Timberland reported revenue in the first quarter grew 1.2% to $340.4 million as foreign exchange rate changes, strong gains in SmartWool products and Timberland PRO series footwear and moderate growth in Timberland casual footwear offset declines in boots
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Next Inc. Partners with GSI Commerce
Next Inc., which owns several sports licensing businesses, announced that it has signed a new merchandising agreement with GSI Commerce. The company has expanded its distribution to include e-commerce to include www.campustraditionsusa.com, www.rpmsportsu
Garmin Sees 16% Gain in Outdoor/Fitness
Garmin Ltd. reported revenues in the Outdoor/Fitness segment increased 16% to $71 million in the first quarter. Overall, total revenues in the first quarter were $664 million, up 35% from $492 million in first quarter of 2007…
West Marine Q1 Net Loss Grows
West Marine, Inc. saw net sales for the first quarter ending March 29, 2008 total $113.3 million, decreasing 9.9% from net sales of $125.8 million last year. Comparable store sales decreased 9.4% compared to the year-ago quarter. Pre-tax net loss for the
Dorel’s Bike Division Reports 54.9% Q1 Sales Increase
Dorel Industries Inc. said total revenue rose 54.9% at its Recreational/Leisure division to $136 million for the first quarter ended March 31. Gross profits and earnings from operations at the division more than doubled. While newly acquired Cannondale Bi
Forest Service Awards Grants to Get Kids Outdoors
The U.S. Forest Service has awarded a half-million dollars in matching funds to get more kids outside and connecting with nature. The awards plus matching funds by partners will top $2 million. Partners in these projects represent schools, environmental a
REI Recognized by World Retail Congress
Recreational Equipment, Inc. was named the “Employer of the Year” at the 2008 World Retail Congress held in Barcelona, Spain earlier this month. The event draws global business leaders from more than 45 countries that discuss organizational successes and
The Amazing Andy Knapp Inducted into Hall of Fame
Andy Knapp, an amazing outdoorsman, veteran buyer for Midwest Mountaineering and cancer survivor, has been inducted into the Midwest Mountaineering Minnesota Adventurers and Explorers Hall of Fame. In the last 46 years, he has traveled more than 156,000 m
VF Corp Remains Bullish in Face of Tough Economy…
VF Corp. said it was sticking with its guidance for 2008 after an “exceptionally strong performance” by its outdoor coalition of brands and solid growth of its international and retail business in the first quarter…
Columbia Sportswear Beats Q1 Estimates, but Backlog and Europe Disappoint…
Columbia Sportswear Co. saw a small increase in first quarter revenues due primarily from benefits from the weaker U.S. dollar, but there were no such benefits for the bottom line as net income slid nearly 24% for the period versus the prior-year quarter.
Skechers USA Gains in Q1 Driven by International…
The star for Skechers USA Inc. during Q1 was its international segment, which generated high double-digit growth. But the company was also pleased with the 3.5% growth in domestic wholesale net sales despite the soft retail climate. Skecher's key li
Oakley’s Q1 Sales Up 15%; Sporting Goods Down…
Luxottica Group said Oakley's Q1 revenues jumped 15%, with double-digit revenue growth in optics and apparel, footwear and accessories businesses. Oakley, which was acquired by Luxottica last year, was led by its O Store retail comps climbing close t
Cybex Posts 15% Q1 Sales Gain; Sees Order Slowdown…
Cybex International Inc. reported Q1 sales climbed 15% to $38.8 million. Cardio equipment increased 13% to $20.2 million, strength equipment grew 18% to $16.1 million, and the other category – primarily freight and parts – was up 8% to $3.5 million. Both
Puma’s U.S. Sales Decline in Q1…
Pinault-Printemps-Redoute (PPR) said Puma's sales rose 6.6% in the first quarter ended March 31, to 673 million euros ($1.07 billion). However, sales fell in the Americas due to weakness in the U.S. mall-based business and in footwear…
Reebok Partners with PrepChamps
Reebok International and PrepChamps , an online social recruiting community for high school sports, announce a strategic partnership to power online event registration and recruiting profiles for over 4,000 of the nation's top high school basketball
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