Robert J. Corliss, former president/CEO at The Athlete's Foot, became CEO and president of Utix Group, Inc, a leading prepaid gift tickets provider. Corlis resigned from The Athlete's Foot in May following the sale of the franchisor to NexCen Br
Month: October 2007
Crocs Q3 Sales Increase 130%
Crocs revenues for the third quarter increased 130% to $256.3 million compared to $111.3 million for the quarter ended September 30, 2006. Net income for the quarter ended September 30, 2007 was $56.5 million, or 66 cents per diluted share, compared to $2
Cabela’s Hires New CHRO
Cabela’s Incorporated hired Charles Baldwin as vice president and chief human resources officer. Baldwin will be responsible for managing Cabela’s growing family of employees and attracting, retaining and developing talent for Cabela’s…
Grassroots Adds Idaho Mountain Touring to Roster
The Grassroots Outdoor Alliance has added it's 34th Member and 73rd store to their membership base of outdoor specialty retail stores. Idaho Mountain Touring joined the independent outdoor retail group this week…
Pacific Sunwear Hires Financo as Financial Advisor
Pacific Sunwear of California, Inc. has retained Financo, Inc. as its financial advisor to identify and explore strategic alternatives for the company's 154 demo stores. On October 24, PacSun announced its intention to explore strategic alternatives
Under Armour Opens First Store
Under Armour Inc. on Thursday will open its first retail location at the newly expanded Westfield Annapolis Mall in Maryland. The 4,500-square-foot store is made to look like what's underground at a stadium and is intentionally designed to recreate t
Half-Moon Outfitters Raises $6,000 for Coastal Conservation League
Half-Moon Outfitters hosted it�s 7th Annual Island Giant Kayak Race Saturday, October 27th at the Isle of Palms, South Carolina. This event raised $6000 for the Coastal Conservation League, who fight to protect the natural environment of the South Carol
Iconix Q3 Licensing Revenue Nearly Doubles
Iconix Brand Group licensing revenue for the third quarter of 2007 increased 93% to approximately $42.7 million, as compared to approximately $22.1 million in the third quarter of 2006. Net income for the third quarter increased 114% to $17.0 million vers
Garmin Q3 Sales Climb 79%; Earnings Grow 57%
Garmin Ltd. third quarter revenue was $729 million, up 79% from $408 million in third quarter 2006. Outdoor/Fitness segment revenue increased 24% to $88 million and the marine segment revenue increased 17% to $48 million. Diluted earnings per share increa
Garmin Makes Counter-Offer for Tele-Atlas
Garmin intends to make a public offer for all the outstanding shares of Tele Atlas N.V. on a fully diluted basis at an indicative offer price of €24.50 in cash per share, implying an equity value for the Company of €2.3 billion. The intended Offer will be
Quiksilver Inks Deal to Sell Cleveland Golf
Quiksilver Inc. has reached a definitive agreement to sell 100% of the stock of its Cleveland Golf Company Inc. subsidiary to SRI Sports Limited, based in Japan. The transaction value is $132.5 million and is expected to close during before January 31, 20
Hanesbrands Inc. Inks Disney Deal
Hanesbrands Inc. signed a wide-ranging marketing deal with Walt Disney Co. that includes product co-branding, attraction sponsorships and signage at Disney parks and resorts. Under the 10-year deal, all basic apparel sold by Disney at its parks and resort
L.L.Bean Earns Worker Safety Standards
L.L.Bean has become the 15th Maine employer to enroll in a program that lets companies develop and maintain employee protections beyond federal safety regulations. A ceremony on Tuesday marked the entry of L.L. Bean's Brunswick manufacturing facility
Sport Supply Group Q1 Net Rises 24.2%
Sport Supply Group, formerly Collegiate Pacific, reported revenues grew 3.2% in its first quarter ended Sept. 30, to $70.4 million from $68.2 million. Net income improved by 24.2%, to $4.1 million, or 31 cents a share, from $3.3 million, or 28 cents, a ye
Reef Promotes Marketing Directors
Reef, a subsidiary of VF Corp., promoted Lindy Williams to Girls’ Marketing Director and PJ Connell to Men’s Marketing Director. Said Kevin Flanagan, Reef VP of Marketing. “Both have been instrumental in growing Reef during the brand’s explosive year wher
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