Adidas Restructures U.S. Staff
Adidas America, Inc., last week laid off a small number of employees as part of a U.S. restructuring at its Portland, OR headquarters but indicated that it still expects to see job growth in the U.S. this year…
Amer Sports Increases Fourth Quarter Profits Despite Sales Decline
Amer Sports’ fourth quarter was impacted by challenging conditions in the sporting goods market throughout 2009 as well as weak global economic conditions and uncertainty about the financial markets' performance…
Sport Chalet Sees Tax Relief Help Narrow Fiscal Q3 Loss; Comps Fall Again
With help from tax loss carry-forwards extended under last year’s stimulus package, Sport Chalet, Inc. cut its net loss for the fiscal third quarter by 88% despite a decline in sales…
Trek Bicycles Reaches Settlement with Former Racing Champion Greg LeMond
Trek Bicycles has come to terms with racing legend and three-time Tour de France champion Greg LeMond, over a lawsuit filed nearly two years ago. Under the terms of the settlement, Trek has agreed to make a pair of $100,000 donations to a charity called O
Sport Supply Group Fiscal Q2 Sales Increase, but Earnings Down on Debt Retirement
Sport Supply Group reported that sales increased 4.4% for its second fiscal quarter ended December 31 to $55.5 million from $53.1 million in the year-ago period. Earnings fell by 12.4% for the quarter, from $1.1 million to $0.9 million in the latest quart
Johnson Outdoors Narrows Fiscal Q1 Loss
Johnson Outdoors, Inc. cut its losses from continuing operations by more than a third in the fiscal first quarter ended Jan. 1 on a 1% rise in net sales, primarily driven by a resurgent diving business and a 3.5% sales gain at its largest business – marin
Unifi Swings to Fiscal Q2 Profit
Unifi, Inc., reported net income of $2.0 million, or 3 cents per share, for the second quarter of fiscal 2010 compared to a net loss of $9.1 million, or 15 cents per share, for the same prior-year period…
RECALL: Summit Tree Stands
A recall has been issued involving numerous models from Summit Tree Stands. The recall will affect approximately 6,800 Talon Hunting Hang-on Tree Stands and Brackets/Straps…
Timberland Fourth Quarter Earnings Soar Despite Flat Sales
The Timberland Company saw fourth quarter earnings jump nearly 70% despite flattish revenues as strong growth from the SmartWool brand and performance footwear were offset by declines in boots in North America and Asia…
Asics Corp Sees Double-Digit Sales Decline in Fiscal Q3; U.S. Up Single Digits
Asics Corporation posted an 11.0% decrease in revenues for the fiscal third quarter ended December 31. Total consolidated worldwide revenues were ¥164.3 billion ($1.83 bn), compared to ¥184.6 billion ($1.90 bn) in the year-ago quarter…
LaCrosse Footwear Sees Fourth Quarter Profits Double on Military, At-Once Orders
As was the case in the preceding reporting periods of 2009, LaCrosse Footwear continued to laud its military business as its primary growth driver for a fourth quarter that saw the company double its profits on revenues that surged more than 20%…
Hi-Tec Sports Sees Flat U.S. Sales; Outdoor Registers Modest Gains
Hi-Tec Sports’ sales in the U.S. were flat in 2009 as declines in its Magnum footwear line targeting the uniform and work footwear market offset modest gains at the core Hi-Tec outdoor footwear line…
Canadian Medical Journal Recommends Ski Helmets
Ski helmets, which have been gaining in popularity since several high profile skiing fatalities, got a boost from a Canadian medical journal last week…
China Protests EU Tariffs
China filed a complaint against European Union shoe tariffs at the World Trade Organization as Beijing continued its legal assault on what it says is unfair Western protectionism. Europe has grown increasingly concerned about China's balance of trade
Golf Round Totals Down in December
An unseasonably-cold December resulted in a 14.7% decline in monthly golf rounds played compared to the same year-ago period, according the latest figures from Golf Datatech. For the year, rounds remained relatively stable, falling only 0.6% in 2009 from
