If you pulled a Rip Van Winkle and went to sleep ten years ago and awoke just this last week, you would probably think that you had done so in some sort of bizarre world where VF Corporation, which relied on selling jeans to the value market and intimate
Author: sportsoneauthor
Unifi Looks East for Growth; Will Reduce Acquired Invista Plant to Two Lines…
Unifi has been cutting costs and SG&A expenses through a series of lay-offs and abandoning unprofitable businesses to post its second straight quarter with an operating profit. UFI also cut its fiscal Q1 net loss in half to $1.3 million compared to a loss
LaFuma Gets International Boost…
Lafuma reported that sales for the fiscal year ended September 30 increased a modest 2.0% to €180.0 million ($219.1 mm) compared to €176.4 million ($191.2 mm) last year. LaFuma overcame a drop-off in its key French market with a 15.2% increase in footw
Huffy Corp. Files Chapter 11; Fights to Stay Alive…
Huffy and all of its subsidiaries have filed for voluntary protection under Chapter 11 of the U.S. Bankruptcy code citing liquidity issues, significant operating losses associated with portions of its former Canadian operations, increasing public company
K2 Inc. Keeps the Machine Moving as Acquisitions Start to Pay Off…
K2 Inc. was reaping the benefits of their marketing initiatives in the SnowSports industry in the company’s third quarter, as sales increased 98.5% to $333.5 million year-on-year and net income jumped almost 300%. KTO shares jumped 6.5% for the week to c
Timberland Feeds Off Int’l Gains in Q3…
Timberland saw a larger portion of its sales come from the International segment market in the third quarter, thanks in large part to FX rates shifts in currency. The Consumer Direct business — while lagging the growth rate of the Wholesale business – w
Kryptonite Parent Company Takes $10 Million Hit from Lock Snafu…
Ingersol Rand, parent company to Kryptonite Locks, took a $10 million write down in conjunction with the BIC pen issue reported last month in BOSS_0438. Operating margins for the company’s Safety & Security segment declined from 21.2% of sales in Q3 2003
Deckers Q3 Net Income Jumps Through the Roof on Nice Year ‘Round Gains…
Deckers Outdoor Corp. found its third quarter fortunes lined with sheepskin as their UGG brand continued its meteoric growth and DECK pushed net income up more than 1100% on the leveraging of SG&A expenses. Return on Sales came in at more than 10.5% of s
Oakley Sees Soft Q3; Backlog Up 49% on ‘Thump’ Sales…
Oakley is counting on the success of its new ‘Thump’ sunglass/MP3 player and increased military sales to meet full-year 2004 guidance after posting a small 2.2% sales gain in the third quarter that was primarily fueled by its owned-retail business. Sungl
Sierra Designs Parent Lowers Third Quarter Earnings Guidance…
Kellwood has lowered guidance for the third quarter and now expects net earnings to be in the range of $28.5 million, or approximately $1.00 per diluted share, which is roughly 12% below the guidance provided in August of $32.5 million, or $1.15 per share
RockyMounts Relocates; Finds New Growth Opportunities
RockyMounts, the Boulder, CO based roof-top rack manufacturer has relocated its production to a new 5,200-square-foot facility to accommodate the growing business and make it easier to produce larger tandem products. A local paper is reporting that the co
Rocky Shoes and Boots Q3 Gains Fueled by Retailer Expansion…
Rocky Shoes & Boots is riding a two-tiered wave made up of increased military sales and aggressive expansion strategies among several key retail customers. RCKY third quarter sales increased 21.0% to $50.1 million in sales, with roughly 10%, or $5.1 mill
WaterMark Moves to Portland; Maintains Smaller Presence in Arcata
WaterMark will relocate some of its business functions to Portland, Oregon, beginning in early 2005. The company will maintain a portion of its operations in Arcata in order to take advantage of ongoing efficiencies, and has renewed the lease on its Arca
Unifi Cuts Fiscal Q1 Net Loss in Half
Unifi reported a net loss from continuing operations of $1.3 million or $0.02 per share for the quarter ending September 26, 2004 compared to a net loss of $2.6 million or $0.05 per share for the prior year September quarter.
Net income, including discont
Panoptx Names Hogan Marketing Director
Panoptx Eyewear has named Jackson Hogen director of marketing, effective immediately. Hogen has more than 30 years of experience in the wintersports industry, especially in the fields of sales training and strategic planning.
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