Columbia Sportswear Misses Q4 Forecast
Columbia Sportswear Company said it fell short of its guidance for the fourth quarter. Preliminary results indicate net sales declined approximately 5 percent compared with fourth quarter 2011. The company had anticipated net sales growth of up to 1.5 per
Ex-Oakley CEO Teams with Altamont Capital on Billabong Bid
Altamont Capital Partners has tapped David Scott Olivet, former CEO of Oakley Inc., to join its 526.8 million Australian dollar (US$555.8 million) combo-bid with VF Corp. for Billabong International Ltd…
Volfango Bondi becomes Puma’s General Manager Europe
Volfango Bondi has been appointed general manager Europe at Puma with immediate effect. He succeeds Sergio Bucher, who has decided to leave the company. Bondi is based at Puma's Headquarters in Herzogenaurach, Germany, and reports to chief commercial
City Sports to Launch Extended Sizes for Women
City Sports will be adding extended sizes to their CS by City Sports brand in March of 2013, with the sizes catering to plus-sized women. Designed in-house at City Sports, this addition to their product line is a follow-up to the brand re-launch in March
Athletic Propulsion Labs Secures Patent
Athletic Propulsion Labs, the athletic footwear company headquartered in Los Angeles, on Jan. 8 was granted a U.S. Patent (8,347,526 ) on its Load ‘N Launch technology. The newly issued Athletic Propulsion Labs Load ‘N Launch technology patent
U.S. Input Costs Moderated in 2012
The cost of making finished goods, excluding foods and energy, grew just 0.1 percent in 2012, or at half the rate of 2011, according to an update to the Producer Price Index (PPI) released by the U.S. Bureau of Labor Statistics. When including foods and e
SkiLogik Names Canadian Distributor
SkiLogik of Breckinridge, CO has appointed The Lalonde Group to be its Canadian distributor. The Lalonde Group is led by winter sports distribution veteran Rick Lalonde…
Cabela’s To Open New Twin City, First South Carolina Stores
Cabela’s Incorporated announced plans to open a store in Greenville, SC and Woodbury, MN in 2014. Cabela’s expects to open the store in Woodbury, which is in the Twin Cities metropolitan area, in fall 2014…
Vail Resorts Lowers Guidance After Slow Start
Vail Resorts, Inc. reported retail/rental revenues increased 7.7 percent for the first half of the winter season through Jan. 15 compared to the comparable period ended. Jan. 13, 2012. Still, the company lowered its bullish earnings guidance for 2013, say
Accell to Phase Out Bike Manufacturing at Raleigh Canada
Accell Group N.V. is ceasing manufacturing and assembly activity at Raleigh Canada Limited's Waterloo, Québec facility in 2013, resulting in the termination of 100 contract employees. The facility will continue to support Raleigh Canada’s prese
SHOT Show Opening Marks 35 Years
Nearly 60,000 industry professionals will attend the 35th anniversary of the Shooting Hunting and Outdoor Trade ShowTM (SHOT Show) at the Sands Expo and Convention Center Jan. 15-18. This year's show will span 630,000 net square feet of exhibitor spa
Tilly’s Reports Negative Comps for Holiday Period
Tilly’s Inc. comparable store sales, including e-commerce sales, for the ten-week Holiday period ended Jan. 5, 2013 decreased 1 percent, compared to a 5 percent increase for the comparable Holiday period ended Jan. 7, 2012.
NRF: Holiday Retail Sales Up 3.0 Percent
National Retail Federation estimated total holiday retail sales increased 3.0 percent to $579.8 billion, or well short of its forecast of 4.1 percent. NRF estimated non-store holiday sales grew 11.1 percent, below the 12.0 percent forecast by its Shop.org
Cannondale Pro Cycling Team to Wear Sugoi, Train on Guru
Dorel Industries unveiled how it will use its new Cannondale Pro Cycling Team to promote Cannondale bikes, Sugoi apparel and its Guru Experience fit and training system…
Pyranha US Names Scavo as New England Rep
Pyranha U.S. announced that beginning immediately, Joe Scavo will assume sales rep responsibilities for Pyranha, P&H, Venture and Feelfree Kayaks in the New England territory.