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
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
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
Brunswick Sees Acquisitions Help 13% Full Year Sales Gain
For the quarter ended Dec. 31, 2005, Brunswick Corp. reported that net sales increased 12% to $1,489.5 million, up from $1,333.8 million a year earlier. Net earnings rose to $88.3 million, or 90 cents per diluted share, up from $58.8 million, or 59 cents
LaCrosse Opens First Sourcing Office in China
LaCrosse Footwear, Inc. opened its first sourcing office. Located in Zhong Shan, China, the office is in the heart of the Pearl River Delta manufacturing district. The new location offers a number of key benefits including: reducing LaCrosse's produc
Warnaco Modifies Executive Responsiblities to Accomodate Acquisitions
Following the closing of the previously reported Calvin Klein jeans acquisition by Warnaco, the company has shifted responsibilities amongst its executive force with Frank Tworecke, Group President, Sportswear, assuming responsibility for all of the acqui
Gander Gets Class Action Dismissal…
The U.S. District Court in Minnesota has dismissed in its entirety and with prejudice the consolidated securities class action complaint filed against Gander Mountain Company and certain of its officers and directors. Plaintiffs have 30 days from the date
Yue Yuen Margins Take Another Hit in Fiscal 2005, But Retail Growth Helps…
Yue Yuen Industrial Holdings shrugged off the effects of higher costs for raw materials, increases in labor costs and the appreciation of the Yuan to post a 2.2% increase in net profit to $310.1 million for its fiscal full year ended September 30. The co