Columbia Sportswear Company will acquire the Pacific Trail group of brands. The transaction is expected to close on March 30, 2006. The acquisition is the result of the March 29, 2006 auction in bankruptcy court of specified assets of Pacific Trail, Inc.
Author: SGB Media
Wynne Sees Final Judgment in Just for Feet SEC Case
The Securities and Exchange Commission announced that on March 28, 2006, the Honorable R. David Proctor, United States District Judge for the Northern District of Alabama, entered a Final Judgment As To Defendant Scott Wynne, enjoining him from future vio
Stride Rite Q1 Sales Climb 22%; Acquisition Charge Keeps Earning Flat
The Stride Rite Corporation first quarter fiscal 2006 sales were $183.4 million, an increase of 22% compared to the same period in the prior year. Net income for the first quarter totaled $8.3 million or 22 cents per diluted share, compared to the net inc
West Marine Fourth Quarter Loss Widens
West Marine, Inc. operating results for the fourth quarter and full year 2005 were further reduced, compared to previously-released preliminary results, by an additional $6.6 million pre-tax, non-cash impairment charge related to internal software costs n
SIA: Juniors SnowSports Sales Increase
As with all sports, the future of the snowsports industry lies in today’s youth embracing skiing and snowboarding. And, if this past season is any indicator, juniors are not only embracing snowsports, they are also accounting for a hefty chunk of purchas
G-III Inks Men’s Apparel Deal with Wal-Mart
G-III Apparel Group, Ltd. has expanded its relationship with Wal-Mart Stores, Inc. with a new young men's branded sportswear line, Exsto, which Wal-Mart recently acquired from G-III Apparel. The Exsto brand is aimed at price-conscious, male consumers
Brown Shoe Makes Three Executive Appointments
Brown Shoe Company, Inc. President Diane M. Sullivan added Chief Operating Officer to her responsibilities; Andrew M. Rosen has been promoted to Executive Vice President and continues as Chief Financial Officer, and Michael I. Oberlander has been promoted
G-III Narrows Fourth Quarter Loss on 80% Sales Increase
G-III Apparel Group, Ltd. fiscal fourth quarter ended January 31, 2006 net sales increased by 80.0% to $69.1 million from $38.4 million during the same period last year. The Company reported a net loss of $2.8 million, or 23 cents per share, for the three
Ryders Recognized for Ad Campaign
Ryders Eyewear was recently recognized by Canada’s Strategy Magazine, one of the country’s top marketing magazines, for their new “Ride for Real” marketing campaign…
G.I. JOE’S On-Track to Surpass $235 Million in Sales
G.I. Joe’s enters its 55th year with ongoing double-digit sales increases projected to continue through 2007. Sales for 2006 are on track to pass $235 million. The company celebrates its 54th Anniversary on April 2, 2006. The Anniversary comes on the heel
OIA and SIA Work Together to Solve Trade Barriers
Outdoor Industry Association and Snowsports Industries of America are working together to solve problems arising from the recent three-year, U.S.-China apparel agreement and the included exemption on ski and snowboard pants. The two organizations have dr
Sugoi Hires Sierra Designs Vet as VP of Sales
Sugoi Performance Apparel hired James Samuel who will join Sugoi April 17th as VP of Sales. Samuel has held sales and marketing roles in the performance sports sector for over 10 years. With tours as International Sales Manager for both Pearl Izumi and S
Golf Galaxy Adjusts Fiscal 2007 Guidance on GolfWorks Acquisition
Golf Galaxy, Inc. provided its fiscal 2007 outlook, which includes the impact of its recent acquisition of The GolfWorks. Golf Galaxy said that for its fiscal year ending March 3, 2007, net sales are currently expected to be $305 million to $315 million.
Big Dog Holdings Q4 Earnings Slip on 6.6% Sales Increase
As previously announced, Big Dog Holdings, Inc. consolidated net sales for the fourth quarter were $59.4 million, a 6.6% increase as compared to $55.7 million in the same quarter of 2004. The Big Dogs chain had a comparative store sales decrease of 6.6% w
Clif Bar Helps Sea Otter Offset CO2 Emmissions
Clif Bar & Co. and the Sea Otter Classic will together purchase enough clean wind energy to offset all of the carbon dioxide (CO2) emissions resulting from participant travel to and from the event. CO2 is the major cause of global warming and participant