Golf Galaxy, Inc. on Thursday announced the initial public offering of 3,950,000 shares of its common stock at $14.00 per share. The golf specailty retailer had planned the IPO in the $11 to $13 range. Golf Galaxy has granted the underwriters an option t
Author: James Hartford
K-Swiss Q2 Net Income Up 27% on International Strength
K-Swiss Inc. reported that net earnings for the second quarter of 2005 increased 27.1% to $16.8 million, or 47 cents per diluted share, compared with $13.2 million, or 35 cents per diluted share, in the prior-year period.
Total worldwide revenues increa
Russell Corp. Q2 Earnings Fall 54% on Flat Organic Sales
Russell Corporation reported fiscal 2005 second quarter earnings fell 54.1% to $4.7 million, or 14 cents per diluted share, compared to $10.2 million, or 31 cents per diluted share, in the second quarter last year. Russell issued a earnings warning two w
Federated Will Make Macy’s a Real National Nameplate with May Co. Deal
Federated Department Stores, Inc. will add about 330 Macy's locations nationwide in 2006 as it converts regional department store nameplates to be acquired through its pending merger with The May Department Stores Company. With these additions, Macy&
Mizuno Touts Market Share Gains in Latest Specialty Survey
Mizuno USA said its business continues to thrive in 2005, and again received high marks from running specialty retailers in a recent nationwide survey. Mizuno reported a 26% increase in running footwear and apparel sales through June of 2005 when compare
Puma Again Looks to U.S. for Growth in Q2 (and Beyond)
Puma AG reported that consolidated net sales grew 12.3% in to €395 million ($499 mm) from $425 mm) in the year-ago period. Currency-neutral sales were up 13.2% for the period. Footwear sales rose 16.7% currency-neutral (in Euro 15.7%), Apparel increased
Puma Sees Category and Regional Expansion in Phase IV; Sees non-Puma Brand Expansion
PUMA announced the launch of Phase IV of its long-term oriented business plan, in which PUMA will reinforce its position as one of the leading multi-category Sportlifestyle brands. PUMA will drive Phase IV and focus on three areas: Category Expansion, Reg
Puma to Replace Asia Pacific Licensees with JV’s; Sets Up India Sub
PUMA AG has signed a shareholders’ agreement with its current licensees for China and Hong Kong to set up a joint venture with Puma as the majority shareholder. The company has also agreed in principle to form joint ventures with its Taiwan licensee, and
Sales Reps Wanted — High Sierra Sport Company
High Sierra, a leading provider of daypacks & hydration, adventure travel & ski/snowboard luggage is seeking professional sales representation in key territories across the U.S. Qualified candidates will have 5+ years experience selling packs & luggage t
Aldila Q2 Net Jumps 68% on ASP and Unit Increases
Aldila, Inc. reported second quarter net sales increased 53% to $21.8 million versus $14.3 million in the year-ago period. Net income increased 68% to $3.6 million, or 66 cents per diluted share, compared to $2.2 million, or 42 cents per diluted share, i
Timberland to Launch Miōn Watersports Brand with Martin Keen
Everybody wants a piece of Keen, but Keen wasn’t for sale. Deckers wanted a piece and landed a new CEO in Angel Martinez. Timberland wanted a piece and went straight to the source and inked a deal for Martin Keen to design a new brand for the company.
Timberland Q2 Net Income Declines on Weaker U.S. Sales
The Timberland Company reported that second quarter net income declined 19.4% to $6.3 million, or 9 cents per diluted share, compared with net income of $7.9 million, or 11 cents epr diluted share, in the year-ago quarter.
Second quarter revenue increase
PowerBar Adds Carmelo Anthony and Tiki Barber to Athlete Roster
PowerBar has signed sponsorship agreements with Denver Nuggets forward Carmelo Anthony and New York Giants running back Tiki Barber, naming PowerBar as the exclusive nutritional energy bar supplier for these all-star professional basketball and football p
Columbia Makes Key Footwear and Apparel Appointments
Columbia Sportswear Company has appointed Brad Gebhard as VP of Footwear. In his new role, Gebhard will be responsible for the global strategic vision for the Footwear Division and will provide direction for the footwear design and merchandise functions.
Sales Reps Wanted — Penguin Brands
Penguin Brands, manufacturer of industry leading products; Penguin Shoe Care, Nathan Hydration and Reflective Gear, Sorbothane Insoles, and Sport Wash Apparel Care products, is looking for experienced representation in the following markets: New En
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