Lululemon Upgrades Fourth Quarter Guidance
Lululemon Athletica Inc. upgraded its net revenue and earnings guidance for the fourth quarter ending Feb. 1. after comparable stores sales came in higher than forecast. The active wear company now anticipates net revenue will be in the range of $595 mill
Project Zero Avalanche Safety Campaign to Launch at SIA Snow Show
Project Zero is launching its first targeted campaign, Backcountry Starts Here (BSH), at the SnowSports Industries America (SIA) 2015 Snow Show, which begins on Jan. 28, 2015, in Denver, CO…
NSF International Launches Global Traceable Down Standard
NSF International has released the new Global Traceable Down Standard (GTDS), a rival to the Responsible Down Standard developed by The North Face and Allied Feather & Down in collaboration with Control Union Certifications. The new standard is based on P
Wolverine Refines Q4 Sales Forecast, Issues Preliminary FY15 Guidance
Wolverine Worldwide Inc. said fourth quarter sales and earnings would reach the high end of its guidance, but expects diluted earnings per share to come in flat in 2015 due to a strong dollar, the phasing out of Patagonia footwear and rising pension expen
Tilly’s Raises Fourth Quarter 2014 Outlook
Tilly’s, Inc. said that based on the results for the holiday period, the company now expects fourth quarter comparable store sales to increase 1.0 percent to 3.0 percent, and net income per diluted share to be in the range of 21 to 23 cents a share,
GoPro: Growth Just Starting
Despite selling over 4 million units over the last 12 months, GoPro sees no signs of saturation in the action camera category. And despite the arrival of Sony, HTC Corp., Panasonic and Garmin, GoPro doesn’t see threats to its dominant position in th
Upbeat Holiday Forecasts Arrive
According to initial forecasts, holiday sales came in better than expected. The gains are attributed to the improving economy, including a rebounding job market and lower gas prices, as well as robust online selling…
Zumiez and PacSun Lead Strong Holiday Sales
Supporting some upbeat holiday forecasts, Zumiez and Pacific Sunwear of California both raised fourth-quarter guidance after reporting healthy comps in December. A few department stores also showed above-plan performances although both Macy’s and JC
Federal Mediators Join Stalled PMA-ILWU Contract Talks
Hope that increasingly contentious contract negotiations between the companies and labor union running West Coast ports would not deteriorate into a paralyzing lock out or strike was bolstered last week when federal mediators said they would join the talk
UA Outdoor Hires First PR Firm to Focus on Outdoor/Action Sports
Under Armour's Outdoor Performance Division hired Groundswell PR to boost the profile of its outdoor products in the outdoor and action sports arenas. The hire marks the first time since UA launched the division in 2006 that it has hired a PR/marketi
Mike’s Bikes Secures Credit Facility for Continued Expansion
Mike’s Bikes, which bills itself as the largest independent bike dealer in the country, has secured a multi-million-dollar credit facility that will enable it to implement it strategic growth plans…
Fiskars to Pay $2.6MM to Settle CPSC Complaint Against Gerber
Fiskars Brands Inc. of Madison, WI has agreed to pay a $2.6 million civil penalty and abide by a consent decree to settle a federal lawsuit alleging it knowingly failed to report dangerous defects in an axe made by Gerber Legendary Blades to the U.S. Cons
Dorel’s Bike Business Resumes Growth Mode
Dorel Industries Inc. unveiled a series of changes at its nearly $1-billion-year bicycle business last week, including eight new managers, a new name and its first subsidiary in Chile. The announcements mark a shift back to growth mode after more than a y
PacSun Comps Break Out in December
Pacific Sunwear of California, Inc. reported comparable store net sales during the month of December increased 9 percent compared to the same period a year ago…
Cannondale-Garmin Team Showcases 2015 Team and Technology
Cannondale-Garmin Pro Cycling showcased its 2015 team and the cycling products they will be using at a VIP event in New York City Wednesday night. Products from sponsors Cannondale, Garmin, New Balance, Mavic, Castelli, POC, FSA/Vision, Fizik and Kinnetic
