Globe International, like the other Australian businesses with a bulk of sales in the U.S. saw currency exchange rates eat into what would have been strong results for the fiscal first half. The company saw H1 net sales grow 2.8% to $63.6 million, but wou
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Speedo Sales Dip 12% in 2007…
Speedo revenues for 2007 fell 12%, or about $30 million, primarily due to a reduction in shipments to clubs. On a positive note, Warnaco, its parent, noted that Speedo's shipments to its team dealer network and sporting goods stores were up 3%, and S
Rocky Brands Hurt by Drop in Hunting Boot Sales…
Rocky Brands Inc.'s Q4 sales increased 2.8% to $72.5 million from $70.6 million as gains at retail offset declines in its outdoor and western footwear divisions. Hunting footwear sales slid 38.2% to $6.8 million from $11.0 million primarily due to a
Head N.V. Sees Winter Sports Again Drag Down Overall Fourth Quarter Results…
Head N.V. ended a tough fiscal year with a tough fourth quarter as sales for both time periods decreased in the low-teens. The company said it was hampered by a sharp downturn in Winter Sports sales caused by the terrible 06/07 winter season that left ret
OBIT: Dennis Charles “O’D” O’Donnell
Dennis Charles O’Donnell passed away due to respiratory failure from ALS, more commonly known as Lou Gehrig’s disease, on February 16, 2008, leaving behind family, friends and business associates, all who knew him as “O’D”…
OIA Launches Political Action Committee…
In a move designed to increase its clout in Washington, Outdoor Industry Association has launched its first political action committee. The PAC will allow the industry to move from giving away plaques and hosting honorary banquets to contributing cold har
Pyranha Now Sitting on Top with Kayak Acquisition…
Two months after closing a deal to distribute a line of sit-on-top kayaks from Thailand, Pyranha USA has lined up 20 dealers. The company expects the addition of Feel Free recreational kayaks to double its unit sales in 2008 and to triple dollar sales wit
Major Owners of Tamarack Resort File Bankruptcy…
Two of the largest owners of Idaho’s high-profile Tamarack Resort filed Chapter 11 bankruptcy Feb. 15 after French bank Societe Generale canceled a $118 million construction loan for a major real estate project on the property. Societe Generale canceled t
Columbia Shifts Montrail Sales and Service to Mountain Hardwear…
Effective May 1, 2008, Columbia Sportswear Company will shift all sales, marketing and service functions for its shrinking Montrail brand to its Mountain Hardwear unit…
China’s PPI Up 6.1% in January
The Chinese government reported that the Producers’ Price Index (PPI) for manufactured goods rose by 6.1% in January over the same month last year. Purchasing prices for raw material, fuels and power rose by 8.9%, according to the National Bureau of Stati
Columbia Realigns Montrail Under Mountain Hardwear
Columbia Sportswear Company announced that effective May 1, 2008, all sales, marketing and service functions for Montrail Inc. will be realigned under the management team of Mountain Hardwear Inc. Montrail product sourcing functions will remain under Colu
Former Rockport President Joins Nine West
Nine West Group, a division of Jones Apparel Group, Inc., appointed Richard Paterno, as president, Wholesale Better Footwear Brands, effective March 31. In this newly created role, Paterno will oversee sales management and business strategy for Nine West&
Julbo Hires Alta Group as Northwest Agency
Julbo, Inc., based in Williston, VT, named Alta Group, Inc. as the company’s sales representative agency for the Northwest. Composed of Dave Haavik, his business partner Dave Allan, and Matt Lewis, the Alta Group covers the states of Washington, Oregon, M
Mizuno Introduces
Mizuno has introduced a new community-driven, experiential marketing campaign, called “Run With Us”. This new grassroots campaign will make its debut on March 30th in Atlanta, GA at the ING Georgia Marathon, of which Mizuno is the official footwear and ap
Fila Partners with Hip Hop Label
Fila has partnered with Polo Grounds Music, an independent hip hop label, to promote emerging musical talent as well as new fashion lifestyle apparel and footwear. Fila and Polo Grounds Music's marketing program integrates print, broadcast and online
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