Billabong International Limited ended its fiscal year with double-digit growth up and down the P&L as sales grew in the mid-20s on strong performances in all regions that led to a mid-teens bottom line gain…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Billabong Sees Double-Digit Growth in All Regions
Billabong International Limited ended its fiscal year with double-digit growth up and down the P&L as sales grew in the mid-20s on strong performances in all regions that led to a mid-teens bottom line gain…
Nike Gives Boost to Perry Ellis Swimwear Biz…
Perry Ellis International racked up healthy sales gains in both golf and swimwear for Q207. Swimwear revenues grew 50%, mainly driven by Nike Swim but also due to a “significant contribution” from Jantzen, JAG, Perry Ellis and Original Penguin brands…
American Apparel Posts 35% Q2 Sales Jump…
American Apparel, which is in the process of being acquired by publicly-held Endeavor Acquisition Corp, reported second quarter 2007 revenues jumped 35% to $95.6 million from $71 million..
Aldila Launches Dutch Auction…
Aldila, Inc. intends to commence a “Dutch auction” tender offer to acquire shares of its common stock. The golf company intends to spend up to $7.5 million to repurchase up to 496,688 shares of common stock, or up to 9% of the outstanding shares at a pric
adidas Wins Out in German National Team Fight…
It appears the battle that started with Nike’s offer to sponsor the German national football (soccer) team in early December 2006 has come to a close with adidas still the team’s kit supplier. Reports out of Germany have the German Football Association (D
Canadian Swimwear Maker Files for Bankruptcy…
Maillot Baltex Inc., Canada's biggest swimsuit maker, last week filed for bankruptcy and is exploring bids for a possible sale. Brands manufactured by the company include Baltex, Body I.D. Swimsuits, Maïa Canada, Be Creative and Silhouette Solution..
Zumiez Ups Guidance on Strong Q2…
Zumiez, Inc. continues its impressive roll through the year, this time notching a mid-40s net sales growth on low-teens comps. All the while, the company grew margins and lowered expenses to see the bottom line come in just shy of double the year-ago resu
Shimano Sees Balanced First Half Growth…
Shimano saw net sales increase 24.0% to ¥99.79 billion ($831.2 mm) for the first half ended June 30 from ¥80.49 billion ($696.2 mm) during the year-ago period. Sales increased in each of its three divisions as well as in each region across the globe…
Kästle Re-Launches With New Owners…
Last year, Austrian entrepreneurs and former ski racers Siegfried Rumpfhuber, Alexander Lotschak and Oliver Binder acquired worldwide trademark rights for Kästle from the Benetton Group, which abandoned the brand in 1999 to develop its line of Nordica ski
Acquisitions Boost Pacific Brand’s Fiscal 2007 Sales
Pacific Brands Limited saw fiscal year net sales increase 12.1% to A$1.82 billion ($1.43 bn) from A$1.62 billion ($1.22 bn) last year. Net profit increased 4.7% to A$106.0 million ($83.3 mm) from A$101.2 million ($75.7 mm) last year…
OR Summer Market: Footwear Blends Outdoor and Action Sports…
The recent Outdoor Retailer Summer Market was bigger than ever, and generated a positive buzz among most attendees. Although there was no single product or trend that was hailed as “the next big thing,” there were a few overarching themes that trickled—an
The New Green Consumer…
With sustainable manufacturing and materials coming to the forefront of the outdoor industry over the past few show seasons, it is becoming more apparent that “green” design is much more than a passing fad. While many trends in outdoor and snowsports are
Nordstrom’s Comps Surge 9.4%
Nordstrom Inc. reported July same-store sales rose 9.4%. Total sales for the four weeks ended Aug. 4 rose 6.9% to $900.5 million from $842.6 million…
Costco July Comps Up 7%
Costco Wholesale reported net sales of $5.02 billion for the month of July, the four weeks ended August 5, 2007, an increase of 11% from $4.53 billion in the same four-week period last year. Comparable sales rose 7%…