Escalade, Inc. revenues for the second quarter of 2011 were up 14 percent over the same quarter last year and year-to-date revenues were up 13 percent over the same period last year. After additional investment in new product development and marketing, th
Author: James Hartford
Tag Heuer Latest to Drop Tiger Woods
TAG Heuer ended its endorsement agreement with Tiger Woods when it expired last month. The deal is believed to be in the neighborhood of $10 million per year. The company initially signed Woods to the endorsement contract n 2002…
Mizuno Corp. Sees Fiscal Q1 Gains on Softgoods Strength
Mizuno Corp. reported that total fiscal first quarter sales rose 0.9 percent to �41.5 billion ($509 mm) from �41.2 billion ($447 mm) in the year-ago quarter. Operating profit was �3.2 billion for the three-month period ended June 30, up 6.2 percent
Gaiam Q2 Sales Decline on Reduced Ad Spend, Lower Retail Inventories
Gaiam Inc. net revenue for the second quarter declined 10.1 percent to $50.7 million from $56.4 million recorded in the same quarter last year. The decrease in net revenue was primarily attributable to a sales decline resulting from the company's pre
Sports Authority to Open Six Stores Nationwide in August
Sports Authority will open six new stores in five states nationwide on August 13th, focusing on the major markets of Miami, Los Angeles, Salt Lake City, Chicago and Milwaukee.
Adams Golf Sees Q2 Profits Shrink Despite Sales Gains
Adams Golf reported net sales of $34.1 million for the second quarter, compared to $31.6 million for the year-ago period, an increase of 8 percent year-over-year. The company posted a net profit of $2.9 million, or 36 cents per fully diluted share, for th
Jarden Corp. Announces $500 Million Stock Repurchase Program
The Jarden Corporation Board of Directors has approved a new stock repurchase program for up to $500 million of its common stock. The company also stated that during the current quarter it completed the $150 million repurchase program first authorized in
Skechers Inks Licensing Deal for Branded Youth Electronics
Skechers USA, Inc. has signed a licensing agreement with Sakar International to produce youth electronics and accessories featuring Skechers branding and Skechers Kids’ animated characters…
Descente Swings to Small Fiscal Q1 Profit
Descente reported sales for the fiscal first quarter ended June 30 increased 11.3 percent to ¥16.47 billion ($202 mm) from ¥14.76 billion ($161 mm) in the year-ago period. Gross margins slipped 40 basis points to 47.6 percent of sales for the quarter, co
Broder Bros. Q2 Net Income Triples
Broder Bros., Co. reported that second quarter 2011 net sales were $227.1 million compared to $211.6 million for the second quarter 2010. Net income for the second quarter 2011 was $16.0 million, or $1.54 per diluted share, compared to $5.0 million, or 5
Asia Bike Makes ”Good Start” in Debut
''A good start to a high standard'' is how Ludwig Meier, member of the management of Messe Friedrichshafen, summed up the first ''asia bike,'' which made its premier in China from July 27th to 30th, 2011…
The Asia Outdoor Show Ends With Record Participation
Organizers of the sixth edition of The Asia Outdoor show siad the event, which took place from July 27th to 30th in Nanjing, China, ended as a record-breaker, with 19,180 industry visitors (+17.5 percent), 452 exhibiting brands (+26 percent) and 405 media
NSSF Files Suit Against ATF to Stop Reporting Changes
The National Shooting Sports Foundation (NSSF), the trade association for America's firearms industry, has filed a lawsuit challenging the legal authority of the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) under the Gun Control Act to c
Canadian Tire Gets Regulatory Nod For Forzani Deal
Canadian Tire Corporation's wholly-owned subsidiary, FGL AcquisitionCo Limited, has received a letter from the Competition Bureau indicating it does not intend to take any action with respect to Canadian Tire's acquisition of all the Class “A” s
Big Rock Sports Finalizes Inland Pacific Acquisition
Big Rock Sports, LLC, has finalized the acquisition of Inland Pacific Distributors, Ltd. Inland Pacific, which is based in British Columbia, operates out of three regional distribution centers across Canada, and has been servicing the independent sportin
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal