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

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

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

Sport Chalet Gets New Store Lift in Fiscal Third Quarter…

Sport Chalet, Inc. reported a 23.2% increase in net income to $3.8 million, or 53 cents per diluted share, for its fiscal third quarter ended December 31, due primarily to a decrease in SG&A expenses as a percentage of sales which more than offset a sligh

LaCrosse Turns a Corner; 2004 Earnings Jump 165%…

LaCrosse Footwear net sales for the fourth quarter of 2004 were up 5% to $28.7 million compared to $27.3 million in 2003. The Work division’s sales were $15.7 million for the fourth quarter, up 8.3% from $14.5 million last year. The Outdoor division’s sal