Callaway Golf Company was able to narrow its loss for the fourth quarter and swing to a profit for the year as higher gross margins, lower SG&A costs, and sharply higher sales in Asia combined to soften the impact of weaker golf ball sales and lower sales
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
New Era Enters into Patent Deal with Magnahat…
New Era Cap Co. has partnered with Golf Design Inc. for the exclusive rights of use for GDI's Magnahat patent. Rights to Magnahat, a creation of Golf Design's founder/owner, John R. Tate, allows New Era to imbed a magnet into the visor of its c
Columbia Teams with Nissan on European Model…
Columbia Sportswear Company and Nissan Europe SAS have entered into a joint branding effort aimed at building brand awareness throughout Europe. The two companies have joined forces to launch the Nissan X-TRAIL Columbia Edition with a series of events, ma
Columbia Sportswear Beats Q4 Estimates…
Columbia reported record full year sales and slightly lower earnings than last year, but was able to beat previously issued guidance and analysts’ expectations. Net sales for the fourth quarter were $314.1 million, an increase of 4.1% over the $301.8 mill
Columbia Acquires Montrail…
Columbia management sees opportunities in leveraging sourcing, logistics, and capital strength to develop Montrail in the specialty footwear channel and to expand the brand globally. Columbia will also leverage the performance and fit characteristics that
Johnson Outdoors Sees Military Sales Decline Drag Down Fiscal Q1 Results…
Johnson Outdoors Inc. saw first quarter sales decline primarily due to a considerable decline in military sales in the outdoor equipment division. Excluding the $4.6 million decline in military tent revenues, total company sales would have been up $2.2 mi
Cabela’s Looks to Montreal for First Non-US Store…
Cabela's Inc. is working to bring a retail store to Montreal, Quebec, and the surrounding region. Although planning and discussions are in early stages, Cabela's expects to open the Montreal retail showroom as early as late fall 2007 or spring
Brunswick Q4 Fitness Profit Gain Offsets Bowling and Billiards Decline…
Brunswick fourth quarter net sales increased to $1.49 billion, up 12% from $1.33 billion a year earlier. Acquisitions accounted for half the sales increase in the quarter. Net income totaled $88.3 million, or 90 cents per diluted share, for Q4, up from
LaCrosse Steps Up China Presence with Sourcing Office…
LaCrosse Footwear opened its first sourcing office in Zhong Shan, China, in the heart of the Pearl River Delta manufacturing district. The new China location offers a number of key benefits including: reducing LaCrosse's product development timelines
Sportsman’s Guide Continues to Exceed Estimates…
The Sportsman's Guide, Inc. expects to report consolidated net sales of approximately $285 million and diluted earnings per share in the range of $1.37 to $1.38 for the year ended December 31, 2005, compared with total year 2004 results of $232.5 mil
Lafuma Continues N.A. Growth; Builds War Chest…
The Lafuma Group reported a considerable increase in sales during the company’s fiscal first quarter, mainly due to the recent acquisition of OxBow. Including OxBow, total group sales increased 27.0% to €46.6 million ($55.9 mm) compared to €36.7 million (
TSA Goes Private in $1.3 Billion Deal…
If all boats rise and fall with the actions of a particular company, then The Sports Authority created a tsunami on Wall Street last week for the sporting goods retail market, which grew at roughly three times the rate of the overall S&P 500. TSA shares
OIA Develops Fair Labor Code; Announces First Annual Awards
Outdoor Industry Association has adopted a supplier code of conduct as developed by the organization’s Fair Labor Working Group. In addition, OIA released a Fair Labor Toolkit at Outdoor Retailer Winter Market. The Fair Labor Toolkit presents a code of co
Sugoi Names New President…
Stan Mavis has been named president of Sugoi Performance Apparel, a wholly owned subsidiary of Cannondale Bicycle Company. Mavis co-founded Pearl Izumi in the USA and held the titles of president and chairman for 12 years while growing that business to it
And 1 Partners with High Life Apparel
AND 1 has entered into a long-term apparel licensing agreement with High Life Apparel LLC. AND 1 apparel produced by High Life will be available at retail in late 2006. New York based High Life Apparel is a premiere global manufacturer, merchandiser and m
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