SGB Update Apparel
Cybex Q2 Profits Decline
Cybex International, Inc., the fitness equipment manufacturer, reported sales for the second quarter fell 4.6% to $33.1 million from $34.7 million for the corresponding 2007 period. Net income nosedived 88.4% to $128,000, or 1 cent a share, from $1.1 mill
Shoe Pavilion Shares to be Delisted
Shoe Pavilion has received a letter from the The Nasdaq Stock Market (“Nasdaq”) indicating that its stock will be delisted from Nasdaq because of its bankruptcy filing. According to a filing with the SEC, if the company does not appeal Nasdaq's deter
Mervyn’s Faces Liquidity Crisis
Mervyn's LLC, the California mid-tier department-store chain, may be forced to file for Chapter 11 bankruptcy protection as some of its vendors have halted shipments to the company and key lenders have pulled financing, according to published reports
OIA Sees Upper End of Market Prospering
Outdoor Industry Association released its retail sales top-line report for May 2008 last week, indicating a strengthening market for outdoor products even as the economy weakens amid higher gasoline prices, a tougher job market and the lowest consumer con
VF Corp. Increases Full Year Guidance
Sales at full-price Vans and The North Face stores helped drive record sales and earnings per share at VF Corp. for the second quarter, prompting the company to raise its earnings guidance for the year…
TNF Leads as Outdoor Coalition Posts Stellar Q2
Revenues at VF Corp.’s Outdoor Coalition, which includes sales of The North Face, Jansport, Vans and Reef branded products, rose 17% during the quarter ending in June. The coalition clocked double-digit growth domestically and internationally…
Kayak Importers Tighten Belts, Struggle with Pricing
Some kayak importers were scrambling more than usual to nail down prices and pre-season offers for the Outdoor Retailer show last week courtesy of a weak dollar and rising shipping costs. And there was not much consensus on how much prices will rise…
Volcom Acquires Laguna Surf and Sport
Volcom, Inc. reached a definitive agreement to acquire the retail operations of Laguna Surf & Sport, a retail partner in Southern California that operates two stores serving the Laguna Beach and Aliso Viejo communities. The stores will continue to operate
OIA and SIA Herald Tariff Relief Initiatives
Outdoor Industry Association (OIA) heralded the introduction of the Recreational Performance Outerwear Act of 2008 (H.R. 6483) on July 15, the first ever trade legislation specifically for outdoor performance apparel manufacturers…
Warren Light Craft Moves to Retail Channel to Sell Boats
Warren Light Craft, which has won awards for the design of its curvaceous Little Wing composite kayaks, is seeking dealers. The Massachusetts company made a splash in 2006 when its flashy and extremely light-weight carbon composite boat won a gold medal a
Play it Again Parent Posts Q2 Gains
Winmark Corp., the parent of Play It Again Sports, reported net income for the quarter ended June 28 jumped 116%, to $930,500, or 17 cents a share, from $430,500, or 8 cents, a year ago. Revenues grew to $8.7 million from $7.6 million…
Lenzing, Weyerhauser Team Up for New Fabric
Lenzing, the world market leader in cellulose staple fibers, and Weyerhaeuser, one of the world’s largest forest products companies, will work together on the development of novel lyocell-based nonwoven fabrics…
Carl Zeiss Optical Announces Hires
Carl Zeiss Optical, Inc. has created the positions of Eastern and Western regional sales team leader to increase sales coverage and regional focus…
Trek Kicks off Challenge with USA Today Ad
Trek Bicycle launched its “Go By Bike Challenge,” a national pledge campaign sponsored by 1 World 2 Wheels — Trek's cycling advocacy initiative — that challenges people to put down the car keys and instead go by bike. To promote the challenge natio
Rocky Mountain Bicycles Names Director of Sales, Products
Rocky Mountain Bicycles (RMB) announces the appointment of Charles Russell as the director of sales, marketing and products for the brand globally, effective August 5th 2008…
