Sara Lee to Spin-Off Apparel as New Public Entity

Sara Lee Corporation will implement a comprehensive transformation plan designed to transform the enterprise into a tightly focused food, beverage and household products company. As a result, the company is pursuing the spin-off of the balance of its appa

Oakley Q4 Sales Up 24.5%; Income Jumps 213%

Oakley fourth quarter net sales increased 24.5% to $153.0 million, compared with $122.9 million in the fourth quarter of 2003. Net income for the fourth quarter totaled $10.0 million, or $0.15 per diluted share, a 213% increase compared with $3.2 million,

Garmin Beats Q4 Revenue and Earnings Guidance

Garmin announced record fourth quarter and fiscal year revenue and net income. The company's consumer segment experienced 27% revenue growth during the fourth quarter. Total revenue for the quarter increased 30% to $220.9 million from $170.1 million

Big 5 Q4 Comps Climb 2.6%; Will Restate Earnings

Big 5 Sporting Goods Corporation reported for the 2004 fiscal fourth quarter, net sales increased by 13.4%, to $217.6 million from $191.8 million in the corresponding 13-week fourth quarter of 2003. Same store sales increased 2.6%. Net income increased to

OIA Disappointed in Lack of LWCF Funding

Outdoor Industry Association expressed extreme disappointment today in the President’s recommendation to eliminate funding for the stateside Land and Water Conservation Fund (LWCF) in his proposed 2006 budget. LWCF was created by Congress in 1964. The pro

Sims Snowboards Lands New Licensing Deal

ITOCHU International has inked a licensing agreement with Tom Sims for the worldwide distribution rights of Sims Snowboards, including all snowboard, boots, bindings and outerwear products. Sims’ product, sales, marketing and customer service will remain

InSport Returns to Triathalon After Three-Year Hiatus

InSport International has unveiled a new line of triathlon apparel for the Spring 2005 season. InSport revisited
this product category after recognizing the resurgence of popularity in multisport events as runners and joggers are now looking to expand to

Outdoor Research Inks $1.6 Million Marine Glove Contract

Outdoor Research has signed a $1.6 million contract with the U.S. Marine Corps to produce 80,000 pairs of PS150 Contact Gloves manufactured with Polartec® Power Stretch with X-Static®. The gloves will allow soldiers to conduct precise technical work such

Specialty SnowSports Sales Down 3% Through December

Sales for the entire winter sport market, including specialty and chain stores, were down 1.3% in dollars to $1.33 billion for the August through December period of 2004, compared to $1.35 billion reported last year, according to the SnowSports Industries

SnowSports Chain Stores’ Sales Up 3.2% Season-to-Date

Sales at chain stores were up 3.2% compared to last season. That translates to $298.4 million in sales compared to $289.0 million in 2003. Unit sales were down from last season 14.9%. Overall sales for the entire winter sport market(specialty and chain st

Nikwax Hires New National Sales Manager

Tom Savelle has been hired as the Nikwax N.A. National Sales Manager. Savelle will oversee Nikwax’s sales program in the U.S. and Canada, and play a key role in Nikwax’s expansion into new markets. Savelle was most recently with Montrail as Digital Media