SGB Update Sports & Fitness
Volcom Sales Up 15.4%; Margins Contract
Volcom, Inc. reported consolidated revenues for second quarter ended June 30 were $62.5 million compared with $54.2 million in the second quarter of 2009. Net income for the 2010 second quarter was $68,000, or break even per diluted share, compared with $
Under Armour’s Q2 Profits Increase Two-Fold on 24% Revenue Gain
Under Armour reported earnings more than doubled to $3.5 million, or 7 cents a share, from $1.4 million, or 3 cents, a year ago. Revenues climbed 24%, driven by 34% apparel and 60% direct-to-consumer growth. The company also raised its revenue and EPS out
Source to Host Retailer Lounges at OR
Source Hydration and Sandals will be hosting two lounges for retail buyers and media at this Summer's OR Show…
AAFA Submits Blueprint to Double U.S. Exports
The American Apparel & Footwear Association (AAFA) submitted a ten-point plan to the U.S. Department of Commerce regarding President Barack Obama's commitment to double U.S. exports by 2015. Point 8: Recognize that imports of U.S. branded product are
New York Giants Partners with TeamFanShop
TeamFanShop is partnering with the New York Giants to deliver e-commerce and marketing solutions to reach the global fan base of the Giants…
Study: World Cup Sponsorship Shows Mixed Results
Adidas was the second most widely-named brand as a World Cup sponsor, both before and after the event, according to a new study with Survey Sampling International's (SSI). Coca Cola was first…
Hanesbrands Sees Widespread Q2 Growth on Improved Sales, Margins
Double digit increases in its three major segments – Innerwear, Outerwear and International – drove Hanesbrands Inc. to post widespread improvement over a year-ago period that suffered from restructuring costs and declining sales…
Adidas To Surpass Q2 Estimates
Adidas Group released preliminary results indicating that second quarter results would be “materially above market expectations.” Earnings reached €126 million ($159 mm), well above the €9 million earned in the year-ago period…
LaCrosse Posts Weaker Q2 Work and Outdoor Results
LaCrosse Footwear saw previously-consistent sales to its Work market come to an abrupt halt during the second quarter, and results subsequently slipped across the board…
U.S. House Passes Miscellaneous Tariff Bill
The U.S. House of Representatives passed the Miscellaneous Tariff Bill last week, restoring duty relief for a cornucopia of sporting goods, including bicycle parts, outdoor footwear, snow sports equipment, volleyballs, rubber basketballs, leather basketba
Pheasants Forever’s Vincent Appointed to Wildlife and Hunting Heritage Conservation Council
Howard K. Vincent, Pheasants Forever and Quail Forever National President and CEO, has been appointed to the new 18-member Wildlife and Hunting Heritage Conservation Council…
Warnaco Taps Former VF Exec to Head Swimwear Business
The Warnaco Group, Inc. appointed James B. Gerson, former president of V.F. Corp's Reef business, as president of its Swimwear division. …
Big City Mountaineers Adds Board Members
Big City Mountaineers, a 501(c)(3) nonprofit organization a mission to “enhance the lives of under-resourced urban teens through transformative outdoor experiences,” has added three new members to its board of directors…
Fish Habitat Benefits From More Than $3 Million in Funding
The U.S. Fish and Wildlife Service will provide more than $3.3 million to support 68 fish habitat projects in 36 states across the nation under the National Fish Habitat Action Plan (NFHAP), according to a recent release…
New Balance Concept Store Opens in Dedham
New Balance opened its new concept store in Dedham, MA. The Dedham store will showcase a new design concept that highlights New Balance’s performance and technology brand story…