Russell Corporation's Spalding division has signed a strategic alliance agreement with Kangwei to design, manufacture and sell Spalding products in China. The agreement covers athletic apparel, footwear and accessories. Kangwei has established a sep
Author: James Hartford
The Buckle Sees Q1 Profits Surge 46.4% on 11.4% Sales Gain
The Buckle, Inc. reported that net income jumped 46.4% on an 11.4% sales increase for the first quarter ended April 30, 2005. Net income for the first quarter of fiscal 2005 was $8.6 million, or 40 cents per diluted share, compared with $5.9 million, or
Converse to Partner with Hurley on Footwear Development
Nike, Inc. is realizing more synergies in its global multi-brand strategy, announcing Thursday that Converse will partner with Hurley to produce Hurley footwear beginning with the Spring/Summer 2006 season. Converse and Hurley will collaborate together o
Sportsman’s Guide to Raise $55 Million in Secondary Offering
The Sportsman's Guide, Inc. has filed a registration statement with the Securities and Exchange Commission for a proposed public offering of 2,500,000 shares of its common stock. The company plans to grant the underwriters of the offering an option t
Genesco Gets Solid Q1 Comp Sales Gains Across All Units
Genesco Inc. reported net sales of $286 million for the first quarter ended April 30, 2005, compared to $226 million for the same period last year. The Company also reported that Journeys' same store sales increased 7%, Hat World's same store sa
Quiksilver Inks Tony Hawk Deal with Kohl’s
Kohl's Corporation and Quiksilver, Inc. on Wednesday jointly announced the signing of a license agreement, under which Quiksilver would grant exclusive rights to the Tony Hawk clothing brand to Kohl's. The license encompasses a range of apparel
Adams Golf Sees Insurance Pay-Out Save Rough Q1
Adams Golf reported that total net sales decreased to $16.8 million for the three months ended March 31, 2005 from $17.8 million for the comparable period of 2004. The decline was due primarily to slower than anticipated sales of fairway woods. Net inco
Columbia Signs Licensing Deal to Enter Bicycle Market
Columbia Sportswear Company has signed a license agreement with World Wide Cycle Supply, Inc. for the design, manufacture and marketing of a new line of outdoor bikes and bike accessories. Global distribution for the Columbia collection will be managed by
Sport Supply Swings to Profit for Fiscal Q4 and Year
Sport Supply Group, Inc. reported its fourth consecutive quarter of significantly improved operating results, with revenue for the fiscal fourth quarter ended March 31 increasing 12.8% to $27.4 million from $24.2 million in the year-ago period. Gross mar
Mayfair Acquires Nearly 17% Stake in Puma AG
PUMA AG announced that “Mayfair Vermögensverwaltungsgesellschaft mbH” has acquired a total of 16.91% shareholding in PUMA AG Rudolf Dassler Sport. Of that total, 9.78% is still awaiting regulatory approval by the antitrust authorities. The shares were pur
Johnson Outdoors Q2 Outdoor Equipment Sales Suffer from Military Slowdown
Johnson Outdoors Inc. announced an increase in net sales and slightly lower net income for the fiscal quarter ended April 1, 2005. JOUT benefited from another strong performance by the Marine Electronics business unit and reduced operating losses in Wate
Obituary — Jackie Schlicht
The National Sporting Goods Association is reporting that Jackie Schlicht, wife of former NSGA Chairman of the Board and retired owner of Milwaukee Sporting Goods Jack Schlicht, died unexpectedly Monday. Jackie was a graduate of Carroll College and worked
Top Golf Instructor Joins Mizuno Advisory Staff
Dr. Gary Wiren, the 9th ranked instructor in Golf Digest’s “Top 50 Instructors”, has signed on as an Advisory Staff Member for Mizuno USA, Inc. Dr. Wiren will utilize and promote Mizuno equipment in his duties as Master Teaching Consultant at Trump Inter
Big Dog Narrows Q1 Loss on Walking Company Lift
Big Dog Holdings, Inc. reported that consolidated net sales for the first quarter ended March 31 were $31.3 million, a 43% increase compared with $21.9 million in Q1 2004. Sales increased primarily due to the addition of $10.6 million of revenue from The
Nautilus Acquires Canadian Distributor; Will Expand Operations
Nautilus, Inc. has acquired certain assets and assumed certain liabilities of Winnipeg-based Belko Canada for approximately $5.5 million in cash. Belko Canada has served as the exclusive Canadian distributor of Bowflex and Schwinn Fitness branded product
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