SGB Update Outdoor
Skechers Delivers Another Blowout Quarter
With all three of its businesses – Domestic, International and Retail – banging out double-digit growth, Skechers USA Inc. reported the highest quarterly sales in its 23-year history and earnings that handily topped Wall Street’s target…
OIWC’s Pitchfest to Feature 11 Women-led Companies
The Outdoor Industries Women’s Coalition (OIWC) identified the 11 female-led companies who will pitch their ideas to a panel of industry executives in its inaugural Pitchfest in Salt Lake City next week…
Deckers Brands Q1 Results Marred by Exchange Rates
Deckers Brands reported sales increased 1.1 percent in its fiscal first quarter ended June 30, but were up 4.5 percent in currency-neutral terms. Exchange rates also trimmed its gross margin by 200 basis points and led to a widening of its second quarter
HanesBrands Sees Double-Digit Q2 Revenue Gain
HanesBrands Inc, parent of Champion, reported net sales increased 13 percent in the second quarter, to $1.52 billion in the quarter ended July 4, while adjusted operating profit excluding actions increased 15 percent to $265 million and adjusted EPS exclu
SoulCycle Files for Initial Public Offering of Stock
SoulCycle Inc. laid out plans for an initial public offering Thursday in an S-1 filing with the Securities and Exchange Commission…
City Sports to Sell “Free Brady” T-Shirts
City Sports, a Boston based specialty sports retailer, has ordered and plans to sell thousands of “Free Brady” t-shirts that will be sold in most of its nine Boston locations and on-line beginning this weekend…
West Marine Grows Comps in Fiscal Second Quarter
West Marine Inc. reported comparable store sales grew 7 percent in the second quarter ended July 4, or 3 percent excluding the impact from a change in its retail calendar…
Brunswick Corp.’s Q2 Revenues Expand 6 Percent
Brunswick Corp. reported consolidated net sales increased 6 percent in the second quarter while advancing 11 percent on a currency-neutral basis. Sales grew 8 percent in its Boat Segment, 6 percent in its Marine Engine Segment, and 5 percent in its Fitnes
Garmin Sees 5 Percent Gain in Q2 Fitness Revenues
Garmin Ltd. reported sales grew 5 percent in its Fitness segment, driven by activity trackers and multisport products. Outdoor segment revenues grew 4 percent…
Amer Sports Builds Sales, Trims Losses in Q2
Amer Sports, which owns the Salomon, Wilson, Arc'teryx and Suunto brands, reported net sales excluding recently acquired Louisville Slugger grew 7 percent in currency-neutral (c-n) terms in the second quarter ended June 30…
Luxottica Retools Oakley for Global Growth
Luxottica Group expects to fold Oakley's back-office functions into its North American operations by October 3, as part of a global integration initiative that is already fueling increased R&D spending and an expansion of the brand's U.S. manufa
Balega Shifts 15 Percent of Sock Production to North Carolina
Balega International expects to source 15 percent of its performance socks from the United States thanks to a new partnership with a Hickory, NC manufacturer…
TJX Cos. Acquires Australian Off-Price Retailer
The TJX Companies, Inc. has signed a definitive agreement to purchase Trade Secret, an off-price retailer that operates 35 stores in Australia…
Damian Lillard and Jimmy Kimmel Star in Foot Locker Commercial
Foot Locker, Inc. and Adidas Originals unveiled, “The Bobby Butter Story,” a new spot featuring NBA stars Damian Lillard and Andrew Wiggins, alongside late-night host and comedian, Jimmy Kimmel…
Verde Brand Hires Outdoor Veteran Christina Erb LoVullo
Verde Brand Communications, a full-service, integrated public relations, marketing and consulting agency, announced the addition of veteran outdoor industry professional Christina Erb LoVullo…
