adidas-Salomon posted what most see as a pretty positive year as sales grew 3.4% in Euro terms to €6.48 billion in 2004 compared to €6.27 billion in 2003 and net income increased 20.8% to €314.0 million from €260.0 million in the prior year. Currency-neu
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Pacific Cycle Pulls Dorel to Record Year…
Dorel was again able to leverage the acquisition of Pacific Cycle to boost both sales and earnings in the fourth quarter of 2004. Total company sales increased 42% during the quarter to $457.4 million, compared to $322.1 million last year. Pacific account
Kellwood Reports Strong Growth…
Kellwood fourth quarter sales increased 13.7% to $592.3 million, versus $521.2 million last year due to a combination of organic growth of 10%, and the acquisition of Phat Fashions and Phat Farm, which provided $18 million of revenue in the fourth quarter
Prime Rate Investors to Acquire Skiershop Mountain Sports…
Prime Rate Investors, an affiliate of RSN and the owners of Stowe TV-10, has signed a letter of intent to acquire Skiershop Mountain Sports, a Stowe, Vermont based Bicycle, Outdoor, and SnowSports retailer…
Orange 21 Sees Some Legal Action…
Orange 21 has received a cease-and-desist letter from Oakley with respect to patent and trademark issues involving three of its product styles. These three product styles accounted, in the aggregate, for less than 4% of Orange 21's sales for the 2004
Vail Resorts Looks Healthy in Fiscal Q2…
Vail Resorts is leveraging more skier visits and higher lift-ticket prices combined with drastic cuts to expenses to post a solid turnaround during the second fiscal quarter of the 2004-2005 winter season. Across all resorts, there was a 1.7% increase in
Thule Shows Solid Q4…
Thule finished off a strong fourth quarter, the first under new owner, Candover Partners (see BOSS_0444). Sales for the quarter increased 44% to SEK 615 million ($88.5 million) compared to SEK 427 million ($56.4 million) last year. Profitability improved
Rocky Consolidating After Acquisition…
Rocky Shoes & Boots plans to consolidate operations following the recent acquisition of EJ Footwear, including the relocation of the Lehigh division headquarters in Vestal, N.Y. The company plans to relocate key management to Rocky's headquarters in
Twin Tips Drive Specialty; Snowboard shows Continued Softness…
According to the SIA Retail Audit, sales for the entire winter sports market were up 2.8% in dollars to $1.76 billion for the August 2004 through January 2005 period, compared to $1.71 billion reported for the same period last year. Unit sales were down 7
Altama Deal Weighs Down Phoenix…
Phoenix Footwear’s acquisition of Altama is not paying-off like the company expected when the deal closed in July of last year. Many of the military contracts held by Altama at the time of the acquisition have suffered from delayed procurements and the di
Outdoor Retail Looks to Web for Solid 2004…
The retail environment seems to be quite healthy for many of the major outdoor specialty chains, although the competitive environment is heating up at the same time. Brick and mortar retailers who are successfully integrating the Internet and catalogs in
Gander Mountain Looks to Marine for Help…
Gander Mountain’s Q4 was hurt by the abnormally warm weather experienced by much of the country, some unforeseen cannibalization, and an inability to forecast accurate growth rates among its rapidly growing base of large-format retail stores. These three
Dick’s Sees Income Increase 12.1% To $39.9 Million…
Dick’s Sporting Goods reported that net income for the fourth quarter ended January 29 increased 12.1% to $39.9 million, or 75 cents per share, compared to pro forma net income of $35.6 million, or 69 cents per diluted share, for the year-ago period. Pro
TSA Develops New Strategies for Snow Sports and Outdoor…
The Sports Authority reported that net income for the fourth quarter ended January 29 was $25.6 million, or 97 cents per diluted share, compared with net income of $28.3 million, or $1.08 per diluted share, in the prior year's fourth quarter, when ex
Urban Outfitters Q4 Earnings Jump 72% to $31.7 Million
Urban Outfitters, Inc. announced record earnings of $31.7 million for the fourth quarter ended January 31, 2005, a 72% increase over the comparable quarter last year. Fourth quarter diluted earnings per share rose to 38 cents this year versus 22 cents in
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