Nautilus, Inc. filed a report with the SEC stating that the company will report adjustments to the preliminary Q4 and full year 2005 results, previously reported on February 2, 2006. In addition, the Company will report two material weaknesses in its inte
Author: SGB Media
L.L. Bean Sales Increase 4% in 2005
L.L.Bean announced its fiscal 2005 sales results as well as its intention to pay performance bonuses to employees. For the 2005 fiscal year ending February 26, 2006, L.L.Bean reported record annual net sales of $1.47 billion, a 4% increase over 2004. The
TNF Opens Urban Flagship Store in Rome
The North Face opened its first Italian urban flagship retail store at Via Delle Convertite 22/23 in the heart of historic Rome. The opening marks the Company’s twelfth retail store in Europe and its first urban location in Italy. The North Face also has
Marmot Tent Wins Backpacker Editor’s Choice
Backpacker Magazine announced that the Marmot Aeolos 2
person tent received its 2006 Editors Choice Award for the tent category for “outstanding innovation in design, materials and performance.” Recognized as one of the most prestigious awards in the outd
Sears Holdings Makes Progress in Sears Canada Offer
Sears Holdings Corporation has received notice that five of the eight senior officers of Sears Canada Inc. intend to either accept the Sears Holdings' offer and tender all of the common shares held by them to the offer or sell the shares into the mar
JJB Inks 10-Year License with Rangers Soccer Team
JJB Sports plc has signed a ten-year licensing agreement
with Rangers Football Club. Under the terms of the licence, JJB will design, develop, source and retail all Rangers merchandise throughout its substantial network of 439 stores within the UK. This w
Vail Resorts Fiscal Q2 Shows Top and Bottom Line Improvement
Vail Resorts, Inc. Mountain revenue for the second quarter of fiscal 2006 was $246.2 million, a 15.0% increase from $214.2 million last year. Mountain expense increased $17.8 million, or 13.4%, to $150.7 million. Total revenue grew $23.4 million, or 8.8%,
Ashworth Extends Deal with Ryder Cup
Ashworth, Inc. has signed an agreement with Ryder Cup Ltd. to become the Lead Vendor, as well as Official Licensee, at the September 2006 Ryder Cup to be held at the K Club in Ireland. This agreement extends the 14-year relationship between Ashworth, the
SIA: Chain SnowSports Sales Climb 10% Season-to-Date
Overall sales for the entire winter sport market, including specialty and chain stores, were up 9% in dollars to $1.8 billion for the August 2005 through January 2006 period, compared to $1.7 billion reported last year, according to the SnowSports Industr
SIA: Specialty SnowSports Retail Sales Climb 8% for Season
High sell-throughs are pointing to strong season-to-date sales and prudent buying by specialty retailers. According to the SIA Retail Audit, alpine skis, integrated systems, snowboards and vests, specifically, are looking at tight inventories through th
Laderman Honored by USFWS for Conservation Efforts
On March 9, Johanna Laderman, director, FishAmerica Foundation, the conservation and research arm of the American Sportfishing Association, was honored by the U.S. Fish and Wildlife Service for her commitment to conserving and protecting America’s valuabl
Oakley Re-States Four Years of Financials Due to Hedging Documentation
Oakley, Inc. will file an amendment to its 2004 Annual Report, restating certain financial information for the 2000-2004 fiscal years to correct its application of certain Financial Accounting Standards, due to insufficient documentation of certain foreig
GBMI Hires McDermut as CFO
Global Brand Marketing, Inc. appointed Martin McDermut to Senior Vice President and Chief Financial Officer. In this position, Mr. McDermut will be responsible for all aspects of corporate accounting and financial management, budgeting and forecasting…
Kellwood Doubles Earnings on Lower Sales Volume
Kellwood Company net sales for the fourth quarter totaled $473.4 million, as compared to $495.5 million last year. Net earnings for the fourth quarter were $12.5 million, or 49 cents per diluted share, versus $7.1 million, or 25 cents per diluted share, l
ATTA Hires Chesak as Director of Business Development
Responsibly growing the adventure travel community is the cornerstone of a new Adventure Travel Trade Association (ATTA) partnership initiative designed to connect corporate partners, media and service providers with tour operators, destination marketing
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