While the paddlesports industry saw a series of acquisitions last month, the deal environment became more active than it has been for nearly a year this week, with four acquisitions – three of which have a direct impact on the Bicycle, Outdoor, and SnowSp
Category: Footwear
K2 Inc. Keeps the Deal Machine Rolling as Integration Bears More Fruit…
K2 is beginning to see its model come together with some strong synergies on the winter hardgoods and apparel side that are having a very positive impact on the bottom line. After several quarters of integration, a new apparel distribution facility, and a
Unifi Q1 Loss Widens; Acquires Dillon Yarn Division…
Unifi’s fiscal first quarter net sales from continuing operations slipped 7.2% to $169.9 million compared to $183.1 million for the prior year’s September quarter. The textile company’s net loss from continuing operations for the quarter was $11.0 million
Timberland Third Quarter Sales and Earnings Decline
The Timberland Company third-quarter net income was $51.9 million and diluted earnings per share was 82 cents, compared with third-quarter 2005 net income of $69.2 million and diluted EPS of $1.02. Third-quarter revenues were down slightly as gains in new
Fortune Brands Q3 Top Line Growth Boosted by Titleist
Fortune Brands, Inc. reported net sales increased 23% and diluted earnings per share from continuing operations increased 88% to 98 cents per diluted share, from 52 cents in the year-ago quarter. On a comparable basis – assuming the company had owned acq
Langford Names VP of Sales at Nordica
Kirk Langford has been named Vice President of Sales for Nordica USA. Langford has extensive ski industry experience, most recently as the Executive Vice President of Marker USA. During his 19 year tenure at Marker, Langford was instrumental in contributi
Unifi Fiscal Q1 Sales and Income Fall
Unifi, Inc.'s net income for the current quarter, including discontinued operations, was a net loss of $11.1 million or 21 cents per share compared a net loss of $3.1 million or 6 cents per share for the prior September quarter, which included $1.9 m
Genesco Names Dennis as President and COO
Robert J. Dennis, current COO of Genesco Inc., has added president of the company to his title. In addition, Dennis was elected a director of Genesco. Dennis was named executive vice president and chief operating officer of Genesco in October 2005. He had
Gramicci Expands Sales Organization
Gramicci's is hiring four new sales reps to help sustain momentum it says it has gained since launching a branding effort at OR Sumemr Market. David Vietze has joined Gramicci as the New England rep, Jared Levine will join Gramicci as southern Cali
adidas Launches MLS Marketing Campaign
adidas launched a new interactive marketing campaign titled 'MLS Mash-up' centered around the 2006 Major League Soccer (MLS) Cup playoffs. Produced by EVB, the MLS Mash-up campaign pairs each MLS playoff team with a local
alternative band selec
Thule Lays Off SportRack Manufacturing Employees
Thule will lay off 33 employees, the majority of which work in production, at its SportRack facility in Granby, Quebec, Canada. The decision to downsize is due in part to plans to transfer some of the manufacturing of SportRack products to its Seymour, C
Hanesbrands Elects New Boardmember
Hanesbrands Inc. elected Jessica Tuchman Mathews, president of the Carnegie Endowment for International Peace to its board of directors…
adidas Plans Tech Retail Shop in Paris
On October 24 adidas will unveil the newest in interactive high-tech design at retail, the adidas “mi Innovation Center” (mIC). The first of its type, the center will be located in the new adidas Sport Performance store in Paris, France on the Champs Ely
REI Awards Stewards of the Environment
REI named Pete “Pickaxe” Fish with the Pacific Crest Trail Association; Fran Taylor with San Francisco Bicycle Coalition; Jan Prentice with Seattle Girl Scouts – Totem Council; Anna Ryan with Volunteers for Outdoor Arizona; Bill Tregoning with Winter Wild
VF Corporation is Firing on all Cylinders; Outdoor Still Leads the Way…
While VF Corp.’s Outdoor Coalition is still clearly the primary driving force behind the company’s revenue and earnings growth, the company is beginning to see success in several other segments as well, including Jeanswear, Sportswear, and Imagewear. For
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