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Apparel Business Update

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The Latest News...

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...(10/30/2014)

TIA Data Points to Improving U.S. Tennis Market
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)

Female Participation in Outdoor Recreation Rose in 2013
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)

Patagonia’s $20 Million & Change Invests In Bureo Skateboards
Patagonia Works, which includes Patagonia, Inc., as well as Patagonia Media and Patagonia Provisions, announced a a seed investment in Bureo Inc., a company that has established a fishing net collection and recycling program along the coast of Chile. Bureo transforms the waste into sustainable skateboard decks...(10/30/2014)

Report: Nike to Exit Snowboarding
Nike plans to exit the snowboarding business in order to focus its Nike SB brand on skateboarding, according to the Oregonian...(10/30/2014)

Gore-Tex Footwear Partners with Back on My Feet
W.L. Gore & Associates, inventor of Gore-Tex products, has partnered with Philadelphia’s Back on My Feet organization, which utilizes running to create self-sufficiency for those experiencing homelessness, for the 2014 Gore-Tex Philadelphia Marathon...(10/30/2014)

HanesBrands Reports Third Consecutive Quarter of Double-Digit Sales Growth
HanesBrands, the parent of Champion, Hanes and Gear For Sports, announced strong third-quarter financial results driven by acquisition benefits, innovation, and enhanced profitability from global supply chain efficiency gains. The company raised its full-year adjusted EPS guidance for the third time this year based on quarterly results despite a continued environment of restrained consumer spending...(10/29/2014)

Asics America Honors A Marathon Way Of Life
In celebration of every type of marathoner, Asics America, an official sponsor of the New York City Marathon for over 20 years, is bringing its "We Are Marathoners" campaign back to the Big Apple for this year's TCS New York City Marathon. The multi-faceted campaign honors the commitment, character and courage of marathoners with a multitude of personalized mini-marathoner statues commemorating this year's runners and limited-edition TCS New York City Marathon apparel and footwear collection... (10/29/2014)



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