Quiksilver Sees 34% Revenue Increase; Income Jumps 55%

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.

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

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

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

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

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