Seeing momentum across its lines, Skechers USA Inc. reported sales grew 30.4% in the fourth quarter to $388.6 million. Backlogs were up 40% as of Dec. 31 and are running even higher so far in the first quarter…
Author: sportsoneauthor
Student Rally Seeks End of Nike’s UW-Madison’s Contract
With shouts of 'Cut the Contract!,' a group of about 25 students from the University of Wisconsin's Student Labor Action Coalition held a demonstration in front of Chancellor Biddy Martin's office on Feb. 12, to protest the university&
Cabela’s Sees Q4 Profits Plunge on Charges
Cabela’s Inc. reported consolidated revenues grew 4.5% for the fourth quarter of fiscal 2009 — slightly better than analysts had forecast — but charges and liquidation costs pushed profits down more than 66% from the prior-year period…
Perry Ellis Reports Earnings Above Expectations
Perry Ellis International, Inc., which makes swimwear and golf apparel under the Jantzen, Nike, Jag, Callaway and PGA Tour labels, expects to deliver results at or in the top end of its previously announced guidance range of between 80 cents and 95 cents
Billabong Sees Weakness Continue in North America
Billabong International Limited said currency fluctuations pushed sales in its Americas segment down 6.2% to A$317.5 million ($282.9 million) in constant-currency terms for the fiscal first half ended Dec. 31…
Jarden Outdoor Ends 2009 with Q4 Sales Gain, Thin Winter Sports Inventory…
Jarden Corp. reported sales at its Outdoor Solutions segment, which includes Coleman, K2 Sports and the Rawlings team sports businesses, rose 4.7% in the fourth quarter to $517 million from $494 million in the year earlier quarter…
Rocky Brands Gets Lift from Military Orders in Q4; Swings to Profit
Rocky Brands saw a modest decline in it’s top line for the fourth quarter of fiscal 2009, but extensive cost cutting measures, leaner inventories and a cold, wet winter propelled the company to a slight profit for the period…
Property Conflict Stymies New Balance HQ Expansion Plans…
New Balance is planning to upgrade its headquarters in Brighton, MA, which will include an expansion of its offices, adding a park, housing and additional commercial space. However, Lowe’s is looking to build its first store in Boston on the same sp
Spyder Divests Cloudveil; New PE Firm Taps Jim Reilly as President
Cloudveil has been sold yet again. This time, Spyder Active Sports sold the brand to Windsong Brands, a private equity firm based in Westport, CT. The new owners plan to quickly expand distribution of the brand within the outdoor specialty channel as well
SylvanSport Hires Silver Steep to Review Strategic Options
SylvanSport, the North Carolina maker of a versatile sports and camping trailer, said it had engaged Silver Steep Partners to serve as its exclusive financial advisor and review the company’s strategic options…
Studies: Title IX Improved Long-Term Health and Wellness
Recently, two studies have highlighted the benefits of team sports for girls. The first of conducted at Wharton School found that women’s education and employment opportunities increased significantly since the enactment of Title IX in 1972. The sec
Reebok Addresses El Salvador Sweatshop Allegations
In response to a report from that National Labor Committee that claimed that NFL jerseys were sewn under illegal sweatshop conditions in El Salvador, Reebok issued a statement last week saying it had conducted its own initial investigation and “believe th
Mountain Resort Reservations Picking up Steam in Back Half of Season…
Actual winter occupancy projections at a sample of North American mountain resorts as of Jan. 31 were running 1% below their low level of the same time a year earlier, according to data released by the Mountain Travel Research Program (MTRiP)…
Eco-Summit Held at Nike Headquarters
Executives from Nike, Starbucks and other companies joined congressmen and labor leaders at Nike's headquarters on February 16 to advocate national climate and energy policies to create new jobs, restore America's competitiveness and provide for
GoLite Launches Global Recycling Program
GoLite has initiated a new program called the GoLite Product Take-Back Program. The company will take back and reuse, repurpose, recycle, and/or store for future recycling any GoLite apparel or equipment, regardless of its condition, that the company manu
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