True Temper Sports reported that net sales for the third quarter decreased 13.6% to $21.3 million from the $24.7 million in sales in Q3 2003. Gross margin declined 470 basis points to 39.3% of sales from 44.0% of sales in the year-ago period. Net income
Author: SGB Media
Hutin is Latest Casualty at Callaway…
Debate continues to swirl around the prospects for Callaway Golf Company after the company announced last week that yet another key executive would be leaving the company — and leaving it very thin at the top. Patrice Hutin, who has held the position of
Gregory Acquired by Security Products Firm…
Gregory Mountain Products’ parent company, Bianchi, has been acquired by Armor Holdings Inc., a manufacturer of military, law-enforcement, and personnel safety products. Bianchi’s main products are duty and concealment holsters, belts and accessories used
Black Diamond Restructures and Recalls…
Black Diamond is bringing several new faces on-board for engineering, design and administrative positions in an effort to re-structure to cope with the changing nature of the climbing and ski hardgoods market…
Head Winter Sports Sales Up on Bindings Growth, but Margins Hurt by Shift in Mix…
Head N.V. posted third quarter net income that was nearly three times the year-ago level, due primarily to the divesture of a tennis ball manufacturing facility in Ireland. The increase in operating profits and the bottom line was also attributed to the
Nordica Worldwide Sales Jump 24%; U.S. Ski Sales Double…
At a press conference in Italy last week launching the new World Cup ski season, Nordica told journalists that worldwide sales will increase 24% to €69 million for 2004. Regionally, EU sales increased by 15%, Italian sales nearly doubled, while the rest
Apogée Launches U.S. Subsidiary
Apogée Skiwear, based in Quebec City is forming a U.S. subsidiary to handle sales and marketing throughout the country. Barry Levinson has been hired as Director of Apogée U.S.A. Levinson is currently developing a national sales force for the brand and t
Gander Mountain Shares Fall as Weather Issues Impact Q3 Comps, Income…
Gander Mountain shares fell 31% for the week to close at $12.86 on Friday after the company issued a revised outlook for the 2004 fiscal year. GMTN now sees pre-tax income for fiscal 2004 in the range of $8 million to $13 million, compared with the previ
Eddie Bauer Off the Block After Parent Sees Disappointing Bids…
Eddie Bauer’s parent company, Spiegel, has reportedly taken the retail chain off of the auction block, after receiving a series of disappointing bids. Final bids for the company were received in August, and sources close to the deal said that the valuatio
Trek Signs Deal with Alliance for Private Label Credit Cards…
Trek has added one more item to its list of dealer services. Earlier this year Trek inked an exclusive deal with Catalyst marketing to provide catalog support to retailers during Trek’s annual super sale, and now the company has signed a five-year deal wi
Rebel Sport Looks to Holidays for Profit Recovery…
Briscoe Group, the parent company to New Zealand’s largest sporting goods and outdoor equipment retailer, Rebel Sport, reported un-audited sales for the three months ended October 31, 2004 were $71.6 million, a 5.0% increase over the $68.2 million reporte
Everlast Q3 Revenues Drop 10.7%
For the third quarter, Everlast net revenues were $15.8 million as compared to $17.7 million reported in 2003. Net licensing revenues advanced 55.5% to $2.5 million vs. $1.6 million in the 2003 period. Net loss available to common stockholders was ($0.2)
Fox River Inks Deal with RFA Media
RFA Media announced that Fox River has signed on the astern
Regional Adventure Sports® Magazine Mobile Tour next year.
This year’s Tour is traveling to over 40 events across the United States promoting Adventure Sports and its sponsors. In 2005, RFA Medi
Trek Inks Private Label Credit Card Deal
Alliance Data Systems has signed a five-year agreement with Trek Bicycle Corporation. Under terms of the agreement, Alliance Data will provide a turnkey private label credit card solution that is available to Trek's dealer base of 2,300 merchants nat
IMBA and REI Team up for Trail Building…
For the second consecutive year, IMBA and REI will award outdoor stewardship toolkits to select mountain bike clubs nationally for the purpose of building and maintaining trails. This year's $45,000 REI grant nearly doubles the amount of last year�