Shimano Q3 Net Income Plummets on Weak Asia Market
Shimano, Inc. reported that the third quarter top-line improved from the second quarter and the year-to-date trends, with consolidated revenues declining 19.5% to ¥44.38 billion ($474 mm). Third quarter sales declined most in Asia and Japan, while North
Diadora Licenses Soccer in the U.S.
Golden Viking Sports, an entity owned and headed by Diadora America President William Nuttall, has entered into a license agreement for the U.S. market for the Diadora brand. The new license follows the sale of Italy-based Diadora S.p.A. to Italian holdin
West Marine Sees Fiscal Q3 Comps Decline 4.3%
West Marine, Inc. reported net revenues decreased 6.7% to $168.2 million for its 2009 fiscal third quarter ended October 3. Comparable store sales decreased 4.3% from last year…
Timberland’s Q3 Earnings Climb 23.1%
The Timberland Co. reported revenues in the third quarter were relatively flat at $421.8 million compared to the prior year but was up 1.7% on a constant dollar basis, reflecting strong growth in the boots business in Europe and SmartWool brand offset by
Sport Chek Launches Full-Scale E-Commerce Site for Canada
Sport Chek will launch a newly designed e-commerce website. Sport Chek customers across Canada can now access thousands of styles around the clock through an additional on-line sales channel…
Blacks Leisure Submits Restructure Plan, First Half Loss Widens
Blacks Leisure Group PLC, the UK outdoor retailer, submitted a restructuring plan to its bank while significantly increasing its losses in the first half…
CIT Secures $4.5 Billion Credit Facility
CIT Group Inc obtained $4.5 billion of additional financing from its creditors as it seeks to complete a debt exchange. The new financing, which adds to a $3 billion loan arranged in July, is being provided by a group of lenders including some of CIT'
Marker Völkl USA Collaborates with Gibson Guitar
Marker Völkl USA, distributor of Völkl skis and Marker bindings, has partnered with Gibson Guitar Corporation to produce a series of unique electric guitars.Marker and Völkl themed guitars will be produced in Gibson`s Custom Shop in Nashville, Tenness
Amer Sports Q3 Net Falls on Weaker Wilson, Precor Sales
Amer Sports reported that net sales for the third quarter declined 5.2% to €410.6 million ($587 mm) from €433.2 million ($653 mm) in the year-ago quarter. Currency-neutral sales declined 6% for the period. Total Amer Sports gross margins decl
Big Rock Sports Opens East Coast Distribution Center
Big Rock Sports opened the doors of their newly completed 310,000 square foot warehouse in Hamlet, NC on October 21st. Over 150 people gathered to celebrate the official grand opening of the Henry’s Distribution Center, which has been operational in
Callaway’s Q3 Profit Sink 25%; Sales Down 11%
Callaway Golf Company said third quarter net sales slid 11% to $190.9 million from $213.5 million in the year-ago period. On a currency neutral basis, the company said net sales would have been $194 million, a decrease of 9% compared to the third quarter
Rome Adds Independent Rep for Michigan and Indiana
Outdoor cookware manufacturer, Rome Industries, Inc. announced the addition of Marc Nigg to their roster of independent reps for the outdoor industry…
Mill Mountain Conservation Easement
Virginia Governor Timothy M. Kaine highlighted the Virginia Outdoors Foundation’s approval of 17,000 acres throughout Virginia to be placed under conservation easement…
Volcom’s Q3 Revenues Drop 15.9%
Volcom, Inc. reported sales fell 15.9% to $93.9 million compared with $111.7 million in the third quarter of 2008. Total revenues in the company’s U.S. segment, which includes revenues from the U.S., Canada, Japan and most other international territ
Volcom’s Q3 Revenues Drop 15.9%
Volcom, Inc. reported sales fell 15.9% to $93.9 million compared with $111.7 million in the third quarter of 2008. Total revenues in the company’s U.S. segment, which includes revenues from the U.S., Canada, Japan and most other international territ
