Mammut Sales Rise 8.8% in 2008…
Mammut Sports Group reported an increase in sales of 8.8% to CHF 192.6 million ($171 mm) lfor 2008 thanks primarily to buoyant demand for clothing and technical products. The company stated that without currency translation effects, growth would have reac
ECCO Sales Up Despite Tough Americas Business
ECCO posted another year of sales growth, though the recession had an obvious affect, slowing the mid-teens growth reported last year to mid-single-digit gains this year. Sales grew for the brown shoe, golf and performance businesses, but the company saw
The Walking Company to Restructure After Tough Q4
The Walking Company Holdings, Inc. reported fourth quarter net sales increased 3.9% to $ 79.6 million from $76.6 million last year as full year sales grew 3.5% to $241.5 million from $233.3 million in 2007. Sales growth was primarily due to the addition o
Shock Doctor Gets Injunction Against XO Athletic…
Shock Doctor, Inc. said XO Athletic Company had consented to a permanent injunction prohibiting it from infringing Shock Doctor’s Gel Max Mouthguard patent…
Under Armour CEO Misses ’08 Bonus
Under Armour, Inc. CEO Kevin Plank voluntarily cut his $500,000 salary to $26,000 last year, according to a filing with the SEC. When the company recently fell short of its 2008 revenue target of $775 million by nearly $50 million, Plank also became ineli
Li and Fung 2008 Sales Up 20%; Profits Slip
Li & Fung Limited reported revenues for the year ended December 31 was HK$110.7 million ($14.2 million), a 20% increase from last year’s numbers…
Gregory Revisited: One Year After the Buyout
In March 2008, Gregory Mountain Products became an independent company when it was acquired from Armor Holdings, Inc. by KSS Outdoor Holdings, LLC in an all-equity, zero-debt deal (BOSS_0813). Since the transition last March, the company has seen a signif
Ringstar Hires Director of Marketing and Brand Strategy
Chris Langathianos, a 12-year footwear veteran, has joined martial arts footwear manufacturer Ringstar, Inc. as Director of Marketing and Brand Strategy. In this new role, Langathianos will focus on developing the performance brand’s overall business stra
The Finish Line Narrows Q4 Loss Despite Comp Sales Decline
The Finish Line Inc.'s sales decreased 4.9% in the fourth quarter ended Feb. 28, to $364.1 million from $382.8 million a year ago. Consolidated comps were down 3.9%. By concept, comps were down 2.3% at Finish Line and 25% at Man Alive. The company re
ASICS Continues Sponsorship of Constantina Dita
ASICS Corp entered into a new four-year sponsorship contract for 2008 Beijing Olympic Marathon gold medalist Constantina Dita.The Kobe, Japan, sporting goods company has provided Dita with her footwear and clothing since 2003, and has had sponsorship agre
Escalade Sales Decline 19.9% for FY08
Escalade, Inc. reported a net loss for the year ended Dec. 27, 2008 of $7.5 million compared to income of $9.3 million in 2007. Earnings (loss) per share in 2008 was $(0.59) per common share compared to $0.72 last year. Net sales for the year ended Dec. 2
Targeted Endorsement Dollars Still a Wise Spend
Athlete and celebrity endorsement dollars are best spent when targeting a younger or minority sports or outdoor consumer in the U.S. That is one conclusion generated by the SportsOneSource 2009 Brand Strength Report that measures how American consumers v
Rossignol to Cut 30% of Workforce
Rossignol plans to reduce 30% of its global workforce, or about 450 jobs in total. According to www.france24.com, Rossignol chairman Bruno Cercley said in a statement that the layoffs were “unavoidable,” adding that the group was “determined to get back i
Jimmy Jazz Opens First Store in Indiana
Jimmy Jazz, the urban apparel and footwear chain, will be opening its first store in Indiana on April 3rd in the Lafayette Square Mall, located in the capital of Indianapolis. Additionally, Jimmy Jazz said it is anticipating up to 20 new store openings be
Lululemon Q4 Net Income Down on Comps Decline
Lululemon athletica inc. net revenue for the quarter ended Feb. 1, 2009 was $103.9 million, a 0.1% decrease from net revenue of $104.0 million in the fourth quarter of fiscal 2007. Net revenue from corporate-owned stores was $90.3 million, a decrease of 1
