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Nike to Increase Sales by 40% by 2015

In its first analyst meeting in three years, Nike announced plans to increase sales by 40% to $27 billion by 2015. In its full fiscal year ended May 31, 2009, its sales were $19.2 billion. Significant growth is expected to come from foreign markets, appar

West Marine Narrows Q1 Loss

West Marine, Inc. said a recovery in demand for high-ticket items like boats, motors and electronics propelled sales 8.5% to $109.6 million in the first quarter…

Sean John to be Sold Exclusively at Macy’s

Sean John, the contemporary fashion sportswear company, and Macy's, Inc., announced they have reached an agreement under which Macy's will be the exclusive U.S. department store retailer for the Sean John men's sportswear collection beginni

Golfsmith Q1 Sales Dip 2%

Golfsmith International Holdings, Inc. reported sales dipped 1.7% in the first quarter to $67.6 million compared to net revenues of $68.8 million for the first quarter of fiscal 2009. Net revenues reflect a 1.0% decrease in comparable store sales and a 13

Intrawest Refinances Debt

Ski resort operator Intrawest has reached a deal to refinance its corporate debt, apparently staving off a bid by lenders to auction off the company's assets…

Garmin’s Q1 Outdoor/Fitness Sales Jump 28%

Garmin Ltd. said sales of its outdoor/fitness segment rose 28% to $103 million, but that total revenues declined 1% in the first quarter ended March 27, 2010, due to poor sales in its larger auto/mobile segment…

Volcom Sees Q1 Profit on Surge in Men’s Sales

While executives at Volcom are optimistic about the company’s stellar first quarter numbers, skepticism remains with regard to the overall state of the economy and how it will carry over into the second quarter — and the remainder of fiscal 2010. R

Yakima Expands Cycling Sponsorships

Yakima is expanding its sponsorship of cycling under its new owners, starting with the Tour of California May 16 – 23, 2010. The company will maintain its support of Bikes Belong, the International Mountain Bike Association, including the IMBA World Summi