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  May 20, 2013
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Today's Top Story:

OIA VantagePoint: Outdoor Product Sales Edge Up in April

Outdoor Product sales grew in fiscal April by 1.2 percent to $673.6 million, slower than the year-to-date trend, according to the latest monthly sales report from OIA VantagePoint. Growth was primarily driven by solid sales in Outdoor Hardgoods, while Footwear and Apparel sales slowed due to the inconsistent spring weather. The National Accounts Internet and Discount/Mass trade channels continued to provide the strongest growth... Click for Full Story >>>

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BSN Sports has signed a definitive merger agreement with Herff Jones, the manufacturer, marketer and distributor of graduation-related materials and educational products, as well as cheerleading apparel and services. Under terms of the agreement, BSN Sports will join the HJ portfolio of companies and continue to operate as its own branded entity...(5/17/2013)

 

Quiksilver, Inc. announced an aggressive multi-year profit improvement plan designed to accelerate the company’s three fundamental strategies of strengthening brands, growing sales and driving operational efficiencies. The plan’s initiatives focus on prioritizing the company’s core brands, globalizing key functions and...(5/17/2013)

 

Volcom, Inc. appointed Mandy Fry as VP of women’s. Most recently, she was Billabong Women's senior design director... (5/17/2013)

 

Scott Jurek was at two Colorado run specialty retailers this week to launch his new Ultimate Direction signature series to the public.(5/17/2013)

 

Advanced Sports International (ASI) has agreed to provide Breezer bikes to Zagster for its national bike sharing business. Zagster has built out an assembly line and distribution center at the ASI warehouse in Philadelphia, enabling for the rapid deployment of Zagster bikes to customers across the country... (5/17/2013)

 

In its first ratings of sporting-goods retailers, 26,461 readers told Consumer Reports about 34,229 experiences buying treadmills, skis, and the like. Almost 30 percent of the transactions took place at Dick’s and Sports Authority. But neither made readers as happy as did independent stores and pro shops, one-sport chains, or outdoor specialty retailers...(5/16/2013)

 

Mizuno Corp. reported earnings slid in its fiscal year ended March 31 due mainly to an increase in SG&A expenses and in purchasing costs. But overall footwear sales remained healthy, especially running shoes in the Americas where net sales set a record to cap off three straight years of strong growth... (5/16/2013)

 

Academy Sports + Outdoors announced that it will expand its presence in the Corpus Christi area with a new location in Portland, TX and a renovation of the 110,000- sqare-foot Corpus Christi store...(5/16/2013)

 

Pumped up by demand from a wide range of users, including professional athletes and exercise enthusiasts, global shipments of sports and fitness monitors will rise to 56.2 million units in 2017, up from 43.8 million in 2013, according to a new report from IMS Research. The growth has drawn Nike, Adidas and Under Armour into the market...(5/16/2013)

 

J. C. Penney Company, Inc. reported a net loss of $348 million or $1.58 per share in the first quarter...(5/16/2013)

 

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