Ashworth, Inc. reported fiscal fourth quarter net revenue for the company’s domestic segment increased 8.6% to $27.7 million from $25.5 million in the year-ago period. The international segment increased 15.4% to $4.5 million from $3.9 million. Full year
Author: SGB Media
The Free Trade (Dis) Agreements…
Two separate trade agreements have been making news lately, the ten year old North American Trade Agreement and the brand new Central American Free Trade Agreement. Both treaties are said to strip away barriers to trade, eliminate tariffs, open markets, a
K2 Inc. is One Acquisition Away from Billionaire’s Club…
K2 Inc. is forecasting fiscal year 2004 sales of approximately $920 million and earnings per share in the range of 92 cents to 94 cents…
Vail Resorts Hit with Record Verdict…
A jury awarded $17.5 million in compensatory damages to Joette Williams and her deceased husband’s family. The couple suffered from carbon monoxide poisoning in August of 2001 at a Jackson Hole, Wyoming resort owned by Vail Resorts. Joette Williams surviv
Vans Looks to Girl’s Biz for Growth…
Vans was bleeding red ink in fiscal Q2 regardless if they include the troubled skatepark business in their GAAP results or when look at their continuing “base business” that excludes the five skateparks that will close this year. The company appeared to
Rossignol Feels the Currency Pains…
Rossignol sales have dropped 11% for the first six months of the 2003-04 season from €224.9 million ($226.1 million) to €199.9 million ($213.9 million)…
Blades Files for Chapter 11 Protection…
Based on court papers obtained by Sports Executive Weekly, it appears that Blades Board and Skate, the 14-store action sports chain based in New Jersey, filed for Chapter 11 bankruptcy protection on December 4 due to an injunctive order obtained just days
Under Armour on the Move…
Under Armour Performance Apparel is moving their manufacturing facility, but is bucking the trend of companies moving off-shore as it makes the shift to a neighboring county instead. Baltimore County and Anne Arundel County in Maryland have reportedly be
Callaway Sees Top-Flite Drag in 2004…
Callaway Golf Company announced that sales and earnings estimates for 2003 will be in line with previous estimates and will include about $25 million in pre-tax integration costs that are expected to put diluted earnings per share in the 65 cents to 67 ce
Brown Takes on Bass; Diane Sullivan Appointed President…
The deal that will see Brown Shoe Company acquire the license for wholesale footwear for the Bass brand from Phillips-Van Heusen Corp. will have far-reaching implications for the storied brand’s hometown in Maine and bring the long-time footwear executive
SEW Goes One-On-One with… Alan Cohen
Alan H. Cohen is a co-founder of The Finish Line, Inc. and one of its principal stockholders. He has served as chairman of the board and CEO since 1982.
Cohen traces his successful experience in the specialty athletic footwear and apparel industr
Indigo Sales Up 60%
With sales for summer 2003 up 60 percent over Indigo Equipment’s already aggressive projections and a North American dealer base that has nearly doubled in the past year, the up-and-coming outdoor products manufacturer continues to chart a successful entr
Backbone Goes Fly Fishing
Simms retained Backbone Media of Carbondale, Colorado to manage its public relations efforts…
Accell Appoints New COO
Accell Group N.V. is pleased to announce that the Supervisory Board intends to appoint Mr J.M. Snijders Blok as a new member of the Board of Management of Accell Group N.V. in the position of Chief Operating Officer. As C.O.O., he will be the director res
DOT Clears Kris Kringle’s Flight Plan
Kris Kringle, d.b.a. Santa Claus, got the green light today from the U.S. Department of Transportation (DOT) to engage in air travel to various points throughout the United States the night of Dec. 24-25…