In light of the 2008 Beijing Games, the Sporting Goods Manufacturers Association (SGMA) has conducted and released studies gauging American interest of and participation in two of the country’s most popular activities-swimming and basketball. According to
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ITC Reaffirms Ruling Against Crocs
Crocs fell short yet again in its ongoing struggle to prevent other companies from importing footwear similar to its own foam designs. In another noteworthy setback for the firm, the U.S. International Trade Commission has reaffirmed an April ruling verif
Crocs Lays off 75
Crocs Inc. laid off 75 U.S. operations employees on Thursday, a move that Crocs spokeswoman Tia Matteson said was a “larger part of our efforts to reduce overall spending,” according to Boulder’s Daily Camera.
Prolink Names Senior VP
ProLink Solutions -a wholly-owned subsidiary of ProLink Holdings Corp. today announced Anthony Vitagliano has joined the company as Senior Vice President and General Counsel…
Outdoor Foundation Names Executive Director
The board of directors of The Outdoor Foundation announced the appointment of Christine Fanning as The Foundation’s new executive director…
SGMA Gauges Interest in Swimming, Basketball
In light of the 2008 Beijing Games, the Sporting Goods Manufacturers Association (SGMA) has conducted and released studies gauging American interest of and participation in two of the country’s most popular activities-swimming and basketball…
Crocs Lays Off 75
Crocs Inc. laid off 75 U.S. operations employees on Thursday, a move that Crocs spokeswoman Tia Matteson said was a “larger part of our efforts to reduce overall spending,” according to Boulder’s Daily Camera….
Puma Sees Q2 Sales Growth on Strength in All Categories
Puma’s brand sales, which include consolidated sales and license sales, reached €628.9 million ($983.2 mm) during Q2, a currency-adjusted increase of 5.4% or 1.1% in Euro terms. Consolidated sales grew 11.2% currency-adjusted, or 6.3% in Euro terms to €57
Under Armour Appoints Deering to Board
Under Armour, Inc. announced that Anthony “Tony” Deering, former chairman of the board and chief executive officer of The Rouse Company, has joined the company's board of directors. Deering is currently chairman of Exeter Capital, LLC, a private inve
Aldila Posts Q2 Loss on 23% Sales Decline
Aldila, Inc, reported sales dropped 23% to $13.6 million from $17.6 million. The golf company showed a net loss of $523,000, or 10 cents a share, against net income of $1.7 million, or 30 cents, a year ago…
Boscov’s Files for Bankruptcy
Boscov's Inc., the department-store chain based in Reading, PA, filed for Chapter 11 bankruptcy protection in Wilmington, Delaware, citing decreased consumer spending. The privately-held company will immediately close 10 of its 49 stores. The company
Adidas Q2 Earnings, Outlooks Rise
Adidas reported an 11.7% rise in second quarter net income thanks to strong sales in Asia and Latin America and raised its 2008 outlook accordingly. Net income rose to €116 million ($181 mm) from €104 million ($140 mm) a year earlier. Sales rose 5% to €2.
OR Seminar to Address Future Stewards of the Outdoors
Outdoor Industry Association (OIA) and The Conservation Alliance will present a seminar at OR Summer Market on the importance of developing the next stewards of the outdoors. The seminar, moderated by Steve Rendle, CEO of The North Face, will feature Larr
Hanesbrands, Inc. Sees Q2 Earnings Soar
Hanesbrands Inc. showed second quarter total net sales decrease 4.4% to $1.07 billion, mostly due to difficult retail conditions and later shipments of back-to-school product…
Garmin’s Outdoor/Fitness Q2 Revenues Jump 54%
Garmin Ltd. reported revenues in its Outdoor/Fitness segment revenue increased 54% to $119 million in the second quarter. The gains were largely due to the strength of product introductions in the quarter. Financial highlights from the second quarter incl
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