Thule is moving ahead with its plans to double the size of the company by the end of 2007, and is actually well on its way to accomplishing this goal by the end of the current financial year, one year ahead of schedule. This would make Thule an $825 milli
Category: Apparel
prAna Adds to Liz Claiborne Top and Bottom Line
Liz Claiborne reported better than expected earnings for the second quarter of 2006, with its newly acquired businesses, prAna and Mac & Jac – a high-end fashion apparel company, contributing $17 million in sales with $7 million in expenses for the quarte
Phoenix Predicts Profitable Q2 on 20% Organic Growth
Phoenix Footwear Group is predicting that 2006 second quarter net sales will be over $34 million, more than double the $15.4 million recorded in the second quarter of 2005. The expected increase is from both organic growth and newly acquired business unit
Rocky Sees 12.5% Q2 Sales Decline on Military Sales
Rocky Brands, Inc.’s second quarter net sales decreased 12.5% to $57.3 million compared to $65.5 million for the corresponding period a year ago. The majority of the decline was due to approximately $5.8 million of footwear sales to the military compared
Black Diamond Adds Three to Team
Black Diamond Equipment Ltd. hired Adam Chamberlain as Marketing Brand Manager, Nathan Kuder as Softgoods Category Manager and Steve Kropf as the Rockies region Sales Representative for its Ski and Mountain lines…
Fitness a Boost, BandB a Drag for Brunswick Q2…
Brunswick Corporation saw net sales for the second quarter increase 1% to $1.54 billion, up from $1.53 billion a year earlier. However, excluding incremental sales from acquired businesses, organic sales decreased 5% for the period. Net earnings from cont
Volcom Sees Sales and Earning Jump in Q2
Volcom, Inc. posted a total revenue increase of 28.0% to $46.1 million for the second quarter, up from $35.9 million in the same period last year. Gross profit as a percentage of total revenues for the second quarter was 49.8%, compared with 52.1% in the
Lotto Focuses on Tennis Sponsorships
Lotto signed a sponsorship agreement with Spanish tennis player Juan Carlos Ferrero at the Italian sportswear company’s headquarters. As a further confirmation of the Italian sports brand’s commitment in international professional tennis, Lotto will be th
Smith Partners with Transitions
This season, Smith is extending their Photochromic line into their prescription program though a partnership with Transitions Optical, Inc. which will allow Smith Optics to now offer clear-to-dark photochromic prescription lenses…
Thule Increases Top and Bottom Line in First Half
Thule AB reported that first half sales were up 29.3% to SEK 1,966 million ($259.4 mm) compared to SEK 1,520 million in 2005 ($213.9 mm). This is an increase of 13.4% once adjusted for currency and acquisition effects. Operating profit (EBITA) before one-
Outdoor Coalition Again Drives VF Corp. Gains…
VF Corporation reported their 11th consecutive quarter of record sales and earnings results. Revenues rose 8% in the second quarter to $1.57 billion, compared with $1.45 billion in 2005. This increase was fueled by organic growth across VF’s different co
Collective International Picks Up Sims License…
Collective International, LLC secured the exclusive, world-wide rights to Sims Snowboards from Tom and Hilary Sims. The agreement names Collective as the exclusive licensing agent through 2026 and also provides Collective the option to purchase the tradem
Sara Lee Financially Structures Apparel Spin-Off…
Sara Lee Corporation has approved the capital structure for the planned tax-free spin-off of its apparel business into a separate, publicly traded company called Hanesbrands Inc., which includes brands like Duofold, Champion, Beefy Tee, and Hanes. Hanesbr
Rebel Sports Sees World Cup Upside in FY2006…
Rebel Sport Limited’s group sales revenue for the twelve months ended July 1, 2006 increased 17.1% to A$371.2 million ($278.4 mm) when compared to the twelve months ended July 2, 2005, including sales revenue from the Glue lifestyle stores. Sales on a sam
Nocona Athletic Goods Co. to Rebuild after Fire Destroys Texas Facility…
Nocona Athletic Goods Company has announced plans to rent 20,000 square feet from the former Nocona Boot Factory starting Monday after a fire blazed through the Nocona Athletic Goods building last Tuesday, completely destroying the plant where hand-made N
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