Magnum USA, a division of Hi-Tec Sports USA has acquired Falcon Shoe Manufacturing Co. and its historic Lewiston, Maine footwear factory. The move all but secures the future of the factory’s current labor force, and has already resulted in the addition o
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Arc’Teryx Shuffles Management Deck…
Arc'Teryx has promoted several of its principal employees. Long time designer Tom Fayle has been promoted to Director of Product Design. Janice Larsen has been elevated to Director of Product Engineering. Lance Richardson, formerly the Director of Pr
Shimano Misses 2004 Guidance; Still Posts Record Year…
Shimano finished off fiscal 2004 with a very strong fourth quarter, posting a 16.9% increase in sales to ¥46.6 billion ($441.0 million). In spite of the strong improvements over 2003, the company did not quite reach its full year projections of ¥170 billi
B.O.S.S. Has an Eye on: The University of Maine at Farmington SnowSports Program…
In the late 1970’s, shortly after retiring from his position as the head of SIA, Doc DesRoche sat down with Tom Reynolds, who was the University of Maine at Farmington ski coach at the time. Doc DesRoche was concerned about the talent pool in the ski indu
OR Postpones OutdoorPreview Event…
Shortly before BOSS went to press, Outdoor Retailer announced that the “OutdoorPreview” apparel event, which was scheduled before OR Summer Market in Chicago, has been “postponed until further notice.” In an interview in January (See BOSS_0504), Peter Dev
Wal-Mart Comps Up 4.1% for February
Wal-Mart Stores, Inc. reported same store sales of 4.1% for the entire company, for Wal-Mart, and for Sam's Club for the four-week period ending February 25, 2005. Total company sales were up 10.9% to $22,368 million for February…
Stein Mart Feb. Sales Up 7.2%; Comps Increase 6.2%
Stein Mart, Inc. announced total sales increased to $105.3 million, up 7.2% from 2004, and comparable store sales rose 6.2% for the fiscal period ended February 26, 2005…
Feb Comps Increase 6% for Ross; Sales Jump 17%
Ross Stores, Inc. reported sales of $311 million for the four weeks ended February 26, 2005, a 17% increase above the $266 million for the four weeks ended February 28, 2004. Comparable store sales for the month increased 6% over the prior year period…
Costco Posts 7% Increase in Same-Store Results for February on a 9% Raise in Sales
Costco Wholesale Corporation announced its operating results for the second quarter (12 weeks) and first half (24 weeks) of fiscal 2005, both ended February 13, 2005.
Net sales for the second quarter of fiscal 2005 increased 10% to $12.41 billion from $1
Ashworth Drives Revenues Up 33.6%; But Income Can’t Match Year-Ago
Ashworth, Inc. reported that consolidated net revenue for the first quarter ended January 31 increased 33.6% to $36.5 million as compared to $27.3 million for the first quarter of 2004. ASHW reported consolidated Q1 net income of $83,000, or one cent per
The Par Shop Wins Mizuno’s Fitter of the Year Award
Each year, Mizuno recognizes select customer accounts for their outstanding commitment to Mizuno’s custom fitting program. For 2004, Mizuno’s Fitter of the Year is The Par Shop in Menominee, Michigan. Regional winners include: Golfing By Design, Sanford
K2 Sees Net Sales Jump 75% for Q4; Up 67% for Year
K2 Inc. reported net sales for the fourth quarter ended December 31, 2004 of $338.9 million, an increase of 75% from $193.8 million in the prior year, and diluted earnings per share of 18 cents, a 157% increase over the fourth quarter of 2003. Operating i
Cannondale Recalls Bike Seats
Cannondale Bicycle Corp. has announced the recall of roughly 1,480 ‘1-X’ bicycle suspension seat posts that were installed on various 2005 model year Cannondale brand bicycles. The recall involves Lee Chi model 1-X bicycle suspension seat posts. Lee Chi i
Eddie Bauer will Become Independent, Public Company…
Spiegel, the bankrupt parent company to Eddie Bauer, has filed a reorganization plan with the U.S. Bankruptcy Court that would give the company’s unsecured creditors, excluding Spiegel Holdings, Inc. and its affiliates, approximately 90% of their claims t
OIA Redoubles Efforts to Help Protect Recreation Areas…
As the climate for public policy and environmental issues heats up, Outdoor Industry Association (OIA) has fired up its commitment and efforts to protect the pristine lands and waterways that are the lifeblood of the outdoor industry—the outdoors themselv