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

Garmin 2004 Income Climbs 15% with 33% Sales Gain…

Garmin reported revenue for the fiscal year was $762.5 million, an increase of 33.1% over $573.0 million generated last year. This beats guidance given for revenue to be in the range of $742-$746 million. The Consumer segment reported revenue for the fisc

Lafuma Sees Strength Across Board…

Lafuma is becoming more and more dependent on international sales. The French company posted a 9.8% increase in sales to €37.0 million ($48.0 mm) for the first quarter of fiscal 2005 and international sales accounted for 40.0%, or €14.8 million ($19.2 mm)

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

Recall: Shimano Brake Cables…

In cooperation with the CPSC, Shimano is recalling its ‘Road Racing Bicycle Brake Inner Cables’ because the cable can detach during braking, “causing the rider to lose control and fall.” This recall involves aftermarket Shimano 1.6 mm X 1,700 mm brake inn