VF Corp. Q4 Net Drops After Write-downs…
Led by growth from The North Face, Vans and 7 For All Mankind, and higher margins resulting from its owned-retail expansion, VF Corp. wrapped a better-than-expected fourth quarter and forecast profitable growth in 2010. Still, overall Q4 earnings decline
AAFTA Promotes Lower Booth Costs for New Fly Fishing Show
The American Fly Fishing Trade Association (AAFTA) said rates for standard inline booths at its inaugural International Fly Tackle Dealer Show to be held in Denver Sept. 9-11 will be 18% lower than those charged at the 2009 Fly Fishing Retailer show it is
REI Doubles 2009 Net Profit on 1.5% Increase in Sales
Recreational Equipment, Inc. (REI) reported pre-audited earnings in 2009 more than doubled to $29.8 million from $14.5 million a year ago. Revenues improved 1.4% to $1.45 billion from $1.43 billion…
January Retail Sales Up 3.2%
January retail sales increased 0.5% over December results, according to a report by the U.S. Department of Commerce – slightly better than the 0.3% increase originally forecast by economists surveyed by Dow Jones Newswires. The report also showed Decembe
GSI Commerce Net Profit Improves in Q4
GSI Commerce, Inc. reported earnings inched up 2.2% to $23.6 million, or 38 cents a share, in the fourth quarter as revenues advanced 9.9% to $430.2 million. The e-commerce services provider also forecast first quarter revenue above Wall Street expectatio
Mizuno Corp. Lowers Outlook After Tough Q3
Mizuno Corp. for the second year in a row lowered its fiscal full-year forecast after weak fiscal third quarter sales brought new realities of the business into focus. The company reported last week that the declines in the golf business had moved into po
Cybex Int’l Sees Double-Digit Declines in Strength Equipment and International in Q4
Cybex International saw continued weakness from its strength segment in the fourth quarter of fiscal 2009, an issue that management said earlier in the year had prompted the company to expand focus to its other segments…
Gildan Sees Resurgent U.S. Distributor Market in Fiscal Q1 Results
Gildan Activewear, Inc., said a strong recovery in Activewear and Underwear provided a boost for the company’s first quarter of fiscal 2010 and propelled its top line and earnings to double-digit growth…
Burton N.A. Staff Cutbacks to Help Restore Salaries
In a concerted effort to reorganize the company’s infrastructure, Burton has cut less than 2% of its global employee base. Cutbacks pertained solely to the company’s North American staff. The decision has allowed Burton to reinstate salaries a
Interbike and HFB to be Co-Located
Interbike and the Health and Fitness Business Expo will be co-located in Las Vegas in September. Nielsen Business Media has decided to combine the shows in one venue this year…
Shimano Inc. Sees Rebound Ahead After Double-Digit Sales Decline in 2009
Days after announcing it was streamlining sales and marketing operations in Europe, Shimano Inc. reported that its operating income plunged 45.7% on a 20.6% decline in sales…
Weakness Continues for Cutter and Buck
Wave Group's Sports & Leisure segment, which includes Cutter & Buck and Craft and Seger, saw its revenues decrease 13% for the fourth quarter, to SEK (Sweden Kronor) 344 million ($47.5 mm) but EBITDA increased 8.5% to SEK 31.9 ($4.4 million). Craft s
ispo Sets Record as Attendance Climbs 7%
Financial tremors in Europe failed to squelch enthusiasm for the 70th annual ispo show in Munich, where attendance grew 7%, according to show owner Messe München International (MMI)…
Rawlings Names David Hill Senior Directof of Fall Products
Rawlings has named David Hill to the newly-created position of Senior Director, Fall Products. Hill will assume responsibility for driving the football and basketball businesses for the company, while advancing the product lines in the fall sports categor
Sporting Classics Magazine Presents Award to Remington’s Parker Gun
Sporting Classics Magazine has presented its 2009 Award of Excellence in the Timeless Classic category to Remington Arms Company, Inc. for the company’s commitment in offering the exceptionally-handcrafted Parker AAHE 28-gauge double barrel side-by-
