Under Armour Reports 30% Sales Growth for Q2; Raises FY08 Operating Income Outlook
Under Armour, Inc. reported revenues increased 30% in the second quarter to $156.7 million from $120.5 million. in the second quarter of 2007. Second quarter net income dropped 75.4% to $1.4 million, or 3 cents a share, from $5.7 million, or 11 cents, a y
Under Armour Ups Guidance on 30% Q2 Sales Gain
Under Armour, Inc. reported revenues increased 30% in the second quarter to $156.7 million from $120.5 million. in the second quarter of 2007. Second quarter net income dropped 75.4% to $1.4 million, or 3 cents a share, from $5.7 million, or 11 cents, a y
Jarden Q2 Sales Boosted by K2; Pro Forma Flat for Outdoor
Jarden Corporation reported second quarter net sales increased 29.5% to $1.36 billion compared to $1.05 billion for the same period in the previous year. Net sales for the company's Outdoor Solutions business jumped 69.9% to $708.6 million from $417.
Sea Otter Classic to Host Dealer Conference through 2011
The Bicycle Product Suppliers Association (BPSA) has signed a three-year agreement with the Sea Otter Classic to host its annual Bicycle Leadership Conference (BLC) in conjunction with the cycling festival through 2011…
Economy Hits Mid-Tier
Published reports last week indicated that Mervyn's, which operates about 175 stores in seven states, primarily California, may be forced to file for Chapter 11 bankruptcy protection as some of its vendors have halted shipments to the company and key
Conservation Alliance Elects Two Board Members
The Conservation Alliance membership elected Adam Chamberlain, director of marketing for Black Diamond Equipment, and Gareth Martins, director of marketing for Osprey Packs, to serve on its board of directors…
TJX Looking to Sell Bob’s Stores?
TJX Cos Inc., after long contemplating such a move, is looking to sell its Bob's Stores division, according to Bloomberg News. Potential buyers include Philadelphia-based private equity firm Versa Capital management, the business newswire said. TJX
Puma Gets Boost Across Regions
Puma's sales during the second quarter rose 6.3% to €577 million euros ($905.3 million) from €542.8 million ($852 million), and rose 11.2% on a currency-neutral basis, according to the quarterly report of its parent, PPR SA…
JJB Sports Posts 1.2% Q2 Comp Decline
JJB Sports said like-for-like sales in the 12 weeks ended July 20 were down 1.2% year-on-year. The sports retail and health clubs group, based in the U.K., said this consists of a 2% fall in its 409 retail stores and a 5.9% increase for its 49 health club
New Balance Partners with Nine West on Shoe Line
Nine West Group, a division of Jones Apparel Group, Inc. and New Balance announced that they have entered into an agreement to license, create and distribute a fashion-lifestyle footwear collection. Terms of the agreement were not disclosed…
The Hero of Malden Mills to Debut Alpaca Line
Aaron Feuerstein LLC will debut a new line of alpaca athletic and fashion socks, hats and scarves under the brand Alpaca’s Finest at the Outdoor Retailer Summer Market in Salt Lake City next month. Feuerstein and son Daniel are positioning alpaca as supe
SportsOneSource Sees Growth Returning to Sport Footwear
The SportsOneSource Group expects to see the Sport Footwear business in the U.S. market grow in low-single-digits for 2008, according to statements made during the WSA Show in Las Vegas, NV. James Hartford, chief market analyst for the business informatio
High-end Bike Sales Boost Accell’s Sales and Margins
Accell Group N.V. said revenues grew by 11% and profits by 20% in the first half of 2008 due to sales of higher end bicycles and its acquisition of Ghost Mountainbikes. Revenues reached €306 million ($467.9mm), thanks to organic growth of 6%, down from 10
Running Footwear Category Definitions Shifting
For decades, performance running shoe makers have segmented their product lines into distinct categories, effectively divided between stability, cushioning and motion control. Today, however, market forces are blurring those traditional definitions as inn
West Marine Q2 Comps Slip
West Marine, Inc. reported sales reached $226.7 million for the fiscal second quarter, down 8.2 % from net sales of $247.1 million for the same period in 2007. Comparable store sales also declined 7.8% compared with the same period a year ago…
