Hyde Joins Cerf Bros. Bag as VP of Sales
Cerf Brothers Bag Company, a 94-year-old manufacturer of packs, luggage and bags for the outdoor industry, has named industry veteran Ron Hyde as vice president of sales, said Brian Spanel, chief executive officer…
Adidas India to Open 200 Stores by Year’s End
Adidas India plans to open 200 outlets before year's end, reports indiaretailing.com. The stores will be located in a range of markets, from high to low tier cities. According to the report, adidas India presently has over 450 stores, 130 of which ar
Rossignol Group Re-Structures Due to Economy
The Rossignol Group, acquired by Chartreusse and Mont Blanc late last year, said that due to the current economic and winter sports market conditions, it is undergoing consolidations and reductions. This reduction includes the previously-reported 30% glob
Cutter and Buck Impacted by Weak U.S. Market
New Wave Group, based in Stockholm, Sweden, said sales of its Sports and Leisure division, which includes Cutter & Buck and Craft, were virtually flat at MSEK 413 million ($50.5 million) from MSEK 411 million ($50.2 million) a year ago. But profit on EBIT
Filene’s Basement Sold to Buxbaum Group
Filene's Basement has been acquired by an affiliate of the Buxbaum Group, a firm that specializes in corporate turnarounds and retail liquidations. Filene's parent company, Retail Ventures Inc (RVI.N), said it had disposed of the unit for no net
AAFA Joins Call for Trade Reform
The American Apparel & Footwear Association (AAFA) joined a broad coalition of business organizations and non-governmental organizations (NGOs) to encourage Congress and the Obama Administration to undertake a wholesale reform of U.S. trade preference pro
Sports Direct Reiterates Guidance
Sports Direct International said despite the tough conditions, it remains confident of achieving underlying EBITDA of £135 million ($197 million.) The largest U.K. sporting-goods retailer said sales in the last six weeks were “higher than expected” gains,
Mainland Headwear/New Era to Host Supply Chain Symposium in China
Mainland Headwear Holdings Limited and New Era Cap Company, Inc. have jointly organized a two-day symposium in Shenzhen, “Benefits of Supply Chain Partnerships,” focused on achieving greater impact and sustainability in supply chain labor compliance throu
Steve Madden Raises Full Year 2009 Guidance
Steve Madden expects net sales for the first quarter 2009 to be between $106 million and $107 million. This compares to net sales of $100.5 million for the first quarter of 2008. EPS for the first quarter of 2009 is expected to be in the range of 35 cents
Deckers Q1 Sales Increase 37.6%
Deckers Outdoor Corporation said net sales increased 37.6% to $134.2 million for the first quarter ended March 31, 2009, versus $97.5 million last year. Diluted EPS increased 8.1% to 93 cents compared to 86 cents a year ago, domestic sales increased 29.6%
Columbia Q1 Net Falls on Sales Decline; Backlog Down 15%
Columbia Sportswear Co. reported sales in the first quarter decreased 9% to $272.0 million from $297.4 million, including a 5% negative effect from changes in foreign currency exchange rates. Net earnings fell 65% to $6.9 million, or 20 cents a share, fro
Deckers Ups Revenue Outlook on Strong UGG Performance
Deckers Outdoor Corporation said net sales increased 37.6% to $134.2 million for the first quarter ended March 31, 2009, versus $97.5 million last year. Diluted EPS increased 8.1% to 93 cents compared to 86 cents a year ago, domestic sales increased 29.6%
LaCrosse Reports Q1 Net Loss; First Since ’04
LaCrosse Footwear Inc. reported consolidated net sales for the first quarter ended March 28 was $25.9 million, up 5% from $24.7 million in the first quarter of 2008. While the company continued to grow its revenue, management said the challenging near-ter
A.T. Cross Co. Q1 Sales Decline 14.9%
A.T. Cross saw consolidated net sales for the first quarter of 2009 declined 14.9% to $30.9 million compared to $36.3 million in the first quarter of 2008. The Cross Accessory Division (CAD) recorded revenue of $18.8 million, a decline of 29.3% compared t
OIA Announces Friend of the Outdoor Industry Award Recipients
The 2009 Outdoor Industry Association (OIA) Friend of the Outdoor Industry Awards will be presented to Senator Maria Cantwell (D-WA) and Congressman Raul Grijalva (D-AZ) for their leadership in advocating for public policies that support the growth and su
