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OIF Sponsors ‘Get Fit with US’ Event

Outdoor Industry Foundation is the lead sponsor of the first Get Fit With US event to take place in St. Paul, Minnesota on June 5, 2004. The event, which coincides with National Trails Day, will launch an initiative developed by federal agencies t

Garmin Reports 28% First Quarter Sales Increase

Garmin's revenue for Q1 2004 increased 28% to $158.3 million from $123.8 million last year. Net income was $34.7 million, or 32 cents diluted EPS, compared to $41.5 million or 38 cents diluted EPS last year. Q1 net income included a $7.6 million fo

Puma Continues Rally with 65% Q1 Earnings Growth

PUMA AG has kicked off another strong year, posting a consolidated net sales increase of 29.3% to €443.8 million ($554.4 mm) versus €343.2 million ($368.2 mm) last year. On a currency-neutral basis, sales were up 33.2%. Net earnings were up 64.6% to €80.4

Luxottica Q1 Sales Rise 7.9%

Luxottica Group S.p.A. announced results for the quarter ended March 31, 2004. Net sales for the quarter improved by 7.9% to €760.4 million ($949.9 mm). Operating income for the quarter improved 7.9% to €120.1 million ($150.0 mm). Consequently, the operat

PUMA Launching Bodywear Line in U.S.

PUMA North America has launched of a new collection of bodywear designed and manufactured by Schiesser Lifestyle to be sold through their exclusive U.S. distributor, United Legwear & Bodywear…

GSI Commerce Hires Human Resources Chief

GSI Commerce, Inc. has hired James Flanagan, 43, to the newly created post of senior vice president of Human Resources. Flanagan, an HR executive with more than 18 years' experience, will report to Michael Rubin, chairman and CEO of the company…

Puma Market Cap Breaks the $4.0 Billion Mark…

PUMA AG rode the market even higher last week, with company shares more than doubling in the past year. Shares peaked last week at €212.70 before closing at €210.90, up 6.8% for the week and up more than 46% since the first of the year. The company’s m

Emu Expands U.S. Presence

EMU Australia has added Michael Fischer and Tiana Phillips to the EMU North American team. In his new role, Fischer will serve as the customer service and product line manager and will assist with product development and design for footwear, accessories a

InterBike Helps Fund Industry Associations

As the cycling season begins to heat up, Interbike is pleased to announce its advocacy and association support
program for 2004, an annual effort that provides necessary funding for a broad collection of advocacy and industry organizations at the local an

CLC Releases YTD School and Licensee Rankings

The Collegiate Licensing Company (CLC) announced the top-selling CLC member institutions and manufacturers for the fiscal year-to-date period July 1, 2003, through March 31, 2004. The top five schools, in ranked order were Michigan, North Carolina, Notre

Gander Mountain Opens on Nasdaq Priced at $16 a Share

Gander Mountain Company has announced the pricing of its initial public offering of 5,725,000 shares of its common stock at a price of $16.00 per share. In addition, Gander Mountain has granted the underwriters a 30-day option to purchase up to an additi

NSGA Participation Numbers Paint a Different Picture

In spite of a 3% decline, exercise walking, remains the No. 1 participation activity surveyed by the National Sporting Goods Association (NSGA), a position it has held for more than a decade. Data contained in NSGA’s annual “Sports Participation – Series