Amer Sports reported that fourth quarter net sales increased 114% to €558.5 million ($664 mm) from €261.0 million ($339 mm) in the year-ago quarter. The Salomon acquisition contributed €255.2 million ($304 mm) to the quarter’s top-line, a 0.8% increase ov
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Riddell Bell / Easton Deal Forms $600 MM Company…
Riddell Bell Holdings has entered into an agreement to acquire 100% of the outstanding capital stock of Easton Sports, Inc. from JAS D. Easton, Inc., the current owners, for $385 million in cash. At the time of the closing of the transaction, JAS will pur
Footstar Facing SEC Civil Action…
Footstar, Inc. received a Wells notice from the SEC in connection with the Commission's outstanding enforcement proceedings into the facts and circumstances that gave rise to the company's restatement of financial results from 1997 through 2002.
Timberland Q4 Sales Inch-Up; Sees Slower 2006…
The Timberland Company saw modest sales increases during the fourth quarter of 2005 driven by gains in the U.S., Europe, and Asia while apparel and accessories were the strongest categories. The company is well on its way towards completing its Caribbean
Litigation Charges Put the Hurt on Cybex Bottom Line…
Cybex International, Inc. posted double-digit sales increases for the fourth quarter and the full-year, but saw litigation charges hurt what would have otherwise been strong bottom-line gains.
Net sales for the fourth quarter were $36.0 million, compare
Oakley Posts Q4 Sales Gain; Net Off Cause…
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
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
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