Phoenix Won’t Hit 2004 Numbers…

Phoenix Footwear stated it will not meet previously issued third quarter or full year EPS guidance of $1.00 to $1.10 due to contract and delivery timing delays as well as several other factors, including weather related production delays at the company’s

West Marine Cuts Guidance; Hurricanes Show Minor Impact…

West Marine CEO, John Edmondson, said that slowing consumer spending has caused a shortfall in company sales, causing him to cut guidance estimates for the third quarter and fiscal year. Sales for the third quarter are now expected to be $184 to $185 mill

Umbro Posts Record H1 Following IPO…

Umbro capitalized on the worldwide growth of the soccer market and key licensed apparel deals to post a 36.4% increase in sales for the first half of 2004 to £94.1 million ($171.5 mm) compared to £68.9 million ($111.1) last year. Umbro said that it had r

Lotto Posts Solid H1 on Soccer Gains…

Lotto is hitched to the rising worldwide popularity of soccer and has posted a strong first half-year with sales increasing 3.1% to €135.1 million ($166.0 mm), compared to €131.1 million ($144.9 mm) in 2003. Direct sales were €95.4 million ($116.1 mm), a

Kryptonite Deals with Lock Issues…

Kryptonite Locks hit a small design glitch that could potentially have serious consequences for the brand. Due to the use of ‘tubular cylinders’ in many of the company’s mid price-point locks allows the locking mechanism to be picked with a plastic pen. S

Riddell Acquires ‘HIT’ Smart Helmet Technology…

Riddell Sports Group has acquired a new ‘Head Impact Telemetry’ system, or HIT, from Simbex LLC. This new technology will allow Riddell to produce a consumer product which monitors and records the severity and incidence of impacts taken by a player via sm

EMU Australia Forms EU Subsidiary…

EMU Australia has former a new subsidiary, EMU Ridge Europe, which will be taking over all EU operations for the brand. The wholly-owned subsidiary will be led by EMU’s new European Managing Director Stefan Dongus who will work directly in conjunction wit

Imperial Headwear Acquired by MGC…

The private equity fund, MCG Global has acquired Imperial Headwear from Arena Brands. Imperial derives approximately 75% of its revenues from the golf industry, where its headwear products are sold in 89 of the top 100 golf courses in the United States, p

Kryptonite’s ‘Bic’ Glitch

Kryptonite Locks hit a small design glitch that could potentially have serious consequences for the brand. It turns out that due to the use of ‘tubular cylinders’ in many of the company’s mid and low price-point locks allows the locking mechanism to be pi