Globe Sees H1 Sales Improve…
Globe International, like the other Australian businesses with a bulk of sales in the U.S. saw currency exchange rates eat into what would have been strong results for the fiscal first half. The company saw H1 net sales grow 2.8% to $63.6 million, but wou
Speedo Sales Dip 12% in 2007…
Speedo revenues for 2007 fell 12%, or about $30 million, primarily due to a reduction in shipments to clubs. On a positive note, Warnaco, its parent, noted that Speedo's shipments to its team dealer network and sporting goods stores were up 3%, and S
Pyranha Now Sitting on Top with Kayak Acquisition…
Two months after closing a deal to distribute a line of sit-on-top kayaks from Thailand, Pyranha USA has lined up 20 dealers. The company expects the addition of Feel Free recreational kayaks to double its unit sales in 2008 and to triple dollar sales wit
Columbia Realigns Montrail Under Mountain Hardwear
Columbia Sportswear Company announced that effective May 1, 2008, all sales, marketing and service functions for Montrail Inc. will be realigned under the management team of Mountain Hardwear Inc. Montrail product sourcing functions will remain under Colu
Puma Sees Strong Q4 Sales Currency-Neutral, But Weak Showing in Americas
Puma reported a currency-neutral fourth quarter sales jump of 10.3% to €504.5 million ($730.8 mm), but saw those gains affected by the weakened U.S. dollar. Footwear rose by 7.0% to €277.2 million ($401.5 mm), Apparel by 14.8% to €194.7 million ($282.0 mm
K-Swiss Sees Tough End to Tough Year
K•Swiss Inc. saw net earnings for the fourth quarter drop 94.4% to $596,000 from $10.7 million last year as total worldwide revenues decreased 16.7% to $78.2 million from $93.8 million in the prior-year period. Total worldwide revenues for 2007 decreased
MLS Partners With GSI Commerce
GSI Commerce Inc. has become the new, full-service e-commerce solution provider for Major League Soccer (MLS) recently re-launching the league's Web store at http://www.mlsgear.com. With the addition of MLS, GSI provides e-commerce solutions for near
Phoenix Footwear Names New President of Tommy Bahama Footwear
Phoenix Footwear Group, Inc. appointed James Clopton as president of its Tommy Bahama Footwear and H.S. Trask divisions, effective March 3. Clopton brings to Phoenix Footwear over 30 years of senior level footwear, accessories and apparel experience. Prio
Footjoy Renews Contract With the AJGA
FootJoy, one of the brands that make up the Acushnet Company, has extended its commitment to the American Junior Golf Association for another five years, through 2013. FootJoy, an Official Partner of the AJGA since 2004, will continue its sponsorship of t
“Leave No Child Inside” Fund Bill Dies in New Mexico Legislature…
A bill aimed at raising nearly $2 million a year in tax revenue to pay for New Mexico's Outdoor Classroom Program died in committee on the last day of the session…
GE Energy Opens eVent Lamination Facility in China
GE Energy has begun taking orders for eVent fabric from Chinese cut-and-sew operations at a new 7,000-square-meter manufacturing and laboratory facility in Shanghai, China. GE built the facility to be closer to customers of its membranes business, includ
Cascade Designs Hires European Sales Manager
Cascade Designs, Ltd., announced that Annette Jansen has joined the company as European Regional Sales Manager. Jansen will take responsibility for specific regions within the European sales team and help support the rapidly growing sales of Therm-a-Rest,
Weyco Group Q4 Profits Up Slightly
Weyco Group Inc. reported slightly higher profits for the fourth quarter, despite flat retail sales and declining U.S. sales of the key Florsheim brand. Net income increased 1% to $7.8 million, or 66 cents per share, compared with $7.7 million, or 64 cen
Nike Inc. Divests Bauer Hockey in $200 mm Deal…
The deal that has been the talk of the hockey industry since late September finally occurred last week as Nike reported reaching a definitive agreement to sell its Bauer Hockey subsidiary to an investor group led by Kohlberg & Company and Canadian busines
Volcom Sees Strong Q4 Sales Growth, but PacSun Issues Give Worry to 2008…
Volcom, Inc. posted strong growth on the top line for the fourth quarter, but saw decreased margins eat into net income for the period. The largest worry for the coming year appears to be the company’s PacSun business, which it expects to be down in the
