SGB Update Apparel
Adidas Among Final Bidders for Acushnet Co.
Adidas AG and Blackstone Group LP are among the companies vying for Acushnet Co., Fortune Brands Inc.'s golf division that includes Titleist and FootJoy, sources told Bloomberg News. Offers are due May 9, and Fortune Brands may negotiate with multipl
Easton-Bell Sports Posts Q1 Loss Despite Strong Bike Products Performance
Easton-Bell Sports Holdings reported its fifth consecutive quarter of revenue growth for the first fiscal quarter ended April 2 as strong results from the company’s bicycle products pushed company revenues up 4.8 percent versus the year-ago period..
Timberland Shares Tumble on First Quarter Profit Shortfall, Increased Costs
The Timberland Company, Inc. reported another solid quarter of top-line growth but first quarter profits fell well short of Wall Street's estimates due to higher product costs. TBL shares fell 27.7 percent last week to close at $32.67 on Friday…
Johnson Outdoors Fiscal Q2 Propelled By Resurgent Marine Electronics Business
Johnson Outdoors Inc. reported record sales and earnings in the second quarter ended April 1 as dealers loaded up on its trolling motors, fish finders and other marine electronics…
Weyco’s Q1 Impacted by Bogs Acquisition
Weyco Group Inc.'s earnings slid 12.8 percent in the first quarter, to $3.4 million, or 30 cents a share, dragged down in part by acquisition of The Combs Co., owner of the Bogs and Rafters footwear brands. Sales were up 6.7 percent at $65.1 million.
Garmin Fitness, Outdoor Up in Q1
Garmin Ltd. reported net sales of its Outdoor segment reached $66.5 million during the first quarter ended March 26, up 11.9 percent from a year earlier, while sales in its Fitness segment jumped 30.0 percent to $56.4 million…
Avalanche Claims Mountain Hardwear Athlete
Ski Mountaineer Kip Garre and his girlfriend Allison Kreutzen were killed April 26 in an avalanche at about 11,000 feet while climbing the Split Couloir, a steep gulley on Split Mountain in California’s eastern Sierra Mountains…
Adidas Outdoors Already a $265 Million Business
Adidas Outdoors had global sales of EUR 200 million ($265mm) in 2010 and its sales are growing faster than the 22 percent rate reported by Adidas Group as a whole for the first quarter, Senior Vice President for Global Outdoor Rolf Reinschmidt told Bloomb
Fox Factory’s Mountain Biking OEM Sales Up 18.2 Percent in Q1
Fox Factory, Inc.'s net sales reached $42.8 million in the first quarter ended March 31, up 31.0 percent from $32.7 million in the year earlier quarter as sales of suspension systems to mountain biking and off-road vehicle manufacturers rebounded. OE
Denver Area Chamber Honors Ouray Sportswear
Ouray Sportswear was named the 2011 Small Business of the Year today by the South Metro Denver Chamber of Commerce…
K-Swiss’ Q1 Revenues Climb 10 Percent, Backlogs Up 45 Percent
K-Swiss reported that its losses swelled in the first quarter to $9.8 million, or 28 cents per share, from a loss of $4.7 million, or 13 cents, for the prior-year period. Revenues increased 10.2 percent to $72.6 million compared with $65.9 million a year
Johnson Outdoors Reports Record Q2 Sales and Earnings
Johnson Outdoors Inc., which makes Old Town canoes, Minn Kota trolling motors and Eureka! tents, reported record sales and earnings in the second quarter ended April 1. Total net sales grew 14.1 percent to $128.9 million compared to net sales of $112.9 mi
Champion Ends Endorsement Over Tweet
Champion has ended its relationship with Pittsburgh Steelers running back Rashard Mendenhall, days after Mendenhall wrote on Twitter that he didn't believe hijacked planes led to the collapse of the World Trade Center and that people shouldn't c
NSSF-adjusted NICS Numbers Up 15.2 Percent
The April 2011 NSSF-adjusted National Instant Criminal Background Check System (NICS) figure of 843,484 is an increase of 15.2 percent over the NSSF-adjusted NICS figure of 731,955 in April 2010…
Target Says 13.1 Percent April Comps Disappoint
Target Corporation reported that its net retail sales reached $4.87 billion in April, an increase of 13.7 percent from the same period a year ago. Comparable-store sales came it at 13.1 percent, but still disappointed executives, who say spending by the d
