Ooofos Adds East Coast Rep
Ooofos, a leader in recovery footwear, welcomed Bryant T. Perkins as its new OOtech representative. He will be responsible for servicing retail accounts across the East Coast…
Kering: Puma Not For Sale
Francois-Henri Pinault, the CEO of Puma's parent Kering, ruled out a sale of Puma in an interview with Bloomberg Television. The financial press reported that Kering has been exploring a sale in December…
Wilson Introduces Customization Program
Wilson Sporting Goods Co. launched two new equipment customization platforms for Wilson Ball Gloves and DeMarini Bats that allows baseball and softball players to…
Puma Narrows Q4 Loss
Puma SE nearly broke even in the fourth quarter. Revenues grew 6.3 percent on a currency-neutral (c-n) basis, led by a 15.0 percent gain on a c-n basis in the Americas. Full-year results were in line with expectations and Puma expects c-n revenues to clim
Cascade Designs Relocating 100 Jobs to Reno to Lower Costs
Cascade Designs Inc. will move 100 distribution and low- end manufacturing jobs from Seattle to Reno, NV later this year in a bid to accommodate growth and avoid a more than $1 million hit under Seattle's new minimum wage ordinance…
Port Congestion Costs Millions in Sales and Jobs Could be Next
Two sporting goods companies warned their U.S. Senators last week they may have to cut back hours or lay off employees if management and labor can't find a way to speed up shipments through West Coast ports…
Vista Outdoor Shares Close up 8 Percent in First Week of Trading
Share prices in the U.S. sporting goods industry's newest publicly traded outdoor products company – Vista Outdoor Inc. – closed up nearly 8 percent in their first week of trading on the New York Stock Exchange…
Columbia Turns in Blockbuster Fourth Quarter
Columbia Sportswear turned in a stellar performance in the fourth quarter thanks to strong organic growth in the United States. Sales of Columbia-branded products grew by $100 million, while sales of Sorel footwear grew nearly 40 percent. Two thirds of th
Thule Turns in First Earnings Report Since November IPO
In its first earnings report since going public last fall, Thule Group AG reported sales from continuing operations grew 5.6 percent to SEK976 million ($131 mm) during the fourth quarter despite a sharp drop in snow chain sales in Europe…
Cabela’s Q4 Hit by Promotional Climate
Blaming a “wickedly competitive environment,” Cabela’s Inc. said aggressive discounting caused the hook & bullet chain to fall short of its earnings goals in the fourth quarter
VF Corp.’s Momentum Continues in Q4
VF Corp. reported impressive double-digit growth in the fourth quarter in its three growth engines: The North Face, Vans and Timberland. Driven again by its Outdoor & Action Sports Coalition, VF also forecast high-single digit growth on a currency-neutral
Walmart Introduces Assembled-in-America Bikes
Bicycle Corporation of America (BCA), part of Kent International Inc., revealed its bicycles, which are assembled in the U.S., are now available for sales at various Walmart locations nationwide and on Walmart.com…
Shimano Rode Resurgent Bike Market, Weak Yen in 2014
Shimano Corp. of Japan reported net sales increased 22.2 percent in 2014 thanks to a resurgent bicycle business, while profits grew twice as fast thanks to a weak yen…
Osprey To Expand Colorado Headquarters
Osprey Packs, Inc. expects to complete an expansion of its Colorado headquarters in the balk half of the year to accommodate a growing staff. The announcement comes as the pack maker prepares for the opening of its new distribution center in Ogden, UT…
Thule Group Says Exchange Rates Erased Q4 Growth
The Thule Group AG reported sales from continuing operations grew 5.6 percent to SEK 976 million ($131 mm) during the fourth quarter ended Dec. 31, but declined 3.3 percent in currency neutral (c-n) terms…
