Columbia’s Third Quarter Growth Nearly As Balanced as It Is Robust
Columbia Sportswear Company reported net sales grew 29 percent to a record $152.2 million in the third quarter with nearly equal contributions from existing and new businesses. Organic sales growth, led by Columbia and Sorel footwear, generated $73.3 mill
Shimano Sees Brisk Bike Components Sales in North America
Shimano Inc. reported sales for the nine months ended Sept. 30 were up nearly 21 percent compared with the same period last year thanks in part to a weaker yen. Sales of of Bicycle Components were brisk in North America, while sales of Fishing Tackle were
Evolv Names Market Manager
Evolv, which makes climbing and outdoor footwear, has hired Kelsey Reddoch as its marketing manager…
Sturm, Ruger Q3 Profits Tumble
Sturm, Ruger & Company, Inc. reported net earnings tumbled 76.3 percent to $6.78 million, or 34 cents a share. Revenues fell 42.5 percent to $98.3 million. The sales decline was attributed to the reduction in overall consumer demand as well as retailers b
Outtech Named to Represent AirForce Airguns
AirForce Airguns, manufacturer of a production pre-charged pneumatic airgun, announces a strategic partnership with Outtech, Inc. to enhance domestic sales and marketing at all levels…
Boot Barn Prices IPO
Boot Barn Holdings, a western apparel and footwear retailer with 158 stores in the US, raised $80 million in its initial public offering. The company offered 5 million shares at $16, the high end of its $14-$16 price range…
New RSM Joins Crimson Trace
Crimson Trade, a manufacturer and supplier of laser sighting systems and tactical lights for firearms, has selected Dustin Gimmy as the regional sales manager (RSM) for the Midwest States of Missouri, Illinois, Nebraska and Kansas…
TIA Data Points to Improving U.S. Tennis Market
Tennis Industry Association reports that wholesale shipments of tennis products improved in the third quarter, with shipments of balls up mid-single digits and sales of high-end racquets up a surprising…
HandG Marketing Partners with Eagle Imports, Inc.
H&G Marketing will now cover the TALO region of US supporting Bersa, Metro Arms, Comanche and the new Grand Power brand of handguns, all imported by Eagle Imports, Inc…
Sequoia Capital Invests in Strava
Strava, the social fitness app that has become popular in the road cycling community, has raised $18.5 million in a Series D funding round with help from Sequoia Capital, a venture capital fund whose more recent successes include Instagram, WhatsApp and S
Saucony Launches Whoa Marketing Campaign
Coinciding with the TCS New York City Marathon, Saucony is launching the Whoa marketing campaign, the new multichannel global marketing platform that “articulates − with just one word−the absolute expression of delight and surprise that runner
Strava Raises $18.5 Million in Fresh Capital
Strava, the online network connecting the global community of athletes, has partnered with Sequoia and secured $18.5 million in financing. Existing investors Sigma West and Madrone Capital Partners also participated in the round. This funding will allow S
Asics Opens NYC Flagship Location
Asics opened a flagship location in New York City on 42nd Street between Broadway and Sixth Avenue. The store features a floor-to-ceiling glass exterior on the front of the building and an old New York City Subway car from 1961 inside…
Trademark Issue Complicates GoLite’s Chapter 11 Reorganization
Coupounas LLC is striving to find investors willing to buy it as a going concern by Nov. 10, despite losing rights to use the GoLite trademark it sold to Timberland in 2006, according to an Oct. 24 motion filed in the company's Chapter 11 bankruptcy
Patagonia’s $20 Million and Change Invests In Bureo Skateboards
Patagonia Works, which includes Patagonia, Inc., as well as Patagonia Media and Patagonia Provisions, announced a a seed investment in Bureo Inc., a company that has established a fishing net collection and recycling program along the coast of Chile. Bure
