Cybex International, Inc. returned to profitability in the fourth quarter after adjusting its earnings to reflect the final costs of settling a multi-million product liability case. But the company also reported an 8 percent gain in net sales fueled large
Month: February 2012
Longworth Industries Names 2011 Reps of the Year
Longworth Industries, parent company of Polarmax, XGO, and AYG 365’s branded technical base layers, named Spence Bocks and Bill Kendall as its reps of the year for 2011 for the Polarmax and AYG Underwear brands, respectively.
Black Diamond Kicks Off Stock Offering
Closely-held Black Diamond, Inc. offered 7.75 million shares of stock at $7.50 a share in a public offering aimed at raising more than $50 million to pay off debt and finance acquisitions. The company's plans call for making enough acquisitions to gr
Skechers Q4 Loss Swells on Toning Weakness
Skechers USA, Inc. reported sales for the fourth quarter were $283.2 million as compared to $454.6 million in the fourth quarter of 2010. Loss from operations in the fourth quarter of 2011 was $103.1 million versus earnings from operations of $1.4 million
Derby Cycle AG Reports Q1 Investment Banking Fees Hurt Profits
Derby Cycle AG, Germany's largest bicycle manufacturer in terms of revenue, reported revenue reached €40.3 million ($54 mm) in the first quarter ended Dec. 31, 2011, up 6.6 percent from €37.8 million ($51 mm) in the prior-year period to,
Sperry Top-Sider Adds New Licenses
Sperry Top-Sider signed three additional new license agreements to expand Sperry Top-Sider branded products into the categories of luggage, watches and eyewear…
OIA Webinar to Focus on Working with the Federal Government
Outdoor Industry Association (OIA) will present an online webinar on Friday, February 17, focusing on the opportunities and challenges of working with the federal government…
Rocky Brands Q4 Sales Slipped on Lower Military, Licensing Sales
Rocky Brands, Inc. reported net sales were $64.0 million for the fourth quarter ended Dec. 31, 2011 versus net sales of $66.7 million a year earlier…
Hanesbrands Q4 Performance Hurt by Retailer Pull Back
HanesBrands reported fourth quarter, earnings and sales growth were affected by an unexpected and substantial slowing of orders in December because of retailer inventory management. Net sales in the quarter decreased slightly to $1.15 billion, and earning
Jarden Outdoor’s Sales Slow Sharply in Fourth Quarter
Jarden Corp. reported its Outdoor Solutions segment generated net sales of $614.5 million in the fourth quarter ended Dec. 31, 2011, up 1.7 percent from the year earlier quarter. The segment owns such brands as Abu Garci, Berkley, Coleman, ExOfficio, K2,
Suunto Names Über Group 2011 Rep of the Year
Suunto USA named Über Group its sales agency of the year for worth done in the Southeastern United States in 2011…
GDP Declined in Europe in Fourth Quarter
Gross domestic product (GDP) fell by 0.3% in both the 17-nation euro area and the 27-nation European Union during the fourth quarter of 2011, compared with the previous quarter, according to flash estimates published by Eurostat, the statistical office of
Riddell Sports Renews Partnership with USA Football
Riddell Sports renewed its partnership with USA Football, the sport's national governing body in the United States. As USA Football's official football helmet and protective equipment partner, Riddell will…
Haglöfs Establishes Japanese Subsidiary
Haglöfs has established its own subsidiary in Japan after doing business in thge country for 18 years. Asics acquired the Swedish outdoor brand in 2010…
Puma’s Q4 Revenues Climb 16 Percent
Puma reported earnings more than doubled in the fourth quarter as currency-neutral sales grew 15.8 percent. Puma said it expects sales to rise by a high-single-digit percentage in 2012 and 2013, and net income to increase at a mid-single-digit pace in eac
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