GSI Commerce Inc. cut its Q1 net loss to $2.3 million, or 5 cents per share, from a loss of $4.4 million, or 10 cents, a year ago. Revenues grew 28% to $146.3 million from $114.2 million, driven by a 19% growth in product sales and 66% growth in service
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Hanesbrands Q1 Profit Tumbles…
Hanesbrands Inc., the parent of Hanes and Champion, reported relatively flat sales for the first quarter, but profit tumbled 84% as the company continued its transition to a standalone business…
K2 Inc. to be Acquired by Jarden in $1.2 Billion Deal…
Earning season started with a bang this year as Jarden Corporation, the parent company to Coleman, announced that it has signed a definitive agreement to acquire K2, Inc. While the initial reaction from many in the industry was, “WHO is acquiring K2?,” Ja
VF Corp. Leverages Outdoor Strength Again in First Quarter; Gets Majestic Boost…
VF Corporation started 2007 with a strong first quarter due to healthy increases in sales in its Outdoor Coalition and its Imagewear Coalition. While the outdoor brands were boosted by a mix of organic growth and acquisitions, Imagewear was boosted almost
The Timberland Co. Acquires IPATH…
The Timberland Company acquired substantially all of the assets of IPATH, LLC through a new wholly-owned subsidiary, IPATH Footwear Inc. IPATH designs, develops and markets skateboard casual footwear, apparel and accessories and is known as the “greenest”
West Marine Narrows Loss
West Marine Inc. narrowed its Q1 loss to $11.2 million, or 52 cents per share, from a loss of $11.9 million, or 56 cents, a year ago. Revenues sunk 5% to $126.1 million from $132.6 million, with same-store sales down 2.1%. Analysts surveyed by Thomson Fin
Coleman Boosts Profits on Lower Sales in First Quarter…
Jarden Corp.’s net sales for the first quarter increased approximately 4% to $821 million compared to $792 million for the same period last year. Organic growth across all of Jarden’s brands was about 2.5%. Net sales in the Outdoor Solutions segment were
Gander Mountain Launches Clean Energy Promotion…
Gander Mountain launched a program offering free $50 and $20 gift cards to anyone purchasing wind power for their homes for one year with Renewable Choice Energy. The promotion follows its decision in early march of this year to purchase renewable energy
Cabela’s Receives $43 Million from WV Development Bonds
Cabela's Inc. is refinancing the remainder of its economic development bonds related to its Wheeling, West Virginia location. As a result, the outdoor retailer received roughly $43 million from the retirement of these bonds…
Haroutunian Named OR and FFR Show Director…
Nielsen Sports Group promoted Kenji Haroutunian to be the new show director for the Outdoor Retailer trade shows. Haroutunian has been a member of the Nielsen Sports Group team since 1999, most recently as a senior account executive for the Outdoor Retail
Exel Sports Restructures North American Operations…
Exel Plc has appointed Chris Griffin, formerly VP of sales of Exel Sports NA, as president of Exel Sports N.A. He replaces Melissa Cook, the former general manager of North America who left in February…
HealthSport Raises $3 Million in Private Placement
HealthSport, Inc., the developer of the edible Enlyten SportStrips nutritional supplements system, raised approximately $3 million through a private placement of its shares of common stock. Investors in the financing include former NFL stars Bruce Smith,
Salomon, Atomic and Suunto Go Green in Utah
Amer Winter & Outdoor Americas announced plans to move to Ogden, Utah into the historic American Can factory, and has expressed interest in becoming the site's anchor tenant. Working with developers, the City of Ogden and Amer Sports — which has agre
Reebok Sponsors the 2007 Avon Walk
Reebok will be the official footwear and apparel sponsor of the 2007 Avon Walk for Breast Cancer Series for the second consecutive year. A symbolic Pink Ribbon footwear collection will be sold at retailers across the country…
Shertz Leaves MacGregor Golf
Dana Shertz has left MacGregor Golf to become Chief Operating Officer and Managing Partner at EnDev Enterprises LLC, a San Diego-based entertainment and real estate development group. Shertz was most recently COO and President of MacGregor Golf…
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal