North American sales of e-bicycles are expected to grow at a compound annual growth rate (CAGR) of 22 percent over the next six years, according to a report from Pike Research. That three times the rate forecast for the global market which could reach…
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Nike Profit Tops Analysts’ Estimates as North America Sales Gain
Nike, Inc. reported earnings rose 7.4 percent to $560 million, or $1.20 a share, as continued strong top-line growth and SG&A expense leverage more than offset the impact of a lower gross margin and a higher effective tax rate. Revenues jumped 15.1 percen
American Rec Names New Territory Sales Manager
American Rec has added outdoor industry veteran Dan Eubank to their inside team of dedicated territory sales managers tasked with assisting current Kelty, Sierra Designs, Slumberjack, Wenzel, and Ultimate Direction clients and opening new accounts through
Amer Sports Issues Nearly $200 Million in Bonds
Amer Sports Corporation, which owns the Salomon, Wilson, Atomic, Arc'teryx, Precor, Suunto and Mavic brands, raised €150 million ($197 mm) by issuing two euro denominated bonds, which will be redeemable in 2014 and 2016…
Quiksilver Q1 Revenues in Americas Grow 6 Percent
Quiksilver, Inc. reported revenues grew 5 percent in the first quarter ended Jan. 31, to $449.6 million as compared to $426.5 million in the first quarter of fiscal 2011, or 6 percent in currency neutral terms. The company earned pro-forma adjusted EBITD
American Rec Obtains National Geographic Outdoor Gear License
National Geographic, the nonprofit scientific and educational organization, has selected Boulder, CO-based American Rec and its wholly owned subsidiary Canadian Recreation Products as its primary outdoor gear licensee under its National Geographic and Nat
Volkswagen of America Signs on as Title Sponsor of Sea Otter Classic
Volkswagen of America, Inc. has signed on as title sponsor of the Sea Otter Classic, North America's largest cycling festival. The event, which takes place April 19-22 at Laguna Seca Recreation Area near Monterey, CA, is now the Volkswagen Sea Otter
Triathlon America Offers Retailer Certifications
Triathlon America, an industry organization dedicated to promoting the sport and the business of triathlon, is offering a first-of-its-kind certification program for triathlon specialty retail stores. The Triathlon America Certified Retailer program is de
Latin America Fuels Double-Digit Q4 Growth for Puma
Puma reported earnings more than doubled in the fourth quarter as currency-neutral sales grew 15.8 percent. For the full year, Puma, controlled by French luxury goods group PPR, accomplished its goal of reaching €3 billion ($3.96 bn) in revenues. Ea
Mizuno’s Americas Business Powers Growth
Mizuno reported revenues rose 3.2 percent to ¥114.9 billion ($1.5 bn) in the nine months ended Dec. 31, 2011. In currency neutral terms, revenues rose 5.2 percent to ¥5.8 billion thanks to a strong double-digit performance in the Americas. Footwear and ap
Trimera Expanding Seamless Knitting Capacity in North America
Trimera Group said it will launch development and production centers in Montreal and North Carolina next month focused on domestic production and development. Both facilities will offer state of the art design centers for on-site development, as well as t
NOLS to Lead African American Team up Denali
The National Outdoor Leadership School (NOLS) said it intends to accomplish run the first predominantly African American expedition on Denali, the highest peak in North America in a bid to inspire African American youth to get outside, get active and beco
Amer Sports Turns in Solid 2011 Performance Despite Disappointing Fourth Quarter
Amer Sports boosted sales by 8 percent and EBIT excluding non-recurring items by 26 percent in 2011 even as it continued to bulk up its softgoods and retail operations and move its Fitness segment back toward profitability. The gains came despite a disapp
Amer Sports Net Sales Down 5 Percent in Q4 on Weaker Winter Sports Sales
Amer Sports said net sales and EBIT rose 9 and 26 percent respectively to all-time highs in 2011 on the strength of footwear and winter sports. The gains came despite the late winter, which caused net sales at the Finnish sporting goods giant to slip 5 pe
Mountain Mama Lands Spot on Good Morning America
Mountain Mama was featured Friday on ABC’s Good Morning America in a segment highlighting how today's women are embracing a more active and healthy pregnancy…
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