Expense controls were the name of the game for ICON Health & Fitness in its first fiscal quarter as the company managed to rein in expenses that help offset slower sales growth and a dip in gross margins as it posted an improvement in the quarterly net lo
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Leasing and Interest Expenses Hold Winmark Income Back…
Winmark Corporation, parent company to the Play It Again sports consignment chain, posted strong net revenue gains for the third quarter, but saw increases in leasing and interest expenses hold any advance on the bottom line in check. Net revenues increas
Nike Taps Five to Be New VP’s…
Nike promoted several members of its organization to vice president roles last week. In the Asia Pacific region, where Nike generated double-digit sales growth in the first quarter of fiscal 2007, Nike named three new vice presidents: Willem Haitink was p
Sally McCoy Takes Over as Camelbak CEO…
Sally McCoy, co-founder of Silver Steep Partners, will take over as president and CEO of Camelbak, replacing J. Marty O’Donohue who was appointed to the role in January of this year. McCoy has been working as a strategic advisor for Camelbak for the past
Delta Issues Earnings Warning…
Delta Apparel Inc. announced last week that it expects fiscal first quarter results will come in below previous expectations, due in large part to lower sales in its Junkfood clothing line. Delta, which is also the parent company to M.J. Soffe, now sees E
Hanesbrands Consolidates DC’s…
Hanesbrands Inc. last week said it will close a “high-cost distribution center” in Weston, Fla. and consolidate two other distribution centers currently located in Winston-Salem, N.C., into a third facility close to their new Winston-Salem headquarters.
Margin Pressures Cancel Sales Gains at JJB Sports…
For its fiscal first half, British sporting goods retailer JJB Sports plc felt the margin pressures that accompany a highly promotional environment pull its bottom line below last year’s level, despite a double-digit increase in sales and a high-single-di
TOTAL RECALL: Tents, Batteries, Carabiners
Decathlon USA is recalling all 2006 Quechua brand Tents and Canopies. About 22,000 units are included in the recall as the tents may fail to meet the industry's flame resistant standard, posing a fire hazard. Light & Motion is recalling
Paddlesports Pre-Season Wraps Up…
With the majority of the pre-season orders finalized for the 2007 paddlesports business, most manufacturers are seeing a relatively healthy industry with newcomers flocking to the entry level boats. However, this may be impacting some of the premium produ
Lafuma Sees Stronger Fiscal 2006…
Lafuma reported strong top-line results for the fiscal 2006 year, which ended on September 30, 2006 with much of the company’s growth acquisition-based, but some strong results in several of its core brands. Full-year sales increased 20.1% to €243.0 milli
Life-Link and Dynafit Part Ways as Salewa Goes Direct…
Salewa is preparing to launch a U.S. subsidiary and is ending its distribution agreement with Life-Link Backcountry Travel for Dynafit alpine touring ski bindings, skis, boots, and accessories. For the 2006/07 winter season all shipping, ordering, and cu
Dalbello and Elan Form Join Venture in U.S…
Dalbello Ski boots & Elan Skis have signed a new strategic global alliance which officially begins January 1, 2007 and involves new partnerships in both the Unites States and Canada. Part of the deal involves a joint venture between Dalbello Sports LLC an
Dolomite Taps Petrich as President and CEO
Gary Petrich has been appointed president and CEO of the new Dolomite organization. Petrich will take on the role at the start of next year after a long career with Nordica, most recently as the VP of sales. The new Dolomite will operate as an independen
Buxbaum Group Expects ‘Middling’ Holiday Season
The coming holiday season won’t bring much joy to the nation’s retailers, retail expert Stevan Buxbaum forecasts.
Retailers can expect a small increase in holiday sales but no real strength – the same kind of middling performance they saw in back-to-schoo
Perez Finds Double the Flavor with Wrigley
Bill Perez, former president and CEO of Nike, Inc. has moved on to the Wm. Wrigley Jr. Company where he has been named president and CEO as well as to the company's board of directors. Perez becomes the first person to serve as president and CEO of t
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