Collegiate Pacific grew net sales 142% to $27.0 million, in large part due to the acquisitions they completed during fiscal 2004 and the first two quarters of fiscal 2005. The company continued its efforts during the third fiscal quarter to direct some of
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Volcom Files Papers for IPO…
Volcom, the ultimate anti-establishment brand, is joining the ranks of corporate America as the latest action sports brand to file papers with the SEC to become a public company. In an S-1 filed last Friday, the company hopes to raise more than $86 milli
Soffe Parent Moves to Stem Stock Fall; Details Production Shift…
The quarterly earnings release issued last week by Delta Apparel had some rather confusing statements regarding the effect of a future stock split on EPS performance. Some speculate that programmed trades may be the culprit for the nearly 21% drop in DLA
adidas May Have Lost Biggest Stripe Fight Yet…
A letter sent by the International Olympic Committee to the World Federation of the Sporting Goods Industry reflects a decision by the IOC that company logos on an area larger than 20 square centimeters would not be allowed on apparel at the Olympic Games
Nike Inc. Confirms Brand Nike Pullout from Sears…
Nike Inc. on Monday confirmed with Sports Executive Weekly that the company would stop selling Nike brand product to Sears this fall. The move isn’t surprising, considering the recent merger between Kmart and Sears that puts former KMRT chairman Eddie La
Sportsman’s Guide Q1 Income Up 75% on 44% Sales Gain
The Sportsman's Guide, Inc. reported results for the quarter ended March 31, 2005. Net sales for the company's first quarter were $64.3 million, compared with $44.6 million reported for the same period in 2004. Net earnings for the quarter were
Amer Sports Acquires Salomon for €485 Million…
Looks like France isn’t the place to be any longer for winter sports brands as the second blockbuster deal in a month finds another hometown brand acquired by an out-of-town suitor. adidas-Salomon AG announced Monday morning that it had reached an agreem
Delta Moving More Soffe Offshore…
Despite a dip in sales in its fiscal third quarter, Delta Apparel got a nice bottom line lift from improving gross margins and operating margins in the period ended April 2. Net sales for the period dipped less than 1% to $58.3 million from $58.8 million
Head Moves More Tennis Racquet Production to China…
Head Sport AG has decided to outsource 90% of its tennis racquet production from its European sites in Austria and the Czech Republic to China. The move is in response to the sharp rise in the Euro-Dollar exchange rates over the past two years and the sub
Russell Corp Points to Brooks as Key Q1 Driver for Growth…
Russell Corporation may have transitioned itself from an apparel manufacturing company to a sports apparel and equipment marketing company over the last five years, but it is its latest foray into the world of athletic footwear that fueled growth in the m
K-Swiss Speeds Past Street Estimates in First Quarter on International Strength…
K-Swiss, Inc. posted a pretty healthy first quarter despite a decline in Domestic sales, easily crushing Wall Street earnings estimates by a wide margin. But the positive mood was tempered a bit by estimates for the second that led shares lower for the w
Columbia Wakes Up with a 2005 Hangover After Soft Outerwear Year in 2004…
Columbia Sportswear Company pointed to issues with the weather last year, increased competition from “recapitalized companies”, and their own product selection in the Outerwear category as reasons for a decline in future orders for Fall ’05. The company
VFC Outdoor Group Looking Smart as Acquisitions Fuel Future Growth…
VF Corporation would have seen sales increase just 2.8% in the first quarter ended March 31 excluding the impact of acquired businesses and the sale of its Playwear business. Instead, the $156 million in sales generated by the addition of Vans, Napapijir
LaCrosse Sees Q1 Sales Fall on Less Military Business
LaCrosse reported consolidated net sales of $18.9 million For the first quarter of 2005, a decline of 20.3% compared to $23.7 million in the first quarter of 2004. Last year's quarter included $4.3 million from GSA orders to the U.S. Military and $1.
Amer Sports Gets Nice Asia Lift for First Quarter as Europe Stumbles Along…
Amer Sports Corporation reported its first quarter under a new name last week, posting currency-neutral increases across all divisions with the exception of the Atomic Winter Sports group. The company had to anniversary big numbers from Q1 last year when