Orange 21, the parent company to Spy Optics and E-Eyewear, capitalized on the snow in the west and strong at-once orders of its goggle and apparel lines to post a 22.3% increase in sales for the 2004 fiscal year to $33.5 million compared to $27.4 million
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Norton Takes a (Snowmobile) Stand in Yellowstone…
Interior Secretary Gale Norton made her stance on air, noise, and water pollution in National Parks known to all. Last week, Secretary Norton went on a three-day snowmobile tour through Yellowstone, holding a press conference and photo opportunity where
Jarden: Coleman Integration Better than Expected…
In September, Jarden Corporation acquired American Household, parent company to Coleman (See BOSS_0438). The deal closed on January 24 and Jarden recently held an investor conference call outlining fiscal 2004 performance and gave some insight on the inte
Mammoth Mountain to Explore ‘Strategic Alternatives’…
Mammoth Mountain Ski Area has engaged Houlihan Lokey Howard & Zukin as their exclusive financial advisor to explore “strategic alternatives” to enhance the value of the company's shares, including the possible sale of shares. The action was requested
CPSC and GSI Recall 4,300 Electric Scooters…
The CPSC, in cooperation with GSI Commerce, announced voluntary recalls of the about 4,300 of the FS-101 and FS-102 Spartan Sports electric scooters. Consumers should stop using recalled products immediately unless otherwise instructed. The scooters were
Orange 21 Income Jumps 60%, Sales Up 22%
Orange 21 announced selected un-audited financial results for the year ended December 31, 2004. The company expects to report net sales for 2004 of approximately $33.5 million, representing a 22% increase over the Company's net sales of $27.4 million
Brunswick CEO Affirmed 2005 Earnings
Brunswick Corp. Chairman and CEO George W. Buckley summarized the company's strategy and reconfirmed its earnings estimates for 2005 while speaking with analysts and investors at a company-sponsored event in Miami. Buckley stated that Brunswick will
Simon King the New President of TrekSta USA
TrekSta USA will expand its marketing and sales efforts in the US and has brought in new senior level management to guide the brand’s full-fledged consumer launch. Simon King has been named to the position of president of TrekSta USA. King said following
GSI Commerce Increases Net Revenues 43%; Net Income 285% for Q4
GSI Commerce Inc. increased its net revenues 43% to $135.8 million and reported net income of $10.6 million, or 25 cents per share, compared to net revenues of $95.2 million and net income of $2.7 million, or 7 cents per share for 2003's fourth fisca
Study Shows Nike Adds Nearly $2 Billion To Oregon Economy
Nike, Inc., in conjunction with Oregon Statehood Day, released the results of a commissioned economic impact study of the company’s operations within the state of Oregon. According to the study, conducted by ECONorthwest, a Portland-based consulting firm,
Puma Sees Apparel and the Americas Drive Gains…
Puma AG reported that consolidated net sales for the 2004 fourth quarter increased 23.8% on a currency-adjusted basis, or up 19.9% in Euro terms to €273 million ($354.1 mm). Footwear sales increased 29.1% on a currency-neutral basis to €175.9 million ($22
Former Execs Plead Guilty in China Kickback Scheme…
Scott Brabson, a former Vans executive, and Jay Rosendahl, a former Columbia Sportswear executive who was consulting for Vans, pleaded guilty last week to four federal charges, admitting they obtained $4.7 million in bribes and kickbacks from Chinese fact
Reebok Launches Biggest Ad Campaign in Ten Years, But Where Have We Heard This Before…
Reebok International looked to excite the market with the ad campaign that is expected to further energize the company’s Rbk brand and strengthen its position with the coveted 12 to 24 year-old consumer base that is responsible for the vast majority of sn
Sara Lee Spinning Off U.S. Branded Apparel Unit…
Wall Street appears to be reacting favorably to the announcement Thursday that Sara Lee Corporation will spin off its branded apparel division and other units. Combined, businesses represent about 40% ($8.2 billion) of the company’s revenues, and focus on
adidas-Salomon Still Looks for Europe Gains in 2005, Nice Boost in 2006…
Herbert Hainer, chairman and CEO of adidas-Salomon, said in an interview with Reuters last week that he expects sales in Europe to increase in single-digits for 2005 despite a dip in order backlog reported at the end of third quarter. Brand adidas generat