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
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
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
Hasty Joins Schutt Sports as Sr. Marketing Manager
Rick Hasty has joined Schutt Sports
as the Senior Marketing Manager over Baseball and Softball. Hasty worked for
Rawlings / Worth for the past ten years. Prior to that, he worked for Spalding and
Steele’s…
Sportsman’s Guide Sees Q4 Sales Increase 10%
The Sportsman's Guide, Inc. reported record results of operations for the quarter and year ended December 31, 2005. After adjusting out the additional week in the fourth quarter of 2004, the consolidated net sales for the fourth quarter of 2005 incre
adidas Group Takes a Healthy Base Business into New Year; Reebok Looks Better in Back Half…
adidas Group saw double-digit growth across all regions in Q4 and both brands under the Group umbrella at the end of the year, but the company will now have to contend with issues with an acquired Reebok business that brought with it a sharp decline in or
Foot Locker Gets Bottom Line Lift from Benefits; Strong U.S. Offsets Europe Declines…
Foot Locker Inc. got a boost for the month and the quarter from additional marquee product this year as continued strength in the Footaction and Champs businesses added icing on the cake of a strengthening U.S. Foot Locker group business. The business al
Genesco Sees Planets Aligned for Mall Formats…
Genesco Inc. looks to be sitting in the catbird seat these days as they capitalize on fashion trends that appear to be aligning directly with a number of their mall retail formats. Journeys, always the darling of the fashion athletic business, is now gro
EJ Acquisition Helps Double Rocky Q4 Sales…
Rocky Shoes & Boots saw a considerable upside from their acquisition of EJ Footwear, more than doubling Q4 sales and increasing the company’s bottom line to $2.6 million compared to $2.2 million in the year-ago period. Net sales for the fourth quarter inc
Everlast Licensing Doesn’t Translate to Profit Yet…
Everlast Worldwide Inc. saw revenues jump for its fourth quarter in both sporting goods sales and licensing revenues. Unfortunately, the company was unable to transfer these gains to the bottom line, posting another quarterly net loss due to divested bus
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