The fact that Crocs Inc. even became a public company during the past week had many at the WSA show shaking their heads, but the fact that the company’s shares debuted at such a high price and then continued to climb after the issue had even more wonderin
Author: SGB Media
Amer Sports Organic Growth up 7% in 2005; Integration Impacts Bottom Line
Amer Sports' 2005 full-year net sales grew by 32% to €1.36 billion ($1.70 bn) compared to €1.04 billion ($1.29 bn) last year. The Salomon acquisition increased net sales by 25% and organic net sales growth exclusive of Salomon was 7%. Earnings before
Oakley Acquires Luxury Eyewear Brands
Oakley, Inc. has acquired the privately-held Oliver Peoples, Inc., and its subsidiaries. As a result of the acquisition, Oakley has acquired Oliver Peoples' three eyewear brands: Oliver Peoples, Mosley Tribes, and the licensed Paul Smith eyewear bran
K-Swiss Q4 Earnings Fall on Domestic Sales Weakness
K-Swiss Inc. net earnings for the fourth quarter of 2005 were $11.6 million or 33 cents per diluted share, compared with $15.6 million or 43 cents per diluted share, in the prior-year. For the fourth quarter of 2005, total worldwide revenues increased 4.5
Timberland Fourth Quarter Sales and Earnings Inch-Up
The Timberland Company reported fourth quarter net income of $46.9 million and diluted earnings per share of 71 cents, compared with fourth quarter 2004 net income of $45.0 million and diluted EPS of 64 cents. Fourth quarter revenue increased 2.3% over st
Burlington and Traptek Ink Development Partnership
A new partnership between Burlington WorldWide and TrapTek, LLC revolves around a new series of woven fabrics that offer specific comfort and performance benefits for Active wear, Menswear, Womenswear, Military, Homeland, Uniform, and Lifestyle markets. T
SIA.06 Wraps-Up; Attendance on-par with Last Year
As the SIA.06 SnowSports Show culminated on Thursday, January 26th, marking the conclusion of yet another successful year for attendees at the SIA SnowSports Trade Show. SIA reported that buyer attendance was on par with last year recording 4,725 buyers f
Oakley Sales Increase 6% in Q4; Income Slips
Oakley, Inc., on this preliminary basis, generated fourth quarter net sales of $162.4 million for the fourth quarter, up 6.2% from $153.0 million in the same period the previous year. Net income totaled $9.2 million, or 13 cents per diluted share, compare
Oakley Launches New Multi-Brand Growth Strategy
Oakley, Inc. announced several strategic initiatives it believes will position the company for sustainable revenue growth, improved long-term earnings growth and return on investment. Within the context of those strategic initiatives, the company also pro
Royal Precision Owners Looking for Strategic Alternatives
Royal Associates, Inc., 100% owner of Royal Precision, today reports that it is seeking strategic alternatives to increase shareholder value. Royal Precision has substantially completed its plan to increase productivity and anticipates increased efficienc
Icebreaker Inks Sponsorship Deal with Sun Valley Heli Ski Guides
Icebreaker is joining forces with Sun Valley Heli Ski Guides as the official outfitter of performance layering for the company’s professional guides. Sun Valley Heli Ski Guides has been bringing skiers into untracked Sawtooth powder since 1966, and celeb
Fromson Steps Down from Cascade Designs
After 23 years at Cascade Designs Inc., Lee Fromson will be stepping down as President on February 28, 2006. In 2005, the CDI Employee Stock Bonus Plan was revised. While that revision improved the financial structure of CDI, it resulted in a change to
Chain Store SnowSports Sales Increase 17%
Sales at chain stores were up 17% compared to last season, according to the SnowSports Industries America Retail Audit. In dollars, that translates to $347.1 million in sales compared to $298.0 million for the same period last season. Unit sales were up
Specialty SnowSports Sales Jump 12% Through December
Overall sales for the entire winter sport market, including specialty and chain stores, were up 13% in dollars to $1.5 billion for the August through December period of 2005, compared to $1.3 billion reported last year, according to the SnowSports Industr
Anne Obenchain Joins OIA as Director of Member Services
Outdoor Industry Association appointed Ann Obenchain as the Director of Member Services overseeing member communications, events, and research for the association. Ann is joining OIA from Kelty, where she has served as the Director of Marketing since 1998
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