In a conference call discussing Cutter & Buck’s third quarter, the company welcomed its new CEO Ernie Johnson and its new president, Kaia Akre. Both are replacing the recently retired CEO and president, Tom Wyatt. It was handshakes all around as the new m
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Callaway Apparel Helps Ashworth Post 11% Q1 Sales Gain…
For the fiscal first quarter of 2006, Ashworth saw total sales increase 11% over the prior year quarter. Sales of Ashworth branded merchandise increased 3.5% to $20 million, while Callaway Golf apparel increased 23% over last year’s first quarter to $10.6
SnowSports Retail Results Remain Strong Through January…
In spite of tough weather conditions throughout much of the Northeast, SnowSports sales remained strong thanks to a healthy early season and near-perfect conditions in the Western states. However, January sales for the industry did lag behind last year at
U.S. and China Increase Anti-Counterfeiting Laws…
As more manufacturing of footwear and apparel in the Bicycle, Outdoor, and SnowSports industries moves off-shore, the costs of protecting trademarks and intellectual increases. Many manufacturers are facing growing counterfeiting problems, including Timbe
Outdoor and SG Retail Finishes 2005 With a Bang…
Large national outdoor retail chains saw a banner year in 2005, with higher than expected comps that trickled down to the bottom line. The two largest specialty outdoor retailers in the country, REI and L.L. Bean, were able to capitalize on great winter c
Nidecker Adds to Sales Rep Team
Nidecker Snowboards distributed by MI Distribution added 3 new reps to their sales force. Josh Yandell will cover the Northwest, Vince Falco in the Midwest, and Tim Graber in the Southwest…
Vestal Nominated for Breakthrough Brand by SIMA
Vestal Watch, Inc. has been nominated for the Breakthrough Brand of the Year award by the Surf Industry Manufacturers Association. This award celebrates brands in the surf industry that have experienced growth in product development, brand recognition and
SIMA Announces Image Award Nominees
The Surf Industry Manufacturers Association unveiled the list of nominees for the fourth annual SIMA Image Awards, a program designed to recognize surf industry companies for their outstanding achievements in eight categories. The nominees in the main cat
Umbro Manages to Operating Profit Increase in Non-Tourney Year
Umbro plc reported that total wholesale equivalent sales, which is the Group’s buy/sell sales plus the wholesale value of licensees’ sales, for the full fiscal year declined 1.2% to £351.9 million ($641 mm) from £356.3 million ($653 mm) in 2004.
Operating
Quiksilver Sees Rossignol Acquisition Boost Sales
Quiksilver, Inc. saw consolidated net revenues for the first quarter of fiscal 2006 increase 58% to $541.1 from $342.9 million during the same period last year. Consolidated net income for the quarter increased 31% to $18.6 million from $14.2 million the
Shoe Pavilion Expects Q1 Sales of $26-$28 mm
Shoe Pavilion, Inc. expects to record first quarter net sales of $26 to $28 million and earnings per share of 2 cents to 6 cents…
Ashworth Posts 11% Q1 Sales Gain
Ashworth, Inc. saw consolidated net revenue for the first quarter increase 11.2% to $40.6 million from $36.5 million for the first quarter of 2005. The company reported a consolidated first quarter net loss of $50,000, or 0 cents per diluted share, compar
K2 Inc. Beats Q4 EPS Guidance Ex-Charges
K2 Inc. net sales for the fourth quarter increased 4.3% to $353.5 million from $338.9 million in the prior year. Adjusted net income for the fourth quarter of 2005 was $14.7 million, or 28 cents adjusted diluted earnings per share, compared to pro forma a
Recall: Quecha Snowboard Bindings
The CPSC and Quechua announced a recall of the Rn'x7FX snowboard bindings. In total, about 230 bindings were distributed by Decathlon USA, of Wilmington, Mass. The snowboard binding's plastic base can break during use,
posing a risk that snowbo
Winter Trails Draws Double the Participation in 2006
The 2006 Winter Trails program, now in its 11th year, drew over 12,100 participants – more than double the number of participants in 2005. The international event offered newcomers to snow sports an opportunity to try snowshoeing and cross country skiing
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