The Finish Line, Inc. saw net sales increase 10% to $399.2 million for the fourth quarter compared to $361.4 million during the same period last year. Comparable store net sales were flat for the quarter after an 8% increase last year. Net income for Q4 w
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Phoenix Footwear Posts Q4 Organic Sales Decrease
Phoenix Footwear Group, Inc. reported net sales for the fourth quarter increased 60.2% to $33.2 million, compared to $20.7 million for the fourth quarter a year ago. The strong top-line performance during the quarter was driven by “robust” growth from the
Bernard Lacoste Passes Away
Bernard Lacoste, former president and honorary president of Lacoste S.A., passed away peacefully in Paris, on March 21, 2006, dut to a fatal brain hemorrhage following a serious illness which struck him in early 2005. This illness led him to transfer the
Cabela’s Plans Adairsville, GA Store
Pending a vote on legislation before a committee of the Georgia General Assembly, Cabela's plans to open an approximately 165,000 square-foot retail showroom that could be completed as early as fall 2007 in Adairsville, Georgia. The store would be Ca
Perry Ellis Posts Record Year; Swimwear Hurts Sales
Perry Ellis International, Inc. saw record revenues of $849.4 million for the fiscal year, up 29.4% over the $656.6 million reported for the comparable period a year ago. The company's fiscal 2006 revenue includes a 30% increase due primarily to the
Nike Sees Q3 Revenues Increase 9%; Net Jumps 19%
Nike, Inc. reported that third quarter revenues increased 9% to $3.6 billion from $3.3 billion for the same period last year. Currency exchange rate fluctuations reduced revenue growth by three percentage points. Net income grew 19% to $325.8 million from
GSI Commerce Awarded $3.75 mm in Grants from PA
GSI Commerce Inc. received grants totaling approximately $3.75 million from the Commonwealth of Pennsylvania earmarked for economic development and employee job training. Approximately $3 million of the grants came from the Redevelopment Assistance Capita
SIA Hires New Marketing Firms…
After more than three years and hundreds of projects executed, Factory Design Labs and SnowSports Industries America have parted ways and SIA has hired Siquis Limited and Big Rig Creative as the association's agencies to help implement new marketing
Deckers Welcomes Worley as New Teva President…
Deckers Outdoor Corporation hired Peter Worley as Teva brand president, responsible for all aspects of the Teva brand, reporting directly to President and CEO Angel Martinez. Mr. Worley will replace Carlo Lingiardi, who was injured in a cycling accident i
The Updated Look from Investor Conferences…
Following the flurry of year-end financial reports in the public sector of the Bicycle, Outdoor, and SnowSports industries, many companies headed for New York to attend several different investor conferences. These events give analysts, individual investo
Keen Helps Conservation Alliance Recruit 24 New Members
The Conservation Alliance has recruited 24 new member companies in the last 12 months, meeting a challenge from Keen Footwear to raise $120,000 in new member dues in one year. Keen offered to match the first year's dues of any company that joined the
OIA Rendezvous Scheduled for Chatanooga in October
The Outdoor Industry Rendezvous, the industry’s largest leadership conference, is set for October 11-14, 2006 in Chattanooga, Tennessee to expand network and create new industry colleagues; explore new business tools and techniques; discover models of inn
Great Colorado Snow Boosts Vail’s Second Quarter…
Vail Resorts reported a record breaking fiscal second quarter for both top and bottom line performance. Skier visits were up at all four of Vail’s Colorado resorts, more than offsetting a decline at Heavenly due to some challenging weather over the Christ
NAU is Ready to Make Waves in the Outdoor Industry…
Last year several senior Nike and Patagonia employees resigned their positions and decided to join an unknown start-up company, which was incorporated as “Under The Wire.” Since that time, rumors have been floating around, primarily based on speculation.
Eastern Rain Brings American Skiing Co. Into the Red…
American Skiing Company reported strong results in its Christmas/New Years and Presidents' Day holiday periods, and slightly lower skier visits than in the prior fiscal year in the East in January. However, at Steamboat and The Canyons in the West, t