Callaway Golf Sees Fusion Drivers Give Second Quarter More Loft…
Callaway Golf Company saw its margin initiatives continue to pay off in the second quarter as net income growth well outpaced sales growth. A mix shift that saw a larger percentage of sales occur in Woods than Irons also helped boost margins and the bott
Big 5 Q2 Net Income Falls on Macro Trends…
The big news for Big 5 in Q2 was an end to 45 consecutive quarters of positive quarterly comps results. Management noted the difficult macro-economic environment as a cause behind the sales decline with President and CEO Steve Miller saying they are “se
WSA Show Offers Little to Quell Market Concerns…
The mood at the recent WSA show was quite somber, with retailers and exhibitors alike feeling the chill of the malaise in the athletic shoe business. Foot Locker’s broad restructuring news, which broke just as the show was opening, definitely put a dampe
Asics Sees Q1 FX Rates Boost Bottom Line Growth…
Asics Corporation saw a double-digit first quarter sales increase mirrored in net income growth, despite decreased margins and increased expenses as a result of beneficial currency exchange rates. Global net revenues increased 10.0% to ¥56.84 billion ($47
Coleman Parent Q2 Boosted by Acquisitions…
Leading up to Jarden Inc.’s expected acquisition of K2, Inc. later this month, the company reported some strong results in its Outdoor Solutions segment, which includes Coleman and Pure Fishing. Most of Jarden's reported year-over-year Q2 net sales g
Gramicci Hires New Sales Agency
Gramicci apparel completed its restructured US sales team with the addition of outdoor industry veteran sales agency YPS Inc.
YPS, with offices in Seattle and Portland, is lead by founder Ned Johnson and his sales team of Steve Plass, Rob Scott, and Kath
Mizuno First Quarter Sales Rise 7.5%
Mizuno Corp. saw first quarter net sales increase 7.5% to ¥46.92 billion ($389.0 mm) from ¥43.64 billion (381.4 mm) in the year-ago quarter. The company said it experienced strength in Footwear, Diamond Sports and Golf, but Apparel was soft. Gross margins
Escalade Sports Sees Increased Specialty Sales in Q2
Escalade Sports saw second quarter sales increase 2.8% to $34.1 million from $33.2 million last year due to increased sales to the specialty market, which includes dealers and specialty sports retailers. For the quarter, sales to the specialty market incr
RECALL: Raleigh Bicycles
Raleigh America, Inc. and the CPSC are recalling approximately 1.200 2007 Raleigh Cadent Bicycles with Carbonage Carbon Forks, because the forks can break causing the rider to lose control, fall and suffer serious injuries. Raleigh America has received th
RECALL: Raleigh Bicycles
Raleigh America, Inc. and the CPSC are recalling approximately 1.200 2007 Raleigh Cadent Bicycles with Carbonage Carbon Forks, because the forks can break causing the rider to lose control, fall and suffer serious injuries. Raleigh America has received th
Terramar Acquired by Lamour
Terramar Sports Worldwide, a maker of outdoor performance wear, has been acquired by Lamour Inc. Terms of the July 1, 2007 transaction were not disclosed. The newly-acquired company will be renamed Terramar Sports. Lamour, a Canadian company specializing
SGMA Supports Youth Sports Legislative Package
The Sporting Goods Manufacturers Association is throwing its support behind a new legislative effort on Capitol Hill that will help to encourage youth sports participation. The Youth Sports Legislative Package includes seven bills, three of which are curr
Under Armour Q2 Income Soars on 50% Sales Increase
Under Armour net revenues increased 50.7% in the second quarter of 2007 to $120.5 million compared to net revenues of $80.0 million in the second quarter of 2006. Second quarter net income increased 135.6% to $5.7 million compared to $2.4 million in the s
Half Moon Outfitters Wins prAna Merchandising Contest
prAna announced the winners of its new “Build a prAna Environment” merchandising contest, launched in June 2007. Designed to encourage retailers to conceptualize and build prAna-themed environments in their stores, prAna received an overwhelming number o
Crocs to Acquire Bite Footwear
Crocs, Inc. has entered into a definitive agreement to acquire the Bite Footwear brand for $1.75 million in cash, plus a potential earn-out of up to $1.75 million based on Bite hitting certain earnings targets over a three-year period. Bite markets and se
