Nike appointed Leslie Lane as the head of its global running business. Lane will report to Trevor Edwards, Vice President of Global Brand and Category Management, who reports to Denson…
Month: October 2006
Wolverine Names General Counsel and Secretary
Wolverine World Wide named Kenneth A. Grady as its new general counsel and secretary. Grady is stepping into the role after James D. Zwiers was promoted to president of Hush Puppies U.S. Ken will report directly to Stephen L. Gulis Jr., executive vice pr
Thule Lays Off SportRack Manufacturing Employees
Thule will lay off 33 employees, the majority of which work in production, at its SportRack facility in Granby, Quebec, Canada. The decision to downsize is due in part to plans to transfer some of the manufacturing of SportRack products to its Seymour, C
Volcom Third Quarter Sales Jump 19%; Income Slips
Volcom, Inc. third quarter revenues increased approximately 19.3% to $61.0 million, compared with $51.2 million in the third quarter of 2005. Net income for the third quarter of 2006 decreased 10.0% to $10.2 million, or 42 cents per diluted share, compare
Columbia Sales Up Double-Digits; Net Down 9.3%
Columbia Sportswear Company saw net sales increase 10.8% to $454.1 million for the third quarter from $409.8 million for the same period last year. Net income for the quarter decreased 9.3%to $60.3 million from $66.5 million last year. Compared to the thi
Deckers Beats Earnings Estimates; Sales Climb for All Brands
Deckers Outdoor Corporation third quarter net sales increased 19.0% to $82.3 million versus $69.2 million last year; ahead of previous guidance range of $71 million to $74 million. Diluted EPS was 83 cents; ahead of previous guidance range of 51 cents to
adidas Launches MLS Marketing Campaign
adidas launched a new interactive marketing campaign titled 'MLS Mash-up' centered around the 2006 Major League Soccer (MLS) Cup playoffs. Produced by EVB, the MLS Mash-up campaign pairs each MLS playoff team with a local
alternative band selec
Gramicci Expands Sales Organization
Gramicci's is hiring four new sales reps to help sustain momentum it says it has gained since launching a branding effort at OR Sumemr Market. David Vietze has joined Gramicci as the New England rep, Jared Levine will join Gramicci as southern Cali
West Marine Q3 Income Drops on Store Closing Costs
West Marine, Inc. reported net sales of $195.6 million for the third quarter, an increase of 3.7% from net sales of $188.6 million for the same period last year. In addition, comparable store sales increased 2.4% for the quarter. Net income was down 80.0%
Genesco Names Dennis as President and COO
Robert J. Dennis, current COO of Genesco Inc., has added president of the company to his title. In addition, Dennis was elected a director of Genesco. Dennis was named executive vice president and chief operating officer of Genesco in October 2005. He had
Unifi Fiscal Q1 Sales and Income Fall
Unifi, Inc.'s net income for the current quarter, including discontinued operations, was a net loss of $11.1 million or 21 cents per share compared a net loss of $3.1 million or 6 cents per share for the prior September quarter, which included $1.9 m
Glen Plake Joins Elan Skis
On the back of the news about Elan’s partnership with Dalbello in the USA, the company announced that Glen Plake will also be making the move to Elan Skis. Plake’s multi-year contract with Elan became effective October 15th…
K-Swiss Posts Flat Earnings Growth on Stronger International Business
K-Swiss Inc. reported that total worldwide revenues declined 2.6% to $133.1 million compared with $136.7 million in the prior-year period. Domestic revenues decreased 21.0% to $81.7 million in Q3, while international revenues increased 54.9% to $51.4 mill
Jarden Corp. Doubles Q3 Net Despite Declines at Outdoor Group
Jarden Corporation, parent company to Coleman, reported that net sales for the third quarter increased 10% to $1.0 billion compared to $938 million for the same period in the previous year. Net income was up 114% to $51.3 million, or 78 cents per diluted
Unifi to Acquire Division of Dillon Yarn Corp.
Unifi, Inc. has signed a definitive agreement to acquire the assets, including the inventory, of the Dillon Yarn division of Dillon Yarn Corporation. The purchase price will be approximately $65 million, comprised of $44.5 million in cash and approximatel
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