Oakley, Inc. shareholders approved the merger agreement with Luxotitica Group S.p.A. at a special meeting. Following the consummation of the merger, Oakley will become an indirect wholly owned subsidiary of Luxottica Group. Based upon the preliminary tall
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Adams Golf Slims Q3 Loss on 26% Sales Jump
Adams Golf, Inc. reported a third quarter net sales increase of 26% to $18.9 million from $15.0 million for the comparable period last year. Overall net income for the quarter was a net loss of $327,000, slimmed from a loss of $500,000 in the year-ago qua
Adams Golf Replaces Two Directors
Adams Golf, Inc. reported the resignations of Stephen R. Patchin and Paul F. Brown, Jr. as directors of the company. On November 5, 2007, Adams Golf elected John M. Gregory and Joseph R. Gregory as directors to fill the board positions vacated by Messrs.
ForeFront Names Harris As CEO
ForeFront Holdings, Inc. appointed J. Stan Harris as chief executive officer of ForeFront Group. Harris previously directed all disciplines of operations, finance, sales and marketing, human resources, risk management and information technology as preside
Louis Garneau Names U.S. Brand Manager
Louis Garneau USA has appointed Bernard Desrochers as the company's new brand/product manager based in the United States. Bernard Desrochers comes to Louis Garneau USA with over 20 years of industry experience that has stretched from working in Rese
Warnaco Sees Soft Swimwear Sales in Q3
The Warnaco Group, Inc. reported that third quarter net revenues rose 13% to $474.8 million compared to $419.6 million in the prior year period. The company's Swimwear Group revenues, however, fell $5.0 million to $35.2 million. The operating loss wa
ProLink Files Infringement Suit
ProLink Holdings Corp. has filed a patent infringement suit in the United States District Court for the District of Arizona against GPS Industries, Inc., Uplink and other parties for alleged patent infringement. The company claims that the parties have vi
Ryno Names National Sales Manager
Ryno Ltd. has named Phil Steele as the company's national sales manager. Most recently, Mr. Steele was Vice President of Sales at Official Issue, an athletic apparel manufacturer in Harwood Heights, IL. From 2003 – 2006, he was Chief Operating Offic
Big 5 Q3 Sales Increase 3.6% on Slight Comps Gain
Big 5 Sporting Goods Corporation saw third quarter net sales increase 3.6% to $231.3 million from $223.3 million for the same period last year. Same store sales increased 0.1% for the third quarter. Net income for the fiscal 2007 third quarter was $8.4 mi
CenterStone Adds Orvis to iVendix Client List
CenterStone Technologies, Inc., an international developer of Web-based sales order management software for manufacturers of outdoor and hunting gear, apparel, footwear and accessories, reports that The Orvis Company of Manchester, Vermont has selected th
Billabong Completes South Africa License Acquisition
Billabong International Limited has completed the purchase of its formerly licensed business in South Africa. The agreement to undertake the acquisition was announced on June, 29 2007…
Volcom Q3 Sales Jump, but Q4 Outlook Slashed
Volcom, Inc. reported a 49% jump in third quarter revenues to $91 million from $61 million a year ago. Net income surged 42.2% to $14.5 million, 59 cents a share, from $10.2 million, or 42 cents. However, the surf company slashed fourth quarter expectatio
Macy’s to Be Exclusive Hilfiger Sportswear Retailer
Macy’s, Inc. and Tommy Hilfiger U.S.A., Inc. have signed a strategic alliance agreement granting Macy’s status as the exclusive department store retailer of Tommy Hilfiger men’s and women’s sportswear in the United States, beginning in fall 2008. Tommy Hi
DSW Expects Mid-Singles Q3 Comps Decline; Lowers ’07 Guidance
DSW Inc. expects comparable store sales for the third quarter to decline in the mid-single-digits, based on the quarter-to-date. As a result, annual comparable store sales are now expected to range from flat to down 2% for fiscal 2007, below the company&#
Cybex Posts 9% Q3 Sales Growth, Tax Accounting Boosts Bottom Line
Cybex International, Inc. saw a 9% increase in third quarter net sales to $32.6 million from $29.9 million for the same period last year. The company attributed the sales increase to “strong sales” of cardio products and continued growth in the commercial
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