VF Corporation saw yet another surprisingly positive quarter in spite of what is generally believed to be a weak retail environment. Third quarter revenues increased 15% to $2.07 billion, compared with $1.81 billion last year. Top line growth was primaril
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Nautilus Posts Q3 Sales, Earnings Declines; Looks to Divest Pearl Izumi….
Nautilus reported that net sales for the third quarter decreased 16% to $134.0 million from $159.6 million for the corresponding period last year, down 16%…
Callaway Golf Anticipates Q3 Improvements; Raises Full Year Guidance…
Things are going better than originally anticipated for Callaway Golf, Inc. in the third quarter as the company announced last week that it expects net sales of $236 million for the period, up 22% from $194 million for the same quarter last year…
Wachovia Conference Gives a Peek at Q3 Retail…
The obvious impact of the warmer weather this year against the colder snap during the same time last year, coupled with general concerns about the economy and consumer spending outlook for the Holidays, had analysts scrambling for answers at the most rece
Illinois State Study Finds Metal Bats As Safe As Wood…
Researchers at Illinois State University concluded a study, which they say proves that non-wood bats are just as safe as wood bats. According to the study, wood bats also reduce hitting averages and raise costs, because of frequent breakage. The study i
Nike’s Business in China Should Hit $1 billion Within Year…
Nike CEO Mark Parker told Reuters that he sees revenue growth in China increasing at 50% per year and reaching $1 billion within a year. China is currently at $600 million in annual sales, Nike's fourth largest market…
Iconix to Pay $550,000 in Anti-Trust Fines for Rocawear Deal…
Iconix Brand Group has agreed to pay $550,000 to settle charges that the company failed to produce certain documents before buying Rocawear, according to the U.S. Department of Justice.
Hi-Tec Inks Licensing Deal with Bordan Shoe…
Bordan Shoe Co. has entered into a licensing agreement to sell Hi-Tec Athletic footwear within the U.S. and Canada . Hi-Tec Athletic is being launched for SS08, and features product for running, trail running, walking and cross-training. Target distribu
Umbro Receives Takeover Bid; Nike or Sports Direct Possible
Umbro said it received a buyout offer from an unnamed suitor. The U.K. soccer brand didn't provide any further details, but sources told Reuters that the bid came from Nike Inc. Shares in the Cheshire-based sportswear brand, whose most prized asset
Report: Cleveland Sale in Works…
The sale of Cleveland Golf by Quiksilver, Inc. appears to finally be in the cards, according to golfweek.com. Industry sources say Quiksilver, which acquired Cleveland in 2005 as part of the deal that brought ski hardgoods manufacturer Rossignol into the
H2O Audio Signs Swim Champion as Advisor
H2O Audio, the maker of waterproof and ruggedized sports accessories, has signed Olympic Swimming multi-medalist (and World Champion) Natalie Coughlin as its new swim gear design and development advisor. Coughlin comes on board as H2O Audio introduces its
GSI Commerce and NFL Extend E-Commerce Partnership
GSI Commerce Inc. and the National Football League (NFL) signed a multi-year extension to their e-commerce agreement. The e-commerce provider didn't provide the length of the agreement…
Steven Madden Explores Sale
Steven Madden Ltd. said it had hired an investment bank to help it weigh strategic options and a possible sale of the company after receiving takeover overtures from unnamed parties. Besides the takeover approaches, Steven Madden also said some investors
MLB to Donate Post-Season Apparel
Major League Baseball announced it is expanding its longstanding relationship with international relief organization World Vision by donating unsalable 2007 postseason MLB-licensed apparel to children and families in developing countries around the world.
Sugoi Named Canadian Speciality Apparel Vendor of the Year
The Canadian Association of Specialty Running Stores (CASRS) Sugoi was named Canada's Specialty Apparel Vendor of the Year by the Canadian Association of Specialty Running Stores…
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