SGB Update

Skullcandy’s Q3 Revenues Soar 58 Percent

Skullcandy Inc. reported sales jumped 57.5 percent in the third quarter, to $60.6 million. Domestic sales increased 37.2 percent, international net sales jumped 75.9 percent and online sales grew 416.7 percent…

Costco Boasts 10 Percent Comp Gain in October

Costco Wholesale Corporation reported sales of $7.01 billion for the month of October, an increase of 11 percent from $6.30 billion during the similar four-week period last year. Comparable-stores sales grew 10.0 percent…

Sturm Ruger Beefs Up Sales Team

Sturm, Ruger & Company, Inc. announced several senior level appointments to the sales staff, effective immediately. Randell Pence, former executive director of sales, will be relocating to the greater Nashville, TN area to fulfill duties as newly appointe

OBIT: Vans Co-Founder James Van Doren

James Van Doren, co-founder of Vans shoes, passed away at the age of 72. Van Doren co-founded Vans, originally known as the Van Doren Rubber Co., with his older brother Paul in 1966 in Anaheim, CA…

JC Penney Announces Stock Awards for New Execs

In accordance with New York Stock Exchange rules regarding equity inducement awards, J. C. Penney company, Inc. announced that it is granting previously disclosed equity awards to Ron Johnson, its newly appointed chief executive officer, and Michael R. Fr

Specialized, Lululemon Step in to Take over Women’s Cycling Team

Specialized has stepped up to take over the sponsorship of the women’s HTC-Highroad team owned by Bob Stapleton with assistance from Lululemon Athletica. Unable to secure a replacement sponsor to replace cellphone manufacturer HTC in 2012, Stapleton

Target Comps Rise 4.3 Percent in October

Target Corporation reported that its net retail sales for the four weeks ended Oct. 29 were $4.84 billion, an increase of 4.3 percent from $4.64 billion for the four weeks ended Oct. 30, 2010. On this same basis, comparable-store sales increased 3.3 perce

OIA Launches Lecture Series with UC’s Leeds School of Business

Outdoor Industry Association and University of Colorado Leeds School of Business have launched a new lecture series entitled, The Business of Outdoor Recreation. The lecture series will run through the current school year and is designed to bring outdoor

Bon-Ton’s October Comps Stumble

The Bon-Ton Stores, Inc. announced comparable store sales for the four weeks ended Oct. 29, decreased 10.2 percent. Total sales decreased 10.4% to $192.0 million for the four weeks compared with $214.2 million for the prior year period…

LeadmanTri Life Time 250 Coming to Bend, OR in 2012

Life Time Fitness unveiled the 2012 LeadmanTri Life Time EPIC 250 schedule. The category redefining, ultra-distance triathlon will make its return to Las Vegas on Saturday, May 19, 2012…

Totes-Isotoner Completes Acquisition of Manzella

Totes-Isotoner Corporation, the rainwear company, has acquired Manzella Productions, Inc. Manzella, located in Buffalo, NY provides a wide range of gloves for outdoor sport and recreational activities, including skiing, running, hunting and general outdoo

Garmin’s Third-Quarter Fitness Sales Rise 29 Percent

Garmin Ltd. reported that revenue from its Fitness segment increased 29 percent to $69 million in the third quarter ended Sept. 24, while revenues in its Outdoor segment rose 5 percent to $95 million. Despite continued unit volume declines of GPS devices,