CODI CEO Expects Consumer Businesses to Grow FY15 Earnings Despite Q1 Decline
Compass Group Diversified Holdings Inc. joined a growing number of companies that insisted their sporting goods businesses to deliver earnings growth this year despite lower than expected first quarter results…
Fitbit Files for Initial Public Offering
Fitbit, the fitness tracker, has filed for an initial public offering of up to a $100 million. The company will trade on the NYSE under the ticker FIT…
Foot Locker Foundation Unveils Recipients of Scholar Athletes Program
Foot Locker Foundation, Inc., the charitable arm of Foot Locker, Inc., announced the 20 recipients of the Foot Locker Scholar Athletes Program. Each student will receive $20,000 in college scholarships, totaling $400,000…
Scarpa Realigns Sales Rep Structure
Scarpa North America added two new teams to its sales force and realigned the boundaries of three of its sales territories to support growth in the rock shoe and climbing categories…
DSW Recognized for Omni-Channel Efforts
DSW Inc. received the “Best Omni-Channel Experience Award” at the eBay Enterprise's Annual Imagine Commerce Conference held in Las Vegas, NV…
Eastland Shoe Appoints VP of Sales
Eastland Shoe Corp., a Maine-based company producing hand-crafted footwear since 1955, appointed Danny Livingston as its new vice president of sales…
Fox Factory Cycling Sales Up 5.7 Percent in First Quarter
Fox Factory Holding Corp. reported its sales of suspension products and other bicycling components grew 5.7 percent in the fiscal first quarter ended March 31 compared with a year earlier…
Keen Names Leaders for Utility and Kids Businesses
Keen said it has hired seasoned footwear veteran Chris Heffernan as general manager of Keen Utility and promoted Erin Simons to unit director at its Kid's business…
RYU Apparel Names Former Polartec Exec to Key Post
RYU Apparel Inc. has named Polartec veteran Treya Klassen Vice President of Product and Brand…
Perry Ellis Redeems Debt
Perry Ellis International, Inc. has completed the redemption of $100 million of its 7.875 percent senior subordinated notes…
Gene McCarthy Out at Merrell
Wolverine World Wide Inc. confirmed that Gene McCarthy, Merrell brand’s president since August 2013, has left the company, effective May. 4. Jim Gabel, president of Wolverine’s Performance Group, has assumed day-to-day leadership of the brand.
CamelBak’s First Quarter Sales Hurt by Port Delays
CamelBak's net sales declined 4.8 percent in the three months ended March 31, due in part to shipments being delayed at West Coast ports, according to financial results released by Compass Diversified Holdings, Inc…
Sturm, Ruger Q1 Slumps, Outlook Brightens
Sturm, Ruger & Co. reported earnings slid 36.3 percent in the first quarter, to $15.5 million, or 81 cents a share. But earnings came in better than Wall Street's consensus estimate of 65 cents and management indicated underlying demand for firearms
Spy Inc. Q1 Sales Flat After Currency Impacts
Spy Inc. reported first quarter sales dipped 0.7 percent to $9.1 million, but that sales of its sunglasses, goggles and prescription frames would have grown substantially if not for the shift in exchange rates…
Puma Cuts 2015 Guidance On Strong U.S. Dollar
Puma reported first-quarter profits fell 30 percent despite a 13 percent revenue gain. Sales grew 4.4 percent on currency-neutral terms. The company said its profit would be lower than expected in 2015 after the strong U.S. dollar hit its first-quarter ea
