Volcom, Inc. announced the filing of a registration statement with the SEC for a proposed offering of 5 million shares of common stock. Selling stockholders will offer all of the shares in the proposed offering and, accordingly, the company itself will re
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Head NV Rides Flexpoint Technology to Solid Q3…
Head N.V. saw less upside in its practice of reporting in U.S. currency in the third quarter, as the strengthening Dollar narrowed the spread against the Euro to just 20 basis points in the period. But the company needed less of a boost in reporting thei
Timberland Wants More than Lining from Smartwool…
In the second significant outdoor industry acquisition in as many weeks, Timberland inked a definitive agreement to purchase all of SmartWool’s outstanding stock from two private equity investment groups for roughly $82 million in cash. SmartWool’s 2005
Apparel Quota Battle May be Drawing to a Close…
The United States and China announced a comprehensive, 3-year agreement on the import of textiles and apparel. The quotas established under the agreement are similar to quotas that would have been imposed if China textile safeguards were invoked, but quot
Under Armour Gets Lift from Women’s Business in Q3; Sets IPO Price Range…
Under Armour expects to raise between $90 million and $114 million in its initial public offering, according to an amended S-1 filed late last week. The company will offer 9.5 million shares of Class A common stock and certain shareholders are selling an
Amer Sports Merges Wilson Back Under One President…
Chris Considine, who has been serving as president of the Team Sports division for Amer Sports, gets the nod as president of the re-merged Wilson Sporting Goods Company.
In April 2003, Wilson had been broken into two operating units servicing its Team S
Rebel Sport NZ Sales Gain Can’t Offset Other Briscoe Divisions…
Briscoe Group Limited reported that Rebel Sport sales increased 6.1% to NZ$23.7 million ($16.5 mm) for the fiscal third quarter ended October 31. Rebel Sport comp store sales increased 3.8% versus last year.
Total BGL sales were NZ$73.2 million ($51.1 mm
Sport Chalet Bottom Line Takes Hit from Recap…
Sport Chalet, Inc. turned in another solid quarterly performance for the fiscal second period ended September 30, but saw its recapitalization efforts in the quarter wipe out otherwise stellar results. The five new stores opened since fiscal Q2 last year
Adams Golf Sees Drivers Gain Offset by Irons and Fairway Woods, Can’t Keep Business on Par…
Adams Golf saw third quarter weakness in two categories lead to an increase in cost of sales and a resulting 440 basis point gross margin decline, forcing net income to dip below the break-even line for the period.
Total net sales declined 7.3% to $10.2
Sport-Haley in JV to Sell Top-Flite to Wal-Mart…
Sport-Haley, Inc. and Explorer Gear USA, Inc., a California corporation have entered into a joint venture in order to manufacture and market Top-Flite branded apparel to Wal-Mart Stores, Inc. in the U.S. The joint venture is to be formed and operated as a
Mossimo Deal Now Off Again…
In a story that’s had more twists and turns than a J.Lo engagement, the third party that had submitted an unsolicited proposal indicating an interest in pursuing a business combination with Mossimo Gianulli in the acquisition of Mossimo Inc. has decided t
Big 5 Struggles with Calendar Shift in Q3; Sales and Profits both Hurt by Loss of Key Week…
Big 5 Sporting Goods would have seen better results had it not been attempting to anniversary against a shifting retail reporting calendar, a new distribution center, and costs associated with the company’s restatement of certain financial statements. Th
Golf Town Looks to New Stores to Offset Lack of New Product…
Canadian golf-specialty retailer, Golf Town followed up a record second quarter with a decent third, but felt that much of the record second quarter was due to sales that would normally have occurred during Q3. Nonetheless, the company still saw its pre-
Strong Finish to October Helps Pacific Sunwear Post Strong Third Quarter Gains…
Pacific Sunwear of California, Inc. saw the third quarter start off slowly, posting a 2.6% comp sales in August, but finish strongly with a respectable 5.3% gain in September and a 7.9% comparable store sales increase in October that benefited from an exc
Profit Growth Outpaces Q3 Sales Gains at The Buckle…
The Buckle saw a large gross margin gain during the third quarter ended October 29 cover ground lost on a slight comparable sales decrease and SG&A expense increase. The margins gain, coupled with a low-singles net sales increase, prompted a low double-d
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