TomTom Reports Q1 Profit, Ups 2014 Forecast
TomTom reported higher revenue, gross margins and earnings for the first quarter…
Muck Partners with The Fabulous Beekman Boys
The Original Muck Boot Company announced the brand’s first fashion collaboration with The Fabulous Beekman Boys. Inspired by the growing farm-to-table movement, Brent Ridge and Josh Kilmer-Purcell transplanted themselves from New York City to a farm
Safilo Group’s Reports Higher Sports Products Sales in First Quarter
Safilo Group SpA reported sales of Sports Products, which includes its Smith Optics brand, reached €16.1 million in the first quarter, up 0.9 percent, or 4.3 percent in currency-neutral (c-n) terms…
REI Members Elect Two New Directors
REI’s members recently elected Karen E. (Kari) Glover and Sharon Philpott to three-year terms and re-elected Cheryl Scott to a three-year term…
Skechers Named Fashion Brand of the Year by UK Magazine
Skechers USA, Inc. was named Fashion Footwear Brand of the Year at The Footwear Industry Awards. The awards was supported by the British Footwear Association (BFA), Independent Footwear Retailers Association (IFRA), Society of Shoe Fitters and Footwear To
Foot Locker Foundation Unveils Scholar Athletes Recipients
Foot Locker Foundation, Inc., the charitable arm of Foot Locker, Inc., announced the twenty recipients of the Foot Locker Scholar Athletes Program. Each student will receive $20,000 in college scholarships, totaling $400,000…
Columbia Sportswear Ups FY14 Guidance on Strong Q1 Results
Columbia Sportswear Company raised its 2014 outlook after announcing record first quarter net sales, a sharp increase in first quarter profits, surging wholesale demand for its fall 2014 products, strong results at its new Chinese joint venture and the ac
Big 5’s Q1 Profits Tumble 72 Percent As Firearms Sales Wane
Big 5 Sporting Goods reported that net sales fell 6.1 percent to $231.3 million in the fiscal 2014 first quarter compared to the first quarter of fiscal 2013 as sales of firearms, ammo and related products tapered off as expected. Same-store sales declin
Columbia Sportswear Agrees to Buy prAna
Columbia Sportswear Company has signed a definitive agreement to acquire control of the yoga/rock climbing-inspired apparel brand prAna for $190 million in cash. PrAna sales grew at a compound annual growth rate of more than 30 percent between 2010 and 20
Yue Yuen Strikes Estimated to Cost $60 Million
Yue Yuen Industrial (Holdings) said a labor dispute that stopped some of its production this month will cost it nearly $60 million initially—and the bill could climb. Production at a footwear factory in southern China's Guangdong province has resumed
Nike Sues Ex-Employees Over Stolen Sneakers
Nike filed a federal lawsuit among five individuals, including three former employees, accusing them of stealing and selling sample and promotional basketball shoes, according to a report in The Oregonian…
FeraDyne Outdoors Sold to PE Group
FeraDyne Outdoors, LLC, the manufacturer of archery and bow hunting products and accessories, has been acquired by Snow Phipps Group, LLC, a New York-based private-equity firm…
Columbia Sportswear Ups FY14 Guidance on Strong Q1 Results
Columbia Sportswear Company raised its 2014 outlook after announcing record first quarter net sales, a sharp increase in first quarter profits, surging wholesale demand for its fall 2014 products, strong results at its new Chinese joint venture and the ac
Amazon.com Opens Wearable Technology Store
Amazon.com, Inc. launched Tuesday its Wearable Technology store – a one-stop shop where customers can shop activity trackers, smart watches, wearable cameras and more devices from Samsung, Jawbone, GoPro and emerging brands such as Basis and Misfit as we
Hunters, Shooters Plan to Keep Spending
Regardless of the recession companies that make and sell shooting and hunting products have been fortunate to enjoy a steady stream of business…
