Deckers Outdoor Corporation fourth quarter net sales increased 36.7% to $124.4 million versus $91.0 million last year. Preliminary diluted EPS increased 93.6% to $1.82 versus 94 cents last year; ahead of previous guidance range of $1.27 to $1.30. Teva Bra
Author: SGB Media
Skechers Sues Asics for Libel and Unfair Competition
Skechers USA, Inc. has filed a lawsuit against Asics Corporation and Asics America Corporation for trade libel, unfair competition and tortious interference with prospective economic advantage and economic business relations. Skechers seeks injunctive rel
Outdoor Sports Marketing is Cascade Designs’ Rep of the Year
Cascade Designs Inc. named Outdoor Sports Marketing as 2006 Rep of the Year. The group’s efforts propelled strong growth in the Southeast U.S. territory for the company’s flagship brands: MSR, Therm-a-Rest, SealLine, Platypus and Tracks…
REI’s Fiscal 2006 Net Income Climbs 23% on 9.5% Comps
REI will distribute $58 million to its active members through the annual patronage refund based on the co-op's 2006 sales of $1.18 billion. For the year, REI's operating income increased 22.8% from $86 million to $105.5 million, and net income i
La Sportiva and Sugoi Ink Trail Running Team Deal
La Sportiva and Sugoi announce a partnership for the 2007 La Sportiva Mountain Running Team. Sugoi will be outfitting the team in its running-specific apparel…
Gander to Open New Minnesota Store
Gander Mountain Company will open the first of more than a dozen stores it plans to open in 2007. The newest store will be located in Eden Prairie, Minnesota at 12160 Technology Drive. The store's Grand Opening is scheduled for March 30…
Volcom Sales and Earnings Climb, EU Investment Should Pay-Off in 2007
Volcom, Inc. fourth quarter revenues increased 37.2% to $56.6 million, compared with $41.2 million in the fourth quarter of 2005. Net income for the fourth quarter of 2006, which includes a provision for income taxes using a 39.4% tax rate, increased to $
Cabela’s Positive Q4 Comps Boost Income 25.5%
Cabela’s Incorporated revenue for the fourth fiscal quarter of 2006 increased 15.6% to $781.0 million compared to $675.4 million for the fourth fiscal quarter of 2005. Net income for the fourth fiscal quarter of 2006 increased 25.5% to $53.4 million, or 8
Spenco Launches Pink Ribbon Program
Spenco Medical Corporation developed the Spenco Pink Ribbon Program whereby the company will donate a portion of its Q Factor sales to actively support the ongoing awareness of, and fight against breast cancer…
CGPR Increases Involvement with OIWC
CGPR will become a gold level sponsor for the Outdoor Industries Women’s Coalition, a non-profit association organized for the purpose of equipping women to reach their professional success in the outdoor industries through educational programming, networ
Thule’s 2006 Sales and Earnings Climb
Thule's fiscal 2006 sales were up 33% to SEK 4,217 million ($577.7 mm) compared to fiscal 2005 sales of SEK 3,160 million ($420.9 mm), an organic growth of 10.6%. EBIT operational income before depreciation of excess value and one-off items was up 25
Yakima Increases OIWC Sponsorship
Yakima will become a gold level sponsor for the Outdoor Industries Women’s Coalition (OIWC), a non-profit association organized for the purpose of equipping women to reach their professional success in the outdoor industries through educational programmin
Rebel Sports AU First Half Income Climbs 11.4%
Rebel Sport Limited’s consolidated net profit for the fiscal first half ended December 30, 2006 was A$14.4 million ($10.9 mm), a A$1.5 million ($1.1 mm) or 11.4% increase on the A$12.9 million ($9.7 mm) result achieved for the six months ended 31 December
NEOS sold to Norcross Safety Products
Norcross Safety Products recently announced a deal to acquire NEOS Overshoes. The deal closed in September 2006, but no details were released until recently. Norcross will be moving NEOS into its Rock Island, IL headquarters. Scott Hardy, founder of Willi
Sea Otter Classic Partners with Toyota to go Green
The Sea Otter Classic announced today that the San Francisco Region, Toyota Motor Sales, U.S.A., Inc., has joined the Sea Otter Classic and Clif Bar & Co. on a “Path to Sustainability.” The goal of Sea Otter's “Path to Sustainability” is to reduce th