G.I. Joe's will officially open the company's tenth Washington store, in Mount Vernon, on Sunday, May 1. The Mount Vernon G.I. Joe's store is the chain's first new store in Washington this year, the first in Washington since the Lake S
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Columbia Sees Income Rise 6.5% on Sales Jump of 18.9%
Columbia Sportswear announced record first quarter net sales of $245.7 million for the quarter ended March 31, 2005, an increase of 18.9% over net sales of $206.7 million for the same period of 2004. The company reported record net income for the first qu
Delta Apparel Income Up 42% Despite Slip in Sales
Delta Apparel, Inc. reported financial results for the third fiscal quarter ended April 2, 2005. Net sales slipped to $58.3 million from $58.8 million in the prior year. Net income increased 42.1% to $5.4 million compared to the prior year's level of
Reebok Q1 Results Show a Shift in the Business…
Reebok International Ltd. continues to integrate The Hockey Company into the Reebok Brand business, merging the Reebok Canada operation with THC’s operation and appointing Matt O’Toole, CEO of The Hockey Company, to lead the combined operation. Reebok Ca
Former Industry Execs Sentenced in China Kickback Scheme…
A former Vans executive, Scott Andrew Brabson, and Jay William Rosendahl, a former Columbia exec who was a consultant to Vans, were sentenced Monday to 71 months in federal prison after admitting earlier this year to taking kickbacks from Chinese manufact
Brunswick Looks to More Marine in Q1…
Brunswick looked to its Marine division to post a 16.8% increase in revenues to $1.40 billion for the first quarter from $1.20 billion in Q1 last year. However, the Fitness division and the Bowling division were both a drag on operating income for the qua
Stearns, Inc. Acquires Wader Company…
Stearns has acquired Hodgman, Inc., a wader and wading accessory company founded in 1838. Hodgman’s products include breathable, neoprene, canvas and rubber waders, outerwear, wading boots, rubber knee boots, and accessories…
PUMA Nails Down Another Solid Quarter in Q1 as U.S. Business Moves Out Front…
PUMA AG reported another healthy quarter across the board in Q1, with both sales and profits increasing in double-digits for the period. The company is starting to see a bit of a shift in energy though, as sales growth in the Americas and the U.S. easily
VFC Counts on Outdoor and Sportswear for Organic Growth in Q1; Jeans Flat…
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
Head Moves 90% of Tennis Racquet Production to China…
Head has decided to outsource 90% of its tennis racquet production from its European sites in Kennelbach, Austria and Èeské Budejovice, Czech Republic to China. This move is in response to the sharp rise in the euro-dollar exchange rates over the past two
Skechers Q1 Sales Rise 11.2%; Earnings Jump 47%
Skechers USA, Inc. announced financial results for the first quarter ended March 31, 2005. Net sales for the first quarter of 2005 rose 11.2% to $246.2 million compared to $221.5 million in the first quarter of 2004. Net earnings for the quarter were $10.
Brunswick Q1 Earnings Nearly Double On 17% Sales Increase
Brunswick Corporation reported net earnings of $94.6 million, or 96 cents per diluted share, for the first quarter of 2005, up 97.1% from net earnings of $48.0 million, or 50 cents per diluted share, for the year-ago quarter. Results for the first quarter
Greg Norman Collection Posts 20% Sales Increase
Greg Norman Collection announced that its net sales increased 20% in its first quarter ended March 31, 2005. This represents the ninth consecutive quarter of double-digit sales growth for the company. The company also reported improved operating profits f
Nike Sues adidas in U.S. Court over Stripe Fight…
Nike, Inc., fresh off a ten year battle in Spain that gave them rights to their brand name there, has decided to challenge their top global competition’s recent victories over any company using stripes as decoration on apparel. It will be the Swoosh ver
Schutt Sports Gets Capital Infusion for Growth…
Schutt Sports got a shot in the arm last week as private equity firm Gridiron Capital LLC took a majority stake in the team sports company. There are no changes planned for the company and Julie Nimmons will remain at the helm of Schutt…