Hibbett’s Q3 Profits Jump 27 Percent on 7 Percent Comp Gain
Hibbett Sports Inc. reported sales for the third quarter ended Oct. 29, increased 10.6 percent to $185.2 million compared with $167.4 million for the year-ago quarter. Comparable store sales increased 7.0 percent. Net income climbed 26.8 percent to $16.0
Italy’s Bailo and Vist Merge to Grow International Sales
Bailo SpA and Vist Srl of Italy have merged to create Nuovo Gruppo, which will continue to make outdoor apparel and ski gear. The combined company, which will offer both spring/summer and fall/winter product, expects to grow its sales to €36 million
Lululemon Appoints Facebook Exec to Board
Lululemon Athletica Inc. appointed Emily White to the company's board of directors. White's appointment expands the retailer's board to 10 members…
Dreams Launches University of Louisville Online Fan Shop
Dreams, Inc. has partnered with the University of Louisville to re-launch the team's official Cardinal Authentic online store, shop.uoflsports.com. The partnership with Louisville marks Dreams' 74th web syndication client and its fourth alliance
Bear Mountain Valley Opens Backcountry Academy
Bear Mountain Valley in California has created an adventure academy that will offer multi-day trips in 300 acres of newly accessible backcountry. Winter options include skiing, snowboarding, cross-country and telemark skiing with hands-on workshops in ava
Nike Partnering with MIT
The MIT Leaders for Global Operations (MIT LGO) program has gotten a major boost to its roster of partner companies with the addition of three new firms — Beth Israel Deaconess Medical Center (BIDMC), Nike Inc., and Verizon Wireless — which will benefit
Lifetime Products Acquires Emotion Kayaks
Lifetime Products has acquired the assets of Pennsylvania-based Emotion Kayaks, adding the company’s kayaks to Lifetime’s extensive line of water sports products.
Thomas Strauss, president of Emotion Kayaks, will be joining the Lifetime team
Any Mountain to Open Eighth Northern California Shop
Any Mountain, the outdoor sport shops that specialize in ski and snowboard equipment and apparel, opens its eighth store in Roseville on Friday, Nov. 25. The 14,000-square-foot store will employee 55…
DPS Skis Opens Salon Near Salt Lake City Headquarters
DPS Skis, a boutique maker of carbon fiber skis for the backcountry, has opened its DPS Ski Salon in the Sugar House neighborhood of Salt Lake City…
Darn Tough Vermont Names Mootzilla Rep
Darn Tough Vermont hired Mootzilla Marketing as its sales agency of record to service its dealers in the southern United States, including Texas, Arkansas, Louisiana and Oklahoma. The agency already represents the outdoor brands Louis Garneau, inov-8 Shoe
Nike Hikes Dividend by 16 Percent
Nike, Inc. said its board has declared a quarterly cash dividend of 36 cents per share on its outstanding class A and class B common stock. The quarterly dividend, which is payable on January 3, 2012 to shareholders of record at the close of business on D
SIA’s Snow Show Poised for Growth
Early registration figures indicate the 2012 Snow Show will draw more more retailers, according to organizer SnowSports Industries America (SIA). Retailer pre-registration is up considerably, including an 14% increase in retail shops that haven’t at
Shoe Carnival Q3 Profits Climb 15.1 Percent
Shoe Carnival reported sales for the third quarter of fiscal 2011 increased 5.4 percent to $215.5 million compared to sales of $204.4 million for the third quarter of 2010. Comparable store sales increased 2.8 percent. In the third quarter of fiscal 2010,
Western Ski Resorts Posting Higher Reservations, Room Rates
Bookings for the upcoming ski and snowboard season continue a positive trend upward at western U.S. mountain destinations, according to the most recent report by the Mountain Travel Research Program (MTRiP). The research firm reports that on-the-books occ
Buckle’s Q3 Earnings Rise 12 Percent
The Buckle, Inc. reported third-quarter profits grew 11.6 percent to $38.3 million, or 81 cents per share. Sales increased 12.4 percent to $273.4 million from $243.3 million a year ago. Comparable store sales advanced 9.1 percent…