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
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
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
Kangol Partners with Stereo Sound Agency for Headwear
Kangol has joined forces with Stereo Skateboards, a.k.a. The Stereo Sound Agency, to release an exclusive line of headwear for SpringISummer '06.
Stereo Skateboards, founded in 1992, is the brainchild of skateboarder/artist Chris Pastras and
skateboa
Columbia Q4 Net Declines Despite 4.1% Sales Gain
Columbia Sportswear Company reported fourth quarter net sales of $314.1 million, an increase of 4.1% over net sales of $301.8 million for the same period of 2004. Net income for the quarter was $36.6 million, a 7.1% decrease compared to $39.4 million last
Gander Expects Big Q4 Sales and Earnings Jumps
Gander Mountain Company expects pretax income for the fiscal fourth quarter to be in the range of $21 million to $22 million, an increase of 20% to 25% over the fiscal fourth quarter of 2004. The company anticipates that sales for the quarter will total $
Finish Line Sees Q4 at Top End of Guidance
The Finish Line, Inc. reconfirmed guidance for the fourth quarter ending February 25, 2006 and announced sales and earnings guidance for the year ending March 3, 2007. The company had previously issued guidance for Q4 of a comparable sales gain of 1% to 2
ThirtyTwo Adds Foxy and Casselberry to Team
ThirtyTwo added two of the industry vets to their team, hiring Mike Fox as Product Line Manager and Todd Casselberry as Product Merchandising Manager. As Product Line Manager for ThirtyTwo, Fox’s responsibilities include all aspects of line conception, de
NRF Elects New Board Members
The National Retail Federation elected members of its Board of Directors during NRF’s 95th Annual Convention & EXPO in New York City. M. Farooq Kathwari, Chairman, President and CEO, Ethan Allen Interiors Inc., will succeed Arnold B. Zetcher as Chairman o
Lacrosse Industry Gives Gravante Muhlfelder Award
During the 2006 US Lacrosse Convention opening ceremonies, the Lacrosse Industry Council presented the inaugural James Leo Muhlfelder award to Tom Gravante, head coach at Mount St. Mary's. Named after the former President of deBeer Lacrosse and the f
ASR Sees Busy Opening Night Lead to Energetic Show
ASR springboards into the next quarter century with a bigger, busier show. From January 20-22, ASR brought summer and fall lines from the hottest emerging brands, strongest established brands, and spectacular special events to San Diego. Friday set the to
The State of the Industry 2006: Innovation Again Rules Supreme…
The Sporting Goods Manufacturers Association released their annual State of the Industry report at this week’s Super Show in Orlando, citing strength in the fashion end of the athletic footwear and apparel business and a stronger economy for the estimated
Russell Corp. Sees Big Savings in Latest Restructuring…
Russell Corporation saw RML shares jump more than 8% on Friday after a late report Thursday that it would cut approximately 2,300 jobs worldwide and shift more production off-shore on the way to saving $35 million to $40 million annually on a pre-tax basi
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