Sport-Haley, Inc. saw net sales of fashion apparel increase 5.3% to $4.4 million for the fiscal second quarter ended December 31, compared to $4.2 million for the prior-year period. Net sales of Top-Flite branded apparel were just $26,000 for the quarte
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Outdoor and SnowSports Deals Abound…
It was a busy and a good week for the outdoor and snowsports industries with five acquisitions, including two that could restore the luster of authentic brands hindered in recent years by botched acquisitions. The deals came in several flavors, including
Amer Sports Sees Winter Drag Overall Results…
Amer Sports ended a tough year with a tough fourth quarter as the dismal winter season last year left retailers overstocked on inventory and unprepared to make any re-orders this year. That weakness compounded soft results in the Wilson business, leading
Sports Direct Partners with China’s ITAT…
Sports Direct International PLC, the UK sporting goods conglomerate, announced a strategic relationship with China's ITAT Group to move into the rapidly expanding Chinese retail market before the Beijing Olympics in August. Sports Direct will invest
Luxottica Expects to Exceed €6.10 Billion by 2009…
Luxottica Group S.p.A. sees good times ahead as it begins working together with its former competitor turned accomplice, Oakley, Inc. The consolidated entity expects to exceed €6.10 billion in sales for fiscal year 2009, assuming an average exchange rate
Sport Chalet Posts Fiscal Third Quarter Loss…
Sport Chalet's third-quarter earnings plummeted as it continued adding stores even as plunging home prices, wildfires, late snow and even the writer's strike cut into sales in its core Southern California market…
ASICS Nine-Month YTD Revenue Jumps 16.7%; Names New President…
ASICS reported 16.7% revenue growth for the first nine months of the year to ¥166.01 billion ($1.42 bn) from ¥142.21 billion ($1.23 bn) for the year-ago period. The company saw strong operating income growth of 14.9% to ¥19.15 billion ($163.5 mm), but onl
ASICS Nine-Month YTD Revenue Jumps 16.7%; Names New President…
ASICS reported 16.7% revenue growth for the first nine months of the year to ¥166.01 billion ($1.42 bn) from ¥142.21 billion ($1.23 bn) for the year-ago period. The company saw strong operating income growth of 14.9% to ¥19.15 billion ($163.5 mm), but onl
Red Oak to Cease Operations…
Red Oak Sportswear, the maker of licensed sports apparel in College Station, TX, plans to cut 124 jobs as it winds down operations, according to documents filed with the Texas Workforce Commission. The company, a division of Illinois-based Knights Apparel
Mizuno Sees Net Income Drop on Q3 Sales Gain…
Mizuno Corp. saw net sales increase 9.5% for the first nine-months of the year to ¥130.11 billion ($1.15 bn) from ¥118.81 billion ($1.01 bn) in the year-ago period. Gross margins declined 90 basis points to 41.6% of sales from 42.5% last year. Net income
Timberland Posts a Disappointing Year; Timeline for Turnaround Undefined…
The Timberland Company saw the fourth quarter of 2007 as the culmination of “a very challenging and disappointing year” for the company. Weak retail market conditions were cited as an issue that exacerbated fashion shifts away from the brand…
SHOT Show Celebrates 30th Year…
The four-day Shooting Hunting Outdoor Trade Show, sponsored by the National Shooting Sports Federation opened in Las Vegas, NV on Saturday, February 2nd. The 2008 event celebrates the SHOT Show’s 30th anniversary. Segmented into General Shooting & Hunting
LaCrosse To Ship More Winter Boots to Marines…
LaCrosse Footwear, Inc.'s Danner subsidiary received a $900,000 delivery order as part of the Mountain Cold Weather Boot contract awarded by the United States Marine Corps (USMC) in 2006…
Cabela’s Identifies New Store Openings…
Following its lackluster fourth quarter sales report last week, Cabela's said that despite its plan to cut capital spending by 70%, it still plans to open stores in Scarborough, ME and Rapid City, SD, in 2008. Stores scheduled to open in 2009 include
Recall: Trek Girls Bikes…
Trek Bicycle Corp. is recalling approximately 49,000 girls bicycles, because the bike frames may break while in use. Trek has received 13 reports of frames breaking, including four minor injuries. The recalled product is the Trek MT220 girls bicycles mode
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