Quiksilver, Inc. has doubled its revenues in the last three years, boosted earnings 134% over the same timeframe, and has seen its market cap surge to $1.75 billion from just about $400 million when the company reported year-end earnings three years ago.
Author: SGB Media
Ashworth Gets Q4, Fiscal Year Boost from Diversified Business Model…
Ashworth got a nice bump from both its International business and its Callaway license in the fiscal fourth quarter ended October 31, but it was the addition of the Gekko brands and its distribution network that helped boost consolidated net revenue 49.3
adidas-Salomon Sees Record Football Year; Expects to Double Asia Business…
adidas expects to “once again achieve new record sales in football” in 2004, according to recent comments made by Herbert Hainer, CEO of adidas-Salomon AG. “We have great momentum and this momentum will continue well into 2006 and beyond when the FIFA Wor
Perry Ellis Int’l to Acquire Tropical Sportswear Out of Bankruptcy…
Perry Ellis International, Inc., parent company of the Jantzen business that licenses Nike swimwear, announced last week that is will acquire “certain domestic operating assets” and all outstanding capital stock of the U.K. subsidiary of Tropical Sportswe
Everlast to License Women’s Apparel to Jacques Moret…
Shares of Everlast Worldwide more than doubled for the week after the company last week signed its biggest deal to-date handing over its U.S. women’s business to Jacques Moret, Inc. in a license deal that commences January 1, 2005. JMI will pay approxima
Foot Locker Inks ESPN Deal; Settles Discrimination Case…
Foot Locker Inc.’s consumer direct unit, Footlocker.com, has inked an agreement with ESPN.com to run ESPN Shop, an ESPN-branded direct mail catalog and e-commerce site. Both the catalog and the E-commerce site feature a variety of ESPN-branded and non-ES
Holiday Retail Forecasts Bolstered by November Sales Numbers…
Based on data reported by the U.S. Commerce Department, November GAFS retail sales, which include most general merchandise categories, rose 4.7% over last year. The National Retail Federation said that November sales were in line with their forecast of 4
Russell Corporation Dips Toe Deeper into Specialty Channel with Brooks Deal…
After months of speculation about the pending sale of three more athletic footwear companies, it is Brook Sports that has made the first move, with parent JH Whitney inking an agreement last week to sell the company to Russell Corporation in a deal worth
Industry Starts to Settle Down After MandA Binge…
Industry vendors looked to acquisition help to boost sales and earnings growth for the third quarter, with the Hardgoods companies relying much more on those deals over the last year to bolster the top line. Benefits from foreign exchange rates also push
B.O.S.S. Has an Eye On… Backcountry.com
In the mid 90’s during the height of the dot com bubble, John Bresee and Jim Holland worked together running internet sites for other companies and publishing a ski resort newspaper in Snowbird, Utah. The pair wanted to launch a core retail shop catering
Veltec is Now Canadian LOOK Distributor
Veltec Sports will extend its distribution of LOOK Carbon Fiber Frames, Pedal Systems and Components into Canada. Veltec Sports and LOOK Cycle reached this agreement after reviewing the needs and opportunities of the Canadian market…
Veltec Launches SnowSports Division
Veltec Sports is bringing their expertise and marketing horsepower to the slopes this winter. Veltec’s new Snow Sports Division will make its official debut at January’s SIA Show, showcasing the latest helmets, goggles and eyewear from Briko, energy nutri
Fox River Inks Deal with WEDALI
Fox River has inked a sponsorship deal with the WEDALI (We Eat Dust…And Like It) Adventure Racing Team. Justin Bakken, Scott Lund, Paul Bronkhorst, Ellen Farseth and Scott Erlandson (all with ties to the Midwest) make up the team and recently placed 6th i
Specialty SnowSports Sales Inch up 1% During Pre-Season
Overall sales for the entire winter sport market, were up 3% in dollars to $323.3 million for the August through October period of 2004, compared to $313.7 million reported last year, according to the SIA Retail Audit. Unit sales were down 3.6%. Sales at
Chain Store SnowSports Sales Climb 12.3%; Units Fall 4.3%
Overall sales for the entire winter sport market, were up 3% in dollars to $323.3 million for the August through October period of 2004, compared to $313.7 million reported last year, according to the SIA Retail Audit. Unit sales were down 3.6%. Sales at
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