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
Vaude Acquires Edelrid…
Vaude has acquired Edelmann + Ridder GmbH & Co. KG, parent company to the Edelrid brand of climbing ropes and accessories. The two companies should be able to realize synergies relatively quickly due to their close proximity and Vaude’s existing experienc
CenterStone Sees Online Orders Jump at Specialty Retailers …
Wholesale online transactions advanced aggressively from “trend” status in 2004 to a profitable industry standard during 2005 as CenterStone Technologies, Inc. announced a third consecutive year of record usage by retail dealers of the company's busi
SIA.07 Expects to Sell Out by March…
SIA has reported that space requests for current exhibitors and new companies interested in exhibiting at SIA.07 are coming in at the fastest pace ever. SIA anticipates that with nearly all past exhibitors expected to return and the strong demand from new
Camelbak Investigating Diverted Product on Sale at Costco Web Site…
Employees of CamelBak spotted a relatively small number of the company’s M.U.L.E. hydration packs for sale on Costco’s web site. Camelbak is in the process of investigating how this unauthorized sale came about, since Costco is not a Camelbak dealer. The
Vail Resorts Restructures…
Following Adam Aron’s decision to retire from his position as Vail Resorts’ CEO, the company is restructuring its senior management team. Robert Katz, will replace outgoing chairman and CEO Adam Aron. SVP/COO’s William A. Jensen and Roger McCarthy were na
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