Industry Execs Provide Outlook for Year Ahead
While it appears that the U.S. downturn may be bottoming out and the recession declared “over,” the sporting goods industry isn't looking for strong recovery in 2010. Despite some healthier sales over the back-to-school season and early c
Ironclad Sees Q3 Sales Slip 11.6%; Swings to Profit
Ironclad Performance Wear reported that net sales for the third quarter of 2009 decreased 11.6% to $3.6 million from $4.1 million a year ago as special promotions in the prior year did not coincide with the third quarter of 2009. Net income for the compan
Pacific Sunwear Q3 Sales Down 17%; Loss Widens
Pacific Sunwear of California, Inc. announced that net sales for the third quarter of fiscal 2009 ended Oct. 31 were $268 million versus net sales from continuing operations of $324 million a year earlier. Same-store sales decreased 18%. The net loss grew
Head NV Sees Weakness in Winter Sports in Q3 while Margins and Profits Improve
Head N.V. continues to see weakness in its Winter Sports division despite a strong start to the winter season throughout much of North America and the Alps. The company reported net revenues were down 1.0% to €92.2 million ($132 mm) for the three mo
Johnson Outdoors’ Watercraft Segment Sets New Course with Restructuring in Old Town
With its watercraft division now fully consolidated in Old Town, Maine, Johnson Outdoors held a celebration last week that drew state and city officials, corporate executives and rank-and-file employees to a showcase of its newly refurbished 136,000 squar
NRF: Retail Sales Dip in October
Retail industry sales, excluding auto, gas and restaurant sales, were down 1.3%, over October of last year and flat over September, according to the National Retail Federation. Sales including autos, gas and restaurants increased 1.4% over the previous mo
Best Buy Testing Fitness Equipment Departments
Best Buy last week launched a test of fitness equipment departments in 40 of its 1,040 stores. Stores in Arizona, Colorado, Iowa, Maryland, Massachusetts, Nebraska, New Mexico and Texas began selling pedometers, special MP3 players, yoga mats, scales and
Backcountry.com Parent Finding Profitable Growth Amid the Recession
Although it's seeing some price resistance along with many other retailers, Backcountry.com continues to generate sales gains year-to-date and remains profitable…
M.J. Soffe Looking to Add Capacity
M.J. Soffe is looking to increase capacity in screen printing following strong demand for its decorated products. In an interview with The Fayetteville (NC) Observer, Soffe President Ken Spires said that “our sales guys really did a great job in getting s
European Outdoor Group Seeks New Sustainability Standards
The EOG’s Standards and Regulations Committee, which is part of the Sustainability Working Group, will aim to compile the definitive industry resource in the form of an open database with regard to the different regulations, standards and labels ass
Berkshire Apparel Unit Sees Q3 Declines
Manufacturing segment, which includes Fruit of the Loom, Russell, Bike Athletic, Spalding and Brooks Sports, slid 12.9% to $3.24 billion from $3.72 billion in the year-ago period. Pre-tax earnings for the segment were $293 million, a decrease of $185 mil
OIWC Opens Nominations For 2010 Women’s Leadership Awards At SIA
The Outdoor Industries Women's Coalition is accepting nominations for the 2010 SnowSports Industry Pioneering Woman and First Ascent awards…
Nautilus Q3 Sales Sink on Tapered Inventories; Looks to Unload Commercial Ops
The back-half of fiscal 2009 picked up where the front-end left off for Nautilus, Inc. as the company reported general weakness in all of its major segments. Net sales from continuing operations for the Vancouver, WA-based fitness manufacturer fell 33.9%
ISIS for Women Co-Founder Poppy Gall Exits Company
Poppy Gall, a co-founder and long-time chief design officer of ISIS for Women, has left the company to launch her own creative design services firm…
Heelys Woes Continue as Q3 Domestic GM Nears Zero; Japan Keeps International Alive
Heelys, Inc. continued to swirl deeper into insignificance in the third quarter as domestic sales plummeted nearly 83% and the company came close to losing money on every pair it sold in the U.S. as gross margins approached zero percent of sales…
