GoPro Inc. filed paperwork for a $100 million initial public offering (IPO) last week that shows it has rebounded strongly from production problems that delayed shipments in the fourth quarter of 2012. While the company has yet to price its IPO, its board
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Zumiez Grows Comps in Fiscal Q1, Sees Footwear Remaining Weak
Zumiez Inc. executives said the footwear business that drove its growth for a time remained difficult in the fiscal first quarter ended May 3 and that they see nothing in the fashion world that will change that this year…
Hibbett Sports Reports 4.1 Percent Comps in Fiscal First Quarter
Hibbett Sports Inc. reported net sales increased 9.1 percent to $261.9 million for the 13-week period ended May 3, 2014, compared with the fiscal first quarter ended May 4, 2013. Comparable store sales increased 4.1 percent…
Ridgemont Outfitters Assembles Footwear Rep Force
Ridgemont Outfitters, a new footwear line that describes itself as “new school outdoor footwear,” announced its first team of reps…
Cardio Tennis Continues to Expand
Developed just nine years ago, Cardio Tennis already has more than 1.54 million participants, and it continues to grow, according to an update from the Tennis Industry Association…
Redington Adds Actions Sports Athletes to Fly Fishing Team
Redington has signed four action sports athletes to its team roster in a bid to introduce as diverse a new group of people as possible to fly fishing…
Nike Opens San Francisco Location
Nike opened a new retail store in the heart of San Francisco at 2071 Union Street to serve athletes throughout the community. At the 2,000-square-foot boutique…
Dick’s Misses Guidance on Disappointing Golf and Hunting Sales
Dick's Sporting Goods, Inc. stock plunged nearly 18 percent by late Tuesday after it reported it had missed its guidance on same-store sales in the first quarter ended May 3 due largely to disappointing results in golf and hunting. Dick's report
L.L.Bean CEO to Step Down in 2016
Chris McCormick, L.L. Bean's president and CEO since 2001, plans to step down in 2016…
Marker Völkl and Tecnica Settle U.S. Anti-Trust Charges
Marker Völkl (International) GmbH and Tecnica Group S.p.A. have settled Federal Trade Commission charges that for many years they illegally agreed not to compete for one another’s ski endorsers or employees. The proposed orders settling the FTC̵
Steiner Marine Adds Two New Rep Groups, Increases Coverage for a Third
Steiner announces that it has strengthened its dealer representation and customer service in the marine sales channel…
Feetures! Hires International Sales Manager
Feetures!, the performance sock brand in the specialty running market has hired Megan Betts as international sales manager, based in North Carolina…
Mizuno’s Annual Revenues Climb 12 Percent
Mizuno Corp said revenues rose 11.9 percent in its year ended Mar. 31, to ¥183.2 billion ($2.22 bn). Sales in the Americas jumped 32.9 percent to ¥30.6 million ($370 mm), aided by a continued healthy performance in all product categories, including golf,
Vietnamese Riots Unlikely to Delay Fall Retail Deliveries, But Surface Emerging Risks
Damage to Vietnamese factories that make apparel, footwear and gear for U.S. athletic and outdoor brands is unlikely to affect fall retail deliveries, but should cause industry executives to reexamine their assumptions about the region's geopolitcal
Study Projects U.S. Social Media Ad Revenues to Reach $15B by 2018
During the forecast period, native social advertising revenues will grow at a 38.6% Compounded Annual Growth Rate (CAGR); social mobile at a 38.3% CAGR; and locally targeted social advertising at a 31.6% CAGR…