LaCrosse Footwear, Inc. Q3 net sales were $36.9 million, up 12% from $32.8 million a year ago. Sales to the outdoor market were $21.8 million, a gain of 7%. Net income was $3.3 million or 52 cents a share, up 30% from $2.5 million, or 41 cents, a year ear
Month: October 2007
Sports Direct Doubles Stake in Umbro
Sports Direct, headed by U.K. billionaire Mike Ashley, filed papers notifying the London stock exchange that the retail chain has acquired a 29.9% stake in Umbro, almost doubling its original holdings in the company. Previously, Sports Direct owned roughl
SIA Moves Trade Show to Denver for 2010
SnowSports Industries America (SIA) will move their annual trade show to Denver starting in January 2010. SIA has signed an agreement to hold the event in Denver for ten years. SIA worked with the dates available at the Colorado Convention Center — the s
Faith-based Sports Brand Gains Investment
La Playa Holdings, a subsidiary of Podium Venture Group, has acquired a minority interest in VERuM Sports Inc., a faith-based sports brand. Atlanta-based VERuM, which is Latin for truth, partners with Christian athletes and sports organizations at all lev
Escalade Sports Supports Breast Cancer Awareness
Escalade Sports, in recognition of National Breast Cancer Awareness month, plans to donate ten percent of the retail price of every unit of its new Step Pink Special Edition Home Trainer to Susan G. Komen for the Cure to support breast cancer research. Th
Pacific Cycles Q3 Earnings Decline as Sales Inch-Up
Dorel Industries Inc. third quarter revenue was $440.1 million, up slightly from $436.3 million last year. Net income for the three months was $26.4 million or 79 cents per diluted share, compared to $25.1 million, or 76 cents, a year ago. Pacific Cycle’s
Billabong Completes South Africa License Acquisition
Billabong International Limited has completed the purchase of its formerly licensed business in South Africa. The agreement to undertake the acquisition was announced on June, 29 2007…
Diesel Brings Footwear In House
Diesel has terminated its U.S. footwear licensing agreement with Global Brand Marketing Inc., according to a report from Women's Wear Daily. Men's, women's and children's footwear distribution will become part of the Diesel U.S. subsi
CenterStone Adds Orvis to iVendix Client List
CenterStone Technologies, Inc., an international developer of Web-based sales order management software for manufacturers of outdoor and hunting gear, apparel, footwear and accessories, reports that The Orvis Company of Manchester, Vermont has selected th
Jarden Q3 Income Slips Despite 28% Sales Increase
Jarden Corporation third quarter sales increased 28% to $1.3 billion from $1.0 billion the prior year. Net income was $21.2 million, or 28 cents per diluted share, compared to $51.3 million, or 78 cents per diluted share, for Q3 of 2006, a 58.7% decline.
Under Armour Q3 Income Climbs 25%; Sales Jump 46%
Under Armour, Inc. net revenues increased 46.3% in the third quarter to $186.9 million from $127.7 million a year ago. Apparel revenues catapulted 44.8%. Net income increased 25.4% to $20 million, or 40 cents a share, from $16 million, or 32 cents. Result
Nike to Use Liquefied Natural Gas Trucks at Los Angeles/Long Beach Ports
Nike, Inc. and its affiliate, Converse, plan to switch a significant portion of their Los Angeles area harbor drayage fleet from diesel to new Liquefied Natural Gas (LNG) fueled vehicles. The “green fleet” announcement was made in conjunction with news th
Nautilus, Inc. Adopts Shareholder Rights Plan
Nautilus Inc. said its board adopted a shareholder rights plan, a provision that would make hostile takeovers difficult. An acquisition of 20 percent or more of its outstanding shares without the board's approval would trigger the rights plan. The s
Sports Chalet to Enter Utah
Sport Chalet Inc announced that it will enter the Utah market with the opening of a new 42,000 sq. ft. store in West Jordan this coming weekend. This location, which will feature an on-site SCUBA training pool, will be Sport Chalet's 49th store…
Volcom Q3 Sales Jump, but Q4 Outlook Slashed
Volcom, Inc. reported a 49% jump in third quarter revenues to $91 million from $61 million a year ago. Net income surged 42.2% to $14.5 million, 59 cents a share, from $10.2 million, or 42 cents. However, the surf company slashed fourth quarter expectatio
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