Timberland saw yet another quarter of declining profits as sales slipped on continued weakness in the urban market and slow sales of TBL’s iconic wheat boot due to Timberland’s decision to constrict supply and create scarcity. The majority of the sales de
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Cabela’s Q2 Income Soars Despite Weak Comps…
Cabela’s saw strong top line gains boost earnings in spite of a slight comps decline during the second quarter. The sales growth was primarily due to new store openings as decreased store traffic in established markets more than offset higher ticket price
Puma CEO Added to Harley-Davidson Board
Jochen Zeitz, CEO and Chairman of PUMA AG, has been appointed as a member of the Board of Directors of Harley-Davidson, Inc. Zeitz becomes the first European Manager to join the Board of Directors of the U.S. premier motorcycle manufacturer that currently
Pacific Sunwear Loses Board Member
Michael Weiss resigned from the Board of Directors of Pacific Sunwear of California, Inc. Mr. Weiss’ resignation was due to his recent acceptance of the position of CEO of Express and not as a result of any disagreement with the company…
Sport-Haley Director Appointee Withdraws from Election
Sport-Haley, Inc. has cancelled its special shareholders' meeting after receiving a letter from Daniel Zeff notifying the company that he had withdrawn his consent to stand for election as a Director. As the meeting sole purpose was the election of M
Nike Names VP and CAO
NIKE, Inc. has named Ron McCray as VP and chief administrative officer, reporting to company President and CEO Mark Parker. McCray, 50, joins Nike from the Kimberly-Clark Corporation, where he had worked since 1987 and most recently was SVP of law, govern
Ecco Adds Technical Field Rep
ECCO has hired industry-veteran Ed DiStefano as technical field representative to use the company’s Tech Van overseeing education and outreach programs to green-grass and off-course retailers nationwide…
Mizuno First Quarter Sales Rise 7.5%
Mizuno Corp. saw first quarter net sales increase 7.5% to ¥46.92 billion ($389.0 mm) from ¥43.64 billion (381.4 mm) in the year-ago quarter. The company said it experienced strength in Footwear, Diamond Sports and Golf, but Apparel was soft. Gross margins
Mountainsmith Names Director of Sales
Erik Specht will take over as director of sales for Mountainsmith with responsibility for domestic and international sales including the development of sales strategies and programs as well as dealer relations. He will also be an integral part of the comp
Asics Sees 10% First Quarter Top and Bottom Line Gains
Asics Corp. reported a 10.0% increase in global net revenues to ¥56.84 billion ($471.2 mm) for the first quarter from ¥51.68 billion ($451.7 mm) last year. In the U.S., sales increased 11.4% to ¥12.24 billion ($109.8 mm), while operating income inched up
Escalade Sports Sees Increased Specialty Sales in Q2
Escalade Sports saw second quarter sales increase 2.8% to $34.1 million from $33.2 million last year due to increased sales to the specialty market, which includes dealers and specialty sports retailers. For the quarter, sales to the specialty market incr
RECALL: Raleigh Bicycles
Raleigh America, Inc. and the CPSC are recalling approximately 1.200 2007 Raleigh Cadent Bicycles with Carbonage Carbon Forks, because the forks can break causing the rider to lose control, fall and suffer serious injuries. Raleigh America has received th
RECALL: Raleigh Bicycles
Raleigh America, Inc. and the CPSC are recalling approximately 1.200 2007 Raleigh Cadent Bicycles with Carbonage Carbon Forks, because the forks can break causing the rider to lose control, fall and suffer serious injuries. Raleigh America has received th
Dorel Sees Bikes Drive Sales, But Net Down on Restructuring
Dorel Industries Inc. recorded a 5.3% increase in second quarter net revenues to $459.0 million from $435.9 million for the same period last year. Net income for the period was $10.8 million or 32 cents per diluted share, down 39.7% from $17.9 million or
Milliken Partners with Legacy Paddlesports on New Boat Line
Milliken & Company has partnered with\ Legacy Paddlesports to introduce a new line of kayaks made with Tegris, its 100% PP thermoplastic composite. Tegris, formerly branded as MFT, generated substantial interest with its introduction at Outdoor Retailer
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