European Outdoor Brands Grew Shipments in 2014
Manufacturer sales of outdoor products grew by 1.2 percent in value and 1.4 percent in volume in Europe last year, reaching €4.83 billion ($6.4 bn), or an estimated €10.2 billion ($13.6 bn) at retail, according to estimates released July 16 by
New Balance Seeks Louder Voice
New Balance recently launched “Always in Beta,” its first global campaign, including its first television commercials in about four years. Reaching across 70 countries, the youth-oriented campaign is expected to be twice as large as any in the
Fitbit Nets Bullish Initiation Reports from Wall Street
With the quiet period following its June IPO lifted, a number of Wall Street firms sent out bullish reports on Fitbit, which has already more than doubled since going public on June 18. Four of the nine investment banks – Deutsche Bank, Stifel, SunTrust R
Garmin’s SideVü Redesign Could Signal Victory for Johnson Outdoor
Garmin International Inc. acknowledged July 13 that it is working on a second generation of its SideVü sonar powered fish finders that will eradicate patent claims by rival Johnson Outdoors Inc. The disclosure could signal that Garmin anticipates defeat i
Crocs Tops Amazon Prime Day Sales in Germany and Austria
Crocs sandals were the top selling non-Amazon product sold on Amazon.com in Germany and Austria during Amazon's Prime Day sale Wednesday…
Polar Bottle Joins Bike Cooperative
The Bike Cooperative has added insulated water bottle innovators Polar Bottle to its growing network of supplier partners…
Under Armour Appoints President Of Global Sports Categories
Under Armour announced that Terdema L. Ussery II, former president and CEO of the Dallas Mavericks, will come on as president, global sports categories, effective September 14…
Aquafil Supplying Outerknown Nylon Recycled from Fish Nets
The Italian textile company Aquafil disclosed that it is supplying nylon recycled from reclaimed fish nets to Outerknown, a menswear apparel brand launched July 15 by 11-time World Champion surfer Kelly Slater…
New Accelerator to Focus on Modernizing the Retail Experience
Parsons School of Design, Harvard’s i-lab and global management consulting firm Kurt Salmon are joining forces to create XRC Labs, a New York-based accelerator that will focus on modernizing the retail and consumer goods industry…
Garmin Lowers Fiscal Q2 Guidance, Cites Currency and Fitness Headwinds
Garmin Ltd. expects to report lower sales and margins for the fiscal second quarter ended June 27 due to currency headwinds and growing discounting in the rapidly growing fitness sector where its Vivosmart fitness tracker competes for shelf space with the
Ebay Records Goodwill Impairment Charge for Ebay Enterprise
Based on expected sales proceeds, Ebay recorded an impairment of goodwill at Ebay Enterprise in the amount of approximately $786 million…
Sports Direct Fiscal 2015 Sales Surpass $4.5 Billion
Sports Direct International plc of the United Kingdom reported group revenue increased by 4.7 percent to £2.83 billion, or approximately $4.53 billion, in the fiscal year ended April 26, thanks primarily to growth at its Sports Retail division…
Jarden Corp. Updates Q2 Guidance
Jarden Corp reported preliminary results for the second quarter indicate organic growth will exceed the company's targeted range of 3-5 percent. Adjusted earnings per share are expected to be in line with Wall Street consensus…
Snikwah UPF 50 Sponsors Girl’s Surfing Event
Snikwah UPF 50 performance has been named the official shirt of the 2015 SuperGirl Jam Series WSL Pro, the world's largest surfing competition…
Kappa Stores Comps up Sharply in Mainland China
China Dongxiang Group Co. Ltd. reported same-store sales at its Kappa brand stores in the People's Republic of China increased 21.5 percent in the second quarter…
