The SGMA has canceled its contract with Universal Events Management and plans to take over day-to-day management of the SGMA Spring Market tradeshow. Mike May, SGMA director of media relations, said SGMA appreciates the efforts of UEM, especially in launc
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Asics Sees Q1 FX Rates Boost Bottom Line Growth…
Asics Corporation saw a double-digit first quarter sales increase mirrored in net income growth, despite decreased margins and increased expenses as a result of beneficial currency exchange rates. Global net revenues increased 10.0% to ¥56.84 billion ($47
ADA Finds Success With First Member-Owned Show…
After becoming fully member-owned in January, the next task for the Athletic Dealers of America buying group was preparing for the Spring Session, held July 19 through 22 in Louisville, KY. Pete Snyder, president of the ADA, talked with Sports Executive W
Mizuno Q1 Sales Rise 7.5%…
Mizuno Corp. saw first quarter net sales increase 7.5% to ¥46.92 billion ($389.0 mm) from ¥43.64 billion (381.4 mm) in the year-ago quarter…
Aldila Posts Slight Q2 Sales Gain, Exits Hockey Biz…
Aldila posted a slight increase in second quarter net sales as Golf products were relatively flat to last year, but composite prepreg materials were up in the mid-singles. The company announced that it completed production of hockey sticks in the quarter
Escalade Sports Sees Increased Specialty Sales in Q2…
Escalade Sports saw second quarter sales increase 2.8% to $34.1 million from $33.2 million last year due to increased sales to the specialty market, which includes dealers and specialty sports retailers…
Nike Extends Indonesia Shoe Deal…
Nike Inc. agreed to extend shoe production at two Indonesian factories employing 14,000 workers for up to 18 months, after receiving assurances from the local supplier about quality and future severance deals. Nike had previously said it would stop workin
Coleman Parent Q2 Boosted by Acquisitions…
Leading up to Jarden Inc.’s expected acquisition of K2, Inc. later this month, the company reported some strong results in its Outdoor Solutions segment, which includes Coleman and Pure Fishing. Most of Jarden's reported year-over-year Q2 net sales g
Pacific Cycle Gives Dorel a Boost in Q2…
Dorel Industries Inc. recorded a 5.3% increase in second quarter net revenues to $459.0 million from $435.9 million for the same period last year. Net income was $10.8 million or 32 cents per diluted share, down 39.7% from $17.9 million or 55 cents per di
Lacrosse Footwear Sees Outdoor Sales Jump 24% in Q2 …
LaCrosse Footwear reported second quarter sales grew 14% to $24.9 million from $21.8 million. Sales to the outdoor market grew 24% to $11.8 million, reflecting continued penetration into the hunting and rugged outdoor boot markets. Sales to the work mark
Unifi Ousts CEO and Purges Board; Will Close Plant…
Unifi terminated Brian Parke as the chairman, president and chief executive officer of the company, effective immediately. Parke had been president of the company since 1999; CEO since 2000…
Crocs to Get Some New Bite…
Crocs, Inc. has entered into a definitive agreement to acquire the Bite Footwear brand for $1.75 million in cash, plus a potential earn-out of up to $1.75 million based on Bite hitting certain earnings targets over a three-year period. Bite markets and se
ITC Report Gives OIA and SIA Tools in Trade Negotiations
The U.S. International Trade Commission released a report that supports Outdoor Industry Association’s and SnowSports Industries America’s assertion that no commercially viable production of performance outerwear pants and jackets is available in the Unit
FDA Warns Outdoor Retailers of Chili Recall
The U.S. Food and Drug Administration is warning outdoor retailers about Castleberry’s Hot Dog Chili Sauce, Austex Hot Dog Chili Sauce, and Kroger Hot Dog Chili Sauce with “best by” dates from April 30, 2009 through May 22, 2009 due to possible botulism c
Gildan Q3 Earnings Climb on 24.7% Sales Gain…
Gildan Activewear reported Q3 sales jumped 24.7% to $291.6 million from $233.9 million a year ago. The increase was due to $30.5 million of sock sales pursuant to the acquisition of Kentucky Derby Hosiery and an 11.6% increase in unit sales volumes for ac
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