Under Armour Raises Guidance on Strong Direct Sales Growth
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
Gatorz Inc., Simo Holdings, Inc. Sign Merger Agreement
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
Osprey Packs Releases 2009 Sustainability Report
Osprey Packs, Inc. issued its 2009 Sustainability Report laying out its efforts to reduce its environmental footprint and use fair labor practices…
Columbia First Quarter Driven by Owned Retail; Backlog Jumps 20%
Columbia Sportswear Company posted a strong first quarter with solid gains in sales, gross margin, net income, and backlogs…
VF Corp. Buys Stake in UK’s Blacks Leisure
VF Corp. acquired a stake in U.K. outdoor retailer Blacks Leisure in a move that seems to be designed to block any future bid by Sports Direct…
Deckers Outdoor Blows Past Q1 Estimates as Teva Rebounds
Driven by double-digit growth at both UGG and Teva, Deckers Outdoor Corp.'s profits jumped in the first quarter on a 16.2% revenue gain…
Accell Remains Upbeat for 2010
Accell Group is looking towards 2010 with an optimistic eye. In the company’s annual shareholders meeting, the group announced its forecast for increased turnover and profit gains for the remainder of the fiscal year…
Warrior Sports Appoints KLONE LAB as Sandal Licensee
Warrior Sports will team with KLONE LAB, LLC as its U.S. licensing partner for sandals and slides. KLONE LAB holds the sandals license for Warrior Sports' parent, New Balance…
Coalition Kicks Off First National Outdoor Youth Summit and Festival
On the heels of American's Great Outdoor initiative launched by President Obama and in celebration of Earth Day 2010; Outdoor Foundation announced 'Outdoor Nation Youth Summit and Festival' presented by The North Face, in partnership with B
SGMA Discusses Rule Changes with NCAA and NFHS
On Wednesday, April 21 in Indianapolis, nearly 70 sporting goods industry executives from more than 35 different sporting goods companies met with the leadership of SGMA, NCAA, and the National Federation of State High School Associations (NFHS) to discus
Rocky Narrows Loss in Q1; Topline Up 12% on Wholesale Sales, Military
Rocky Brands, Inc. said net sales increased 12.0% for the first quarter ended March 31, 2010 to $56.1 million versus net sales of $50.1 million in the first quarter of 2009…
Dregs Distribution Appoints VP Marketing/Brand Management
Kurt Hurley, former national sales manager and designer for Select Distribution, has been appointed as the new Vice President of marketing and brand management at Dregs Distribution. He will be responsible for building and marketing the Dregs Longboards L
Cybex Posts Q1 Loss as Sales Dip 10%
Cybex International, Inc., the manufacturer of exercise equipment, reported sales for the first quarter of 2010 decreased by 10% to $26.1 million compared to $28.9 million for the corresponding 2009 period. The company reported a net loss for the first qu
New Healthcare Bill Stirs Industry Debate
With its potential negative impact on small business, the sporting goods industry seems deeply troubled about the nation's healthcare insurance overhaul…
Genesco Eyes Robust Growth for New Lids Concepts
Capitalizing on the lessons learned from expanding the Lids licensed caps chain as well as that chain's scale, Genesco Inc. last week detailed its heady expansion possibilities for its two recent acquisitions, Sports Fanatic and Impact Sports…
