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  Jul 22, 2014
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Today's Top Story:

VF Outdoors & Action Revenues up 16 Percent in Q2

VF Corp.'s Outdoor & Action Sports revenues increased 16 percent in the second quarter ended June 28, driven by an 11 percent increase in The North Face brand revenues, a 21 percent increase in Vans brand revenues, and a 19 percent increase in Timberland brand revenues. The performance puts the company on track for another record year. VF Corp.'s direct-to-consumer revenues reached 26 percent of total revenues in the quarter compared with 23 percent in the 2013 period... Click for Full Story >>>

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Crocs, Inc. said it would reverse its strategy Tuesday, saying and focus on profits over growth. The company will trim its product line, close stores, cut back on direct investment overseas and focus on efficiency. The company unveiled the plan while reporting that its revenue climbed 3.6 percent and gross margin fell 150 basis points during the second quarter ended June 30, 2014...(7/22/2014)

 

Sales of outdoor products look to be picking up steam this summer as sales of outdoor footwear, apparel and hardgoods increased 6.8 percent to $1.18 billion in the five-week fiscal month of June. The growth trend for the month represented an acceleration from the low-single-digit trend seen in the fiscal year-to-date period through May, according to retail point-of-sale data compiled by SportScanInfo for OIA VantagePoint™. Fiscal year-to-date...(7/22/2014)

 

Rawlings Sporting Goods Company, Inc., a subsidiary of Jarden Corporation, named Jeff Fiorini as its chief operating officer...(7/22/2014)

 

Competitor Group, Inc. (CGI) named Meb Keflezighi its first vice president of running, effective immediately. The Boston Marathon winner will develop CGI's training content and directly contribute to the company's overall growth in the running industry focusing on the popular Rock ‘n’ Roll Marathon Series...(7/22/2014)

 

Skechers has signed model, actress and television presenter Kelly Brook to appear globally in the footwear company’s multi-platform marketing and social media campaigns through 2015. The British-born star...(7/22/2014)

 

Sportsman's Warehouse will open a store in Spokane, WA in early 2015. This location will be the first of eight planned stores that will open during 2015...(7/22/2014)

 

Tecnica Blizzard USA has returned to the U.S. Ski Team Equipment Pool and signed three new and one returning athlete for the upcoming season...(7/22/2014)

 

Voormi, which provides domestically sourced precision blended wool and gear maker Fishpond are collaborating to launch an apparel line suitable or remote access, high alpine fly-fishing... (7/22/2014)

 

A company that provides a “Made in USA” certification seal to marketers has agreed to settle Federal Trade Commission charges that it deceived consumers by allowing companies to use the seal without either independently verifying that those companies’ products were made in the United States, or disclosing that the companies had certified themselves... (7/22/2014)

 

The Outdoor Foundation confirmed the full roster of sponsors for the 2014 Outsiders Ball, which will be held in Salt Lake City on the eve of the Outdoor Retailer Summer Market...(7/22/2014)

 

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