Dorel’s Bike Business Jumps on Cannondale Acquisition
Dorel Industries Inc. reported that company-wide net revenues rose 29.3% to $593.7 million from $459.0 million for the same period a year ago. Net income for the second quarter ended June 30 was $31.3 million or 94 cents per diluted share compared to $10.
Grabber and RopeLok Partner
Grabber has inked an exclusive distribution partnership with RopeLok, the manufacturer of the No Knot RopeLok, a tie-down product with lever locking technology that eliminates the need for tying knots…
Visitor Numbers Up for 3rd Asia Outdoor Show
The third annual Asia Outdoor trade show concluded on August 2nd after hosting nearly 9400 visitors, over 14% more than last year's show. Visitor numbers for the trade show were also up despite visa restrictions amidst the run-up to the 2008 Beijing
The North Face to Open Atlanta Store
The North Face plans to open its Atlanta store on Aug. 15. The 6,000-square-foot store in Buckhead is the company's 22nd retail location. It incorporates The North Face updated retail design, which features oversized graphics, concrete floors, wood a
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…
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…
