Le Coq Sportif, the French sport brand acquired by the Swiss investment fund Airesis in 2006, has re-acquired U.S. distribution from Itochu International. Tim McCool, a former adidas and Nike executive, has joined the Le Coq Sportif team to lead the North
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Gildan Claims Market Share Gains in Fiscal Q2…
Gildan Activewear Inc. reported a 26.3% jump in second quarter net sales to $232.1 million from $183.8 million in the second quarter of last year, but restructuring charges caused net income to fall. The increase in sales revenues was due to $32.8 million
Aldila Sees Flat Q1 Sales on Tough Comparisons…
Aldila, Inc. had a tough start to the year as flat revenues and diminished margins led to a decrease in net income compared to the year-ago quarter. Compounding those worries was a 22.8% decrease in backlog at the end of the quarter to $9.5 million from
Iconix Acquisitions More Than Double Q1 Licensing Revenue…
Iconix Brand Group, Inc. saw Q1 licensing revenues more than double to $30.8 million from $13.3 million. EBITDA for the quarter increased to $23.3 million from $8.4 million; net income increased to $12.7 million, or 21 cents a share, from $7.4 million, or
Brooks Sues Nike, Inc. Over Tailwind Product…
Brooks Sports reported last Friday that it had filed a lawsuit against Nike, Inc., Exeter Brands Group, LLC and Payless ShoeSource, Inc., citing significant trademark infringement and unfair competition relative to the Tailwind athletic footwear line. Br
Sprinturf Has Patent Rejected…
FieldTurf won a victory in the battle over the field of play last week as the U.S. Patent Office rejected the major claims of Sprinturf’s patent for an all-rubber in-filled product consisting of a woven/non-woven double backing. Based upon knowledge of th
adidas Sues Kmart Over 3-Stripe Trademark…
adidas has sued Kmart for selling apparel copying its three-stripe mark. The suit, filed in the U.S. District of Oregon in Portland, claims Kmart sold sweatpants with three parallel stripes running along the outseam of each leg as well as jackets with par
IMG Acquires CLC…
Collegiate Licensing Company (CLC), has been sold to IMG. Financial details of the transaction were not disclosed, but under the agreement, CLC will operate as a freestanding unit within IMG's Sports and Entertainment Group, overseen by IMG Sports an
Lotto Sees Growth in All Regions Fuel 2006 Sales Gain…
Lotto Sport Italia S.p.A. closed 2006 with revenues of €277 million ($348.0 mm), an 8% increase over 2005. The last year was one of change for the company following investments in the product R&D sector, in sales development and in acquisitions…
NGF: March Golf Rounds Up…
After facing a tough comparison in February that saw rounds played plummet 15.8%, the industry rebounded in March with an 11.3% increase on a same-store basis, according to the National Golf Foundation. Despite the strong results for March, the year-to-da
Akadema Sues HandB over Glove Patent…
Akadema, Inc. has taken Hillerich & Bradsby Co. to court over a patent that the Akadema received in August 2006 and applied for in 2004 for its ‘Funnel’ baseball glove. Akadema feels that H&B’s ‘Flare’ line of gloves, sold under the Louisville Slugger bra
Skechers Wins Round One; Asics Still Sees Merit in Case…
Skechers USA, Inc. reported it won a “major victory” in a trademark lawsuit filed against itself by Asics Corporation and Asics America Corporation. The U.S. District Court for the Central District of California denied Asics' motion for a preliminary
Pacific Cycle Looking for IBD Brand Acquisitions…
Dorel Industries, the parent company to the Pacific Cycle and Schwinn brands, reported that its first quarter Recreational/Leisure division revenues increased 7.6% to $87.9 million compared to last year's $81.7 million…
LaCrosse Has Solid Q1 on Healthy Sales, Margins…
LaCrosse Footwear reported that first quarter sales climbed 11% to $23.7 million from $21.4 million. Sales to the outdoor market grew 7% to $8.3 million, due to continued penetration into the hunting and rugged outdoor boot markets. Net income jumped 54%
Garmin Sees Q1 Sales Slide in Outdoor/Fitness Segment…
Garmin Ltd. recorded Q1 revenues jumped 53% to $492 million as a 110% gain in its Automotive/Mobile segment offset lower sales in its Outdoor/Fitness and Marine segments…
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