Sturm, Ruger Reports 9.2% Q4 Revenue Increase
Sturm, Ruger & Company, Inc. reported sales rose 9.2% in the fourth quarter to $63.9 million from $58.5 million. Earnings climbed to $1.44 a share from 43 cents a year ago…
Invista Launches Anti-Counterfeit Campaign
Invista said it is taking a stance against trademark misuse on behalf of its brands. The owner of the Lycra fiber brand is launching an advertising campaign to reinforce the importance of protecting the value of its trademarks…
Pacific Brands Returns to the Black
Pacific Brands Ltd. reported a profit of Australia $22.2 million (U.S. $20 million) in the six months ended December 31 versus a loss of A$150 million a year earlier. Sales fell 7.8% to A$960.8 million ($853.7 million)…
Grammici Boosts Use of Propreitary Organic Fabrics
Apparel maker Gramicci said organic blends now represent over 60% of the offering in men's wear and 65% in women’s wear. New this year are environmental impact standards in manufacturing, dye and water usage as well as responsible fiber sourcin
Nike Sees Market Share Gains In Soccer
In an interview with Reuters in London, Nike's Chief Executive Mark Parker said newproducts and a marketing blitz at this summer's FIFA World Cup will help it continue to gain market share in soccer…
Saks Narrows Q4 Loss; Comps Fall 4.8%
Saks Inc. reported a net loss of $4.6 million, or 3 cents per share, in the fourth quarter of fiscal 2009, compared to a net loss of $99.7 million, or 72 cents per share, in the year-ago period…
New Balance Details Plans for HQ Expansion
New Balance unveiled its plan for a $250 million mixed-use development alongside its headquarters in Brighton, MA, that would feature a sports complex, hotel, park, movie theater, office buildings, and community space, along with a commuter rail station a
OIA TopLine Report: Outdoor Retail Sales Decline 2% in 2009
The 2009 year-end edition of the Outdoor Topline Report produced for the Outdoor Industry Association (OIA) found that retail sales for all core outdoor stores combined (chain, internet, specialty)* dropped 2% compared to 2008, moving from $5,188,090,096
Obenchain Stepping Down from OIA
Ann Obenchain is stepping down as VP of member services and marketing for Outdoor Industry Association (OIA). She is taking a job as director of marketing and development at Colorado Chautauqua Association…
Crocs Wins Appeal in Patent Case Over Shoe Design
A federal appeals' court overturned a 2008 U.S. International Trade Commission ruling that rejected Crocs Inc.'s claims of patent infringement against shoe makers who sold knock-off versions of the company's foam clogs…
Sears Holdings Doubles Fourth Quarter Profits
Sears Holdings Corp. reported a surge in fourth-quarter profit, reflecting improved gross margins and the absence of last year's costs related to store closings and severance. Revenues declined year-on-year, but exceeded analysts' expectations,
Macy’s Returns to Profitability; Outlook Remains Cautious
Macy's Inc posted better-than-expected profit for the fourth quarter and forecast an improvement in same-store sales this year. Sales fell 1.1% to $7.85 billion. Comp stores slid 0.8%, but that was better than the Cincinnati-based company's fore
JetBoil Names Midwest Rep
Jetboil has added Adventure Sport Marketing to manage its Midwest territory. The agency brings more than 20 years of experience and passion for the outdoors to the Jetboil brand…
GTX Corp Awarded Patents for GPS Shoe Technology
GTX Corp, the maker of 2-way GPS Personal Location Services (PLS) solutions, was recently awarded three new U.S. Patents that it said broadly covers fundamental aspects of providing a GPS location device in footwear…
361 Degrees Credits Chinese Stimulus Spending for Robust Results
361 Degrees International Limited of Hong Kong said sales rose 29.9% to RMB 1.76 billion ($258.0 mm), in the six months ended Dec. 31 with help from the central government's massive stimulus package. The company said that while competition is growing
