www.sportsonesource.com The five-week retail fiscal month of June saw heavy and frequent discounting across the broader retail landscape as chain and discount stores pulled out all the stops to lure customers in to liquidate Spring/Summer merchandise inventories that have built up through a year. Strength throughout the broader retail market drove aggregate same‐store sales up […]

http://business.transworld.net/69051/features/vf-execs-on-action-sports-divisions-record-growth-in-q2/ By Sara Fruman The North Face and Vans led VF to a substantial 15% increase in second quarter revenues to over $1.8 billion, which included global revenue growth from The North Face and Vans of 21% and 22% increases, respectively. In particular, outdoor & action sports achieved record revenues and operating incomes in the second quarter, […]

http://business.transworld.net/68872/features/skullcandy-raises-share-prices-to-20-expected-to-begin-trading-today/ By Mike Lewis Skullcandy Inc. announced yesterday that it has revised the share price of its common stock to $20 per share, higher than the anticipated IPO range of $17-19 per share for its Nasdaq debut today. Additionally, it has increased the number of shares offered, to 9,441,693, up from approximately 8.5 million shares. The […]

Hi-Tec Sports is determined to become the number one rugged outdoor footwear brand in coming years, in part by increasing its penetration of U.S. specialty channels, according to an exclusive interview with its newly minted CEO Ed van Wezel. Mr. van Wezel, 33, took the helm at Hi-Tec from his father in late May just as […]

Carlsbad, CA – TransWorld Media is pleased to announce the recent promotion of Mike Lewis to Editor In Chief of TransWorld Business, the action sports industry’s leader in news and information. Lewis previously acted at Managing Editor and has inarguably established himself as an integral piece of TransWorld Business, creating compelling content for both print and online […]