Callaway Golf Company expects net sales for the second quarter to be approximately $380 million, representing a year-over-year increase of approximately 11%. Management also estimates that based on these sales levels, earnings per diluted share will incre
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Reebok to Shuffle U.S. Sales Organization
After nearly ten years with Reebok, Bob Munroe, President of Reebok USA, has decided to leave the company. Munroe played a critical role in driving the brand’s growth in North America. However, according to a statement from Reebok, current business condit
Cybex Opens New Manufacturing Plant
Cybex International, Inc. has opened a new, $15 million, 340,000 square foot eco-friendly manufacturing facility in Owatonna, MN. This facility is expected to serve projected growth and to generate significant manufacturing efficiencies over time. The fac
NRF: Back-to-School to Top $18.4 Billion in Sales
According to the National Retail Federation’s 2007 Consumer Intentions and Actions Back-to-School survey, conducted by BIGresearch, families with school-age children are expected to spend $563.49 on back-to-school merchandise, up 6.9% from last year’s $52
CenterStone Adds Sole Technology to Client List
CenterStone Technologies, Inc., an international developer of Web-based sales order management software for manufacturers of apparel, footwear, equipment and accessories, has added Sole Technology, of Lake Forest to the list of clients using the company&#
PPR Ups Puma Stake to 62.1%; Closes Takeover Offer
SAPARDIS S.A., the subsidiary of French luxury goods company PPR S.A. that has been in talks to acquire a majority stake in PUMA AG, has closed its takeover offer, now owning a total of 62.1% of all PUMA votes. PPR first began its acquisition of PUMA in A
Nike Faces Protests in Indonesia
Nike, Inc. found itself the focus of protests in Jakarta, Indonesia as it planned to end shoe production at two factories there, according to various reports coming out of the region. Nike said it decided to cut production due to product from the factorie
Garmin to Acquire Spanish Distributor
Garmin Ltd. has signed a letter of intent for the proposed acquisition of Electronica Trepat S.A., the principal distributor of Garmin's consumer products in Spain. The completion of the acquisition is subject to the negotiation and execution of a de
Half-Moon Outfitters Receives LEED Platinum Certification
The new Half-Moon corporate office and warehouse in North Charleston, S.C. has just been awarded the U.S. Green Building Council’s LEED (Leadership in Energy and Environmental Design) Platinum. Half-Moon becomes only the nation’s 25th new construction or
Nike and Lance Armstrong Launch LIVESTRONG Collection
Nike and Lance Armstrong have enlarged their partnership to now launch the LIVESTRONG Collection of apparel, footwear and accessories for men, women and kids. Nike will give all profits from the collection to the Lance Armstrong Foundation, which supports
RECALL: Thule Bicycle Racks
In voluntary cooperation with federal authorities, Thule, Inc. of Seymour, Connecticut has issued a recall of a number of its discontinued hitch-style bicycle racks. Thule has determined that a pinch point exists between the bike arm bracket and the uprig
Sports Direct buys U.K. Retailer, Field and Trek
Sports Direct has acquired a 60% interest in U.K. outdoor clothing and equipment retailer Field & Trek for £5 million ($10 mm.) The U.K. sporting goods chain also has an option to acquire the remaining 40% in the next five years for an additional £5 milli
SIMA Reports Surf Industry Sees Double-Digit Growth…
According to the Surf Industry Manufacturers Association (SIMA), the surf industry grew in the mid-teens since 2004. In a third-party research study commissioned by SIMA, Retail Distribution Study, the surf industry grew 14.5% in 2006 to $7.48 billion fro
Lululemon Shrinks IPO Offering…
Lululemon Athletica Inc. said in a filing on Friday that it is shrinking the size of its initial public offering by nearly 10%, to 16.4 million shares from 18.2 million. The investors plan to sell 14.1 million shares, down from an earlier plan for 15.9 mi
Pacific Outdoor Equipment Names U.S. Sales Director
Pacific Outdoor Equipment has hired John Campbell as U.S. Sales Director. Campbell will be joining the Bozeman, Montana based company immediately and will work directly with Pacific Outdoor’s sales reps and dealers…
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