Columbia Sportswear Co.'s third quarter sales increased 4% to $471.1 million as gains in the Columbia brand and Moutain Hardware offset declines at Sorel and Montrail. Net income dropped 4% to $62.6 million, or $1.72 a share. Among categories, sales
Month: October 2007
Amer Names Paalanne as EVP
Pekka Paalanne has been named EVP of Amer Sports Corp. Paalanne will continue to be responsible for finance and treasury, communications and brand management, legal affairs, investor relations, competitor analysis and human resources. He has been an Amer
Deckers Q3 Sales Jump 57% on UGG Strength
Deckers Outdoor Corp. saw a 57.2% jump in third quarter sales to $129.4 million from $82.3 million last year. Diluted EPS increased 81.5% to $1.47 from 81 cents, as restated, and ahead of previous guidance of approximately $1.20. UGG sales increased 67.5%
Thule and Master Lock Ink Product Partnership
Master Lock and Thule formed a strategic partnership. The companies will distribute each other’s existing products to their respective customers, and will collaborate to develop and market new innovations. As a result of this partnership, each company wil
ASICS Continues NYC Marathon Sponsorship
ASICS Corp will serve as principal sponsor the ING New York City Marathon for the nineth consecutive year. As the principal sponsor, ASICS will again host the largest vendor booth at the three-day ING New York City Health and Fitness Expo and outfit more
Reebok Names O’Toole as North America President
Reebok International has promoted Matt O’Toole to president of Reebok North America, the brand’s largest business unit. O’Toole, whose appointment becomes effective November 5, is currently the president and CEO of Reebok-CCM Hockey, a wholly-owned subsid
Unifi Q3 Sales Inch Up On Dillon Acquisition
Unifi, Inc. saw fiscal first quarter net sales from continuing operations nudge up to $170.5 million from $169.9 million a year ago. Results include the Dillon acquisition in January 2007. Including discontinue operations, the textile maker showed a defic
Wolverine Makes Management Changes
Wolverine World Wide Inc. made several key promotions and organizational changes. Among the appointments, Stephen Gulis, Jr. will become president, Global Operations Group; Scott Sible, president of the Outdoor Group; Nicholas P. Ottenwess, SVP – operati
Ashworth Names Fletcher as CEO
Ashworth, Inc. named Allan Fletcher CEO, effective immediately. In addition, the company appointed Greg Slack CFO. Peter Weil, former Ashworth CEO, has resigned to spend more time with his family on the East Coast. Weil will continue to provide consulting
Sports Direct Director Resigns
Sports Direct Inc., the U.K. sporting goods chain, said Chris Bulmer, it's senior non-executive director, had resigned. It named two others to the board. Bulmer is the second director to quit since Sports Direct's initial public offering in Febr
West Marine Q3 Income Jumps Following Restructuring; Cuts FY Guidance
West Marine third quarter net income increased 81% to $5.3 million, or 24 cents per share, for the thirteen weeks ended September 29, 2007 compared to net income of $2.9 million, or 14 cents per share, for the same period last year. Comparable store sales
Hanesbrands Third Quarter Earnings Decline as Sales Inch Up
Hanesbrands Inc., which owns Champion and Hanes, reported third quarter sales increased 3.1% to $1.15 billion but earnings per diluted share decreased to 40 cents compared to 52 cents a year ago primarily as a result of higher interest expense associated
Black’s Leisure Comps Increase 3% in First Half
Black's Leisure, fiscal first half interim results for the 26 weeks ended 1 September saw Group comparable store sales grow 3.0% with a strong recovery at Millets as comps grew 6.4%. There was also marked improvement in Blacks and Millets performance
PacSun Looks at Strategic Alternatives for demo; Will Close One Thousand Steps
Pacific Sunwear of California will explore strategic alternatives for its demo urban chain and close its newer One Thousand Steps shoe boutique concept. The two chains collectively generated a pre-tax operating loss of approximately $21 million during the
Conservation Alliance Lobbies Congress for Wilderness
A group of four Conservation Alliance members traveled to Washington DC to talk to members of Congress about the importance of securing new Wilderness designations in Rocky Mountain National Park and elsewhere in Colorado. Representatives from Chaco, GoLi