Oakley Sees Record Q2 Sales; Net Income Slips

Oakley, Inc. saw second quarter net sales increase 19.4%, to a quarterly record $203.6 million, compared with $170.5 million in the same period of 2005. Net income for the quarter totaled $17.9 million, or 26 cents per diluted share, a decrease of 25.4% f

PEP Funding Kept Alive in Senate

The U.S. Senate kept alive funding hopes for the Carol M. White Physical Education Program (PEP). The Senate Appropriations Committee included higher funding than their House counterparts did for PEP in their Labor, Health and Human Services, and Educatio

Easton Sports Canada Adds VP Sales, Canada

Easton Sports Canada announced named Mike Quinn as Vice President of Sales, Canada. Quinn, who has performed various roles in sales and marketing during the past 14 years with Easton Sports Canada, will take over his duties immediately…

Sara Lee Corp. Plans Funding for Apparel Spin-Off

To finance the spin-off of its apparel business, Sara Lee Corporation approved a capital structure that will see Hanesbrands borrow $2.6 million help to establish the enterprise as a stand-alone, independent company. In connection with the spin-off, Sara

Yue Yuen Shareholders Acquire 30% Pau Yuen Stake

Selangor Gold entered into the Sale and Purchase Agreement with Rest Assured, conditionally acquiring 840,000 Pau Yuen shares, representing 30% of the total issued share capital of Pau Yuen, at a consideration of NT$20.0 million ($610,503). Rest Assured i

Eagle Nice Annual Revenues Up 15%; Net Income Down 18%

For the full fiscal year, revenue ofor the Eagle Nice group increased from HK$451.4 million ($57.9 mm) to approximately HK$519.3 million ($66.9 mm), an increase of approximately 15%. The gross profit margin of the Group was approximately 24% for the year,

RECALL: Lotus Designs Mildwater PFD

Lotus Designs, Inc., the paddling apparel manufacturer and an affiliate of Patagonia, Inc., is voluntarily recalling its Mildwater PFD. This style is also sold as the Fishing PFD and Patagonia Fishing Vest. The recall is issued due to the possibility that

NRF: Back To School Spending Expected to Surpass Last Year

According to the National Retail Federation’s (NRF) 2006 Back-to-School Consumer Intentions and Actions Survey, conducted by BIGresearch, families with school-aged children will be spending more on back-to-school shopping this year than last, with the ave

Sports, Inc. Hands Out Industry Awards

Sports, Inc. named its store, vendor and salesperson of the year. Bush-Wells Sporting Goods has been named the 2006 Sports, Inc. Store of the Year. SanMar has won the 2006 Sports, Inc. Vendor of the Year award. Bill McIver, Holloway National Sales Manage

Hot Chillys Signs On With Centerstone Technologies

Hot Chillys will begin using CenterStone Technologies, Inc. on-line business-to-business (B2B) sales order management software application in an agreement signed today. Hot Chillys will use CenterStone's iVendix on-line ordering tool for retail deale

Sole Tech Unveils Altamont Apparel

Sole Technology launched Altamont Apparel Ltd. set to hit select stores globally in October 2006, with Andrew Reynolds on board as design director. In addition to his role with Altamont Apparel, Reynolds is also the owner of Baker Skateboards…

RECALL: Dive Computers

Suunto Oy and the CPSC are recalling about 3,900 Suunto D9 and D6 Model Wristop Dive Computers. These dive computers could incorrectly track dive time, which
could cause incorrect calculation of decompression requirements. This
could lead to decompression

Nielsen Sports: adidas Wins Out in World Cup Marketing

Nielsen Sports reports that adidas had the most overall brand exposure during the 2006 World Cup final between Italy and France, garnering over 1.2 billion impressions among adults 25-54. In addition, adidas was the winner in apparel sponsorship due to it