Amer Sports Grows Q4 Sales and Gross Margin Despite Winter Woes
Amer Sports reported net sales grew 6 percent in currency-neutral terms in the fourth quarter ended Dec. 31, despite a 9 percent decline in sales of Atomic and Salomon winter equipment, which it attributed to the late arrival of winter. Gross margins and
European Outdoor Group Estimates Industry Sales Grew in 2014
European sales of outdoor products grew slightly in 2014, according to research released by the European Outdoor Group (EOG) after its annual assembly Wednesday…
Apex Ski Boots Founder Appears on CNBC’s Power Pitch
Apex Ski Boots Founder and President Denny Hanson got his shot at the limelight this week when he pitched the company's crowdfunding campaign during a segment on CNBC's Power Lunch…
Nike Returns as Official Supplier to US Canoe/Kayak
Nike has returned as the official supplier of apparel and footwear for USA Canoe/Kayak's national teams via a two-year agreement through the end of 2016…
Asics Relaunches Asics Tiger as Sport Lifestyle Brand
Asics announced the relaunch of the Asics Tiger brand for the sport lifestyle market. Originally designed as competitive sports shoes during the 1980s and early 90s, the current line of street style shoes will feature fresh, casual designs for everyday we
Phoenix Footwear Reports New Bank Financing
Phoenix Footwear Group, Inc., the parent of Trotters and SoftWalk, entered into a new bank financing agreement with NewStar Business Credit, LLC…
GoPro’s Q4 Revenues and Margins Soar
GoPro, Inc. reported revenue soared 75.4 percent and gross margin 600 basis points in the fourth quarter ended Dec. 31, 2014 after shipping as many cameras as in all of 2012. Operating income grew nearly 2.5 fold, while diluted earnings per share reached
Dakine Hires Akimbo Communications
Dakine has hired Akimbo Communications to oversee media relations…
Mizuno Nine Months Impacted by Golf Struggles
Mizuno Corp. reported net sales totaled 133.7 billion yen in the first nine months ended Dec. 31, up 1.1 percent year-over-year. Strength in lifestyle products, centered largely on running offset “harsh conditions” in golf. Net income after tax was up 15
361 to Sponsor One Body One World (OBOW) Fitness Conference
361°, the Chinese-based athletic footwear brand launching in the U.S., is taking the helm as presenting sponsor of the One Body One World (OBOW) fitness conference Mar. 19 to 22 in New York City…
Amazon Fashion Renews Title Sponsorship of Footwear Cares
Two Ten Footwear Foundation, the national charitable foundation serving the footwear industry, today announced that Amazon Fashion will return as the Title Sponsor for Footwear Cares 2015, the Foundation’s national community service program that bri
Gildan Activewear to Acquire Comfort Colors
Gildan Activewear Inc. has signed a definitive agreement to acquire substantially all of the assets of Comfort Colors, a leading supplier of garment-dyed undecorated basic T-shirts and sweatshirts for the North American printwear market…
Foot Locker Recognized as Favorite Shoe Retailer
Findings from a national consumer study by Market Force Information revealed that revealed that Foot Locker is consumers’ favorite shoe retailer, followed by Skechers, Nike, DSW and Famous Footwear…
Under Armour’s Q4 Revenues Jump 31 Percent
Under Armour, Inc. reported net revenues increased 31 percent in the fourth quarter to $895 million. Sales grew 30 percent in apparel, 55 percent in footwear, and 22 percent in accessories. Net income in Q4 increased 37 percent, or 40 cents per share, to
RSG Partners with Registration Site imAthlete
The Running Specialty Group (RSG) President Bill Kirkendall has joined the board of the events registration company imAthlete in a bid to change the way event organizers engage with athletes…
