SGB Update Sportsmans
REI’s 2011 Grants to total $4.2 Million
REI plans to grant $4.2 million this year to nonprofits across the country that work to preserve and maintain natural spaces through active volunteer programs. The figure represents 3 percent of last year's operating profit and an increase of 13.5 pe
Vans Opens First NYC Store
Vans, the action sports footwear brand, and leading New York-based streetwear purveyor and skateshop DQM announced plans for The Vans DQM General to be located at 93 Grand Street in the heart of New York's coveted SoHo district…
Patagonia to Open Second Chicago Store on Magnificent Mile
Outdoor clothing manufacturer and lifestyle outfitter Patagonia today announced plans to open its second Chicago retail store at 48 East Walton Street in the heart of the city’s Magnificent Mile/Gold Coast area. The new store will open for business
Puma Delivers Double-Digit Growth Again in Q2
Puma AG reported currency-adjusted sales rose 14.1 percent in the second quarter, highlighted by a 16.9 percent gain in the Americas. Earnings were pressured by higher input costs as well as brand investments but the company still expects profits to rise
Skechers Sees Toning Markdowns Drag Down Q2
Stung by heavy clearance sales to right-size toning inventories, Skechers USA, Inc. posted a net loss of $29.9 million, or 62 cents a share, in the second quarter…
Cabela’s Reports Q2 Profit Surge on Revenue Growth, Fewer Charge-offs
Cabela’s Inc., reported that profits surged more than 20 percent for the fiscal second quarter ended July 2 on a strong top-line as well as improved same-store sales…
West Marine’s Profit, Sales Up in Second Quarter
West Marine, Inc. reported that sales for the second quarter ended July 2 improved 1.1 percent to $236.0 million from $233.4 million in the year-ago period. Revenues in the Retail Stores segment were $214.8 million, up 1.0% from 212.6 million in the year-
Columbia Sportswear Posts Strong Q2 Revenue Growth Despite Weaker U.S
Columbia Sportswear Company's inventory at second quarter-end swelled by $90 million, or about 30 percent, on a currency-adjusted basis, after a cool, wet spring caused U.S. retailers to cancel advance orders, the company said…
Coleman, Team Drive Jarden’s Outdoor Q2 Revenues
Driven by strength at Coleman and in its team brands, revenues at Jarden Corp.'s Outdoor Solutions segment climbed 11.1 percent in the second quarter, to $772.8 million. The segment's operating earnings improved 6.0 percent to $103.6 million…
Aldila Q2 Sales Sink 16.7 Percent on Soft Golf Sales
Aldila, Inc. lost $444,000, or 8 cents per share, in the second quarter ended June 30 on a 16.7 percent decline in net revenues as sales of golf shafts remained weak. The maker of graphite golf shafts, arrows and other products said sales reached $12.0 mi
Commuter Bike Traffic Sets Spring Record in NYC
The number of commuter bike riders in New York City increased 14 percent compared to last spring, according to Mayor Michael R. Bloomberg and Department of Transportation Commissioner Janette Sadik-Khan, who has been the subject of vitriole for her strong
Cabela’s Announces Two New Stores
Cabela's Incorporated announced recently that it will open new stores in Charleston, WV and Rogers, AR…
Black Diamond Announces New Hires
Black Diamond Equipment has hired Bob Jones to the newly created position of direct-to-consumner, or DTC, sales director while Brad Barlage has been promoted to the newly created position of Black Diamond Equipment climbing line sales manager…
Chaco Names Sales and Marketing Duo
Chaco has added Todd Gordon as director of sales and Colin Butts as marketing manager to help drive Chaco's growth…
OIA Benchmarking Studies Point to Leaner, More Profitable Industry
The outdoor industry has emerged from the recession leaner and more profitable, according to two benchmarking reports released by Outdoor Industry Association. High-profit retailers in this year’s study reported an average gross margin of 46.5 perce
