SGB Update

OIA: Outdoor Industry Finished 2010 Leaner and More Profitable

The outdoor industry emerged leaner and more profitable at the end of last year than it was going into and during the 18-month recession that officially ended in June 2009, according to the first benchmarking reports published by Outdoor Industry Associa

Skechers Sees Toning Markdowns Drag Down Q2

Stung by heavy clearance sales to right-size toning inventories, Skechers USA, Inc. posted a net loss of $29.9 million, or 62 cents a share, in the second quarter…

Oakley, Ray-Ban Propelled by Europe, Athletes in Q2

Luxottica Group S.p.A.’s said net sales at its Wholesale Division, which includes the Oakley and Ray-Ban sunglass brands, rose 11.6 percent at constant exchange rates to €704.0 million ($1.01 bn) in the second quarter ended June 30 from &#8364

Lowe Alpine Returns to Colorado

Equip Outdoor Technologies is moving the U.S. headquarters of the Lowe Alpine brand to the Front Range of Colorado, where the brand was founded in 1967. The move will combine the brand's customer service, distribution and marketing with those of Rab

RECALL: Bravo Sports Pogo Sticks

About 159,000 pogo sticks under Disney character licenses and made by Bravo Sports of Santa Fe Springs, CA are being recalled…

City Sports Enters New Credit Agreement With Wells Fargo

City Sports, the Boston-based specialty athletic retailer with 18 stores in several markets on the East Coast, entered into a new credit agreement and term loan with Wells Fargo Capital Finance. The new credit agreement provides for a revolving credit fac

Warnaco’s Swim Segment Sees 20 Percent Q2 Earnings Gain

Warnaco Group reported sales at its Swimwear Group, which includes Speedo, inched ahead 3.3 percent in the second quarter, to $78.7 million from $76.2 million a year ago. Operating profits climbed 19.6 percent to $10.7 million from $8.95 million a year ag

NRF Applauds Internet Sales Tax Bill

The National Retail Federation said it welcomed the introduction of legislation that would require Internet retailers to collect sales tax the same as local bricks-and-mortar stores…

Crocs Sees Q2 Profit Soar; Easily Tops Street View

With a continued strong response to newer styles, Crocs Inc.'s second quarter profit soared 71.9 percent to $55.5 million, or 61 cents a share. Revenue climbed 29.6 percent to $295.6 million. In April, the squishy-shoe maker projected earnings of 43

Under Armour Raises Guidance After Strong

Powered by a strong reception to its Charged Cotton collection, Under Armour Inc. posted a higher-than-expected quarterly profit and once again raised its revenue and earnings forecast for the year…

Kellwood Adds Yoga Brand

Kellwood acquired Zobha, a California maker of yoga and fitness apparel and accessories that distributes through yoga studios, fitness clubs and its own e-commerce site…