Mainland Headwear Holdings Limited and New Era Cap Company, Inc. have jointly organized a two-day symposium in Shenzhen, “Benefits of Supply Chain Partnerships,” focused on achieving greater impact and sustainability in supply chain labor compliance throu
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Steve Madden Raises Full Year 2009 Guidance
Steve Madden expects net sales for the first quarter 2009 to be between $106 million and $107 million. This compares to net sales of $100.5 million for the first quarter of 2008. EPS for the first quarter of 2009 is expected to be in the range of 35 cents
Columbia Q1 Net Falls on Sales Decline; Backlog Down 15%
Columbia Sportswear Co. reported sales in the first quarter decreased 9% to $272.0 million from $297.4 million, including a 5% negative effect from changes in foreign currency exchange rates. Net earnings fell 65% to $6.9 million, or 20 cents a share, fro
OIA Announces Friend of the Outdoor Industry Award Recipients
The 2009 Outdoor Industry Association (OIA) Friend of the Outdoor Industry Awards will be presented to Senator Maria Cantwell (D-WA) and Congressman Raul Grijalva (D-AZ) for their leadership in advocating for public policies that support the growth and su
Hat World Paid $6.4 Million for Team Dealer
Hat World acquired the assets of Impact Sports, a dealer of branded athletic and team products for college and high school teams, for a purchase price of $5.1 million plus assumed debt of $1.3 million funded from borrowings under the credit facility, acco
Zoot Appoints Cunningham as National Sales Manager
Zoot Sports, which was recently acquired by K2, appointed Jeff Cunningham as national sales manager. Cunningham's experience includes 7 years as national sales and marketing director for Mammut, along with several years leading key marketing initiati
West 49’s Q4 Comps Slide 0.5%
West 49 Inc. reported sales increased 3.8% in the fourth quarter ended Jan. 31, to Canadian $64.8 million (U.S. $52.1 million), primarily due to the inclusion of an additional week compared to the corresponding periods in fiscal 2008. Normalized net inco
Under Armour Partners with Ripken Baseball
Under Armour has formed a partnership with Cal Ripken, Jr. and Ripken Baseball. Among the terms of the 5-year agreement, the Ripken Baseball complex in Aberdeen, MD. will serve as the official home of Under Armour Baseball and the Aberdeen IronBirds will
Sport Chalet Announces New Board Member
Sport Chalet, Inc. appointed Kevin Ventrudo to its board of directors. The majority of Kevin's career has been spent in the investment banking industry, most recently with SG Cowen Securities Corporation and also with Salomon Smith Barney, Sutro & Co
Report: Skullcandy Sees Sales Surpassing $100M in 2009
According to an article in the Salt Lake Tribune, Skullcandy is on track to surpass over $100 million in sales this year. The article notes that sales for the Utah-based headphones company were only $1.3 million in 2005…
Gander’s Q4 Benefits from Ammo/Gun Sales; Sees Boost from Revived Direct Segment
Gander Mountain Co. reported fourth-quarter revenues increased 5.2% to $334.1 million from $317.6 million a year ago. Net earnings more than doubled to $13 million, or 54 cents a share, from $5.8 million, or 25 cents, a year ago. Retail segment sales for
Top 50 Tennis Centers Recognized
The “Top 50 Tennis Welcome Centers of 2008” were recognized by the Tennis Industry Association, U.S. Tennis Association and the trade magazine Racquet Sports Industry. The tennis facilities honored all exhibited excellent participation figures involving n
Fila USA Partners With AmericanForests.org
Fila USA established a new tree planting collaboration with AmericanForests.org, the nation's oldest non-profit dedicated to funding and overseeing tree planting programs in the U.S. and globally. Fila had been exploring partnerships with tree planti
Forzani Sponsors Canadian Soccer Association
The Canadian Soccer Association and The Forzani Group Ltd. announced a two-year sponsorship agreement with the Canadian Soccer Association's Mini Soccer Festival Program presented by BMO. The partnership incorporates all of The Forzani Group's c
Report: DeLong Sportswear Dissolving
The landscape of the award jacket business may have just changed dramatically. According to a report in a local Iowa paper, DeLong Sportswear Inc. has abruptly closed three locations in the state as part of a move to dissolve the company. The report said
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