Nautilus Inc. said its board adopted a shareholder rights plan, a provision that would make hostile takeovers difficult. An acquisition of 20 percent or more of its outstanding shares without the board's approval would trigger the rights plan. The s
Category: Footwear
DSW Expects Mid-Singles Q3 Comps Decline; Lowers ’07 Guidance
DSW Inc. expects comparable store sales for the third quarter to decline in the mid-single-digits, based on the quarter-to-date. As a result, annual comparable store sales are now expected to range from flat to down 2% for fiscal 2007, below the company&#
Cybex Posts 9% Q3 Sales Growth, Tax Accounting Boosts Bottom Line
Cybex International, Inc. saw a 9% increase in third quarter net sales to $32.6 million from $29.9 million for the same period last year. The company attributed the sales increase to “strong sales” of cardio products and continued growth in the commercial
Fortune Brands Q3 Earnings Climb on Lower Sales
Fortune Brands third quarter earnings were $1.33 per diluted share, an increase of 36%. Net income comparisons benefited from lower charges from one-time items in the current-year period. Excluding one-time items in both the current and prior-year periods
Gregory Launches New Canadian Sales Program
To bolster its presence in the Canadian market, Gregory Packs has established a formal Canadian sales program and partnered with CDEC in Cowansville, Quebec, a distributor for other outdoor product manufacturers, to distribute its products in Canada…
Amer Sports Q3 Sales Decline on Slow Winter Pre-Season
In the July-September third quarter, Amer Sports' net sales decreased 2% to €462.8 million ($636.1 mm) compared to €471.9 million ($604.2 mm) last year. In local currencies, sales were on par with the previous year. Salomon's sales in local curr
Hi-Tec CEO Takes Over as President of EU Operations
After joining global sports and outdoor brand HI-TEC in 2002, CEO Martin Binnendijk’s prime objectives were to make the company a more consistent, brand focused operation. Now, 5 years on, the company has transformed and both the Hi-Tec and Magnum brand a
Joe’s Sports and Outdoor Revamps Eugene, OR Store
Joe’s Sports & Outdoor has recently completed a series of improvement to its Eugene, Oregon store, which originally opened in 1983. The store saw the addition of a new 5,000 sq. ft. Paddlesport & Boat Center. Repairs, rack installation, ski & snowboard tu
Phoenix Footwear Realigns Management
Phoenix Footwear Group, Inc. said Scott Sporrer, currently the company's controller, has been appointed Interim Chief Financial Officer. as part of several management changes. Key appointments were also made in sourcing, logistics and customer serivi
EMU Australia Names Houston as CEO
EMU Australia Lifestyle Footwear has appointed Edward C. Houston Jr. as the company's new CEO. Houston will be charged with leading EMU's growth in Canada, USA and Central and South America…
RECALL: Line Ski Boards
Line Skis and the CPSC are recalling approximately 1.250 2006 Line X-Fly and Line Pro Ski Boards, because screws installed improperly can cause the bindings to come loose or pull off the ski board during use, causing the skier to lose control or fall and
Rusty Hires Senior Designer for Rusty Juniors
Rusty North America appointed Isis Bravo as Senior Designer for Rusty Juniors. Isis comes to Rusty, based in Irvine, CA, from LRG, where she was Head Juniors Designer for Luxirie. She also has worked for Vans, Ecko, and Miken respectively…
Lance Camisasca Leaves Interbike and Health+Fitness
Interbike's show director, Lance Camisasca, will leave his post and begin work as an industry consultant to Interbike helping the company develop sales & marketing strategies, identifying new market opportunities and acting as Interbike's key li
Callaway Golf Anticipates Q3 Improvements; Raises Full Year Guidance…
Things are going better than originally anticipated for Callaway Golf, Inc. in the third quarter as the company announced last week that it expects net sales of $236 million for the period, up 22% from $194 million for the same quarter last year…
Wachovia Conference Gives a Peek at Q3 Retail…
The obvious impact of the warmer weather this year against the colder snap during the same time last year, coupled with general concerns about the economy and consumer spending outlook for the Holidays, had analysts scrambling for answers at the most rece
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