Daiwa Seiko Fiscal Q1 Revenues and Profits Sink Double-Digits
Daiwa Seiko Inc. saw fiscal first quarter revenues decline 12.6% to ¥16.56 billion ($170 mm) for the period ended June 30, compared to ¥18.94 billion ($181 mm) in the year-ago quarter. Operating income fell 32.3% to ¥1.38 billion ($14 mm) for the quarter
Dorel Sees Shift to Lower Prices at IBDs
Dorel’s Second quarter Recreational / Leisure division revenue increased by 2.1% to $199.1 million compared to $195.1 million during the same quarter last year. Revenues within the segment’s core bicycle business at the mass merchant level were down from
Mizuno Corp. Fiscal Q1 Profits Halved on Global Revenue Declines
Mizuno Corporation got little help outside of its native Japan in the fiscal first quarter ended June 30 as all non-domestic regions posted strong double-digit declines for the period. Total worldwide revenues declined 9.3% to ¥40.9 billion ($420 mm), co
Asics Corp. Fiscal Q1 Net Plummets Nearly 85%; Forecast Remains
Asics Corporation posted a 16.0% decrease in revenues for the fiscal first quarter ended June 30. Total consolidated worldwide revenues were ¥54.9 billion ($563 mm), compared to ¥65.3 billion ($625 mm) in the year-ago quarter…
Orange 21 Narrows Q2 Net Loss in Tough Market
Orange 21 Inc., the parent company to Spy Optics, reported that consolidated net sales declined 34.8% to $9.1 million for the second quarter compared to net sales of $14.0 million for the three months ended June 30, 2008. Management said that the ongoing
True Temper Q2 Sales Fall 43.8% Amidst Inventory Concerns
True Temper Sports, Inc. reported net sales for the second quarter fiscal 2009 fell 43.8% to $21.1 million from $37.7 million in the year-ago period. Management for the company cited the global recessionary pressures and a weaker retail landscape, and not
Stand up Paddling and Possible Competing Trade Show Create Buzz in Paddlesports Market
As the summer of 2009 nears an end, paddlesports manufacturers are pleasantly surprised by the state of the market. Sales of boats and accessories have clearly been affected by the economic downturn, but industry executives – those who attended OR Summer
The Paddlesports Trade Show Debate Updated
Some of the biggest buzz at the Outdoor Retailer Summer Market event had nothing to do with new product introductions. Early in the show, Jim Marsh, publisher of Canoe & Kayak magazine, announced his intent to launch a new paddling trade show (see BOSS_09
Clarification
Jim Moss, TAPS board member, recently contacted The B.O.S.S. Report wishing to clarify some statements attributed to him in the article New Paddlesports Show Creates Dustup at OR Summer Market, published in BOSS_0930…
Rock Climbing Injuries Increase as Sport Gains Popularity
With approximately 9 million people in the U.S. participating in rock climbing, a new study by researchers at the Center for Injury Research and Policy of the Research Institute at the Nationwide Children’s Hospital revealed a 63% increase in the number o
Access Fund Creates New Tools for Local Climbing Organizations
The Access Fund Land Conservation Campaign (AFLCC) is gaining momentum and helping local climbing access groups save endangered climbing areas. The AFLCC is a multimillion-dollar revolving loan program designed to provide local climbing organizations and
LaCrosse Re-Deploys Former END Employees
Last week, BOSS reported that LaCrosse Footwear made a strategic decision to discontinue END Footwear as a standalone outdoor and running brand (See BOSS_0932)…
Cordura Launches Cordura Cares Program
Invista's Cordura brand team recently launched a new sustainability platform: the Cordura Cares program. The program consists of three “pillars” – Sustainable Performance, Enduring Materials, and Corporate Responsibility. The most tangible aspect of
Millet to Launch Rope Recycling Program
Millet has teamed up with Rhodia, a polyamide recycling company, to develop a system for recovering and re-using polyamide waste. Consumers are asked to return used ropes to retailers in exchange for a discount on a new Millet rope…
RSR Group Makes Sales Management Team Changes
RSR Group, Inc.said Wes Knight was recently promoted to National Sales Manager and Charlie Eklund has assumed the Assistant National Sales Manager position…
