SGB Update Sports & Fitness
Amer Sports Posts Q3 Sales Growth on Winter, Outdoor and Fitness Gains
Amer Sports Corp. became a much more profitable company in the third-quarter, as the parent of Salomon, Atomic, Wilson, Precor and Suunto expanded its gross margins by 310 basis points on a 5% increase in currency-neutral sales. When measured in local cur
Unifi Begins 2011 Fiscal Year On Strong Note
Unifi, Inc., reported net income of $10.2 million, or 17 cents per share, for the company’s fiscal first quarter compared to a net income of $2.5 million, or 4 cents per share, for the prior year quarter. Net sales for the quarter increased $31 mill
Hanesbrands Sees Third Quarter Sales Up; Price Hikes to Come in Early 2011
Hanesbrands Inc. reported its third consecutive quarter of solid growth for the three-month period ended Oct. 2, reporting total revenues up 10.8% to $1.2 billion from $1.1 billion in the year-ago period on sales growth from the company’s four large
Delta Apparel Posts Sees Decline in Net Income Despite Rise in Net Sales
Delta Apparel, Inc. saw net sales jump 8.9% to $107.9 million for the first fiscal quarter ended Oct. 2 from $99.1 in the prior-year period. However, DLA saw a considerable 38.5% decline in net income, dropping to $1.6 million, versus $2.6 million, in the
Hanesbrands Completes Acquisition of Gear For Sports
Hanesbrands Inc. has completed its acquisition of GearCo, Inc., known as Gear For Sports, a seller of licensed logo apparel in collegiate bookstores and other channels…
Pacific Sunwear’s Marketing Chief Exits
Pacific Sunwear Inc. said that on Oct. 25, Robert Cameron's employment with the company had “ended,” according to a filing with the Securities & Exchange Commission. In January 2010, Cameron joined the company as senior vice president of marketing…
Blacks Leisure Takeover Talks Continue, Losses Narrow
Blacks Leisure, the outdoor retailer based in the United Kingdom, said takeover talks with several parties continued while reporting that it's first half pretax loss narrowed and that it had suspended its interim dividend…
Fortune Brands Sees Golf Sales Drop 4.8%
Titleist parent, Fortune Brands, Inc., saw a 4.8% dip in the Golf segment, while the company sought expansion in key Asian markets. The company's full-year outlook for Golf segment now shows a low-single-digit rise…
Unifi Q1 Net Sales Grow 22%
Unifi, Inc., a major supplier of recycled polyester to outdoor apparel brands, said net income for the first quarter ended Sept. 26, 2010. was $10.2 million or 17 cents per share compared to net income of $2.5 million or 4 cents per share for the prior ye
Dick’s SG Sued for Alleged Overtime Violations
Dick's Sporting Goods faces a federal lawsuit alleging its Nebraska employees weren't justly paid for their work, according to a filing in U.S. District Court in Omaha…
DeLorme Picks Up Gold Medal Snowboarder
DeLorme has entered into a corporate partnership with world champion and gold medal snowboarder Seth Wescott…
Point6 Adds Outdoor Veteran to Sales Team
Point6 has appointed outdoor and ski industry sales rep veteran Jeff Ludwigson to their sales team. Ludwigson is based in Minnesota, and has extensive experience working in the outdoor and ski industries…
Rugged Bear Accelerates Expansion
Rugged Bear, the children's outdoor retailer celebrating its 30th year in business, is 30th store this month. The company, based in Norwood, MA, said it is not only experiencing record sales and web growth, but its six new store openings in New Engla
European Outdoor Group Reaches Agreement with FESI
The European Sporting Goods Industry (FESI) has agreed to begin sharing information with the European Outdoor Group's Sustainability Working Group (SWG) to keep the industry abreast of European legislation affecting the supply chain…
Changes Considered in Helmet Testing
A study by The New York Times finds both football helmet safety standards and helmet safety oversight are not regulated and largely ineffective, and the standards by which helmets are judged have not changed despite a drastic increase in the knowledge sur
