Thule will officially open a $3.7 miillion test lab at a Swedish factory Wednesday that in days can simulate conditions that used to take months to reproduce. The new test center includes a vibration table that can simulate true rural road tests. There is
Author: Charlie Lunan
Oil Prices Prompting Rise in Fortrel Fiber Prices
Rising oil prices prompted Wellman, Inc. to announce it will increase the price of all Fortrel polyester staple fiber products by 4 cents/lb starting April 15….
Sierra Design to Open New HQ by March 24
Sierra Designs said it expects to move into a more eco-friendly headquarters in Boulder March 19. The company, now based in Louisville, Colo., said it will be fully open for business at the building by March 24…
Timberland Okays 6M Share Repurchase Plan
The Timberland Company announced that its board of directors authorized the repurchase of up to an additional six million shares of the company's Class A common stock.
The program supplements a current six million share authorization, of which approx
Head to Delist from NYSE
Head N.V. said it plans to delist its ordinary shares from the New York Stock Exchange (NYSE) and stop reporting to the US Securities Exchange Commission. The company said, however, that it will continue to make English translations of its periodic and an
Outdoor Channel’s Losses Narrow on Lower Revenue
Outdoor Channel Holdings, Inc. said it narrowed its operating losses on less revenue in the fourth quarter as its ad sales rose while subscription fees declined. The company said advertising revenue rose 12.3 percent to $8.2 million for the fourth quarter
Hanesbrands to Submit to Social Compliance Audits
Hanesbrands Inc. has joined the Fair Labor Association and will undergo the FLA’s two-year implementation process for accreditation of the company’s global social compliance program. The FLA conducts unannounced independent external monitoring audits of a
West Marine Postpones Q4 Earnings Release
West Marine, Inc. delayed its fourth quarter earnings release so management could have more time to analyze current and historical expense accruals. The company said it would release its fourth quarter and fiscal year 2007 earnings and 2008 earnings guida
Titus Cycles Acquired by Another Arizona Firm
GAI Cycles of Phoenix, Arizona has acquired 100 percent ownership in Titus Cycles, Inc. (Titus) from Vyatek Sports, Inc. GAI’s management team has a strong and diversified background in operations, finance and business development with significant equity
Endura Appoints New U.S. Sales Manager
As part of an aggressive expansion drive in the US, Scottish cycle apparel maker Endura has appointed Mark Ashley to the newly created position of national sales manager for the United States…
ispo summer Suspended While Organizer Retools
Messe München GmbH has suspended its ispo summer show until further notice, broadened its alliance with Nielsen Business Media and is lanuching a show for Europe to meet growing demand for quick-turn sourcing in the sporting goods industry, the German com
Gramicci Puts Spring Line on Amazon.com
Apparel maker Gramicci has made its spring 2008 assortment available to online shoppers via Amazon.com's Sports & Outdoors store. Amazon.com is offering more than 130 of Gramicci's men’s and women’s styles. The move ensures that consumers see Gr
The Finish Line Comps Down 6% in Q4
The Finish Line said comp store sales fell 6% in the fourth quarter ended March 1. The mall-based retailer said comparable store net sales declined 5.4% at its Finish Line stores and 14.2% at its Man Alive stores. For the 52 weeks ending March 1, those fi
Gottschalks February Same-Store Sales off 9.5%
Fresno-Calif-based department store Gottschalks Inc. said same-store sales for the month of February fell 9.5% from the prior year. Total sales for the month decreased 11.5% to $37.7 million compared to $42.6 million in the same period of fiscal 2007. The
Bon-Ton Comps Fell 7.,2% in February
Same-store sales fell 7.2% at The Bon-Ton Stores, Inc. for the four weeks ended March 1, compared to the prior year period. Total sales for the four weeks decreased 8.7% to $217.0 million compared to $237.6 million for the prior year period…
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