Nordstrom’s Profits Soar in Q1
Nordstrom, Inc.'s earnings climb 43.8% in the first quarter to $116 million, or 52 cents per diluted share, from $81 million, or 37 cents per diluted share, for the same quarter last year. First quarter same-store sales increased 12.0% compared with
FOX Racing Shox Hires Nike Exec as First CMO
FOX Racing Shox has hired former Nike GM Paul Fidrych as its first Chief Marketing Officer. The new CMO role has been created to expand the company’s marketing support for its mountain bike, powered sports and…
Kohl’s Profit Jumps 45%
Kohl's Inc. reported a first-quarter profit of $199 million, or 64 cents a share, up from $137 million, or 45 cents, a year earlier. Revenue rose 11% to $4.04 billion from $3.64 billion last year…
TNF Rolls Out PlanetExplore to Midwest
The North Face today has rolled out PlanetExplore, a new online resource for outdoor recreational activities, in the Midwest, starting in Chicago and Minneapolis/St. Paul. Created by The North Face, PlanetExplore is an online community designed to help in
Macy’s Returns to Profitability in Q1
Macy's, Inc. reported first quarter 2010 earnings per diluted share of 5 cents. This compares with a loss of 16 cents per diluted share, excluding restructuring charges, in the first quarter last year…
NBA Opens Store at Shanghai World Expo
The National Basketball Association (NBA) is opening a new NBA Store inside the Shanghai World Expo…
Skechers Launches Leather Accessories Collection
Skechers USA, Inc. signed a licensing agreement with French Craft Leather Goods Co., Inc. to design, produce and distribute a Skechers-branded line of leather goods and accessories for men, women and kids. The new line of belts, buckles and wallets will h
Sales Rise 5% at Easton-Bell Sports, but School Budget Cuts Loom
Team sales carried Easton-Bell Sports Inc. to its first quarter of sales growth in a year, but the company said it remains cautious about its football business as schools nationwide ponder deep budget cuts…
RECALL: Rome Snowboards Bindings
About 2,900 boot bindings from Rome Snowboards are being recalled due to a fall hazard. The base plate on the bindings can break at cold temperatures, creating a risk to the snowboarder, the U.S. Consumer Product Safety Commission said in a statement…
SGMA and NSGA Pledge Closer Cooperation
The Sporting Goods Manufacturers Association (SGMA) and the National Sporting Goods Association (NSGA) are having substantive discussions about working together on projects and initiatives that will benefit the membership of both organizations…
Remington Expands Kentucky, New York Facilities
Remington Arms Company Inc., a Freedom Group Company, proudly announces the expansion of the Ilion, NY and Mayfield, KY firearms plants…
Johnson Outdoor Gets Second Patent for Hummingbird Side Imaging Sonar
Johnson Outdoors said the U.S. Patent and Trademark Office granted it a second patent (U.S. Patent 7,710,825, or '825') for its Humminbird Side Imaging sonar technology, which it is now defending in a infringement case against a competitor…
Nautilus Losses Halved in Q1 on 18.6% Sales Decline
Nautilus, Inc. released unaudited results showing losses narrowed by more than half in the first quarter ended March 31, 2010 despite an 18.6% decline in sales…
Lululemon athletica Boosts Stake in Australian Venture
Lululemon athletica inc. increased its equity interest in its Australian joint venture partner, New Harbour Yoga Pty Ltd., from 13% to 80.3%. The deal marks lululemon's increasing commitment to the market where it operates nine stores and four showro
Wilson Sporting Goods’ Ohio Facility Facing OHSA Fines
The Wilson Sporting Goods factory in Ada, OH, is facing over $37,000 in fines over safety violations…