Genesco Inc. reported adjusted third-quarter earnings dipped 2.0 percent. Comps were down1 percent with a 5 percent increase in the Lids Sports Group offset by a 2 percent decrease in the Journeys Group. Earnings came in slightly better than Wall Street's estimates but Genesco still slightly lowered its full-year guidance due to the "somewhat choppy" retail climate...(12/6/2013)
Johnson Outdoors Inc. reported double-digit growth in operating profit on higher revenue, and a 90 percent improvement in net income year-over-year for fiscal year ended Sept. 27...(12/6/2013)
Zumiez Inc. reported total net sales for the third quarter ended Nov. 2 increased 6.2 percent to $191.1 million from $180.0 million a year ago. Comps rose 1.5 percent but earnings declined slightly due to higher expenses...
Backcountry entered the European outdoor market by acquiring Bergfreunde.de, which it described as the leading e-commerce company for outdoor enthusiasts in Germany, Austria, and Switzerland...(12/5/2013)
Luxury brand owner and retailer LVMH has paid $75 million for a 40 per cent stake in compression wear brand 2XU through L Capital Asia, a $1 billion private equity fund its sponsors...
Outdoor Industry Association has named Utah Governor Gary Herbert, Mike Ratchford of W.L Gore Associates, and Sutton Bacon of Nantahala Outdoor Center as winners of its 2014 OIA Advocacy Leadership Award, which recognizes individuals who have significantly contributed to the advancement of the outdoor industry's stature in public policy...(12/5/2013)
A major snowstorm has blanketed Colorado ski resorts with fresh powder just in time for opening day at many resorts, according to Colorado Ski Country USA (CSCUSA)...(12/5/2013)
Cabela’s Incorporated plans to open a 42,000-square-foot Cabela’s Outpost store in Bowling Green, Ky. The store will be Cabela’s second in Kentucky – joining the Louisville location – and is scheduled to open in...(12/5/2013)
Gibbon Slacklines hired Derick Cole as the new vice president of sales. Cole recently spearheaded the startup of Webley & Scott firearms as president of North American operations. Prior to that, Cole worked for Maurice Sporting Goods...
According to Golf DataTech, golf rounds played during October were up 3.7 percent compared to October 2012. YTD rounds played are down 4.4 percent...(12/5/2013)