Growth accelerated sharply at Canada’s largest sporting goods retailer – FGL Sports – in the second quarter thanks to continued improvement at its core Sport Chek banner, according to parent company Canadian Tire Corporation’s (CTC) earnings r
Tag: Supplier
Sequential Brands Grows Second Quarter EBITDA Nearly 50 Percent
Sequential Brands Group, Inc., which expects to add Avia, AND1 and Nevados to its brand portfolio by year end, increased its sales nearly 63 percent and its adjusted EBIDTA 48 percent in the second quarter…
Walther Announces Stocking Dealer Program
Walther Arms Inc. manufacturer of personal protection firearms, announces its stocking dealer program…
Bikes, Bottles and Babies Help CODI Offset Liberty Safe’s Hard Landing in Q2
Compass Diversified Holdings Inc. reported sales at its Branded Consumer businesses increased 8.5 percent in the second quarter as growth at Fox Factory, CamelBak and Ergobaby more than offset a larger than expected decline at Liberty Gun, which makes gun
Canadian Tire Taps Medline as Next CEO
Canadian Tire Corporation announced its president, Michael Medline, will take over the position of CEO from Steven Wetmore when he retires Dec. 1. Wetmore has agreed to remain on the board of directors in a new, non-executive position of deputy chairman.
Arc’Teryx Leases Retail Space in Minneapolis
Arc’teryx, which recently announced plans to launch its first line of footwear, has leased space for a store in uptown Minneapolis for what would be its second brand store on U.S. soil, according to reports by local media…
Hibbett Sports Lowers FY 2015 Earnings Estimate
Hibbett Sports Inc. lowered its earnings forecast for fiscal 2015 by roughly 5 percent Thursday based on preliminary estimates of results for the 13-week period ended Aug. 2…
RYU Appoints New CEO, Relocates to Vancouver
Respect Your Universe, Inc. named Marcello Leone as its CEO and chairman and announced that it had moved its headquarters from Portland, OR to Vancouver, B.C…
Head NV’s Diving Sales Resurface in Second Quarter
Head NV reported sales were up 2.5 percent in the first quarter ended June 30, driven primarily by a rebound in its Diving business. The Dutch company reported Diving sales increased 8.1 percent, Sportswear 4.5 percent, Winter Sports 1.7 percent and Racqu
FGL Sports Sustains Impressive Comps Growth in Q2
FGL Sports saw retail sales increase 13.7 percent and same store sales grow 8.2 percent in the second quarter compared with the same period last year. The growth reflected strong growth across key categories and banners, including Sport Chek, where same-s
Evolv Lands New Investor, Grants Sharma Equity
Evolv Sports & Designs has landed an equity investment from the same investment group that owns Royal Robbins. Evolv also granted an equity stake to profession rock climber Chris Sharma, who has helped design the company's climbing shoes…
OIA Crowns Winners of First Reinvent Retail Contest
TREW Gear, The Outdoor Source, and Gear to Go Outfitters were named the winners of the first Reinvent Retail Innovation Contest by Outdoor Industry Association…
NSGA Opens Nominations for 2015 All-Star Awards
The National Sporting Goods Association has opened the nomination process for its 2015 All-Star Awards. The fourth annual All-Star Awards will recognize the most outstanding accomplishments and contributions made within the Sporting Goods Industry…
OIA Advocates Full Support of Land and Water Conservation Fund
Outdoor Industry Association (OIA) announces that more than 85 companies have signed on to a letter urging Members of Congress to support full, dedicated funding and reauthorization of the Land and Water Conservation Fund (LWCF)…
Outdoor Foundation and National Park Service Extend Partnership
The National Park Service and the Outdoor Foundation launched a program to leverages public and private funds to support nonprofit projects that focus on urban outreach, youth engagement and connecting people to the outdoors…