$19.3 billion
NBA Expects Strongest Season Ever
The NBA Store on Fifth Avenue had its best March ever with a 46% sales increase over last year. Since the beginning of the 2007-08 season, sales at the NBA Store are up over 17% versus last year as the regular season enters its final week…
Escalade to Stop Selling Table Tennis and Billiard Tables to Sears
Escalade Inc. said it will cease supplying table tennis and billiard tables to Sears Holdings in the second half of 2008. Approximately 74% of the sporting goods segment’s sales decline relates to the company's mass-market retail customers who it rep
Orange 21 Sees Growing Loss Despite Sales Gains
Orange 21 Inc. saw sales increases for both the fourth quarter and full fiscal year, but both periods also saw net losses that widened compared to last year…
Brown to Move Famous Footwear HQ to St. Louis
Brown Shoe Company, Inc. said it plans to join together employees from its Famous Footwear division headquartered in Madison, WI with its St. Louis-based divisions to create a more connected footwear company. The company will be headquartered in St. Louis
Outdoor Foundation Gets New Name and P.R. Firm
The Outdoor Industry Foundation has changed its name to The Outdoor Foundation and contracted Verde PR & Consulting to provide public relations, marketing, strategic planning, social media outreach, and event support…
Teva Opens Mountain Games to Amateurs
The Teva Mountain Games, billed as the nation's largest outdoor adventure sports festival, has added an amateur category to the GNC Ultimate Mountain Challenge. Launched in 2007, the GNC Ultimate Mountain Challenge is a grueling two-day test of athle
New Balance Sponsors ZOOMA Race Series
New Balance has become the presenting sponsor of the 2008 ZOOMA Women's Race Series, a new national series of women's running events. New Balance will provide all 2008 ZOOMA race participants with performance apparel and will participate in the
Delta Expects Q3 Loss; Misses Guidance
Delta Apparel, Inc. expects fiscal third quarter revenue to be approximately $75 million with a loss per diluted share in the range of 5 cents to 7 cents. These preliminary results compare to the company’s prior expectation of third quarter revenues betwe
