Derby Cycle AG reported revenues grew 30.5% to €37.8 million ($51.5mm) in the first quarter ended Dec. 31 on soaring sales of e-bikes. Germany largest bicycle maker said it sold 80,517 bicycles and 12,634 e-bikes in the quarter, up 5.8% and 138.6% r
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Under Armour’s Sponsorship Expenses Double in 2010
Under Armour Inc.'s sponsorship obligations totaled $167 million at the end of 2010, nearly double the $78 million spent in 2009, according to its just-released annual report…
Saks Returns to Profitability in Q4
Saks Inc. reported net income of $25.0 million, or 14 cents per share, in the fourth quarter. The year-ago period included a net loss of $4.6 million, or 3 cents per share…
MEC Invests $585,000 in 48 Community Projects
Mountain Equipment Co-op, based in Vancouver, announced its continued support for outdoor recreation and environmental conservation in Canada through its community grants program. In total, the member-owned outdoor retailer invested more than $585,000 for
McDavid Inc. Applauds the New NFHS Rules Changes
McDavid Inc. said it applauded recent rule changes as it pertains to thigh guards and pads. The original NFHS football ruling stated that “when a hard surface was present”, thigh pads had to be covered by 1/4″ of foam on front and 3/8″ on back…
Report : U.S. Manufactured 5.4 million Guns in 2009
According to data released in late January in ATF’s Annual Firearm Manufacturing and Export Report, U.S. firearm manufacturers produced more than 5.4 million firearms in 2009…
Jarden Outdoor Fourth Quarter Profits Soar on Double-Digit Sales Growth
Earnings at Jarden Corporation’s Outdoor Segment rose dramatically on a nearly 17% increase in sales in the fourth quarter and year ended Dec. 31, 2010 as charges related to acquisitions fell off dramatically…
Smith and Wesson to Lean on New Channels, Products to Return to Profit on 2011
Smith & Wesson management spoke at the recent Cowen and Co. Aerospace/Defense Conference about key growth initiatives following a fiscal second quarter that saw top and bottom lines fall considerably on declining gun sales and a significant write-down rel
Court Rules REI Liable for Failure of Private Label Novara Fork
In a ruling that could have wide-ranging implications, REI must take responsibility for an allegedly defective fork that caused a Novara bicycle to collapse in 2007 and left a woman with permanent injuries, a Washington appeals court ruled last week…
Deadline Approaches for NSGA’s 2012 Hall of Fame Nominations
The National Sporting Goods Association said the deadline to nominate candidates for the 2012 class of the Sporting Goods Industry Hall of Fame is quickly approaching – March 15, 2011. Nominees will be evaluated following the 2011 NSGA Management Conferen
NSSF Reports Big Jump in Hunting License Sales
The National Shooting Sports Foundation, trade association for the firearms and ammunition industry, called the 3.6% rise in paid hunting license holders for 2009 one of the most encouraging signs for hunting in recent years…
Compass Diversified’s CEO Take Leave to Deal with Investigation
Compass Diversified Holdings, which owns Fox Racing Shox and several industrial companies, said its CEO Joe Massoud has requested, and the Board has approved, a leave of absence to focus his attention on an informal regulatory inquiry that Mr. Massoud has
Suspect Charged in Outdoor Retailer Thefts
A man from Utah has been charged with stealing thousands of dollars of climbing and other gear from exhibitors at last month's Outdoor Retailer Winter Market, according to a report in the Salt Lake City Tribune…
Salazar Announces Funding to States for Fish and Wildlife Projects
Secretary of the Interior Ken Salazar announced recently the distribution of more than $749 million in excise tax revenues generated by sportsmen and women to state and territorial fish and wildlife agencies through the Dingell-Johnson Sport Fish Restorat
K-Swiss Widens Fourth-Quarter Loss, Futures Up Double-Digits
K-Swiss Inc. widened its loss for the fourth quarter to $20.6 million, or 58 cents a share, from $12.5 million, or 36 cents, a year earlier. Worldwide revenues increased 1.5% to $42.7 million from $42.0 million a year ago. Domestic revenues increased 2.8%
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