SGB Update Apparel
OIA Presenting Nearly 50 Seminars at Outdoor Retailer
Outdoor Industry Association (OIA) is presenting nearly 50 educational sessions as part of Outdoor University at Outdoor Retailer Summer Market in Salt Lake City. Sessions start on Day Zero of the trade show (July 30) and continue through Day Three (Aug.
New Balance Announces Sponsorship with the MIT Media Lab
New Balance announced a multi-year sponsorship with the MIT Media Lab. The Media Lab will be used as a tool to spark creativity within New Balance’s Studio Innovation Center, based in Lawrence, MA…
Callaway Golf Reduces Guidance on Soft Market Conditions
Callaway Golf Co. said its second quarter results came in as expected, but it still cut its full year guidance due to softer than expected market conditions in the golf industry and increased promotional activity. In the quarter, the company earned $9.3 m
Accell Group Reports Disappointing North American Sales
Accell Group N.V. reported first-half bike sales to specialty retailers in North America fell 15 percent due to unfavorable weather and consumers’ continued reluctance to make major purchases. Sales rose 13 percent worldwide, however, thanks to the
Groupe Go Sports’s First Half Sales Decline
Groupe Go Sports reported consolidated sales for the first half 2013 reached €310.8 million ($406 mm), down by 4.0 percent on a same-store basis on a currency-neutral basis, according to its controlling shareholder Rallye…
Columbia Sportswear Slashes Inventory in Response to Cautious Dealer Orders
Columbia Sportswear Company has slashed its inventory in response to retailers’ conservative preseason orders and a renewed focus on freeing up cash, according to its second quarter financial report…
Under Armour’s Q2 Soars on 23 Percent Revenue Gain
Under Armour, Inc. reported second-quarter revenues increased 23 percent, to $455 million compared with net revenues of $369 million in the prior year's period. Net income jumped 163 percent to $18 million, or 16 cents a share, compared with $7 milli
West Marine’s Q2 Impacted by Unfavorable Weather
West Marine, the largest specialty retailer of boating supplies and accessories, said comparable-store sales slid 2.7 percent in the second quarter as continued unfavorable weather reduced recreational boating usage…
Altamont Capital Installs New CEO at Dakine
Altamont Capital Partners appointed former Nike executive Leslie Lane to the role of chairman and chief executive officer at Dakine a day after acquiring the company from Quiksilver. Lane replaces Francois Carrete, who resigned as president at Dakine afte
Cabela’s Grows Q2 Comps 9 percent, Excluding Firearms
Cabela's Incorporated reported retail store revenue increased 25.8 percent to $483.9 million in the second quarter as comp sales rose 9 percent even after excluding sales of firearms. Direct revenue increased 13.7 percent to $180.1 million; and Finan
W.L. Gore Releases Sustainability Report for the First time
W.L. Gore & Associates’ Fabrics Division shared the results of its Life Cycle Assessment (LCA) report for the first time with the public, examining its entire manufacturing process…
Lapierre North America Launches New Website
Lapierre, the performance-driven mountain and road cycling brand born in France, launched its official North American website today. The site is home to North American product offerings, technology, team information, dealer locator, consumer blog and mont
Nike Demand Creation Expenses Increase 5 Percent in Fiscal Year
According to its just-released annual report, Nike Inc. reported demand creation expense grew 5 percent in its fiscal year ended May 31, to $2.74 billion from $2.6 million. The gains were mainly driven by an increase in sports marketing expense, marketing
Allen Edmonds Shoe Survey
A new survey just released by U.S. men's shoemaker Allen Edmonds confirms that 65 percent of professional women admit to insisting their man change shoes before he goes out. Fifty-nine percent of those women have purchased shoes for him and 12 percen
SFIA Announces Winners of Inaugural Future Leaders Program
The Sports & Fitness Industry Association (SFIA) announced the inaugural 2013 class of the Future Industry Leaders Scholarship Program. The winners include employees from MC10, Easton-Bell, Johnson Health Tech, Under Armour and Life Time Fitness…
