Author: Teresa Hartford

Globe International revenues improved 20% over the year-ago period to A$108.5 million ($79.6 mm) for the first half. Australian and New Zealand revenues rose 12.4% to A$61.7 million ($45.3 mm); and European revenues rose 60.9% to A$10.3 million ($7.6 mm).

Pacific Brands group, the Australian licensee of Dunlop, Everlast, and Hush Puppies, reported first half net profit was A$54.1 million ($39.7 mm), rising 35.6% over last year. This jump has resulted in EPS of A10.8 cents (7.9 cents)…

Cressi-sub S.p.A., of Genoa, Italy has recalled approximately 1,000 Cressi-sub Buoyancy Compensators because a slow leak from the shoulder exhaust caused by expansion of the internal cable housing could result in slow deflation. This could impact the dive

Head USA has recalled about 181 SCUBA diving computers. The recall includes the ‘Dacor Darwin Air dive’ computer with serial numbers 3265 through 3415, and the ‘Dacor Darwin Console dive’ computer with serial numbers 8503 through 8592. The computers were

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

The Accell Group is continuing to show strong growth in the European bicycle and fitness market with sales increasing 17.8% to €341.1 million ($424.3 mm) compared to €289.6 million ($327.9 mm) in 2003. Organic sales grew 7% for the year while income jumpe

The combination of warm winter weather in B.C. and Alberta during critical parts of the selling season, the NHL lockout, and heavy price competition in Ontario caused Forzani to fire off a warning flare to investors. The company reported un-audited sales

Following efforts by its unsecured creditors to block Huffy’s retention of KPMG, LLP as its independent auditor (see BOSS 0504 & 0506), Huffy has retained Marcum & Kliegman LLP. This new firm has been approved by the bankruptcy court and the Audit Committ

Deckers trounced every Wall Street forecast for the fourth quarter, due in most part to greater-than-expected deliveries in December, a very strong showing from its UGG brand, higher direct Internet sales, and less close-out business. The company posted