Volcom, Inc. announced that for the third quarter ended September 30, 2005, total revenues increased 38% to $51.2 million, compared with $37.2 million in the third quarter of 2004. Gross profit as a percentage of total revenues increased to 51% for the th
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Aldila Sees 79% Q3 Sales Jump Carry Income Up 15.2%
Aldila, Inc. reported net sales of $19.3 million for the third quarter ended September 30, 2005, a 79% increase from net sales of $10.8 million for last year's third quarter. The company reported net income of $3.8 million, or 68 cents per fully dilu
Nordica Partners WIth Go Fast Energy Drinks
Nordica USA and Go Fast announced their partnership for the 2005 – 2006 ski season. Go Fast will supply Nordica representatives with energy drinks to keep ski shop employees fueled for the busy selling season. Additionally, Go Fast will be supplying sampl
Wolverine Promotes Two, Adds Responsibilities to One
Wolverine World Wide, Inc. announced key promotions and organizational changes including promoting Gordon Baird to president of the Heritage Brands Group and Ted Gedra to president of the Wolverine Footwear Group. Wolverine also announced that Stephen L.
Hibbett Renews Credit Facilities
Hibbett Sporting Goods, Inc. renewed its unsecured credit facilities through November 2006 with AmSouth Bank for a maximum of $15.0 million and with Bank of America, N.A., for a maximum of $10.0 million. The credit agreements take the form of two master n
Ski Trab to Distribute in US Via Wasatch
Ski Trab will start distributing skis in the U.S. next season through Wasatch Ski Distribution LLC of Salt Lake City, Utah…
Brown Shoe Appoints SVP-Corporate Real Estate
Brown Shoe Company, Inc. announced the appointment of David G. Krueger to SVP-corporate real estate. In his new role, Krueger will grow and manage Brown Shoe’s real estate portfolio of more than 1,300 retail locations throughout the United States, Canada,
Gramicci Has Back Office and Sales Team Reorganized
Sole Assets Holdings, LLC, a Buxbaum Group affiliate that currently owns the Gramicci brand, has restructured Gramicci’s back office and all of its operations under the guidance of Arnold Rubenstein, the company's operations manager. Notably, Rubenst
Wolverine Appoints Krueger as COO
Wolverine World Wide announced the naming of Blake W. Krueger as president and COO. Mr. Krueger has served as an executive vice president and officer of the company for 10 years with responsibilities for the human resources, retail, business development,
Paddlesports Retailers Show Optimism in Pre-Season…
After coming off of a strong season last year, paddlesports retailers seem to be stocking up for another year of heavy activity, which should translate into some healthy organic growth for the industry as a whole. Preliminary reports from most vendors are
Lafuma Sees Flat Profits on Oxbow Integration…
While Lafuma sales were up by 12.3% for the 2005 fiscal year to €202.0 million ($257.0 mm) compared €180.0 million ($219.1 mm), much of the growth stemmed from the fourth quarter acquisition of Oxbow, the French lifestyle surf company. Organic sales were
K2 Inc. Still Hitting on Most Cylinders as Company Focuses on the Fundamentals…
While KTO shares took a hit two weeks ago after the company issued a reduced outlook, the company rebounded a bit last week as fundamentals behind the company remain solid with expanding gross margins, flat SG&A expenses, and increases in the bottom line.
Oakley Sees Owned-Retail Take Bigger Chunk; Electronics Cause Holiday Excitement…
Oakley continued its string of strong results and saw owned-retail take a bigger portion of the business during the third quarter. Management had further cause for excitement as they welcomed the team’s newest member, Richard Shields, as company CFO just
Confluence Ramps up Production…
Confluence plans to significantly increase its workforce over the next four months by adding manufacturing and middle management positions. The company plans on adding between 200 and 400 employees at its Easley, S.C. facility over the next four months, p
GT Targets IBDs with New Focus…
GT Bicycles is transitioning to an IBD-only distribution strategy, beginning with its 2006 model year products. Earlier in 2005, Pacific Cycle and Performance Bicycle stores announced a partnership, enabling GT to bring a more concentrated emphasis to the
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