Fleet Feet’s Comps Jump 8.4% in First Half
Fleet Feet, Inc. reported that it continues to experience double-digit growth despite the poor economy. Sales in the first half grew 12% to $47.3 million. June has been the strongest month year-to-date with an increase of 14.1% over 2008. Comparative stor
Descente Posts Net Loss in Fiscal Q1 as Revenues Slide 10%
Descente Ltd. posted a 9.9% decrease in revenues for the fiscal first quarter. Total consolidated worldwide revenues were ¥15.26 billion ($157 mm) for the fiscal quarter ended June 30, compared to ¥16.94 billion ($162 mm) in the year-ago quarter…
Daiwa Seiko Fiscal Q1 Revenues and Profits Sink Double-Digits
Daiwa Seiko Inc. saw fiscal first quarter revenues decline 12.6% to ¥16.56 billion ($170 mm) for the period ended June 30, compared to ¥18.94 billion ($181 mm) in the year-ago quarter. Operating income fell 32.3% to ¥1.38 billion ($14 mm) for the quarter
Sport Footwear Gives Back Q1 Gains in Q2
The euphoria the sport footwear market experienced in the first quarter very quickly dissipated in the second quarter as the market struggled against the headwinds created by a difficult economy, cooler and wetter weather and tough comparisons to last yea
Yonex Fiscal Q1 Net Income Falls on Revenue Dip
Yonex Company Ltd fiscal first quarter revenues dipped 3.0% to ¥8.93 billion ($92 mm) for the three-month period ended June 30 from ¥9.21 billion ($88 mm) in the year-ago quarter. Net income plummeted 71.2% to ¥121 million ($1 mm) versus ¥421 billion ($4
Cordura Launches Cordura Cares Program
Invista's Cordura brand team recently launched a new sustainability platform: the Cordura Cares program. The program consists of three “pillars” – Sustainable Performance, Enduring Materials, and Corporate Responsibility. The most tangible aspect of
Millet to Launch Rope Recycling Program
Millet has teamed up with Rhodia, a polyamide recycling company, to develop a system for recovering and re-using polyamide waste. Consumers are asked to return used ropes to retailers in exchange for a discount on a new Millet rope…
Otis Technology, Inc. Partners with New Representative Agencies
Otis Technology, Inc., a manufacturer of gun cleaning systems, announced the partnership of two new Sales Representative Agencies. Ken Jefferies & Associates, (KJA) has partnered with Otis to support the South East region. Sportco Marketing, Inc. has part
New Era Cap Acquires 5th and Ocean
New Era Cap Co., Inc. has acquired 5th & Ocean, the privately held licensed sports apparel manufacturer in Miami best known for its women's styles. The acquisition is expected to help New Era further expand into sports and fashion apparel. Terms were
Phoenix Footwear Widens Q2 Loss
Phoenix Footwear Group reported a net loss of $5.11 million, or 63 cents per share, for the second quarter ended July 4, 2009, compared to $2.16 million, 26 cents per share, in the second quarter of fiscal 2008…
Study: Excessive Exercise Can Be Addicting
A new study from researchers at Tufts University finds that while exercise is good for your health, extreme exercise may be physically addicting…
Golf and Rugby May Make 2016 Olympics
The International Olympic Committee's executive board recommended that golf and rugby sevens be added to the 2016 Olympics. IOC members will vote at Copenhagen, Denmark in October on whether or not to uphold the proposal put by the board to approve g
Recall: Nautilus Dip Machines
Nautilus Inc. is recalling about 400 F3 Chin Dip Stationary Exercise units because they pose a fall hazard to users. According to the U.S. Consumer Product Safety Commission and Nautilus, the footpads on the units can break, creating the hazard…
SwimWays Named a Walmart ‘Supplier of the Year’
SwimWays, a leading manufacturer of pool and outdoor recreational products, has been named a 2008 Walmart “Supplier of the Year.”
Millet to Launch Rope Recycling Program
Millet has teamed up with the polyamide recycling company, Rhodia to develop a system for recovering and re-using polyamide waste. Consumers are asked to return used ropes to retailers in exchange for a discount on a new Millet rope. Any brand of rope
