Cabella’s Reports Credit Card Debt
Cabela’s Inc. said earnings slid 35.4% on a 16.6% rise in sales due largely to higher net charge offs of bad debt in its credit card business – a major source of profits for the retailer that is now masking improvements at it retail operations. Total reve
Under Armour Posts Strong Q2 Sales Growth
Under Armour closed its second quarter with sales above the year-ago period, while cluing analysts in to its plans for new product launches in the back half of this year and the first half of 2009. However, net income declined as a result of front-loaded
Finish Line Expands HQ
The Finish Line, Inc. plans to invest more than $34 million over the next five years to expand operations in Indianapolis. The company will add more than 180 jobs while expanding its 800,000-square-foot national distribution center and corporate headquart
Ritchey/Syncros Names Retail Sales Manager
Ritchey Design/Syncros USA announced the promotion of Nate Shaw, formerly with inside sales, to national retail sales manager. Under this new title, Shaw will manage three customer groups – retail direct, builder sales and grassroots team businesses.
Veltec Names New England Rep
Veltec Sports has appointed Andy Ewas to the position of outside sales representative for the New England territory, effective Aug. 15, 2008. exclusively markets Sidi in the US, and Colnago, Descente, Enervit, Shebeest and Vredestein in both the US and Ca
Hi-Tec Hires Hochwender as Regional Sales Manager
Hi-Tec has hired Dennis Hochwender as their western regional sales manager, managing the sales team from California to the Rockies. He brings with him an extensive expertise in the outdoor market stemming from ten years in retail and 19 years as sales man
Escalade Sports Sees Q2 Sales Fall on Weak Retail Sell-Through
Escalade, Inc. reported revenue for the second quarter dropped 9% to $45.8 million from $50.5 million a year ago. A net loss of $705,000, or 6 cents a share, compared to net income of $2.4 million, or 19 cents, in the prior year. Sporting Goods segment re
Group Licenses Kersh Brand for Sportswear
Fashion licensing agency InGroup Licensing today announced it has been named exclusive licensing agent for Kersh, the prominent Canadian fashion label focused on the young contemporary women’s market. In its new role, InGroup will work to bring the Kersh’
The Outdoor Foundation Launches ‘I Will’ Campaign
With the goal of proactively encouraging healthier children, healthier communities and healthier businesses, the Outdoor Foundation is launching its “I Will” campaign at this Outdoor Retailer Summer Market show…
Brooks Appoints Apparel Team Leader
Michelle Avé has been named to the new position of director of global apparel at Brooks Sports. Prior to joining Brooks, Avé held various positions at Reebok, most recently as senior global apparel product manager for running…
On the Upswing
Climbing gear gradually gets greener. Despite industry-wide efforts to embrace green operations in the last few years—such as incorporating organic materials into gear, switching to solar energy, purchasing carbon offsets and rethinking packaging—the clim
The Time is Now
The world is changing, and changing fast. The planet on which hiking and skiing and surfing makes sense is suddenly turning into a different planet. Not in our children’s time, not in our grandchildren’s time. In our time, right now. As we watch…
Saucony Launches Web Site
Saucony, Inc. announced the launch of its newly redesigned website, saucony.com. The updated digital platform is a significant piece of Saucony’s multi-faceted, offensive marketing strategy…
Internal Medicine Study Reports Runners Live Longer
The study “Reduced Disability and Mortality Among Aging Runners: A 21-Year Longitudinal Study” published Aug. 11, 2008 in the Archives of Internal Medicine announced that regular jogging in middle age may reduce people’s risk of disabilities and help them
Nike Names VP of Product
Nike, Inc. promoted Eric Sprunk to the newly created role of vice president for product…
