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

OR Lands New Military Glove Contract…

Outdoor Research inked a $1.6 million contract with the U.S. Marine Corps to produce 80,000 pairs of PS150 Contact Gloves. O.R. stated that in order to accommodate the needs of the U.S. Marines, the company has prioritized the manufacturing of these produ

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 slig

Blizzard Acquired by IQ-Sport..

On the opening day of ISPO, Blizzard announced that IQ-Sport GmbH will acquire 100% of BLIZZARD from the brand’s parent company, Raiffeisenverband Salzburg (RVS). Financial terms of the deal were not disclosed. The acquisition is expected to close on Apr

Sims Inks Deal with World’s Largest Trading Company…

Tom Sims has inked a new licensing agreement with Itochu International, the North American subsidiary of ITOCHU Corporation, one of Japan's leading companies. Itochu now has the exclusive worldwide distribution rights of Sims Snowboards, including al

Federal Budget Proposal Leaves No Room for Recreation…

Two weeks ago in a letter to President Bush, 78 executives from OIA member-companies asked for full funding of the Land and Water Conservation Fund and the Urban Parks and Recreation Restoration Program. Both programs are designed to help states, cities