During a conference call with analysts and the media, one analyst questioned VF’s Chairman and CEO, Mackey MacDonald about a recent speculative report in Women’s Wear Daily that stated VF could acquire Eddie Bauer.
While Mr. MacDonald said that VF will
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
VF Raises Full Year Guidance…
VF Corp. raised guidance for the first quarter two weeks ago in advance of the Q1 release, but is now also increasing its outlook for the year. The company raised its full year guidance for both revenues and earnings, now estimating that revenues will inc
Sportsman’s Guide Ups Outlook…
The Sportsman's Guide, Inc. said last week it expects to report revenues for the for first quarter of approximately $71 million, above the current average estimate of $69.2 million and over 10% above the $64.6 million reported for the same period in
OIA Capitol Summit 2005 Opens New Doors…
Each Year, Outdoor Industry Association hosts the Capitol Summit in Washington D.C. in order to give members the opportunity to have their voices heard in a collective lobbying effort, and each year Congress becomes more receptive to OIA’s message. OIA st
Rottefella Acquires NAXO…
Rottefella has acquired a majority Stake in NAXO AG and intends to “become a major player” in the alpine touring market. Rottefella already boasted a 40% market share in cross country bindings world-wide, and recently inked a deal with Fischer to make the
Thule Hits the Ground Running
Thule’s sales increased during first quarter 2006 by 39.6% to SEK 905 million ($116.5 mm) compared to SEK 649 million ($93.9 mm). Organic sales increased 17.3%. Operating profit before one-off items increased by 58% to SEK 94 million ($12.1 mm) compared t
Pony Names Stroesser as CEO
Athletic footwear industry veteran Jim Stroesser has been appointed CEO of Pony International LLC. Stroesser, who previously served as Vice President of Sales at Converse, as National Sales Director at Oakley, and as a senior sales executive at Nike, move
Execute Sports Partners with Rincon Distribution
Execute Sports, Inc. has entered into an worldwide partnership with Rincon Distributionto open up new sales and distribution channels for Execute both in the United States, as well as internationally…
NSGA: Average Athetic Footwear Prices on the Rise
In 2005, the average price of athletic and sports footwear rose to $40.33 versus $39.32 in 2004, according to the “The Sporting Goods Market in 2005” published by the NSGA. With advances in average prices outnumbering declines more than two to one for the
Brunswick Q1 Sales Up 4.1%; Net Down 28.8%
Brunswick Corporation posted sales of $1.46 billion for the first quarter, an increase of 4.1% over sales of $1.40 billion during the year-ago quarter. Net earnings were $67.4 million, or 70 per diluted share, for the first quarter of 2006, down 28.8% fr
New Stores Increase Q1 Net Loss for West Marine
West Marine, Inc. posted a net loss of $9.4 million, or 44 cents per share for the first quarter, compared to a net loss of $5.5 million, or 26 cents per share, for the same period a year ago. Net sales for the quarter were $132.6 million, compared to net
Mountainsmith Launches Camera Bag Division
Mountainsmith has formed a new camera bag division that will focus on non-outdoor accounts including specialty camera shops and consumer electronic stores. This new division will have its own sales force reporting to Gareth Richards, vice president of sal
Kelty Named Stroller Sponsor of Baby Boot Camp
Kelty will be the exclusive stroller sponsor of Baby Boot Camp, a national mom-and-baby fitness and strength program with classes in more than 160 locations across the United States, Canada, Australia, and Bermuda.
Deckers Sales and Net Income Down in First Quarter
Deckers Outdoor Corporation saw first quarter net sales total $56.0 million, down 12.9% from $64.3 million in the same period last year. Net earnings for the quarter were $5.6 million, a 37.1% decrease compared to earnings of $8.9 million last year, while
Columbia Sees 5.9% Q1 Sales Increase
Columbia Sportswear Company posted first quarter net sales of $260.2 million, an increase of 5.9% over net sales of $245.7 million for the same period of 2005. The company reported net income for the first quarter of $19.5 million, an 8.5% decrease compar
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