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Under Armour Raises Guidance on Strong Direct Sales Growth

<p>According to Under Armour, direct-to-consumer sales outpaced total sales nearly fivefold, pushing up margins and profits despite continued declines of its footwear line. The strong performance prompted the company to up its guidance for 2011 revenue growt</p>

TravelChair Appoints New Rep Groups

<p>TravelChair said it has appointed to new rep groups. Frontier Group will handle TravelChair&#8217;s Northwest territory comprised of Washington, Oregon, AK, Idaho and Montana. The six-person Frontier Group, headed by principles John Morioka and Scott Oshm</p>

Gatorz Inc., Simo Holdings, Inc. Sign Merger Agreement

<p>Gatorz Inc. and Simo Holdings, Inc. have signed an agreement and plan of merger and reorganization. The transactions contemplated by the Merger Agreement constitute the second stage of a transaction, the terms of which were originally announced by Gatorz </p>

Fortune Brands Says Q1 Sales Exceeded Expectations

<p>Fortune Brands, Inc. raised the low end of its 2010 earnings estimate Tuesday citing first-quarter results that are substantially higher than the year-ago quarter. The company said its home products and distilled spirits brands drove the growth, but that </p>

Heely&#8217;s Outsources Sourcing in China

<p>Heelys, Inc. entered into a new sourcing agreement with TGB, a subsidiary of Anthony L &#038; S. The agreement will be effective on all orders beginning May 1, 2010 and allow Heelys to close their sourcing office in northern China&#8230;</p>

Shimano Sales Rise 11.4% in First Quarter

<p>Shimano Inc.&#039;s results for the first quarter indicate a quicker recovery in the bicycle business than the fishing business. The Japanese company&#039;s sales rose 11.4% to ¥50.2 billion ($553.7mm) in the first quarter ended March 31, 2010. However, w</p>

Iconix 1Q Profit Rises 58%

<p>Iconix Brand Group Inc. said first-quarter earnings rose 58%. The comapny also raised its outlook and announced it would acquire licensing rights to Snoopy, Charlie Brown and the rest of the &#8220;Peanuts&#8221; gang for $175 million in cash from E.W. Scripps Co&#8230;</p>

IMBA Raises Nearly $600K in One Week for Advocacy

<p>Just a week after launching the Public Lands Initative, the International Mountain Biking Association (IMBA) said companies have pledged $587,000 for the project. The money will be used to advocate for the industry through professional training sessions</p>

Consumers Identify Top Non-Negotiable Brands

<p>While larger brands can spend more marketing dollars to build brand awareness and fuel sales growth, consumers have shifted their allegiance to smaller brands and new categories like toning at a high rate over the last year&#8230;</p>

Hanesbrands Swings to Profit in First Quarter

<p>Hanesbrands, Inc., which owns Champion and Duofold, said that despite the affects of the recession, the company continually invested in its brands as well as the company&#8217;s supply chain&#8230;</p>