Nike Edges Past ESPN in Sports Brand Survey
In its second Forbes Fab 40, Nike edged out ESPN in its survey of the top-ten Sports Business Brands. The survey placed Nike's sales at $10.5 billion versus $10.3 billion for ESPN. The remaining eight brands on the list included Adidas, $7.3 billion;
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…
Organic Cotton Production Grows 20%
Global organic cotton production rose by 20% in 2009 tipping the scales at 175,113 metric tons (802,599 bales) grown on 625,000 acres (253,000 hectares), according to a report from Organic Exchange (OE). Still, organic cotton now represents just 0.76% of
Sof Sole Becomes Sponsor of Rock ‘n’ Roll Marathon
The Competitor Group (CGI) and Implus Footcare today announced that Sof Sole will become the Official Insole Sponsor of the Rock 'n' Roll Marathon Series. The two-year partnership will begin…
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
OR Winter Market: The Backcountry…
The backcountry market continued to break trail at Outdoor Retailer’s Winter Market tradeshow, both in product innovation and industry buzz. “Backcountry wintersports has become the hardgoods core around which the show revolves,” says Ou
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…
TheClymb.com Offers Controlled Online Liquidation Channel
After working with several outdoor brands for months TheClymb.com, a Portland, OR startup, officially launched. The site essentially offers brands an online channel where they can liquidate excess goods at up to 70% below retail prices in a way that does
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…
Attendance Climbs 7% at ispo, Sets Record
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)…
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
EOG Restructures Board
Members of the European Outdoor Group (EOG) elected David Udberg, managing director, Lowe Alpine UK Ltd, as its new president and also restructure its board. With over 32 years experience working in the European outdoor industry, Udberg has worked for Low
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)…
REI Doubles 2009 Net 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…
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
