Author: SGB Media

REI’s fiscal 2004 sales increased 10.2%, from $805 million to $887 million for 2004. REI's 2004 operating income increased from $56 million to $72 million, with $25.3 million in net income. This rose from 2003’s net income of $19.1 million. Comp stor

REI plans to open a store in Raleigh, N.C., in November 2005 at North Hills. The 25,500 square-foot, two-story store located at North Hills in North Raleigh will employ about 55 full- and part-time staff. It is being leased from Kane Realty Corporation. N

Orange 21 has received a cease-and-desist letter from Oakley with respect to patent and trademark issues involving three of its product styles. These three product styles accounted, in the aggregate, for less than 4% of Orange 21's sales for the 2004

Lotto Sport Italia will participate in the first Ispo China fair to be held from 14 to 17 March 2005 in Shanghai. The presence of Lotto at the fair is part of a larger and multi-faceted strategy aimed at re-launching the brand in China.The licensing agree

New Era Cap announced that Bill Adams, its National Sales Manager, has been promoted to the newly developed position of Vice President of U.S. Sales and has been appointed to New Era’s Executive Team. As Vice President of U.S. Sales, Mr. Adams directly re

Overall sales for the entire winter sport market, including specialty and chain stores, were up 2.8% in dollars to $1.76 billion for the August 2004 through January 2005 period, compared to $1.71 billion reported for the same period last year, according t

Overall sales for the entire SnowSports market, including specialty and chain stores, were up 2.8% in dollars to $1.76 billion for the August 2004 through January 2005 period, compared to $1.71 billion reported for the same period last year, according to

Schwinn Bicycles has joined forces with the Boy Scouts of America by providing 1,000 bicycles for the 2005 Boy Scouts Jamboree. The Scouts will use the Schwinns for transportation throughout the 3,000-acre Jamboree site. Attendees will include 35,000 Scou

Arc'Teryx has promoted several of its principal employees. Long time designer Tom Fayle has been promoted to Director of Product Design. Janice Larsen has been elevated to Director of Product Engineering. Lance Richardson, formerly the Director of Pr

Everlast has inked three new licensing agreements. FCSI Ltd., Located in London, will produce retail boxing equipment for distribution in the U.K. and Republic of Ireland. Rhinox, Based in Los Angeles, CA, has been signed as the Everlast licensee for U.S.