SGB Update Outdoor
CamelBak Margins Shrink With US Troop Drawdown
CamelBak’s gross margins plunged to 43.8 percent in 2013 from 54.2 percent in 2012 as the continued drawdown of U.S. military forces abroad caused sales of its gloves, hydration packs and accessories to the Army to decline sharply. The company gener
Report: Nike Signs Johnny Manziel
Nike has signed Johnny Manziel to an endorsement deal, according to ESPN. The possible first pick in the 2014 NFL draft fought off bids from Adidas, Under Armour and New Balance's Warrior brand…
Cole Haan Hires Dree Hemingway as Spokesperson
Cole Haan announced a multiyear partnership with Dree Hemingway, who will make her debut for the brand in its Fall 2014 advertising campaign. In addition to her collaboration on and appearance in advertising, Cole Haan and Dree Hemingway will co-create a
Report: Nike to Ink Record Soccer Sponsorship Deal
Nike is close to announcing a record sponsorship deal worth more than £600 million ($1 bn) with Manchester United, the English Premier football team. It will bank United more than £60 million a year over the course of a decade-long agreement…
Sportsman’s Warehouse Files for IPO
Sportsman’s Warehouse Holdings Inc. has filed paperwork for an initial public offering of its stock on the NASDAQ stock market. The company's S1 registration statement reveals…
DNW Outdoors Named Sports, Inc. 2014 Outdoor Store of the Year
Sports, Inc., the national member-owned sporting goods buying group, announced DNW Outdoors as its 2014 Outdoor Member of the Year…
Inteliscope Suspends Deliveries to Russia
According to Inteliscope LLC President Jason Giddings the company has decided to refuse all future sales of Inteliscope smartphone-rifle-adapters to Russia…
NRF Demands PINs with Chips
As reported by the Credit Union Times, the National Retail Federation has deepened its opposition to deploying payment cards with embedded smart chips that do not also require cardholders to use a PIN to validate transactions…
L.L. Bean Scores Record Year, Plans $100M Investment
L.L. Bean said it wrapped up year of record profits and an overall sales gain of 3 percent. It also announced plans to make a $100 million investment to improve and expand its online and retail operations…
Report Shows Paddlesports Industry Gaining With Kids and Women
The paddlesports industry got encouraging news last week when an update of its largest consumer survey showed significant gains in participation among children and women. While reluctant to draw too many conclusions from one annual survey, marketers said
Quiksilver Slow Turnaround Continues
Once again, Quiksilver Inc. can’t seem to catch that wave.
The surf apparel giant reported that it narrowed its pro-forma loss from continuing operations in its first quarter ended Jan. 31, to $16 million, or 10 cents per share, compared with a los
Foot Locker’s Q4 Earnings Climb on 5.3 Percent Comp Gain
Foot Locker Inc. reported fourth quarter sales increased 4.6 percent, to $1.79 billion with same-store sales up 5.3 percent. Earnings increased 18 percent to 81 cents per share, besting Wall Street expectations. Full-year comps grew 4.2 percent for the p
Nike Takes Minority Stake in Analytics Company Reflektion
Nike, Inc., hrough its strategic partnerships team, has taken a minority investment in California-based start-up Reflektion, an innovator in online retail predictive analytics. Reflektion announced this week it has secured Series B round funding…
Skullcandy Completes Off-Price Purge, Readies Walmart Launch
Having largely completed its purge of off-price dealers, Skullcandy Inc. will turn its attention in 2014 to adding retailers who meet its turnaround criteria, including Wal-Mart Stores Inc., the company disclosed Thurday…
Obama’s FY15 Budget Seeks Robust Funding for LWCF, National Parks
President Obama’s for fiscal 2015 budget calls for full funding to the Land and Water Conservation Fund (LWCF), according to Outdoor Industry Association (OIA)…
