Acushnet Golf Posts Strong Sales and Profit Gains in First Quarter
Fortune Brands, Inc. is reporting that first quarter comparable revenues in the company’s Acushnet Golf segment, which excludes foreign currency exchange rates, the impact of the sale of Cobra and restructuring and other charges sales in the continu
SGMA Partners with Active Network
The Sporting Goods Manufacturers Association (SGMA) has teamed up with The Active Network, Inc., a provider of organization-based cloud computing applications, to understand consumer behavior around U.S. sports participation. In particular, the firms plan
K-Swiss, Inc. Posts Wider Q1 Loss But Sales and Backlog Continue to Build
While K-Swiss, Inc. remained in the red in the first quarter due to heavy marketing investments, but the brand’s top-line gains driven by its Tubes collection are offering some hope for a recovery…
Kate’s Real Food Adds Two to Sales Staff
Kate’s Real Food added Chris Rogers and Sarah Niklas to its sales staff effective immediately…
Puma Parent PPR to Acquire Volcom in $607.5 Million Deal
PPR SA, the French-parent of Puma as well as luxury brands such as Gucci and Yves Saint Laurent, agreed to buy action sports-inspired apparel maker Volcom Inc for $607.5 million. Volcom will be the first brand outside Puma in PRR's new Sport & Lifest
Easton-Bell Sports Posts Q1 Loss Despite Strong Bike Products Performance
Easton-Bell Sports Holdings reported its fifth consecutive quarter of revenue growth for the first fiscal quarter ended April 2 as strong results from the company’s bicycle products pushed company revenues up 4.8 percent versus the year-ago period..
Big 5 Sporting Goods Q1 Results Hurt By Tough Economy, Rising Insurance Costs
High gas prices and unemployment are nibbling away at customer traffic to Big 5 Sporting Goods’ 396 stores, so the retailer will up its promotions in the second quarter…
Adidas Among Final Bidders for Acushnet Co.
Adidas AG and Blackstone Group LP are among the companies vying for Acushnet Co., Fortune Brands Inc.'s golf division that includes Titleist and FootJoy, sources told Bloomberg News. Offers are due May 9, and Fortune Brands may negotiate with multipl
Blacks Leisure Sees Light at End of Turnaround Tunnel; Hires New CEO
Blacks Leisure reported significantly lower losses for the 2011 fiscal year and said it was able to persuade lenders to extend banking facilities from December 2011 to November 2012 by recruiting a new CEO, who will take the helm late this summer as the B
Human -powered Recreation Generates 87,000 Jobs in Arizona
More than 87,000 Arizona jobs and $371 million in state tax revenues are supported by “human-powered recreation” such as climbing, hiking, mountain biking and camping in Arizona, according to a study released by the Access Fund, the national o
Timberland Shares Tumble on First Quarter Profit Shortfall, Increased Costs
The Timberland Company, Inc. reported another solid quarter of top-line growth but first quarter profits fell well short of Wall Street's estimates due to higher product costs. TBL shares fell 27.7 percent last week to close at $32.67 on Friday…
Broder Bros. Q1 Sales Climb 13.5 Percent
Broder Bros. reported first quarter 2011 sales were $173.9 million compared to $153.5 million for the first quarter 2010. Income from operations for the first quarter 2011 was $6.5 million compared to a loss of $3.3 million for the first quarter 2010…
Johnson Outdoors Fiscal Q2 Propelled By Resurgent Marine Electronics Business
Johnson Outdoors Inc. reported record sales and earnings in the second quarter ended April 1 as dealers loaded up on its trolling motors, fish finders and other marine electronics…
Forzani to Be Acquired by Canadian Tire
Forzani Group Ltd., Canada's largest sporting goods chain, reached an agreement to be acquired by Canadian Tire in a deal valued at Canadian $771 million (U.S. $800 mm). Canadian Tire said the the merger will create “Canada's ultimate authority
Weyco’s Q1 Impacted by Bogs Acquisition
Weyco Group Inc.'s earnings slid 12.8 percent in the first quarter, to $3.4 million, or 30 cents a share, dragged down in part by acquisition of The Combs Co., owner of the Bogs and Rafters footwear brands. Sales were up 6.7 percent at $65.1 million.
