Deckers Sees Sharper Drop in Q2 EPS…
On the heels of a tough spring season for sandals, Deckers Outdoor Corporation is revising its Q2 and full guidance downward, cutting 12 cents to 13 cents from the already dismal EPS guidance ranges for the quarter and the year on a $2 million reduction i
Military Tent Order to Give Johnson Outdoors a Boost…
Johnson Outdoors has received an urgent need order from the U.S. Military for 2,510 modular general purpose tent systems worth $15.9 million. Previously, Johnson Outdoors management was anticipating a 40% decline in tent sales to the military, but now th
Retail Executives’ Mood Brightens in May Despite Weak Traffic…
The latest survey of retail executives conducted by the National Retail Federation saw the mood in the corner office recover a bit from the sharp downturn in April as a brighter long-term outlook, tight controls on inventories, and stronger average ticket
ITECH Issues Goalie Mask Recall
Mission-ITECH Hockey, in cooperation with the U.S. CPSC, has issued a voluntary recall of the ITECH Profile 2100, 1100 and 8.0 hockey goalie masks and ITECH RP607 and RP609 goalie mask replacement wires. Consumers have been advised to stop using recalled
Spalding Rolls Out Global Brand Marketing Strategy
Spalding is introducing a new worldwide vision to unify and grow its well known, 129-year old business. In addition to expanding its predominant position in basketball, the high quality sporting goods manufacturer plans to expand its business in existing
Softgoods Lead First Quarter Specialty Market…
The continued consolidation of the Bicycle, Outdoor and SnowSports industries helped boost the top-line sales numbers for vendors yet again in the first quarter. Momentum shifted back to the vendors in Q1 as their margins and profits remain healthy while
Quiksilver Second Quarter Income Jumps 25% with 32% Sales Gain
Quiksilver's consolidated net revenues for the second quarter of fiscal 2005 increased 32% to $426.9 million as compared to fiscal 2004 second quarter consolidated net revenues of $322.6 million. Consolidated net income for the second quarter of fisc
American Recreation Sees Weakness in Mass Market…
Kellwood, the parent company to Kelty, Sierra Designs, and Slumberjack, reported sales in the first quarter of $639.4 million, down 6.9% from $686.1 million last year. Net earnings for the first quarter were $12.5 million or 45 cents per diluted share ver
Lotto 2004 Sales Increase Slightly in Challenging Environment
Sales of Lotto brand products around the world ended 2004 at €256 million ($318.4 mm), up slightly from the sales figures posted in 2003 of €255 million ($336.8 mm). The Mediterranean area gave the strongest performance in terms of proportion of sales: th
Footwear Manufacturers Prepare for Beijing Olympics…
The China Economic News Service reported that several major Taiwan-based footwear manufacturers are ramping up production in order to meet demand, which is expected to spike in conjunction with the 2008 Olympic Games in Beijing. Pou Chen Corp. has been co
Conservation Aliance Launches New Phase with Money from Keen Grant
Sixteen years ago, a group of outdoor business leaders began the Conservation Alliance. Since then, the Alliance has grown into a unique funding source for grassroots conservation groups as the only environmental grantmaker whose funds come from the non-m
Merrell Inks Footwear Licensing Deal with Patagonia…
Patagonia and Wolverine World Wide have inked a licensing agreement under which WWW’s Merrell brand will design, manufacture and market under the Patagonia name with rights to Water Girl and Lotus Designs. The first product line is expected at retail in s
Patagonia and Merrell Ink Licensing Agreement
Patagonia and Wolverine World Wide's Merrell footwear brand have entered into a long-term global license agreement to produce Patagonia footwear. The first product line is expected at retail in spring 2007. Under the agreement, Merrell will design, m
Lafuma Takes Control of Oxbow…
Lafuma has completed its initial acquisition of Oxbow from the majority shareholder, Teahupoo, gaining 63.7% ownership of the company. Lafuma will now submit a draft standing offer at a price of €10.75 per OXBOW share cum-dividend and as a result OXBOW’s
Brown Shoe Co. on Major Naturalizer Restructuring
Brown Shoe Company, Inc. announced a series of moves to further strengthen its flagship Naturalizer brand. Brown will close approximately 80 underperforming stores – 60 in the United States and 20 in Canada — in addition to the ten closed in the first q
