SGB Update Apparel
Under Armour Raises Guidance After Strong
Powered by a strong reception to its Charged Cotton collection, Under Armour Inc. posted a higher-than-expected quarterly profit and once again raised its revenue and earnings forecast for the year…
Point6 Moves Sock Production to the U.S.
Point6, manufacturer of merino wool socks, announced that it is moving all production from China to the USA. The company said the move to U.S. soil will allow the company to have better control over inventory management, product quality and…
Deckers Outdoor Slips To Second Quarter Loss But Boosts Full Year Outlook
Deckers Outdoor Corp. reported a loss in the second quarter due to the additional costs associated with the transition to wholesale operations in the U.K. and Benelux, opening stores and other infrastructure investments. But revenues continued to move up
Iconix Q2 Profit Soars; Ups Full Year Guidance
Iconix Brand Group's earnings jumped 69.4 percent in its second quarter, to $41.5 million, or 55 cents per share. Revenues rose 17.5 percent to $89.3 million…
AcuSport onTarget Program Partners with Spingfield Armory
AcuSport Corporation, a distributor of shooting and hunting products, has partnered with Springfield Armory USA, to launch the new XD(M) 5.25 Competition Series as part of their OnTarget Range Program. AcuSport created the OnTarget Range Program to servic
Fila Korea Completes Acushnet Acquisition
Acushnet Company announced that the transaction for its sale from Fortune Brands, Inc. to a consortium led by Fila Korea, Ltd. and Mirae Asset Private Equity, was completed. The sale was announced on May 20. Acushnet will remain as a standalone company th
Nautilus Amends Credit Agreement
Nautilus said that on July 20 it amended its credit agreement to ease the restrictiveness of certain provisions by increasing the borrowing availability, raising the limitation on capital expenditures and reducing interest rates applicable to outstanding
Nielsen Exposition Sales Flat in Q2
Nielsen Holdings N.V. said sales by its Expositions segment, which owns the Outdoor Retailer and Interbike shows, were flat in the second quarter ended June 30, 2011, but remain up 8% year to date…
Brunswick Corp.’s Q2 Earnings Soar on 8 Percent Sales Gain
Brunswick Corporation reported operating margins nearly doubled to 9.8 percent in the second quarter ended July 2, when net sales rose 8 percent to $1.10 billion. Operating earnings reached $107.9 million, up 94 percent from a year earlier, while net earn
Cabela’s to Open Second Store in West Virginia
Cabela's plans to open a store in in Charleston, W.Va. Cabela's expects to open the Charleston store in summer of 2012. The 80,000-square-foot store will be located in the Southridge Centre shopping area off U.S. Highway 119, and will be Cabela&
Cabela’s Comps Rose 4.4 Percent in Q2
Cabela's Inc. reported adjusted earnings rose 14.9 percent in the second quarter, to $22.3 million, or 32 cents a share. Revenues increased 7.7 percent to $562.1 million. For the quarter, comparable store sales increased 4.4 percent. On a reported ba
West Marine’s Q2 Revenues Edge up 1.1 Percent
West Marine, Inc. reported net revenues for the second quarter ended July 2 edged up 1.1 percent to $236.0 million as the company continued to close underperforming stores and open new ones…
OIA Benchmarking Studies Point to Leaner, More Profitable Industry
The outdoor industry has emerged from the recession leaner and more profitable, according to two benchmarking reports released by Outdoor Industry Association. High-profit retailers in this year’s study reported an average gross margin of 46.5 perce
Goodhew Taps Skirving to Help with Canadian Launch
Goodhew has hired Julie Skirving to help launch its rebranded sock line and new Sockwell brand in Canada…
Under Armour’s Revenues Soar 42 Percent in Q2
Under Armour, Inc. reported revenues increased 42.2 percent in the second quarter ended June 30, to $291.3 million from $204.8 million in the prior year's period. Net income increased 77.1 percent to $6.2 million, or 12 cents a share, from $3.5 milli
