SGB Update Footwear
Nautilus Cuts Loss Despite Sales Drop
Nautilus Inc.’s sales from continuing operations were down 34% in the third quarter to $41.4 million from $62.7 million a year ago but the Vancouver, WA-based fitness firm was able to cut its net loss in the period to $24.4 million, or 5 cents per s
Asics Corp. Fiscal Q2 Sales Decline Double Digits
Asics Corporation posted a 10.8% decrease in revenues for the fiscal second quarter ended September 30. Total consolidated worldwide revenues were ¥110.8 billion ($1.18 bn), compared to ¥124.2 billion ($1.23 bn) in the year-ago quarter…
H2O Audio Adds to Athletes Roster
H2O Audio, the manufacturer of headphones and accessories for active people, announced a multi-year partnership agreement with 2-time World Ironman Champion, Craig Alexander, and celebrated triathlete couple, Greg and Laura Bennett…
Adams Golf Settles Stockholder Class Action Litigation
Adams Golf has agreed to settle and resolve a stockholder class action lawsuit initially filed in June 1999, certain of its current and former officers and directors, and the three underwriters in Adams Golf's July 1998 initial public offering. Adams
Dorel’s Rec. and Leisure Division Sees Declining Sales and Earnings
Dorel Industries Inc. Recreation & Leisure Division reported that sales declined 6.1% to $518.5 million compared to $552.2 million last year. Excluding the impact of the new business acquisitions and foreign exchange variations on the segment's non-U
Garmin’s Q3 Sales Slide Despite Record Sales from OD/Fitness
Garmin Ltd. reported revenues slumped 10.2% in the third quarter of 2009, reflecting significant weakness from the company’s Auto/Mobile and Aviation segment that more than offset growth from the Outdoor/Fitness and Marine segments. Revenues for the
Genesco Acquires Sports Fan-Attic
Genesco Inc. announced that its Hat World subsidiary acquired Sports Fan-Attic, a Tampa, Fla.-based retailer of licensed sports headwear, apparel, accessories, and novelties. Sports Fan-Attic operates 37 stores largely in regional malls in seven states.
Mountainsmith Hires Western Reps
Pacific Recreation Sales (PacRec), based out of Bakersfield, California, has been retained by Mountainsmith LLC to oversee sales and marketing efforts in California, Arizona, Nevada and Hawaii…
SportScanInfo: Early Winter Weather Helps Push Outdoor Sales Increase in October
An early start to winter this year spurred sales of cold weather footwear and apparel at the sporting goods industry retailers and chain stores that report sales to SportScanInfo. With snow falling in the Rockies and abnormally cold weather hitting the No
Kirk Richardson Named Interim President of Mountain Hardwear as Wallenfels Departs to Timbuk2
Mountain Hardwear named Kirk Richardson to serve as interim president while the company conducts a search for a permanent replacement for co-founder and president Mike Wallenfels, who has resigned to become CEO of Timbuk2 Designs…
OIA: September Outdoor Sales Down in Spite of Holiday Shift
According to the most recent OIA Topline Report, sales for chain, internet, and specialty outdoor stores declined 4% compared to last September, moving from $350 muillion to $336 million. This decline occurred in spite of a holiday shift, moving Labor Day
Backwoods Life On Pursuit Channel Signs Sponsorship Agreement With Backwater Outdoors
Backwoods Life Television has signed an official sponsorship agreement with full service hunting and archery pro shop Backwater Outdoors…
Paralyzed Veterans of America-Outdoor Recreation Heritage Fund Launches “100,000 Patriots
Paralyzed Veterans of America-Outdoor Recreation Heritage Fund (PVA-ORHF) recently announced the launch of “100,000 Patriots”–their newest program to help injured veterans step outside again and enjoy hunting, shooting, and fishing…
Ruger Named “Manufacturer Of The Year” by NASGW
Sturm, Ruger & Company, Inc. has been presented with the Firearms Manufacturer of the Year award by the National Association of Sporting Goods Wholesalers for the third consecutive year…
Warnaco Swimwear Posts Loss After FINA LAZR Ruling Charge
Warnaco's swimwear segment reported a Q2 operating loss of $7.4 million after a $3.6 million charge ($2.2 million after-tax) to write off inventories of its Speedo LZR Racer product. The loss compared to a year-ago deficit of $10.2 million, which inc
