Unifi reported net income of $2.5 million or $0.04 per share for the first quarter of the 2010 fiscal year compared to a net loss of $6.3 million or $0.10 per share and a net loss of $676 thousand or $0.01 per share for the June 2009 and September 2008 qu
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
KARHU Extends European Distribution
KARHU, Finland's running brand announced that it is expanding in Europe. On the heels of launching award-winning Fulcrum footwear in N. America in 2009, KARHU will soon be available in the Finnish, German, Austrian and Italian markets in Spring 2010.
Michael Crooke Exits prAna, Co-Founder Beaver Theodosakis Reassumes Control
Michael Crooke and prana parted ways as CEO of prAna Living, LLC. Co-founder Beaver Theodosakis will reassume the position of CEO but expects to announce a search for a new CEO sometime in 2010. Scott Kerslake, the founder of Athleta who was brought in by
Backwoods Relaunches Website
Backwoods, the Austin-based outdoor retailer, launched its newly redesigned website. The upgrade incorporates many of the community-building efforts customers gain at the store…
Hanesbrands Sees 8% Q3 Revenue Decline
Hanesbrands Inc., the parent of Champion, reported third quarter sales of $1.06 billion, down 8% from the year ago period. Earnings soared to $41.1 million, or 43 a share, from $15.9 million, or 17 cents, a year ago. Excluding non-recurring tiems, EPS wa
Winter Trails Celebrates 15 Years in 2010
Winter Trails celebrates its 15th year on January 9, 2010 at locations throughout the U.S. Organizers have made registration easy with an online service, at WinterTrails.org, that allows participants to sign up for their preferred location before arriving
W.L. Gore Partners with Soles4souls
W.L. Gore & Associates announced its partnership with Soles4Souls, the international shoe charity dedicated to providing shoes to people in need, to launch the GORE-TEX brand How Far Can One Pair Go? national shoe drive and footwear promotion. The campai
Danner Upgrades Website
Danner, which is owned by LaCrosse Footwear, said it recently launched a new website (www.danner.com) which provides improved customer service and enhances the consumers experience with the brand…
Under Armour Beats Q3 Estimates; Raises Outlook
Under Armour, Inc. reported revenues increased 16.2% in the third quarter to $269.5 million from $231.9 million a year ago. Net income increased 1.9% to $26.2 million, or 52 cents a share, from $25.7 million, or 51 cents, a year ago. Apparel revenues incr
Iconix Acquires Controlling Stake in Ecko
Iconix Brand Group, Inc. signed a definitive agreement to acquire a controlling interest in the Ecko portfolio of brands, which represents over $1 billion of annual global retail sales. The Ecko portfolio includes Ecko Unlimited, Marc Ecko, the Rhino logo
Sunglass Hut Expands in South Africa and The Philippines
Luxottica Group S.p.A. announced a further expansion in the Asia-Pacific region of Sunglass Hut. Sunglass Hut will enter into The Philippines and expand its existing presence in the Republic of South Africa through two separate agreements…
Golfsmith Q3 Earnings Decline as Revenues Fall 8.5%
Golfsmith International Holdings, Inc. reported revenues slid 8.5% in the third quarter to $90.6 million from $101.7 million a year ago. The decline reflects an 8.5% decrease in comparable store sales and a 27.0% decrease in revenues from the direct-to-c
Dorel Hires International Manager for Cycling Group
Cycling Sports Group (CSG), the Recreational/Leisure Segment of Dorel Industries Inc., announced the promotion of Jeff Weiss in the newly created role of vice president of international business development…
GoLite Announces Active-ist Contest Winners
GoLite launched a contest in September to find four everyday outdoor athletes to be featured on its interactive new website and in the company’s marketing communications…
Columbia Becomes Title Sponsor of Muddy Buddy Ride and Run Series
Columbia Sportswear will become the title sponsor of the popular Muddy Buddy Ride & Run Series. The agreement includes naming rights of the 18-event Columbia Muddy Buddy Series, as well as the Columbia Mini Muddy Buddy and designates Columbia as the exclu