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Economic Reports | Fitness Financial News | Outdoor Financial News | Other |

Economic Reports

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Article Thumbnail November retail, outdoor, online sales rise; NRF raises forecast
Dec 26, 2011
A strong Black Friday and brisk holiday shopping fueled overall retail sales up 4.5 percent for November 2011, while outdoor retail sales jumped 9 percent. Online sales are up 15 percent so far this season. SNEWS has the latest figures from NRF, Leisure Trends and ComScore.
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Gramicci leverages Haggar to lower prices on fall 2012 products, predicts consumers will reduce spending
Dec 21, 2011
At a time when numerous outdoor brands are signaling higher prices ahead amidst rising raw material, labor and transportation costs, Gramicci is announcing a contrarian strategy to lower its prices for fall 2012. SNEWS has the first details in an interview with Gramicci President Marty Weening.
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Some fitness retailers see opportunities to add stores heading into 2012
Dec 16, 2011
Looking to capitalize on a hopefully more optimistic U.S. consumer, holiday-season sales, and opportunistic real estate deals, a number of fitness retailers have increased their storefront footprint as 2011 draws to a close. SNEWS has the details on which retailers are growing.
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Article Thumbnail Forecasters: U.S. economy to grow modestly in 2012 led by business spending
Nov 25, 2011
The U.S. economy will grow in 2012 with an unlikely chance of another recession or high inflation, a group of forecasters with the National Association for Business Economics said in a report released just as the holiday shopping season kicks into gear.
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Article Thumbnail Outdoor consumers taking on price increases, gradually
Oct 31, 2011
Despite economic jitters, shoppers are paying more for their outdoor goods. SNEWS dissects the data, plus the best performing categories, and how long retailers think consumers can keep up the spending.
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Fitness Financial News

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Netpulse acquires Virtual Active, iPad app to be launched
Dec 14, 2011
Netpulse's acquisition of Virtual Active will bring together two of the fitness industry’s technology brands capitalizing on the increase of interactive data, education and media being used in the latest fitness equipment. Officials share with SNEWS where they see expansion opportunities in the fitness industry.
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Article Thumbnail Cybex considers financing options, readies appeal of latest ruling in Barnhard case
Nov 23, 2011
Cybex officials said they are analyzing numerous financial and legal options after a New York appeals court reduced, but upheld an unfavorable verdict for the fitness equipment company in an ongoing legal case. SNEWS listened in on a company’s conference call Nov. 22 detailing its options, and we have the details.
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Article Thumbnail Jury verdict against Cybex reduced to $44 million
Nov 21, 2011
A New York appeals court reduced a jury verdict against Cybex from nearly $66 million to $44 million. But company officials said they will again appeal the ruling because they believe the lawsuit amount continues to be overstated. SNEWS has the latest news, plus the background on the case.
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Article Thumbnail Financials: Strong footwear, apparel sales drive Hibbett 3Q earnings up; plus Maurice Sporting Goods to acquire Canadian peer
Nov 18, 2011
Hibbett Sports reported higher third-quarter 2011 revenue and profit on strong apparel and footwear sales. Plus, Maurice Sporting Goods plans to acquire fellow sporting goods wholesaler Redl Sports Distributors in Canada.
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Fitness financials: Weaker appliance, electronic sales hurt Sears 3Q earnings
Nov 17, 2011
Sears Holding Corp, which is in the process of revamping its fitness departments, reported lower revenue and a wider loss for the third quarter 2011.
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Outdoor Financial News

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Gramicci leverages Haggar to lower prices on fall 2012 products, predicts consumers will reduce spending
Dec 21, 2011
At a time when numerous outdoor brands are signaling higher prices ahead amidst rising raw material, labor and transportation costs, Gramicci is announcing a contrarian strategy to lower its prices for fall 2012. SNEWS has the first details in an interview with Gramicci President Marty Weening.
Read Story | Comment on this story | Go to all Outdoor Financial News articles

Article Thumbnail Outdoor financials: Vail’s retail, resort spending up, but real estate lags; plus preseason wintersports sales rise
Dec 8, 2011
Vail Resort's latest quarterly earnings and a Leisure Trends/SIA preseason wintersports report out this week both show higher retail sales for the industry as the 2011/12 begins.
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Liberty Mountain to acquire fellow outdoor distributor Peregrine Outfitters
Dec 1, 2011
Liberty Mountain will merge Peregrine’s operations into Liberty’s facilities in Utah and Pennsylvania, officials tell SNEWS.
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Outdoor financials: Johnson 4Q earnings up, but outdoor sales fall
Dec 1, 2011
Johnson Outdoors continued to see a drop in its quarterly outdoor sales as military orders dropped from a year ago. But overall company revenue climbed 3 percent on strong marine electronic sales.
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Article Thumbnail Financials: Strong footwear, apparel sales drive Hibbett 3Q earnings up; plus Maurice Sporting Goods to acquire Canadian peer
Nov 18, 2011
Hibbett Sports reported higher third-quarter 2011 revenue and profit on strong apparel and footwear sales. Plus, Maurice Sporting Goods plans to acquire fellow sporting goods wholesaler Redl Sports Distributors in Canada.
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Other

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Article Thumbnail Layaway attempts a comeback at retail
Dec 6, 2010
The old staple of layaway is still around this holiday shopping season at some outdoor and fitness retailers. SNEWS finds out why what’s old is new again and what retailers are saying.
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Article Thumbnail Did you hear?...Text coupons, iPhone most popular with retailers and consumers
Dec 3, 2010
As Smartphone use continues to boom, it is perhaps no surprise that retailers are increasingly tapping into Smartphone technology to deliver coupons and other features that make the consumer experience more enjoyable in a store. SNEWS has summary details from a recent study.
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Did you hear?…Credit card swipe fee legislation clears final hurdle
Jul 19, 2010
The U.S. Senate has passed a financial reform bill that includes a provision to regulate credit card and debit card swipe fees that have burdened retailers. Get the details here.
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Congress works to relieve retailers on costs of rising swipe fees on credit and debit cards
May 28, 2010
The Senate has passed an amendment to its financial reform bill to reduce so called “swipe fees” on credit card and debit cards – fees that stack up and can put a big ding in retailers’ profits.
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Products and Trends
Industry News Releases
Grassroots Outdoor Alliance Welcomes Icebreaker as a Vendor Partner
Dec 22, 2011
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Jetboil Expands Management Team
Dec 22, 2011
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Switch Vision Joins 2012 East Coast Adventure Racing Series
Dec 22, 2011
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BioLogic Helps Social Networking Cyclists Track Data on the Go
Dec 21, 2011
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Liberty Mountain Joins Grassroots Outdoor Alliance as Vendor Partner
Dec 21, 2011
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National Ski Patrol makes branding move to unify divisions and patrols
Dec 21, 2011
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SNEWS Headlines
November retail, outdoor, online sales rise; NRF raises forecast
Dec 26, 2011
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Mountain travel bookings continue uphill surge
Dec 22, 2011
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Gramicci leverages Haggar to lower prices on fall 2012 products, predicts consumers will reduce spending
Dec 21, 2011
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Featured Content
Trend Reports
Outdoor Research wants to protect from cold and dry, not just chilly and wet
Nov 18, 2011
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