Deckers Brands Q1 Powered By Big Gains At Hoka One One
Deckers Brands raised its outlook for the year after reporting a slightly lower year-over-year loss in the first quarter ended June 30 on a 10.5 percent revenue gain. Hoka led the way, with a 67 percent sales hike. Ugg’s sales grew 1.5 percent.
Sports Team Funding App FlipGive Secures Investors
Toronto-based sports team funding app FlipGive has secured $5 million in a Series A financing that will help FlipGive continue to accelerate how youth sports, member organizations and clubs fundraise.
U.S. Trade Groups Urge Congress To Approve USMCA
The American Apparel & Footwear Association, Outdoor Industry Association and National Retail Federation joined with more than 600 other trade organizations in a letter to Congress supporting approval of the U.S. Mexico Canada Agreement (USMCA).
Kitsbow Appoints VP Of Product And Design
Kitsbow, maker of premium cycling clothing and accessories, announced the addition of Jim Gingrich to the Kitsbow board of directors as well as the promotion of Tim Clark to vice president of product and design.
RECALL: Cannondale CAADX Cyclocross Bicycles
About 9,700 Cannondale CAADX Cyclocross Bicycles sold in the U.S. are being recalled, according to a press release from the U.S. Consumer Product Safety Commission.
SFIA Releases First Batch Of Single Sport & Fitness Activity Reports For 2019
The Sports & Fitness Industry Association (SFIA) on Thursday announced it is releasing a total of 90 Single Sport & Fitness Reports. The first collection of reports is now available, which includes reports for 52 different activities.
The Conservation Alliance Highlights Four Campaigns
The Conservation Alliance has identified four campaigns for heightened attention during the current Congressional session. The four priorities would protect and defend wild places in Alaska, Montana, Utah and Colorado.
NGA Launches Outdoor Recreation Learning Network
The National Governors Association (NGA) on Wednesday announced the launch of the Outdoor Recreation Learning Network to help governors and their staffs leverage their unique natural, cultural and historical resources to advance economic, workforce, health and environmental benefits.
Brunswick’s Q2 Sales Improve 3.1 Percent On Adjusted Basis
Brunswick Corp., in its first report since spinning off its fitness segment, reported consolidated net sales of $1.16 billion, up from $1.15 billion a year earlier.
Report: Nike Exploring Sale Of Hurley
Nike Inc. is exploring the sale of Hurley International, the surf brand acquired in 2002, according to a report from Reuters. The move follows prolonged weakness in the overall action sports market.
Vista Outdoor’s Bike Protection Unit Undergoes Layoffs
Vista Outdoor has laid off 14 employees from its Bell, Giro and Blackburn headquarters in Scotts Valley, CA, Bicycle Retailer reported.
Chattanooga’s Echelon Fitness Secures Investment
Echelon Fitness, a specialist in indoor cycling technology, received an investment from North Castle Partners. The growth capital infusion from North Castle Partners will bring Echelon’s total valuation to over $100 million.
Topgolf To Open Locations in Lake Mary And St. Petersburg
Topgolf Entertainment Group will continue expansion in Florida with the announcement of two new venues in Lake Mary and St. Petersburg.
Balanced Growth Leads Rocky Brands To Q2 Beat
Rocky Brands Inc. on Wednesday announced net income of $3.2 million for its second quarter ended June 30, up from $2.6 million, while diluted earnings per share increased 20 percent to 42 cents a share, topping analysts’ expectations by 6 cents. Q2 revenue of $62 million was up 6.4 percent from $58.2 million in the second quarter of 2018 and ahead of Wall Street’s estimates by $1.6 million.
Moncler Sees Double-Digit Growth In First Half
Moncler S.P.A., the Italian-based based brand known for its down jackets and sportswear, reported earnings grew 16 percent in the first half as sales jumped 13 percent on a currency-neutral basis.
