Archive for March, 2012

Columbia axes jobs due to a modest forecast

March 30, 2012

www.oicompass.com Columbia Sportswear is about to lay off 80 employees from its global staff, representing 2 percent of its total workforce. The cuts concern mainly the headquarters in the U.S. and the European subsidiary. Officials at the latter operation, which is based in Geneva, declined to comment, but the headquarters in Portland confirmed an article […]

Posted in Sales / Marketing Stories | No Comments »

Dick’s Sporting Goods Sees Strong Q4 Earnings Growth Despite Comp Sales Decline

March 17, 2012

www.sportsonesource.com Fighting off the bad winter weather, Dick’s Sporting Goods Inc. reported a 27.0 percent increase in fourth quarter earnings and projected strong double-digit earnings growth for the first quarter and for all of 2012. The sports retailing giant earned $111.1 million, or 88 cents a share, in the quarter, reaching the high end of […]

Posted in Sales / Marketing Stories | No Comments »

Vail Resorts Inc. Lowers Fiscal Year Outlook; E-Commerce Acquisition Bearing Fruit

March 15, 2012

www.sportsonesource.com Retail revenues at Vail Resorts, Inc. rose by $600,000, or 1.2 percent in the second quarter ended Jan. 31 as online sales offset a decline in brick-and-mortar sales – particularly at stores serving the snow-starved Lake Tahoe market area. Sales at O2GearShop.com, which MTN acquired last summer, generated $5.9 million in retail sales during […]

Posted in Sales / Marketing Stories | No Comments »

Big 5 Sporting Goods Embracing Digital Marketing to Draw Affluent Consumer

March 10, 2012

www.sportsonesource.com Big 5 Sporting Goods is finally moving beyond newspaper circulars to embrace digital marketing as part of its broader initiative that includes adding better brands to attract more affluent shoppers, according to statements from company Chairman, President and CEO Steven Miller. Miller made the disclosure in an earnings call where he said that the […]

Posted in Sales / Marketing Stories | No Comments »

VF is ready for further acquisitions

March 6, 2012

www.oicompass.com VF Corporation said that it has the financial and managerial resources to carry out further acquisitions, but warned that it is unlikely to achieve a deal the size of Timberland over the next 12 months. VF bought the brand in June 2011 for about $2 billion. The comments come as the company reported on […]

Posted in Sales / Marketing Stories | No Comments »