SGB Update Footwear
Lucy Celebrates 10 Years
Lucy Activewear, a division of VF Corp., will celebrate its 10th year in business this month.To honor the anniversary, the brand is launching a contest inviting customers to share their inspiration…
Mountainsmith Names President
Erik Specht has been named as president of Mountainsmith LLC. Specht was formerly director of sales and marketing..
Jarden Outdoor Solutions Sales Slide in Third Quarter
Jarden Corp. reported sales in its Outdoor Solutions group slid 8.8% in the third quarter to $565.7 million from $620.1 million in the year-ago period…
Under Armour Beats the Street in Q3, but Fourth Quarter Outlook Spooks Many
Under Armour, Inc. bested Wall Street expectations for the third quarter and initially saw UA shares jump after their earnings announcement last Tuesday, but shares later got hammered after analysts had a chance to measure the impact of guidance for the f
Cabela’s Sees Guns and Ammo Gains Moderating
Cabela’s Inc. reported a better-than-expected profit for the third quarter, but issued guidance that indicated the fourth quarter would be softer than analysts originally estimated…
Shimano Group Sees Q3 Sales Declines Moderate, but Weakness Continues
Shimano Inc. said that any decisive economic recovery never materialized in the third quarter despite signs of recovery in Asia. The company said the worst of the recession appears to be past in Japan, but excess manufacturing and excess labor have not b
Luxottica Sees North American Region Cripple Third Quarter
Luxottica sPa, the parent of Oakley and Sunglass Hut, reported consolidated sales were €1.22 billion ($1.74 billion) for the third quarter of 2009, down 4.3% from €1.21 billion ($1.83 billion) in the prior year’s third quarter…
Brunswick Narrows 3Q Loss on Lower Charges
Brunswick Corp. reduced its net loss in the third quarter to $114.3 million, or $1.29 a share, from $729.1 million, or $8.29, a year ago, although the improvement reflected a reduction in restructuring charges to $28.8 million, or 32 cents a share, from $
Iconix Spikes Q3 Net; Buys Ecko
Iconix Brand Group, Inc.'s Q3 revenues rose 8% to $59.4 million. Profit rose 25% to $20.5 million, or 28 cents per share…
GSI Commerce Narrows Third Quarter Loss
GSI Commerce Inc. saw revenues increase 1.8% to $190.3 million in the third quarter, above its guidance range of $181 million to $186 million. The net loss was reduced to $9.4 million, or 18 cents a share, from $14.2 million, or 30 cents, a year ago. Com
Shimano Q3 Net Income Plummets on Weak Asia Market
Shimano, Inc. reported that the third quarter top-line improved from the second quarter and the year-to-date trends, with consolidated revenues declining 19.5% to ¥44.38 billion ($474 mm). Third quarter sales declined most in Asia and Japan, while North
Diadora Licenses Soccer in the U.S.
Golden Viking Sports, an entity owned and headed by Diadora America President William Nuttall, has entered into a license agreement for the U.S. market for the Diadora brand. The new license follows the sale of Italy-based Diadora S.p.A. to Italian holdin
West Marine Sees Fiscal Q3 Comps Decline 4.3%
West Marine, Inc. reported net revenues decreased 6.7% to $168.2 million for its 2009 fiscal third quarter ended October 3. Comparable store sales decreased 4.3% from last year…
Volcom’s Q3 Revenues Drop 15.9%
Volcom, Inc. reported sales fell 15.9% to $93.9 million compared with $111.7 million in the third quarter of 2008. Total revenues in the company’s U.S. segment, which includes revenues from the U.S., Canada, Japan and most other international territ
Brunswick 3Q Loss Narrows on Lower Charge
Brunswick Corp. reported sales for the third quarter of 2009 of $665.8 million, down from $1.04 billion a year earlier. For the quarter, the company reported an operating loss of $109.4 million, which included $28.8 million of restructuring charges. In th
