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  Sep 19, 2014
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Today's Top Story:

Lululemon Sees Second Quarter Profits Slide

Lululemon Athletica reported second-quarter earnings slid 13.7 percent to $48.8 million, or 33 cents a share, but results exceeded Wall Street's consensus estimate of 33 cents a share. Comps declined 5 percent in constant dollars and gross margins eroded to 50.5 percent for the quarter from 54.0 percent. Lululemon raised its forecast for the year by a penny to $1.72 to $1.77 a share... Click for Full Story >>>

More Sporting Goods Industry Trade News:

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Highgear, the maker of performance watches, navigation tools and accessories owned by Implus, has been shuttered at least for now... (9/18/2014)

 

NEMO Equipment, Inc, an outdoor gear manufacturer located in New Hampshire, has hired Andrew Milkovits from EMS as product line manager and Tom Bath from REI as senior product developer...(9/18/2014)

 

Liberty Interactive Corp. selected Jill Layfield, CEO of its Backcountry.com unit, as one of 11 women to serve on the 2015 Women's eCommerce Network Council that will mentor a new class of up-and-coming female e-commerce entrepreneurs...(9/18/2014)

 

Good To-Go, a Maine-based preparer of dehydrated meals, said it has added several employees and reps to support growth after a very successful showing at Outdoor Retailer Summer Market last month in Salt Lake City...(9/18/2014)

 

ISA TanTec said its Vietnamese production facility has been nominated as one of the best tanneries in the world by World Leather magazine. ISA TanTec's Chinese facility won the honor in 2010 and the German company is now building a tannery in Mississippi to meet growing demand for U.S. sourced leather from footwear brands owned by Wolverine World Wide Inc., VF Corp. and Deckers Brands...(9/18/2014)

 

Opedix, maker of Kinetic Health Gear for performance, recovery and rehabilitation, has unveiled a new website...(9/18/2014)

 

SnowSports Industries America (SIA), the snow sports industry’s member-owned trade association, has updated its Winter Sports Merchandising resources to help retailers throughout the snow sports industry kick off the 2014/15 season with a fresh take on visual merchandising...(9/18/2014)

 

SOG Specialty Knives and Tools has named Rick Klug as their new national sales manager...(9/18/2014)

 

Outdoor Industry Association applauded a group of sponsors for introducing the U.S. OUTDOOR Act in both houses of Congress for the third time since 2009. Developed in close consultation with the outdoor industry, the U.S. textile industry, and congressional representatives, the bipartisan legislation is designed to lower costs for outdoor industry businesses, prevent rising retail prices for consumers and spur innovation by U.S. companies...(9/18/2014)

 

The Under Armour Connected Fitness Team unveiled major app upgrades for iOS 8. The updates are packed with the latest health and fitness features including all-day activity tracking...(9/18/2014)

 

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