Oakley saw a respectable 6.2% sales gain and even a 20 basis point margin improvement get lost along the way down the income statement as the company posted a net income decline for Q4.
Fourth quarter net sales were $162.4 million, up 6.2% from $153.0 mil
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Oakley Unveils Brand Strategy; Picks Up Oliver Peoples…
After Oakley saw its Q4 sales gain fail to translate to the bottom line, management unveiled several initiatives that it hopes will help achieve sustainable revenue growth, improved long-term earnings growth, and return on investment. In addition, the com
Acushnet Posts Q4 Loss Despite Sales Gain…
Acushnet sales were up 3.0% to $201.6 million in the seasonally slow fourth quarter as revenues grew across all product lines. But the golf division of Fortune Brands, which includes the Titleist, FootJoy, Cobra, and Pinnacle brands, posted a $6.4 millio
Collective Licensing Int’l Extends Brand Management Platform with LBL Deal…
Collective Licensing International, LLC, owner of the Airwalk and genetic brands, has acquired Toronto, Ontario-based Lifestyle Brands Ltd., owner of the Vision and Vision Street Wear, Vision Skateboards, Vision Snowboards, Premise, Lamar and LTD, Dukes,
ispo Winter 2006 Draws a Crowd
ispo winter 06 took place on 160,000 sq. m. at the New Munich Trade Fair Centre from January 29 to February 1, 2006. A total of 1,806 exhibitors, compared to 1,600 last year, from 49 countries, compared to 44 last year, attended the fair. 81% of the atten
Fromson Steps Down from Role as President of Cascade Designs…
After 23 years at Cascade Designs Inc., Lee Fromson will be stepping down as President on February 28, 2006. In 2005, the CDI Employee Stock Bonus Plan was revised. While that revision improved the financial structure of CDI, it resulted in a change to th
Intrawest Turns Snow into Profits…
Intrawest reported a strong fiscal second quarter and managed to pull itself out of the red, largely due to the sale of its Mammoth ski area in Lake Tahoe. The sale added $60.0 million to the company’s bottom line, but even without this benefit, the compa
The Lafuma Group Files for $30 million Secondary Public Offering
For the first time since its initial public offering in May of 1997, Lafuma has filed papers with the AMF (The French Financial market regulator) for a secondary public offering of 478,035 shares for a total of €25.3 million ($30.4 mm). The offering price
SIA.06 Wraps-Up; Attendance on-par with Last Year
Exhibitors displaying new product lines at SIA.06 for the 2006-07 season represented over 95% of the market share for the ski and snowboard sectors and 80% of the Nordic, telemark, and snowshoe market. The show boasted 350,715 net square feet and 900 bran
SIA.06: Hardgoods Turned a Few Heads Too…
While fashion certainly stole the show at SIA.06 there was no shortage of innovation coming from the hardgoods companies. Alpine Ski companies are looking at new shapes and binding interfaces to improve speed, edge control, and overall performance, while
OnBoard Outfitters Launches Baby Line at MAGICkids
OnBoard Outfitters is launching its OnBoard Baby line at MAGICkids at the MAGIC Marketplace. OnBoard Baby is introducing a full line of baby carriers and diaper bags incorporating its patent-pending performance and adventure-tested fabrics NeoClene and Lu
SGMA Opposes 2nd Annual PEP Budget Cuts
Just as he did last year, the President has recommended the elimination of the Carol M. White Physical Education Program (PEP) by 2008. The 2007 budget proposes only $26.4 million for PEP, the amount needed to fund previously-awarded, multi-year PEP grant
NSGA: Mid-Atlantic Sporting Goods Sales Up 24.8% Since 1997
According to the NSGA and the U.S. Census Bureau, the Mid-Atlantic states are seeing slightly larger growth in sporting goods store sales than the rest of the country as a whole. In the Middle Atlantic states (NJ, NY, PA), overall sporting goods store sal
Brine Signs Clemens to Soccer RandD Team
Brine, Inc. signed an agreement with Mandy Clemens to join the Brine Soccer R&D Team. The 27-year-old San Diego native and Santa Clara University graduate will be prominently featured in Brine advertising, including their “Find Your Game” campaign. In add
Hurley Names New Skate Marketing Manager
Hurley added Aaron Astorga as Skate Marketing Manager to its team of professionals. As such, Astorga will manage the skate team and all athletic development, media, events, and promotions related to the company’s athlete roster including skate, BMX, MotoX
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal