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  Oct 31, 2014
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Today's Top Story:

Columbia's Organic Sales Up 14 Percent in Third Quarter

Columbia Sportswear Company reported strengthening sales of Columbia branded product by its European direct-to-consumer business, incremental sales from its new China joint venture and newly-acquired prAna turbo-charged its 14 percent organic growth in the third quarter to push its top line to a record $675.3 million, up $152.2 million, or 29 percent, compared with the same period in 2013... Click for Full Story >>>

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Triax Technologies Inc has teamed with Abby Wambach, U.S. Women's National Team and all-time high-goal scorer known for her spectacular headers, to launch the SIM-P (Smart Impact Monitor) to support long-term player health and safety...(10/30/2014)

 

Tuesday's spectacular explosion of a space rocket in Virginia could kill ATK's plans to spin off its Outdoor Sports segment to shareholders as a new, publicly traded company that would be called Vista Outdoor Inc. ATK reported Wednesday that sales at its Sporting Group grew 26 percent to $533 million in the fiscal second quarter ended Sept. 28, as results from Bushnell more than offset a drop in firearms sales from last year's peak levels...(10/30/2014)

 

Sorel opened its first-ever seasonal branded retail store at 345 W. 14th St. in Manhattan’s Meatpacking District. The store will open on October 30 through February 2015...(10/30/2014)

 

Strava, the online network connecting the global community of athletes, has partnered with Sequoia and secured $18.5 million in financing. Existing investors Sigma West and Madrone Capital Partners also participated in the round. This funding will allow Strava to fuel the expansion of its service around the world and strengthen its leadership in digital sports...(10/30/2014)

 

Sturm, Ruger & Company, Inc. reported net earnings tumbled 76.3 percent to $6.78 million, or 34 cents a share. Revenues fell 42.5 percent to $98.3 million. The sales decline was attributed to the reduction in overall consumer demand as well as retailers buying fewer firearms than they were selling in an effort to reduce their inventories and generate cash...(10/30/2014)

 

Tennis Industry Association reports that wholesale shipments of tennis products improved in the third quarter, with shipments of balls and strings up and sales of high-end racquets up a surprising...(10/30/2014)

 

Boot Barn Holdings, a western apparel and footwear retailer with 158 stores in the US, raised $80 million in its initial public offering. The company offered 5 million shares at $16, the high end of its $14-$16 price range... (10/30/2014)

 

Evolv, which makes climbing and outdoor footwear, has hired Kelsey Reddoch as its marketing manager...(10/30/2014)

 

The Outdoor Foundation’s eighth annual Outdoor Recreation Participation Report shows participation among teenage girls increased by three percentage points in 2013, making up some of the ground lost in 2012. Participation rates among girls and young women increased by two percentage points bringing young women’s participation to the highest rate since 2006. Participation among male youth, on the other hand, either fell or remained steady...(10/30/2014)

 

GoPro Inc. blew through Wall Street expectations Thursday when it reported revenue grew 45.7 percent to $280.0 million in the third quarter ended Sept. 30 thanks to the highly successful launch of its new HERO4 wearable cameras...(10/30/2014)

 

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