Dillard’s, Inc. reported a 25 percent increase in second quarter earnings per share compared to the prior year. Net sales for the 13 weeks ended Aug. 3 were $1.48 billion. The company also saw a 1 percent increase in comparable store sales…
Tag: People
U.S. Electric Bike Sales Doubled in Year Ended July 31
During the year ended July 31, U.S. sales of electric bikes doubled from a year earlier, according to the just released 2013 edition of Electric Bike Reports Worldwide, which is produced by eCycleElectric International Consultants…
July Retail Sales Inched up 0.3 Percent
Sporting goods, hobby, book and music stores’ sales were up 1.0 percent seasonally-adjusted month-to-month and 3.9 percent unadjusted year-over-year, according to data released by the U.S. Department of Commerce…
Apex Sports Group Hires Product Manager, VP of Sales
Apex Sports Group, the makers of the Apex Ski Boot System, has expanded their North American sales force with two new hires, while also retaining a new product manager and promoting a new VP of sales for brand support…
Mavic Names Podium Sales as Mid-Atlantic Sales Agency
Mavic, Inc. has hired Podium Sales Group to represent its brand in the Mid-Atlantic region beginning Aug. 15…
FGL Sports Completes Acquisition of Pro Hockey Life
FGL Sports Ltd., a division of Canadian Tire Corporation, Limited, completed the acquisition of Pro Hockey Life Sporting Goods Inc. FGL Sports purchased Pro Hockey Life, a private company, for $85 million…
Dorel’s Bike Q2 Operating Margins Plunged in Q2
Dorel Industries Inc. joined the chorus of outdoor product companies attributing disappointing but expected second-quarter results to the late arrival of spring across United States, Canada and Europe…
Inaugural European Outdoor Summit Features Many US Speakers
There are only 65 spots still available at the first European Outdoor Summit, which will take place in Stockholm from 16-18 October. Hosted by the Scandinavian Outdoor Group (SOG), the summit will feature speakers, workshops and networking events…
Ackman Pushes Penney to Speed up CEO Search
J.C. Penney Co. Chairman Thomas Engibous affirmed his support for Chief Executive Myron Ullman, saying he has led “significant actions to correct the errors of previous management” since he retook the helm of the struggling department-store retailer. The
Fox Factory IPO Imputes Rich Valuation
Fox Factory Holding Corp. said it will offer 8,571,429 shares of its common stock at $15.00 a share, or the top of the range targeted last month. The price, which equates to more than 10 times forward adjusted EBITDA, values Fox Factory Founder Robert C.
Tony Romo Severs Ties with Starter
Tony Romo, the Dallas Cowboy's quarterback, has ended his endorsement relationship with Starter. Romo had been a national spokesman for Starter since 2009…
Phoenix Footwear’s Q2 Revenues Gain 9 Percent
Phoenix Footwear Group, Inc., the parent of Trotters and SoftWalk, reported, net sales from continuing operations for the second quarter increased 9.2 percent in the second quarter ended June 29, to $3.44 million…
NOCSAE Clarifies Statement Concerning Certification of Helmets Using Unequal Technologies
On July 16, 2013, the National Operating Committee on Standards for Athletic Equipment (NOCSAE) board of directors released a statement suggesting that the use of certain aftermarket helmet add-on products may void helmet certifications. To avoid potentia
FAM Brands Acquires Zobha
FAM Brands, the parent of Marika, said it has acquired the Zobha yoga and fitness apparel line from Kellwood Corp…
Shimano Saved by Weak Yen in Second Quarter
Shimano Corp. reported sales rose 14.3 percent to ¥69.8 billion ($707 mm) in the second quarter ended June 30 as a weak yen helped offset the foul economy and weather in Europe – its largest market…
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