Indian Company to Bail Out Germany’s Top Domestic Bike Manufacturer
Germany largest domestic bike manufacturer reported it may have lose €15 million in 2013 after underestimating inventory costs, but also disclosed it was in final negotiations to raise an equal sum by selling shares to its counterpart in India…
Shoe Carnival Profit Falls; Outlook Weak
Shoe Carnival reported fourth-quarter earnings fell 81.4 percent to $598,000, or 3 cents a share, as snowy conditions led to declining traffic throughout most of December and January. The family footwear chain also provided first-quarter guidance that tra
Nike’s Q3 Impresses; FX Headwinds Cloud Outlook
With both its basketball and running segments clicking, Nike Inc. seems to have few challenges these days driving demand for its products. But even the sporting goods giant can’t do much about currency fluctuations. The company delivered third-quart
Oboz Footwear Appoints Marketing Coordinator
Oboz announced that Josh Wise has joined the company as its new marketing coordinator and graphic designer, effective Mar. 13…
Yakima Working to Halt Gray Market Sales to Costco
Yakima assured its authorized dealers Thursday that it was working with an international distributor to halt sales of two unauthorized Yakima SKUs by Costco Wholesale Corp. Costco sourced the products through one of Yakima's international distributor
Shoe Carnival’s Q4 Profits Plunge
Shoe Carnival, Inc. reported profits fell 81.4 percent in the fourth quarter, to $598,000, or 3 cents a share, from $3.2 million, or 13 cents, a year ago. Comparable store sales for the 13-week period ended Feb. 1 decreased 2.5 percent as unfavorable weat
OIA Opens Registration for Capitol Summit
Outdoor Industry Association announced registration is now open for the 21st annual Capitol Summit on April 8-9, 2014. The event brings together outdoor industry executives in Washington, D.C. to represent their businesses and to lobby members of Congress
Howler Brothers Names Wittenbraker CMO
Howler Brothers, an outdoor apparel startup in Austin, Texas, has named former Yeti Cooler marketing chief Rick Wittenbraker as its chief marketing officer…
Nike’s Q3 Exceeds Street Targets, Futures Ahead 14 Percent
Nike Inc. reported earnings rose 3.5 percent in the third quarter, to $685 million, or 76 cents a share. Revenues advanced 12.7 percent to $6.97 billion. Both earnings and revenues surpassed Wall Street targets. Nike Brand revenues grew globally 14 percen
Lululemon Launches After-Workout Collection
Lululemon has launched a new line of casual clothes for outside the yoga studio that includes sundresses, pants and tank tops. The collection, called “&Go,” targets women who are “out the door at daybreak and moving until midnight,” Lululemon states on it
DSW Sees Challenging 2014 Amid Omni-Channel Push
DSW reported fourth-quarter earnings, adjusted to exclude non-recurring items, slid 8.6 percent to $28.7 million, or 31 cents, on flat comparable-store sales. But it also delivered a cautious 2014 outlook, in part due to an “aggressive” push t
Wolverine Brand Appoints Lifestyle and Heritage Manager
Wolverine World Wide Inc. has hired Martin Shobo as the global product line manager for the Wolverine brand’s Lifestyle and Heritage product categories, where he will oversee development and strategic direction for the Wolverine 1000 Mile and No. 1
Cudas Footwear Expands Media Push
Cudas Footwear, the maker of water shoes and sandals, has expanded its media buys for spring and summer…
Academy Sports to Open First Doors in Indiana and Kentucky
Academy Sports + Outdoors announced its continued Midwestern expansion with plans to open four new stores across Indiana and Kentucky later this fall. The first two locations – Evansville, Indiana and Owensboro, Kentucky will mark Academy's entry int
Outdoor Brands Dominate Adweek List
Outdoor specialty brands took a third of the spots in a short list of brands that still offer lifetime warranties. The short list was published as a sidebar to the cover story for the March 17 edition of the newspaper titled “For Some Retail Brands, Lifet
