New Stores Hurt West Marine Bottom Line…
The hit did not come as a shock to the company as it generally takes a full boating season before a new store will positively contribute to earnings.
Net sales for the first quarter were $132.6 million, an increase of 5.8% when compared to net sales of $1
Outdoor Again Leads VF Corp. in First Quarter
VF Corporation was hitting on nearly all cylinders during the first quarter of 2006, with solid performances coming from every division boosting both the top and bottom line. VFC was able to translate stronger-than-expected performances in its denim busi
And About Those EB Rumors…
During a conference call with analysts and the media, one analyst questioned VF’s Chairman and CEO, Mackey MacDonald about a recent speculative report in Women’s Wear Daily that stated VF could acquire Eddie Bauer.
While Mr. MacDonald said that VF will
OIA Capitol Summit 2005 Opens New Doors…
Each Year, Outdoor Industry Association hosts the Capitol Summit in Washington D.C. in order to give members the opportunity to have their voices heard in a collective lobbying effort, and each year Congress becomes more receptive to OIA’s message. OIA st
Sugoi Hires Murphy as Marketing Director
Sugoi Performance Apparel hired David Murphy as Marketing Director. With a successful history in sports marketing, Murphy brings both North American and Global experience in the performance sports sector to Sugoi. With stays at both adidas America and ad
Kelty Named Stroller Sponsor of Baby Boot Camp
Kelty will be the exclusive stroller sponsor of Baby Boot Camp, a national mom-and-baby fitness and strength program with classes in more than 160 locations across the United States, Canada, Australia, and Bermuda.
Columbia Sees 5.9% Q1 Sales Increase
Columbia Sportswear Company posted first quarter net sales of $260.2 million, an increase of 5.9% over net sales of $245.7 million for the same period of 2005. The company reported net income for the first quarter of $19.5 million, an 8.5% decrease compar
Rocky Shoes and Boots Sees Sales and Net Slip in Q1
Rocky Shoes & Boots, Inc. net sales for the first quarter were $57.5 million, down from $61.5 million for the corresponding period a year ago. Net income was $0.9 million versus net income of $1.1 million and diluted earnings per share was 16 cents versus
Brunswick Boat Group Acquires Diversified Marine Products
The Brunswick Boat Group has acquired Diversified Marine Products, the largest marine supply distributor on the West Coast. Based in Los Angeles, Diversified Marine will join with Land 'N' Sea, Kellogg Marine and Benrock to extend the largest di
Russell Corp. Brands May See Greater Economies of Scale through Berkshire Hathaway Deal…
In classic Warren Buffett tight-lipped fashion, in-depth details of the announced merger of Russell Corporation into Buffett’s Berkshire Hathaway Inc. were scarce. Based on a release issued last Monday by RML, Berkshire Hathaway will acquire Russell Corp
ICON Counters Sales Declines With Back-End Efficiencies to Swing to Profit in Fiscal Q3…
After a strong start to its fiscal year, the fortunes of ICON Health & Fitness, Inc. have faded over the past two quarters, as the company posted sales declines of 6.4% in Q2 and 3.9% in the most recent quarter. That’s a tough nut to swallow when the two
Oakley Q1 Sales Increase 7%; Net Falls…
Oakley, Inc. increased its net sales during the first quarter by refocusing its energies on the optics category. However, returns and clearance in the electronics and footwear categories, along with the strengthening of the Dollar, caused the company’s ma
New Era Cap Gets in the Retail Game…
New Era Cap Co., Inc. will open its first flagship store in New York City. New Era: New York, which will be located at 9 E. 4th Street, in New York City’s Greenwich Village, is slated to open in May 2006 and will feature the entire line of New Era, from t
Converse Infringement Suit Back On…
The Fifth Circuit Court of Appeals panel agreed unanimously to reinstate a trademark infringement and dilution lawsuit filed in 2003 by six predominantly African-American fraternities and sororities. The suit was originally filed in a U.S. District Court
Unifi Sees 12.7% Q3 Sales Decrease
Unifi, Inc. posted a net loss from continuing operations for the company's third fiscal quarter of $1.3 million or 3 cents per share, a slight improvement from a net loss of $1.6 million or 3 cents per share for the prior year's quarter. Net sal