Columbia Sportswear Company announced changes in its management staff. Paul Gils has been appointed General Manager Europe and Mike Prendergast has been promoted to President Sorel Division. Gils joins Columbia following a ten year career with Nike Europe
Author: James Hartford
Cabela Eyes Colorado for New ‘Massive’ Store
Cabela's Incorporated is in negotiations with Coors Brewing Company to build a massive 200,000-square-foot store in Wheat Ridge, Colorado, and plans to have it open for business by mid-2006. The store, to be built as part of a development along I-70
GSI Commerce Narrows Q3 Loss; SG Sales Up 45%
GSI Commerce Inc. increased third quarter net revenues 44% to $68.6 million and reported a net loss of $3.0 million, or 7 cents per share, versus a loss of $5.5 million in the year-ago period. Net revenues from the sporting goods category increased 23% t
Big 5 Sees Q3 Net Income Jump 38% on 2.6% Comp Sales Gain
Big 5 Sporting Goods Corporation reported that net sales for the 2004 third quarter ended September 26 increased 6.8% to $195.8 million from $183.3 million in the third quarter of fiscal 2003. Same store sales increased 2.6% versus the same quarter last
Amer Group Q3 Suffers from Charges, Tobacco Exit
Amer Group reported that third quarter net sales declined 6.4% to €278.7 million ($340.8 mm) from €297.9 million ($335.6 mm) in the year-ago quarter. Excluding the FX rate effect and the withdrawal from tobacco business in March, sales would have increas
Saucony Sees Another Solid Quarter, But Futures Slow
Saucony, Inc. reported that net sales for the 2004 third quarter increased 32% to $42.3 million, compared to $32.0 million in the third quarter of 2003. Net income increased 59% to $3.4 million, compared to $2.2 million in the third quarter of 2003. Bac
Columbia Signs Outdoor Accessories Licensee
Columbia Sportswear Company has signed a license agreement with Coast Cutlery for the design, manufacture and marketing of a line of outdoor accessories, including knives, multi-tools, compasses and LED lights. Additionally, hiking sticks, binoculars, fie
Nautilus Q3 Profits Up on Land Sale; Sales Up 6.3%
The Nautilus Group, Inc. reported that third quarter net sales increased 6.3% to $123.2 million compared to $115.9 million for the corresponding period last year. Net income during the period was $7.4 million, or 22 cents per diluted share, compared to $6
Bell Sports Inks Tony Hawk to Helmet Deal
Bell Sports has signed skateboard champion Tony Hawk to the company's roster of premier athletes wearing Bell helmets. Hawk will wear the Bell Faction helmet in 2004 and is working with Bell to design a signature line for 2005. Hawk is a six-time X G
Bravo Completes Variflex Acquisition
Variflex, Inc. and Bravo Sports, a privately held leading global manufacturer and marketer of branded and OEM hard goods, components and accessories for the skateboard and in-line skating markets, announced that Bravo Sports has completed the acquisition
Columbia Signs License Deal for Insulated Products
Columbia Sportswear Company has signed a license agreement with California Innovations, Inc. for the design, manufacture and marketing of a line of insulated products, including coolers, lunch packs, thermal mugs and bottles. Baby and diaper bags, designe
Escalade Sports Sees Early Shipments Boost Q3
Escalade Sports' sales of sporting goods products increased 13% for the quarter to $61,486,000 bringing year to date net sales to $107,795,000, a 17% gain over the prior year's comparable period. For the quarter, the increased sales are primaril
Collegiate Pacific to Exceed Fiscal Q1 Estimates
Collegiate Pacific now sees consolidated net sales for its first quarter ended Sept 30, 2004 exceeding $27 million vs. $5.9 million in the year ago period, and vs. consensus estimates of $22.5 million…
Timberland Q3 Net Income Up 29% on Balanced Sales Gains
Timberland reported record third quarter net income of $68.6 million and diluted EPS of $1.92, compared with Q3 2003 net income of $53.3 million and diluted EPS of $1.47. Revenue increased 11.3% to $493.9 million, driven by gains in both U.S. and interna
Deckers Profits Jump 1100% on 124% Sales Increase
Deckers Outdoor Corporation reported that third quarter net sales increased 124% to a record $55.8 million compared to $24.9 million in the same period last year. Net earnings for the quarter increased to $5.8 million or 46 cents per diluted share, compar