Archive for June, 2012

WHAT’S ON THE HORIZON FOR ACTION SPORTS?

June 19, 2012

By Chris Moran Editor’s note: ACM Group is a UK-based action sports agency specializing in Branded Content, Strategy, and Communication.www.acmwriting.com/blog/ The action sports world is a tough place to be right now. Snowboard retailers report that winter clothing sales are down after another topsy turvy winter weather pattern in both Europe and the US, and […]

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VANS TARGETS ANNUAL GROWTH RATE OF 13%

June 18, 2012

http://sgiweekly.com/ The VF Corp. subsidiary intends to hit $2.2 billion in an- nual sales by the end of FY16, a 13% compound annual growth rate, management tells investors. Footwear will contribute 75% of the $1 billion top line expansion with a growth rate of 12%. Apparel sales will increase 18%. Revenue expansion is expected from […]

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Dick’s Sporting Goods Execs Size Up the Competition.

June 18, 2012

At the William Blair & Co. Growth Stock Conference last week, Dick’s Sporting Goods’ officials received a slew of questions from investors in attendance about their potential competitors – from Amazon to other larger full-line stores. Not surpris- ingly, the two execs in attendance – President and COO Joe Schmidt and CFO Tim Kullman – […]

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Black Diamond Adds Action Sports with POC Deal…

June 13, 2012

Black Diamond, Inc. entered into a definitive agreement to acquire POC Sweden AB (“POC”), a Stockholm designer and manufac- turer of protective gear that executives said will almost immediately accelerate margin and sales growth. Founded in 2004, POC produces and distributes advanced-design helmets, body armor, goggles, eyewear, gloves and apparel for action or “gravity sports,” […]

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Vail Resorts Retail/Rental Revenues Climb 1.3% in Q3

June 12, 2012

June 6, 2012 Net income at the owner of various ski resorts and retail stores 3.5% to $79.6 million in the third quarter ended April 30. Total MTN revenues were down 0.2% to $421.1 million from $422.1 million as Boulder, CO, company battled what it called “the most challenging winer in the history of the […]

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