Prime Rate Investors, Inc. announced that Nicholas Sprung, President of Stockli Ski USA, has been appointed to its Board of Directors. Stockli USA is a majority owned subsidiary of Prime Rate Investors and the exclusive distributor of the Swiss made Stock
Author: James Hartford
West Marine Q1 Loss Widens on 6.8% Comp Sales Decline
West Marine, Inc. reported net sales for the first quarter ended April 2, 2005 declined 3.0% to $125.3 million from net sales of $129.2 million in Q1 2004. The net loss for the quarter was $5.5 million, or a loss of 26 cents per share, compared to a net l
Amer Sports Currency Neutral Sales Up 5% in Q1
Amer Sports Corporation reported that net sales for the first quarter rose 2% to €277.8 million from €271.6 million in the year-ago period. In local currencies, net sales grew by 5%, with Wilson Racquet Sports division sales growing 6%, Golf posting a fla
Jayne Davison to Retire from TPC Network
Jayne Davison, the Director of Merchandising for the Tournament Players Club Network for the past 25 years, has announced her retirement from the PGA TOUR, effective this coming July 1…
Puma Q1 Net Income Up 13.5%; U.S. Futures Up 36%
PUMA AG reported that first quarter consolidated sales increased 11.9% to €497 million ($652 mm), or a 13.7% increase when reported in currency-neutral terms. Footwear sales were up were up 12.1% (in Euro 10.6%) to €338 million ($444 mm) and Apparel by 12
VF Outdoor Division Q1 Profits Up 133% on 13% Organic Growth
VF Corporation reported first quarter sales rose 9% to $1.56 billion from $1.43 billion in the year-ago quarter. Net income increased 18% to $122.9 million from $103.9 million, with earnings per share rising 15% to $1.07 from 93 cents per share. The acq
SEC Fines Deloitte and Touche Over Just for Feet Audit
Deloitte & Touche LLP has reached settlements related to the 2000 audit of Adelphia and the 1998 audit of Just For Feet. Each of these cases involves a consent decree, signed by Deloitte & Touche LLP, in which it neither admits
nor denies wrongdoing. As
Wilson Named Official Ball for Australian Open
Wilson Sporting Goods has signed a five year deal to provide the official tennis balls for the Australian Open and major lead-in tournaments on the Road to the Australian Open. The deal, which now makes Wilson the Official Ball for two of the four Grand
Brine Expands Team Brine with Passavia Signing
Brine, Inc. has inked defensemen Chris Passavia to a multi-year contract. Passavia will join Brine’s team of lacrosse super stars known collectively as Team Brine. As a member of Team Brine, Passavia will be working closely with the research and develop
Reebok Posts 5.1% Net Income Gain in First Quarter
Reebok International Ltd. reported that net income for the first quarter ended March 31 increased 5.1% to $43.2 million, or 70 cents per diluted share, compared to net income of $41.1 million, or 63 cents per diluted share, for the first quarter of 2004.
Stearns, Inc Acquires Leading Wader Company
Stearns® Inc., a division of K2 Inc., has acquired Hodgman,® Inc., a company founded in 1838, that K2 says is the market leader in unique and innovative waders and wading accessories. Hodgman products include the Guidelite®, Wadelite®, Lakestream®, Brig
Product Manager – anon optics
anon optics is seeking a Product Manager to be responsible for managing the conceptualization, development, and manufacturing of the anon optic line. As always, the goal is to deliver the best products in the industry at every price point, on time
General Merchandise Manager — Mountain Gear
Mountain Gear, a fast growing industry leading direct marketing company specializing in high-end outdoor apparel and equipment in Spokane, WA is looking for a General Merchandise Manager to plan, develop and implement overall merchandising programs
Zumiez Prices IPO; Shareholders Will Get 35% of Proceeds…
Zumiez, the 140-door action sports retailer that is gearing up for an Initial Public Offering, filed an amended S-1 with the SEC on Thursday pricing 1.875 million shares in the $15 to $17 per share range. At that range, the total raised in the IPO would
Product Manager Baseball/Softball — SSG
Sport Supply Group seeks experienced individual as Product Manager. This position will grow our baseball/softball, basketball and football product lines. Responsibilities will include product management and development of new sporting goods produ