Summus Works, Inc., formerly known as Prime Rate Investors, has signed a letter of intent to acquire the U.S. distributor of Lisker clothing. Lisker is based in Grenoble, France, where it manufactures technical ski and snowboard wear and accessories. Lisk
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Shimano Misses Sales Targets; Income Falls 15%…
Shimano, Inc. saw sales and margins slip in 2005 as operational problems plagued its bicycle components division causing the company to miss delivery on several of its higher end products. Spurred by higher demand for high end road-bikes, manufacturers ra
Orange 21 Reorganizes International Distribution…
After pre-releasing their fourth quarter and 2005 financials in February (see BOSS_0609), Orange 21 delayed filing its quarterly results with the Securities and Exchange Commission until recently. The company reiterated the sales and earnings declines rep
Timberland Uses Solar Power for Distribution Center
The Timberland Company, Inc. will use solar generated power as the primary source of electricity at its Ontario, California distribution center following the completion of a solar panel installation. Timberland's distribution center will be the first
Outside Magazine Names Gear of the Year Winners
After months of rigorous field-testing, Outside announced the 2006 winners of the magazine's Gear of the Year awards. The 15 winning products—from mountain bikes, surfboards, and kayaks to digital cameras, GPS units, and sunglasses—represent the very
Berkshire Hathaway to Acquire Russell Corp.
Russell Corporation and Berkshire Hathaway Inc. have executed a definitive Merger Agreement for Berkshire Hathaway to acquire Russell Corporation. Under the terms of the Merger Agreement, Russell Corporation stockholders will receive $18.00 per share in c
Antigua Sales Increase 5.1% for 2005
Antigua Enterprises Inc. saw net sales for the full fiscal year increase 5.1% to $45.9 million from $43.7 million the year before. Net income, however, slipped 11.5% to $2.1 million from $2.4 million one year ago. Diluted earnings per share reflected th
Easton-Bell Names Palma as CEO
Anthony Palma has officially assumed the position of CEO of Easton-Bell Sports, Inc. and Mark Tripp has assumed the position of CFO. William Fry, the company’s existing president and CEO, will remain the company’s president and will assume the new title o
GBMI Sells Stake in Pony to Hong Kong Firm
Global Brand Marketing Inc. sold its majority interest in Pony International, LLC to Sharp Gain Profits Limited, a member of the Symphony Holdings Group based in Hong Kong. In addition, the two other entities with interests in Pony, including The Firm Sho
Escalade Sports Sales Jump 42% in Q1
Escalade, Incorporated saw first quarter net sales of $32.8 million, a 10% increase compared to the year ago quarter. Net income rose 18% to $1.4 million or 11 cents per share versus 9 cents in the year ago quarter. Net sales at Escalade Sports increased
WESC Opens NYC Concept Store
WESC WeAretheSuperlativeConspiracy,Inc launched its New York-based concept store at 282 Lafayette Street with an exclusive store reception, which then moved to Home where Weactivists Stretch Armstrong and Steve Aoki spun to a crowd of over 500 people, inc
Timberland Partners with Swatch Group Subsidiary
The Timberland Company has signed a new licensing agreement with Endura SA, the private label and licensing company of the Swatch Group Ltd. Under today's agreement, Endura SA will be tasked with the development of a new collection inspired by the ou
Simple Sponsors Kokua Festival
In the spirit of the Green Toe initiative to reduce the ecological footprint left from making shoes, Simple Shoes is a platinum sponsor for the 2006 Kokua Festival.
The Kokua Festival is two days of music, celebration, and environmental awareness on Maui
Barea Retires from Russell Corp.
Russell Corporation senior vice president and CEO of the Activewear division, Julio A. Barea will retire effective May 15, 2006. Tony Iannuzzi has been promoted to general manager of Artwear/Careerwear and Al Lopez has been promoted to general manager for
Rebel Sport AU Sees Q3 Comps Jump 10.5%
Australia's Rebel Sport Limited saw sales revenue for the nine months ended April 1, 2006 increase 14.5% to $272.9 million over the same period last year, including sales revenue from the Glue lifestyle stores. Sales on a same store basis increased b
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