SGB Update

Cabela’s Nearly Doubles Q3 Net Income; Raises Guidance

Cabela's Inc. reported that total revenue for the third quarter increased 2.0% to $624.3 million compared to $611.8 million for the third quarter of 2008. Retail store revenue increased 6.1% and comps rose 3.5% for the period, while direct revenues

Rab Opens U.S. Office; Hires Sales Force

Rab is opening a new Colorado-based office and warehouse. Matt Gowar, Rab’s CEO, now owns the company, which enters its third season on the North American market during the winter of 2009-10…

Grassroots Hires New President/CEO

The Grassroots Outdoor Alliance hired Roanne Miller as the organization's new President/CEO. Miller will take the leadership role effective immediately. Miller replaces David Matz, who served as president of the organization until his departure on

SCARPA Hires Bragg and Co. as N.E. Sales Agency

SCARPA (Società Calzaturiera Asolana Riunita Pedemontana Anonima) North America added new sales representation in the Northeast territory. Bragg & Company will represent the SCARPA brand in Maine, New Hampshire, Vermont, Massachusetts, Connecticut and Rho

Cabela’s Announces Plans for Grand Junction, CO Store

Cabela’s Incorporated and Macerich said it plans to bring Cabela’s retail stores to Grand Junction, CO., and the surrounding area. Cabela’s expects to open the Grand Junction store in early summer of 2010. The 75,000-square-foot store wi

LaCrosse Footwear Q3 Net Declines as Margins Contract

LaCrosse Footwear, Inc. reported net sales of $40.8 million for the third quarter of 2009, up from $40.3 million in Q3 last year. The company sees encouraging at-once demand in certain niche markets and product categories, including outdoor footwear that

GoLite Announces Active-ist Contest Winners

GoLite launched a contest in September to find four everyday outdoor athletes to be featured on its interactive new website and in the company’s marketing communications…

Under Armour Beats Q3 Estimates; Raises Outlook

Under Armour, Inc. reported revenues increased 16.2% in the third quarter to $269.5 million from $231.9 million a year ago. Net income increased 1.9% to $26.2 million, or 52 cents a share, from $25.7 million, or 51 cents, a year ago. Apparel revenues incr

Columbia Becomes Title Sponsor of Muddy Buddy Ride and Run Series

Columbia Sportswear will become the title sponsor of the popular Muddy Buddy Ride & Run Series. The agreement includes naming rights of the 18-event Columbia Muddy Buddy Series, as well as the Columbia Mini Muddy Buddy and designates Columbia as the exclu

Iconix Acquires Controlling Stake in Ecko

Iconix Brand Group, Inc. signed a definitive agreement to acquire a controlling interest in the Ecko portfolio of brands, which represents over $1 billion of annual global retail sales. The Ecko portfolio includes Ecko Unlimited, Marc Ecko, the Rhino logo

Two REI Stores Awarded LEED Gold Rating

REI announced that its stores in Round Rock, Texas and Lincoln Park, Ill. have been awarded LEED (Leadership in Energy and Environmental Design) Gold certification for Commercial Interiors from the U.S. Green Building Council (USGBC)…

Sunglass Hut Expands in South Africa and The Philippines

Luxottica Group S.p.A. announced a further expansion in the Asia-Pacific region of Sunglass Hut. Sunglass Hut will enter into The Philippines and expand its existing presence in the Republic of South Africa through two separate agreements…