Volcom Revenues Increase 23% in Q3
For the 2008 third quarter ended Sept. 30, 2008, Volcom, Inc. had total consolidated revenue increase 23% to $111.7 million, compared with $91.0 million in the third quarter of 2007. Total revenue in the company’s U.S. segment, which includes revenue from
Skechers USA Lowers Q4 Guidance on Weakening
Although international remains a strong spot for Skechers USA, weakening sales in the U.S. prompted the company to lower its fourth quarter guidance. SKX now expects fourth quarter sales in the range of $305 million to $320 million, and EPS in a range of
GSI Sells More, but Doubles Loss
Despite anemic September sales and the bankruptcy of a top 10 client, GSI Commerce, Inc. reported that net revenues increased 36.1% to $186.8 million for third quarter from $137.3 million in Q3 last year. Much of the revenue gain came from an 84% increase
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Columbia Sportswear Company said net sales declined 4% in the third quarter as retailers cut their orders for the holiday season. The company said wholesale sales declined in the high-single-digits but were partially offset by a doubling of retail sales thanks to the opening of 11 of its own outlet stores through September. COLM reduced […]
Paddlesports Trade Show Talk Heats Up
Talk of creating a stand-alone paddlesports trade show apart from the Outdoor Retailer Summer Market is picking up steam as the industry prepares to merge its two largest trade organizations, TAPS and PIA. The idea has been building over the last two year
Brunswick Names New VP of Corporate and Investor Relations
Brunswick Corporation has named Bruce J. Byots as vice president of corporate and investor relations. Byots will report to Peter B. Hamilton, SVP and CFO…
DAC Tent Poles use Sustainable Manufacturing Processes
At this past Outdoor Retailer Winter Market show, dozens of companies proudly proclaimed their first steps on the path to environmental sustainability. For Jake Lah, founder and president of tent pole maker DAC, that journey began almost 6,000 miles away
VF Corp. Slashes Fourth Quarter Outlook
VF Corp. had a solid third quarter, driven by continued momentum in its outdoor coalition, a strong contribution from its new contemporary brands coalition, and the continued expansion of its own retail network. But the brand consolidator sharply cut its
Hawk Buys a Birdhouse
Professional skateboarder Tony Hawk has acquired all interest in the Birdhouse Skateboards brand from Blitz Distribution, Inc. after an agreement with business partner of 15 years Per Welinder, a former professional skateboarder with Powell Skateboards…
Johnson Outdoors Modifies Credit Agreements
Johnson Outdoors Inc. has entered into a short-term, interim agreement which modifies provisions of the company's existing debt agreements dated Oct. 7, 2005 and Feb. 12, 2008…
Bushnell to Acquire Ultroptic S.A.
Bushnell signed a definitive agreement to acquire Ultroptic S.A of Barcelona, Spain via the Bushnell wholly-owned subsidiary Bushnell Outdoor Products SAS. Ultroptics is currently a Bushnell distributor and handles the full line of Bollé and Serengeti eye
The SportsOneSource Debate: The Election…
Turns out our industry is about as divided as the rest of the country around which Presidential candidate is best qualified to steward our country. Late last week, SportsOneSource queried subscribers asking how the election of John McCain or Barack Obama
Bush Signs Bill Encouraging Bike Commuting
Employers may begin reimbursing employees tax-free for bike commuting costs starting Jan. 1, 2009 under a bill signed by President Bush Oct. 3. After seven years of legislative proposals, the bicycle commuter tax benefit has finally become law. The benefi
Sport-Haley Reports Q4 Sales Down 7%
Sport-Haley, Inc., manufacturer of men's and women's fashion and golf apparel, reported net income of $10,000 for the fourth quarter of its fiscal year ended June 30, 2008, or 0 cents per share, as compared with net loss of $515,000, or 23 cents
Foot Locker Sued Over Gift-Card Policy
A New Jersey man sued Foot Locker over the store's gift card policies, charging in court papers that they violate New Jersey's consumer laws. In a lawsuit filed in late August in Middlesex County, Sayreville resident Joseph Vona claims that Foot
