Americas Weakness Weighs on Crocs Q1
With marked softness in the U.S. making up for a healthier performance overseas, Crocs, Inc. reported earnings tumbled 78.0 percent in the first quarter, to $6.4 million, or 6 cents a share. Excluding certain charges, the company reported a non-GAAP net i
Danskin Paces Iconix Group’s Sports Segment in Q1
Danskin Now, an exclusive brand for Walmart, was called out as one of Iconix Brand Group’s “strongest performers,” across the company’s wide portfolio. On a conference call with analysts, Seth Horowitz, who was recently promoted to
Luxottica Group Buffeted by Exchange Rates, Weather in Q1
Luxottica Group reported net sales fell 1.2 percent to €1.8 billion in the first quarter ended March 31, but were up 4.2 percent in currency-neutral (c-n) terms as unfavorable exchanger ates, North America's harsh weather and weak sales at its
Harsh U.S. Weather, Exchange Rates Dampen Luxottica’s Q1 Results
Luxottica Group reported net sales declined 1.2 percent to €1.84 billion ($2.52 bn) in the first quarter as exchange rates trimmed sales by more than -5 percent, compounding challenges presented by harsh weather in North America that curbed sales of
Crocs Sees 78 Percent Income Decline in First Quarter
Crocs, Inc. reported earnings tumbled 78.0 percent in the first quarter, to $6.4 million, or 6 cents a share, from $29.0 million, or 33 cents, a year ago. Revenues inched up 0.2 percent to $312.4 million as strong gains in the Asia-Pacific region helped o
Umbro to Sponsor Hull City
Premier league team Hull City and Umbro announced a technical kit and sportswear partnership that will begin on 1 June, 2014…
Jarden Outdoor’s First Quarter Earnings Off Double Digits
Jarden Corporation reported earnings at its Outdoor Solutions segment fell 22.3 percent to $55.3 million in the traditionally slow quarter ended March 31, when sales fell off 1.6 percent. While sales by its snow sports brands (K2, Madshus, Marker, Marmot
Jarden Outdoor Maintains Growth Targets Despite Q1 Declines
Jarden Corporation reported sales dipped at its Outdoor Solutions segment in the quarter ended March 31, in part because poor stocking by one major retailer affected sell through of some of its products…
RSG Acquires Detroit’s Running Fit
The Running Specialty Group (RSG)announced Thursday that it had acquired eight specialty running stores in Greater Detroit, Ann Arbor and Traverse City from co-owners Randy Step and Steve Angerman to become part of the Running Specialty Group (RSG). This
Decathlon Sales Neared $10 Billion Mark in 2013
Oyxlane, the French parent company of Decathlon, reported sales increased 6.1 percent in 2013 to €7.4 billion ($9.8 bn) in 2013 on comparable store sales growth of 1.3 percent…
VF Outdoor Canada to Distribute SmartWool Starting in 2015
SmartWool LLC will begin operating in Canada through parent company VF Corp’s Canadian platform, VF Outdoor Canada in 2015. SmartWool will join The North Face, Vans, Reef and Jansport to take advantage of the logistical, planning and back office sup
Spartan Race Creates Non-Profit to Govern Obstacle Races
Spartan Race, Inc. selected adventure race icon Ian Adamson to lead the International Obstacle Racing Federation (IORF), a new non-profit organization it has created to serve as the international governing body of the sport of obstacle racing. The effort
Bogs Footwear Sustains Double-digit Growth in First Quarter
Bogs footwear sales grew 23 percent in the quarter of 2014, according to parent company Weyco Group, Inc. Weyco, which also owns the Florsheim and Nan Bush footwear brands, reported sales of $74.9 million for the quarter, an increase of 2 percent compared
Steve Madden Posts Modest Q1 Earnings Increase
Steve Madden reported sales increased 9.2 percent in the first quarter, to $304.6 million compared to $278.9 million in the same period of 2013…
Scott Sports Announces Departures and New USA EVP
Scott Sports announced that long time executive vice president, Larry Morton, and winter sales and soft goods manager, Shauna Unser, will no longer be with Scott Sports. The multi-divisional brand also announced that John Quinn will be the new USA executi
