The United States and China announced an agreement today to limit imports of certain apparel products from China over the next three years. The agreement explicitly excludes ski and snowboard pants from any import restrictions. It also places no limits on
Author: SGB Media
Bloomberg: EU Retail Sales Rise but Demand Still Weak
The October Bloomberg Eurozone Retail Purchasing Managers' Index, a monthly survey indicating economic conditions in the Eurozone retail sector, indicates that month-on-month sales at Eurozone retailers rose marginally in October. The latest growth o
Feehan Replaced as Confluence CEO
Confluence Holdings issued a statement last week regarding changes to the company's executive team. Effective Thursday, November 3, 2005, Robert Sharp, Chairman of the Board of Confluence Holdings Corp., has assumed operational responsibilities of Co
Intrawest Sees Fiscal First Quarter Return to Profitability
Intrawest Corporation, for the first quarter of 2006, reported total revenue of $301.8 million, an increase of 47%. Net income increased significantly to $9.2 million, resulting in diluted earnings per share of $0.19. Total Company EBITDA more than triple
prAna Acquisition Puts Claiborne in Outdoor…
In 1993, after gaining brand building experience by launching Spy Optics – which is now a public company of its own – Beaver Theodosakis started a new apparel company with his wife, Pam, and business partner, Demian Kloer. The group named the company aft
Pearl Izumi Delivers Upside to Nautilus Q3; Channel Shift Hurts Margins…
Nautilus Inc. saw a boost from three out of four distribution channels during the third quarter as well as the acquisition of Pearl Izumi and subsequent formation of the Nautilus Apparel Group. But the gains were partially offset by chaotic consumer spen
Blacks Leisure Sees Profit Jump in Outdoor Business…
Blacks Leisure Group reported total group sales for the company’s first half ended August 31, 2005 inched up 1.1% to £140.0 million ($257.3 mm) from £138.6 million ($252.2 mm) for the first half of 2004. The retail group raised its margins 390 basis poin
Royal Robbins Maintains Double-Digit Growth…
Phoenix Footwear experienced a slow third quarter because of cancelled orders from one of their key footwear accounts and lagging military orders in their Altama division. The two bright spots for the company were Royal Robbins, which remains one of the m
LaCrosse Q3 Top-Line Hurt by Lack of GSA Orders; Taxes Take a Chunk Out of Bottom Line…
LaCrosse Footwear third quarter sales fell 10.1% to $31.0 million, compared to $34.5 million in the third quarter of 2004. Sales last year included $2.8 million from General Services Administration delivery orders for uniform boots and $1.6 million from
National Park Service Eyes Radical Rule Changes…
The U.S. Department of the Interior released its revised and re-written rules governing the National Parks Service and so far, the Outdoor Industry and conservation community is reacting with skepticism and, in some cases, hostility. The largest controver
Bike Sales Fall at Pacific Cycle in Spite of Gas Price Hike…
Dorel Industries reported that third quarter revenue in its Recreational/Leisure Segment decreased 33.7% to $70.8 million compared to last year's $106.8 million. Earnings from operations dropped 57.4% to $6.3 million compared to $14.7 million last ye
American Skiing Co. Fiscal Year Net Loss Widens Despite Strong Season…
American Skiing Company’s 2005 fiscal year revenue fell 2.7% to $276.5 million, compared with $284.1 million in fiscal 2004, primarily due to shortfalls in real estate sales. Resort revenue grew 6.6% to $267.3 million versus $250.7 million for fiscal 2004
Jarden Lays Out Plans for Transformation of Coleman…
Jarden Corporation, parent company of Coleman, last week hosted an analyst meeting, which focused primarily on the Outdoor Solutions segment and Coleman’s business strategy moving forward. Jarden acquired Coleman just over a year ago, appointing Gary Kie
Nordic Walking Expansion Efforts Slow Exel’s Profits…
The Exel Group’s Sport division saw net sales declined slightly due to increased competition in the Nordic walking market in Europe, while profits took a hit from their investment in expanding the category into China, Japan, and North America. Third quart
Salomon Q3 Operating Profit Up on Declining Sales…
The Salomon brand was a bit of an orphan child in the third quarter, as the business transitioned from adidas-Salomon to Amer Sports at quarter-end. Amer Sports did not close the deal until mid-October, and the newly named adidas Group moved quickly to m
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