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  Apr 24, 2014
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Today's Top Story:

Skechers Sees First Quarter Earnings Soar

Skechers USA, Inc. reported earnings rose nearly five-fold in its first quarter ended Mar. 31, to $31.0 million, or 61 cents a share, from $6.7 million, or 13 cents, a year ago. Revenues rose 21.0 percent to $546.5 million from $451.6 million a year ago, representing the second highest quarterly revenues in the company’s 22-year history... Click for Full Story >>>

More Sporting Goods Industry Trade News:

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A group of strategic and financial investors led by Bernard Mariette, CEO & President of Coalision Inc., have purchased a majority interest in Coalision from Kilmer Capital Partners. This investment will enable Coalision's growing activewear brand Lol to expand its retail and web business internationally as well as its global wholesale business...(4/24/2014)

 

Callaway Golf Company reported its first-quarter showed a 22 percent increase in sales, driven by double digit growth in woods (+33 percent), irons (+29 percent), and golf balls (+24 percent). Additionally, income from operations increased 54 percent to $62 million and fully diluted earnings...(4/23/2014)

 

Recon Instruments has landed an investment from Motorola Solutions Venture Capital, the strategic investment arm of Motorola Solutions, which is interested in commercializing Heads-up Display (HUD) technology Recon developed for goggles and other sports applications...(4/23/2014)

 

Rocky Brands, Inc. reported first quarter net sales increased 22.5 percent to $65.8 million versus net sales of $53.7 million in the first quarter of 2013. The company reported first quarter net income of $723,788, or 10 cents a share, slightly down compared with net income of $892,096, or 12 cents, a year ago...(4/23/2014)

 

Nike Boston reopened on Friday, April 18 just prior to the Boston Marathon. Located at the former Niketown address 200 Newbury Street Nike Boston has an entirely new look. The two-story, 30,000-square-foot store...(4/23/2014)

 

Nikwax has become the first outdoor brand ever to receive a Queen's Award for Enterprise in Sustainable Development, which means it can now display the Queen's Award emblem on its packaging...(4/23/2014)

 

Reebok brought London’s fitness communities together at Marble Arch to celebrate its new brand mark the Reebok Delta symbol. Hundreds of fitness enthusiasts took part in simultaneous CrossFit, BODYCOMBAT and Spartan Race workouts...(4/23/2014)

 

Reebok has partnered with Austin Adventures to form Reebok Fitness Vacations by Austin Adventures, providing luxury adventure vacations for fitness enthusiasts around the globe. Trips are already planned for Montana, Utah and Costa Rica...(4/23/2014)

 

Sports Direct International plc, the UK's leading sports retailer, reported Group sales for the nine weeks ended March 30 were up 10.3 percent to 360.0 million ($435mm) and gross profit increased 11.5 percent to 147.0 million ($178mm), excluding results from retailers acquired since June 26, 2013... (4/23/2014)

 

Two of the top finishers in the Bonelli Triathlon Series in San Dimas, CA. raced on bikes they rented via peer-to-peer sharing site Spinlister from local triathletes...(4/23/2014)

 

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