According to PGA Performancetrak, September 2013 golf rounds player were up 1.1 percent and days open were flat compared to September 2012, based on paired data…
Tag: Trade
Costa Accelerates in Third Quarter As Native Struggles to Gain Traction
Costa Inc., formerly known as the Cross Optical Division of A.T. Cross & Co., reported revenues increased 26.3 percent in the third quarter as its Costa optical brand more than offset sales declines at Native…
Garmin’s Q3 Revenues Decline 4 Percent
Garmin Ltd. reported sales in its third quarter declined 4 percent, dragged down by a 16 percent drop in its Automotive/Mobile division. Outdoor segment sales declined 4 percent while fitness climbed 25 percent…
Jarden Outdoor Revenues, Earnings Decline in Third Quarter
Jarden Corporation reported that sales at its Outdoor Solutions segment reached $670.6 million in the third quarter ended Sept. 30, 2013, down 2.0 percent from the third quarter of 2013. Segment earnings dipped 6.8 percent to $66.9 million…
Amazon Announces Plans to Open its Fourth Fulfillment Center in California
Amazon.com, Inc. finalized plans to open its fourth fulfillment center in California. The 1.2 million-square-foot fulfillment center in Moreno Valley, CA will create more than 1,000 full-time jobs that offer company stock awards, 401(k) and programs like
Obama Administration to Guatemala: Enforce Labor Laws
U.S. Trade Representative Michael Froman told the Guatemalan government Monday that he would recommend reinstating an arbitration panel to hear labor disputes in that country if the government fails to make progress in enforcing labor laws in the next six
Budget Sequester Mows Down Oakley’s U.S. Military Sales
Luxottica CEO Andrea Guerra said the U.S. budget sequester, which has resulted in a 10 percent across-the-board cut in federal spending since Oct. 1, 2012, has significantly slowed sales of Oakley branded eyewear and gloves to the U.S. Army…
Ralph Lauren Introduces ‘Made in the USA’ Olympic Uniforms
Ralph Lauren introduced a wide range of uniforms for the U.S. Winter Olympic athletes in Sochi, including the opening and closing ceremony apparel and their Olympic Village gear. The items will all be made in the United States…
REI to Outfit Namibian Conservation Guards
REI Adventures presented the Namibian Conservation Guards with its 2013 Sustainable Tourism Award. Through the award, 500 guards will receive a backpack full of gear, apparel and supplies to support their efforts in protecting the country’s natural
West Marine Sales Sputter in Third Quarter
West Marine, Inc. reported net revenues for the 13 weeks ended Sept. 28 were $193.4 million, an increase of 0.7 percent compared to the 13 weeks ended Sept. 29, 2012. Comp store sales, including online sales, increased…
Vans, Margin Expansion Boost VF’s Q3
With continued explosive growth from Vans as well as improved gross margins, VF Corp. reported a better-than-expected quarterly profit. Its earnings guidance was maintained for the year due to incremental marketing costs being added to the second half to
Under Armour Profit Rises 27 Percent; Ups Full-Year Outlook
Under Armour Inc. reported earnings rose 26.9 percent in its third quarter ended Sept. 30, to $72.8 million, or 68 cents a share, exceeding Wall Street's consensus estimate of 66 cents. Revenues jumped 25.7 percent to $723.1 million, led by strong do
Quiksilver to Sell Mervin Manufacturing
Quiksilver, Inc., the parent of DC Shoes, reached a definitive agreement to divest its snowboard subsidiary, Mervin Manufacturing, Inc., to Extreme Holdings, Inc., an entity advised by Altamont Capital Partners. The all cash transaction is expected to clo
Southern California to Launch Nation’s Second Middle School League for MTB Racing
The SoCal High School Cycling League will launch a middle school pilot program in spring 2014 in a bid to duplicate the success of the middle school program launched by the Minnesota High School Cycling League this fall. The expansion is just the latest e
Unifi More Than Triples First Quarter Income on Dip in Sales
Unifi, Inc., which makes Repreve recycled polyester fibers, reported net income increased more than threefold on a slight decline in sales in its first quarter…
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