Quiksilver, Inc. has received a binding offer for the acquisition of 100% of the Rossignol Group. The offer is made by Chartreuse & Mont Blanc, headed by Bruno Cercley, a former CEO of Rossignol. Chartreuse & Mont Blanc is majority owned by Macquarie Grou
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
The Buckle Reports 88.9% Jump in Q2 Net Income
The Buckle, Inc. posted an 88.9% jump in second quarter net income to $22.3 million, or 72 cents per diluted share from $11.8 million, or 38 cents per diluted share last year. Net sales for the second quarter increased 36.6% to $169.8 million from net sa
Imperial Headwear Acquires Watership Trading Companie
Imperial Headwear, Inc. has acquired Bellingham, Washington-based Watership Trading Companie, marketer and distributor of technically advanced weather and sun protection hats. Watership founders Greg and Carol Frechette, who launched the company in 1989,
Foot Locker Posts Modest Q2 Sales Gain, Swings to Profit
Foot Locker, Inc. reported second quarter sales increased 1.5% to $1.30 billion from $1.28 billion for the year-ago quarter. Second quarter comparable-store sales, however, decreased 0.5%. The company reported net income of $18 million, or 11 cents per sh
NexCen’s D’Loren Out as CEO; CFO Tapped as Replacement
NexCen Brands, Inc. reported that Robert W. D’Loren has resigned as CEO and as a member of the company’s Board of Directors. Kenneth J. Hall, currently executive vice president, CFO and treasurer, has been appointed CEO…
New Legislation Focuses on Consumer Safety, Bans Phthalates
President Bush has approved the “Consumer Product Safety Improvement Act of 2008.” This bill — which was signed on Thursday, August 14 — will clear the way for improved product safety. Included in the new measure are bans on certain harmful chemicals i
Alleson Promotes Todd Levine to President
Todd Levine has been named president of Alleson Athletic, a fourth generation, family-owned business headquartered in Rochester, NY. Levine previously served as vice president of sales & marketing for 11 years and has been with the company for over 15 yea
Delta Q4 Sales Jump 14,7%, Soffe Up 1.4%
Delta Apparel, Inc. reported net sales for the fourth quarter ended June 28, 2008 increased 14.7% to $105.3 million. The retail-ready segment, comprised of the Soffe and Junkfood businesses, reported a 14.6% sales increase to $49.6 million for the fourth
Head Slims Q2 Loss Despite Soft Winter and Racquet Sales
Head NV reported second quarter net sales decreased 8.8% to €56.2 million ($87.9 mm) from €61.6 million ($83.1 mm) last year as decreases in Winter Sports and Racquet Sports more than offset modest growth in Diving. Racquet Sports revenues for the quarter
Skechers Makes $142.8 Million Offer to Acquire Heelys
Skechers USA Inc. has made an acquisition proposal to acquire Heelys, Inc. for $5.25 per share in cash, or an aggregate of $142.8 million, based upon the number of fully-diluted shares of Heelys common stock, subject to certain terms and conditions. The p
Gildan Sees Q3 Sales Jump on Sock Acquisition
Gildan Activewear Inc. reported that third quarter net sales jumped 30.6% to $380.8 million from $291.6 million last year due to an increase of $43.8 million in sock sales as a result the acquisition of V.I. Prewett & Son in the first quarter, an approxim
True Temper Reports 14% Rise in Q2 Sales, Slims Loss
True Temper Sports, Inc. saw net sales increase 14.2% for the second quarter to $37.7 million from the $33.0 million recorded during the second quarter of 2007. Adjusted EBITDA for the second quarter increased 31.8%, to $10.4 million from $7.9 million in
Phoenix Footwear Posts Widened Q2 Loss on Sales Decline
Phoenix Footwear Group, Inc. reported net sales from continuing operations decreased 10% to $17.9 million for the second quarter from $19.8 million last year. The company's footwear brands were down 4% for the quarter while the company's accesso
Easton-Bell Sees Healthy Q2 Growth in Both Divisions
Easton-Bell Sports, Inc. reported a 7.0% increase in second quarter net sales to $220.8 million from $206.4 million last year. Team Sports net sales increased 5.4% to $132.3 million, while Action Sports net sales increased 9.4% to $88.5 million as compare
Theodosakis Resigns from Orange 21 Board
PrAna Founder Jeffrey “Beaver” Theodosakis, who recently bought back prAna from Liz Claiborne, resigned as a member of the board of directors for Orange 21 for personal reasons. On Aug. 7, 2008, the board appointed A. Stone Douglass to fill the vacancy…
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