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Mission Athletecare Lands Funding and Hap Klopp
Mission Athletecare, the startup looking to jumpstart the thermoregulation category, last week raised $35 million of growth capital for organic and M&A expansion in its core cooling and heating categories. As part of the new investment, Hap Klopp, the founder and former CEO of The North Face, joined Mission's board...(2/27/2015)
Wearables Fuel Sport Chek's Impressive Q4 Sales Growth
Wearable technology helped drive up same-store sales at Canada's Sport Chek chain 9.4 percent in the fourth quarter, executives reported last week...(2/27/2015)
Backcountry, Bodybuilder Grew Sales and Margins in 2014
Online retailers Backcountry and Bodybuilding grew sales and operating income in 2014, according to financial results released by Liberty Interactive Corp...(2/27/2015)
Asics America Surpasses $1 Billion Target in 2014
Asics America Group, which includes the U.S., Brazil, Canada and Mexico, surpassed $1 billion in sales for the first time in 2014. Sales reached $1.1 billion, up 14.9 percent year on year...(2/26/2015)
Big 5 Expects Positive Comps in Q1
Big 5 Sporting Goods expects same-store sales to grow in the low-to-mid-digit range in the current quarter thanks to robust sales of winter products in January, strong sales of some non-winter categories and a slowing decline in firearms related sales...(2/26/2015)
Iconix Sees Men’s Brands Recover in Q4
Iconix Brand Group reported sales in its Men’s segment slid 22.4 percent in 2014, to $111.7 million. Sales in the fourth quarter, however, bounced back, growing 8.3 percent to $32.7 million...(2/26/2015)
Sequential Brands’ Q4 Results Boosted by Avia and And1
Sequential Brands Inc., the parent of Heelys, Avia, And1 and several fashion brands, reported revenues, largely royalties from licensing deals, jumped 75.5 percent in the fourth quarter, to $18.6 million...(2/26/2015)
Nautilus Turnaround Continues in Q4
Driven by robust growth in its Direct segment, Nautilus Inc. reported revenues in the fourth quarter climbed 23.1 percent to $94.9 million. Earnings grew 21.4 percent to $10.4 million, or 33 cents a share...