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  Oct 22, 2014
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Today's Top Story:

Smith Optics Leaving Idaho Birthplace in Search of Growth

After 18 years of letting Smith Optics operate autonomously, Safilo Group of Italy announced Tuesday plans to disperse its headquarters staff of 85 to Portland, OR., Salt Lake City and Parsippany, NJ in a quest to double the fast-growing brand's sales over the next five years... Click for Full Story >>>

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Lululemon Athletica Inc., synonymous in some quarters with the "corporatization of yoga," got a powerful, albeit implicit endorsement Wednesday from none other than the Dalai Lama. In a presentation following an address by His Holiness at a heart and mind summit, Lululemon CEO Laurent Potdevin announced the apparel company will contribute CAD$250,000 annually over the next three years to support the Dalai Lama Center for Peace + Education. Both the center and Lululemon are based in Vancouver, BC...(10/22/2014)

 

The Outdoor Industry Association board of directors appointed Steve Barker, founder and former owner of Eagle Creek, as interim executive director for the organization, effective immediately. As interim executive director, Steve will provide a stable and consistent leadership presence for OIA staff while the board conducts a national search for a permanent OIA executive director...(10/22/2014)

 

Skechers USA, Inc. reported second-quarter earnings jumped 90.4 percent to $51.1 million, or $1.00 a share. Revenues grew 30.7 percent to $674.3 million compared to $515.8 million for the third quarter of 2013. Revenues increased 18.5 percent in its domestic wholesale business, 60.6 percent in its international wholesale business, and 25.0 percent in its company-owned global retail business... (10/22/2014)

 

Super Retail Group, which is the largest sporting goods retailer in Australia, reported comparable stores sales at its Sports Retailing business increased 3 percent during the 16-week period ended Oct. 18, but declined 8 percent at its Leisure Retailing business, which sells hunting, fishing, camping, paddling and other outdoor leisure gear through Ray's Sports, FCO and BCF stores...(10/22/2014)

 

Hawley, the Lexington, SC-based bicycle parts and accessories (PB&A) distributor, plans to open a new distribution center in the Northeastern United States that will enable it to offer next-day ground delivery across much of the Eastern U.S...(10/22/2014)

 

Nike Inc. brought out 27 of its top athletes to New York City to showcase a breadth of performance and lifestyle products as well as digital services as the company continues to accelerate growth within its women’s business...(10/22/2014)

 

Off Broadway Shoe Warehouse announced Kristen Picard as the company’s new director of marketing and Brittany Moeller as the company’s new women’s buyer... (10/22/2014)

 

Pro Nine Sports, Inc., a wholesaler of high-performance baseball and softball sporting goods including balls, helmets, catcher's gear, bats, and field equipment, was acquired by a private investor...(10/22/2014)

 

Rocky Brands, Inc. reported third quarter net sales increased 3.6 percent to $72.7 million versus net sales of $70.2 million in the third quarter of 2013. The company reported third quarter net income of $3.1 million, or 42 cents per diluted share as compared to net income of $2.9 million, or 39 cents, in the third quarter of 2013, a gain of 6.9 percent...(10/22/2014)

 

SnowSports Industries America plans to host its first-ever Industry + Intelligence gathering. The daylong industry-only event, scheduled for Wednesday, Jan. 28th, will prep Snow Show attendees with educational offerings, market intelligence, networking opportunities, keynote speakers and social gatherings all before the doors open to the 2015 SIA Snow Show, which runs Jan. 29 - Feb. 1, 2015...(10/22/2014)

 

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