Volleyball Canada extended their partnership with Tachikara through to 2010 as the “Official Indoor Volleyball” extending the relationship to 24 years…
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Deckers Draws On All Three Brands for Q1 Sales Jump
Deckers Outdoor Corporation saw net sales increase 29.6% to $72.6 million for the first quarter from $56.0 million last year. Gross margin increased 210 basis points to 46.2% from 44.1% a year ago, while diluted EPS increased 70.5% to 75 cents from 44 cen
Columbia Sees Q1 Sales Growth Across All Categories
Columbia Sportswear Company reported an 11.3% increase in sales for the first quarter of 2007 to $289.6 million from $260.2 million for the same period of 2006. Net income for the quarter was $26.1 million, jumping 33.8% from $19.5 million for the year-ag
Volcom Sees Over 20% Q1 Increase in Top and Bottom Line
Volcom, Inc. reported a 22.2% increase in first quarter revenues to $50.8 million from $41.6 million in the first quarter of 2006. Net income for the first quarter of 2007 increased 23.8% to $5.5 million, or 22 cents per diluted share. This compares with
Garmin/TomTom Suits Dismissed
Garmin Ltd. said it has received a decision from the United States District Court for the Western District of Wisconsin as to the remaining claims in its Wisconsin patent litigation against TomTom. While the Court's ruling “reiterated Garmin's c
Mountain Hardwear Adds to Sales Force
Mountain Hardwear Inc. hired the Stoner-Andrews Agency as sales representatives to cover Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont…
Amer Q1 Sales Down 9%; Loss Widens
Amer Sports net sales in the first quarter decreased 9% to €381.8 million ($500.3 mm) from €417.4 million ($501.9 mm) in 2006. Net sales declined by 4% in local currency terms. Net sales by business segment were as follows: Salomon 29%, Wilson 43%, Precor
Everlast Signs Master License for China
Everlast Worldwide Inc. has entered into a Master License agreement for mainland China with Brand Management Holdings PTY Ltd (BMH) of Hong Kong. The license covers The People's Republic of China and will include boxing and fitness equipment, men
Skechers Posts 24% Jump in First Quarter Sales
Skechers USA, Inc. recorded a first quarter jump in net sales of 24.3% to $344.9 million from $277.6 million for the first quarter of 2006. Net earnings for the quarter were $23.9 million, up from $16.6 million for the first quarter of 2006. Diluted earni
GSI Commerce Shrinks Q1 Loss on 28% Revenue Jump
GSI Commerce Inc. saw first quarter net revenue increase 28% to $146.3 million from $114.2 million during last year's quarter. Merchandise sales increased 69% to $322.5 million in the quarter from $191.0 million last year. Revenues from the sale of s
Timberland Acquires Skate Brand IPATH
The Timberland Company acquired substantially all of the assets of IPATH, LLC through a new wholly-owned subsidiary, IPATH Footwear Inc. IPATH designs, develops and markets skateboarding-inspired casual footwear, apparel and accessories. The IPATH busines
Factory Design Adds to Team
Factory Design Labs promoted four employees while adding six new staff members. Jaxon Repp is VP of client strategy, while David Stewart becomes senior director of interactive services; Haley Nemann becomes interactive project manager; and Mietra Ghaffari
SIMA Announces Image Award Nominees
The Surf Industry Manufacturers Association unveiled the list of nominees for the fifth annual SIMA Image Awards. Nominated for the Company of the Year award are Billabong USA, Electric Visual, Quiksilver, Inc., Vans, and Volcom. Firewire Surfboards, Ins
Foot Locker Goes Public with Genesco Acquisition Attempt…
Foot Locker, Inc. on Friday made public its recent attempts to acquire all of the outstanding stock of Genesco Inc. for $46 per share. In a letter sent April 19 to Hal Pennington, chairman, president and CEO of Genesco Inc., from Matthew Serra, chairman
Wolverine Worldwide Gets Another Solid Quarter from Outdoor; Lifts Guidance…
Tim O’Donovan last week conducted his last analyst conference call as the CEO of Wolverine World Wide, Inc. as Blake Krueger, company president and COO, assumed the reins as CEO under a succession plan previously approved by the company’s board of directo