Quiksilver, Inc. has entered into an agreement with Rhone to exchange $75 million of the outstanding principal amount of Quiksilver's senior secured term loans for an aggregate of approximately 16.7 million shares of its common stock at an exchange p
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Lafuma’s Sales Slide in First Half
Groupe Lafuma reported revenues in the first half ended March 31 were down 6.5% in the first half or down 4.1% at constant exchange rates. Losses were trimmed to €0.8 million ($960,000) this year, compared to net losses of over €3.2 million ($
Yue Yuen’s First Half Profit Dips 3.2%
Yue Yuen Industrial (Holdings) Ltd. said its first-half net profit fell 3.2% from a year earlier, due to higher tax expenses and despite an increase in sales. The Hong Kong-listed company said its net profit for the six months ended March 31 fell to US$21
Callaway Golf Sees Flat to Slight Rise in Q2 Earnings
Callaway Golf Company said it expects second quarter earnings to rise to a range of 10 cents to 15 cents share versus 10 cents a year ago. Sales are expected to reach in the range of $295 – $305 million versus $302 million a year ago…
Cherokee to License Sideout Brand to Pan Oceanic Eyewear
Cherokee Inc. has reached a licensing agreement with Pan Oceanic Eyewear in the U.S. to make sunglasses, swim and snow goggles through its Sideout brand…
True Temper Expanding to Increase Capacity
True Temper Sports is preparing to invest about $10 million, its largest capital investment in the last five years, to expand manufacturing capacity of its worldwide operations…
OBIT: Chad Jacobs
Chad Jacobs, one of the founders of ICR Communications, the investor relations company, has passed away at the age of 45 after a long battle with cancer…
Brooks Launches Run Happy Cavalcade of Curiosities
Brooks Sports, Inc. announced the imminent arrival of the Run Happy Cavalcade of Curiosities, a running-inspired carnival experience that will tour the country hitting running shops, events, and Rock 'n' Roll expos over the next several years…
LUNA Sport Sponsors Local Influencers
LUNA Sport, makers of cycling apparel for women, has created a program that provides local influencers with LUNA Sport product…
SUGOI to Sponsor Ride to Conquer Cancer
SUGOI Performance Apparel, a division of Dorel Industries Inc. has been named the Official Cycling Apparel Sponsor for Ride to Conquer Cancer – Canada's premier cycling event…
Bushnell and Leupold and Stevens Settle Lawsuits
Bushnell Inc. has settled its lawsuits with Leupold & Stevens relating to the Leupold True Ballistic Range (TBR) technology, and the Bushnell Angle Range Compensation (ARC) technology…
Lululemon’s Profits Grow Three-Fold in Q1
Lululemon Athletica Inc. reported revenue for the quarter increased 69.3% to $138.3 million from $81.7 million in the first quarter of fiscal 2009. Net revenue from corporate-owned stores was $115.6 million for the quarter, an increase of 58.5% from $72.9
Yue Yuen’s May Revenues Climb 20%
Yue Yuen Industrial Ltd.'s operating revenue in May rose 20% from a year earlier to US$523.42 million…
Rawlings Sues Under Armour for Infringement
Rawlings Sporting Goods Co. unit sued rival Under Armour Inc. for trademark infringement…
Nike Inc. and USA Basketball Plan World Basketball Festival
This summer, NIKE, Inc. and USA Basketball are launching the inaugural World Basketball Festival, a four-day celebration of the performance and culture of the game, an event that Nike has committed to reprising every two years…
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