Author: sportsoneauthor

Luxottica Reported that consolidated net sales for the second quarter improved by 13.7% to €803.5 million. Consolidated operating income for the quarter improved year-over-year by 24.3% to €139.1 million. Consequently, consolidated operating margin for th

Funds advised by Apax Partners announced today the acquisition of Spyder Active Sports, Inc., the leading alpine outerwear brand, in a transaction valued at approximately $100 million. The company has partnered with Apax Partners to continue to expand its

Earnings season quickly turned to warnings season last week as a couple of retailers sounded warning bells on second quarter performance based a few issues that should not come as much of a surprise to anyone…

Deckers beat all analyst expectations in the second quarter of 2004, exceeding the upper end of previously issued guidance by roughly 17%, while diluted earnings per share were 26.5% above company expectations…

Callaway Golf Company pulled the trigger last week to defend its market share position in Woods, lowering prices on the category by an average of 24%, effective immediately. The move comes as the company attempts to clean out inventory in the category af

In uncharacteristic fashion, ASICS America Corp. last week reported that sales for the first half of 2004 increased 9.5% to $111.1 million versus the first half of 2003. Footwear sales outpaced total sales, increasing 11.2% for H1…

In a story that probably would have been front page news a decade ago, Russell Corporation has purchased the assets of Huffy Sports Company, the division of Huffy Corp. that is primarily known for its basketball backboard business, but also does about 20%