REI has appointed David Presley to the position of vice president of Distribution and Logistics. Presley, who comes to REI with 20 years' experience in supply chain management, will provide leadership to the warehousing, order processing and product
Author: SGB Media
Nordica Inks Deal with Canadian Alpine Ski Team
NRB Sports Inc, the Canadian subsidiary of Italian owned Nordica and Rollerblade, has announced that after a long absence it has re-joined the Canadian Alpine Ski Pool. Already in association with numerous ski pools world wide, this partnership will allow
VauDe will Not Show at OR
VAUDE is currently working on a new distribution concept in a continued effort to successfully penetrate the US market, after officially dissolving their relationship with Windsong Outdoors, LLC earlier this year…
Gildan Fiscal Q3 Earnings Rise 20% on 17% Sales Increase
Gildan Activewear reported record net earnings of U.S. $26.2 million or U.S. $0.88 per diluted share for the third quarter, up 20.2% and 20.5% from U.S. $21.8 million or U.S. $0.73 per diluted share a year ago. Sales in the quarter were U.S. $168.4 millio
John Georger Joins Felt Racing
John Georger will be joining Felt Racing as its East Coast General & Sales Manager. John comes to Felt with extensive bicycle industry experience, most recently as the National Sales Manager for Giant Bicycle. Prior to his tenure at Giant, John was East
Chamandy Resigns From Gildan Activewear
H. Greg Chamandy has stepped down from his roles as Co-Chief Executive Officer, Chairman of the Board and Chairman of the Executive Committee of Gildan Activewear, in order to pursue other business interests. He has also resigned as a member of the Board
Warnaco Inks Deal to Acquire Ocean Pacific
The Warnaco Group has entered into a definitive agreement to acquire Ocean Pacific Apparel Corp. from Burlingame, California-based Doyle & Boissiere Fund I, LLC, for $40 million in cash and the assumption of $1 million in debt. The agreement also provides
Sportsman’s Guide Q2 Income Jumps 23% on 2.3% Sales Increase
The Sportsman's Guide reported sales for the second quarter 2004 were $38.9 million compared to the $38.0 million reported for the same period one year ago. The Company reported net earnings of $797,000, or $0.15 per fully diluted share for the quar
Dorel Posts 11.3% Increase to Earnings; Pacific Cycles’ Division Revenues at $102 Million
Dorel Industries second quarter 2004 net earnings increased 11.3% to $18.1 million or 55 cents per share compared with $16.3 million or 50 cents per share earned in 2003. Revenues for the period were $403.5 million compared to 2003 Q2 revenues of $264.7 m
Boreal Terminates U.S. Distribution Agreement
Calzados Boreal has terminated their the US Distribution agreement between Boreal and The Ralph Libonati Company (RLC) by mutual agreement. Boreal would like to thank RLC for their work and dedication during the last two seasons and wishes the best to RLC
Big 5 Net Income Climbs 19% on 8.5% Sales Increase
Big 5 Sporting Goods second quarter, net sales increased 8.5% to $184.5 million from $170.1 million in the second quarter of fiscal 2003. Same store sales increased 3.9% versus the same quarter last year, representing the company's 34th consecutive
Warnaco Swings to Profitability as Q2 Sales Climb 4.0%
The Warnaco Group second quarter net revenues increased to $332.1 million compared to $319.3 million for the second quarter of fiscal 2003. The Company saw solid revenue gains in both its Swimwear and Sportswear Groups, which were partially offset by a d
LaCrosse Q2 Sales are Flat; Back in the Red
For the second quarter of 2004, LaCrosse reported consolidated net sales of $18.6 million, up slightly from $18.58 million in the second quarter of 2003. consolidated net loss was $237,000, or $0.04 loss per share, in the second quarter of 2004, compared
Cybex Nets $7.25 Million in Private Placement
Cybex International has entered into definitive agreements with new institutional investors for the sale of 2,430,000 shares of the Company's Common Stock, for aggregate gross proceeds of approximately $8.0 million. After commissions and offering exp
Action Optics becomes Smith Action Optics
Smith Optics has decided to give its 'Action Optics' brand a name change. Beginning this fall, Action Optics will be called Smith Action Optics, and will become a premium polarized collection under the Smith brand. The new branding is intended