Quiksilver's net revenues for the first quarter of fiscal 2005 increased 34% to $342.9 million as compared to fiscal 2004 first quarter consolidated revenues of $256.1 million. Consolidated net income increased 55% to $14.2 million as compared to $9.
Author: SGB Media
Smith Optics Brings in New Product Manager
Smith has brought on a new Sunglass Product Manager, Keith Achman. Achman will fill previous Sunglass Product Manager Eric Carlson's spot, as Carlson was promoted to the newly created position of Director of Product and Merchandising. Achman comes to
Dorel Sees Q4 Boost From Pacific Cycle and Schwinn’s Sting Ray
Dorel revenues for the fourth quarter rose to $462 million, up 42.7% from $323.7 million a year ago. Net income for the fourth quarter jumped 69.6% to $34.7 million from $20.5 million. Income per share for the final quarter was $1.05 fully diluted, compar
Kona Expands Bike Park Program
Kona Bicycle Company has expanded their 2005 “Groove Approved” bike park program to include 9 of the world’s leading mountain bike park resort destinations. Kona provides these parks with access to a fleet of downhill bikes for riders, several 'Stab
REI 2004 Sales Jump 10.2%; Comps are Up 5.3%
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 to Open Another North Carolina Location
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
Everlast Q4 Revenues Climb 20%; Net Loss Remains Constant
Everlast fourth quarter net revenues increased 20.3% to $14.8 million as compared to net revenues of $12.3 million in 2003. The increase was derived from strong men's apparel sales of $4.5 million which achieved a 200% increase over the 2003 period,
Oakley Threatens Litigation; Orange 21 Sees No Merit
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 Terminates Chinese Licensing Agreements and Launches New Subsidiary
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 Promote Adams to VP of U.S. Sales
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
Specialty SnowSports Shops Bounce Back in January; Sales Increase 2.6%
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
Chain Stores SnowSports Sales Increase 3.6% for the Season
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
etnies Girl Announces Sponsorship of SG Queen of the Mountain
etnies Girl will be supporting the third annual SG Queen of the Mountain all-female pro/am snowboarding contest at Mountain High Resort on Saturday, March 12, 2005. The company has come together in support of the contest that benefits Boarding for Breast
Tubbs ‘Romp to Stomp’ Event Raises over $40,000
On Saturday, March 5, Tubbs Snowshoes and the Denver Affiliate of the Susan G. Komen Breast Cancer Foundation held their second annual 'Romp to Stomp Out Breast Cancer' Snowshoe Series at the Frisco Nordic Center. The event raised over $40,000 f
Shimano Taps SHIFT Communications for PR Campaign
SHIFT Communications has signed Shimano Inc. to its client roster. SHIFT will support Shimano in educating the American public about how bicycling is part of the solution to many of our nation's worst problems such as traffic congestion, pollution an