Orange 21 Posts Q2 Loss on Flat Sales; Replaces CFO

Orange 21 Inc. reported that net sales for the second quarter of 2006 were relatively flat at $10.3 million, a 1.4% decrease compared to $10.4 million in the second quarter of 2005. ORNG reported a Q2 net loss of approximately $758,000, or 9 cents per dil

Phoenix Footwear Narrows Q2 Loss on Strong Organic Growth

Phoenix Footwear Group, Inc. reported that net sales for the second quarter increased 127.1% to $34.9 million compared to $15.4 million for the second quarter of 2005. The revenue gain reflects an 87.8% increase in Altama, a 25.8% increase in Royal Robbi

Hibbett SG Lowers Q2 Guidance Despite 11% Sales Jump…

In a preliminary sales report, Hibbett Sporting Goods saw strong top-line results for the second quarter for fiscal 2007, but now expects to report net income per diluted share of 12 cents to 13 cents versus the previous guidance for the second quarter of

Asics Q1 Rides non-Japan Gains…

For the first quarter ending June 30, Asics Corp. saw net sales increase 21.3% to ¥51.7 billion ($452.8 million) from ¥42.6 billion ($396.5 million) last year. Gross margin for the company improved 280 basis points to 45.8% of net sales from 43.0% during

New Balance Acquires Brine…

New Balance has acquired Brine, Inc. for an undisclosed amount. Jim Davis, Chairman and CEO for New Balance said that the acquisition will allow the company to broaden its product offering on a global scale. This will also give New Balance a much larger f

Amer Boosted by Outdoor, Team, and Racquet Sports

Amer Sports continues to focus heavily on the integration of Salomon and the restructuring of the French company’s different manufacturing facilities. The company continues to be on-schedule with these initiatives, but there is still much work to be done.

Danner Lands U.S. Marine Boot Contact…

LaCrosse Footwear’s Danner subsidiary has been awarded an indefinite delivery/indefinite quantity contract to produce the Mountain Cold Weather Boot designed for the U.S. Marine Corps. The contract could span up to five years and anywhere between 500 and

OR Summer Market – Another Successful Show…

The weeks leading up to OR Summer Market are generally full of anticipation, tight deadlines, and frayed nerves. This year, these effects were multiplied by the fact that OR celebrated its 25th birthday, extended the outdoor demo to two days, expanded the

Nike Extends NFL Footwear Agreement

The National Football League has extended its agreement with Nike for the sporting goods giant to continue as an authorized supplier of NFL footwear. An NFL partner since 1995, Nike will continue to supply NFL players with branded footwear for use in game

Pacific Sunwear Sees Income Drop in Q2

Pacific Sunwear of California, Inc. reported total sales for the second quarter of $313.7 million, an increase of 1.5% from $309.1 million last year. Second quarter net earnings were 14 cents per diluted share, down from 28 cents per share last year. Net

G.I. Joe’s Names Vendor; Rep of Year

Recognizing a successful partnership and dedication to provide high quality footwear to running enthusiasts throughout the Pacific Northwest, G.I. Joe’s named Asics, Inc. of Irvine, California as its 2006 Vendor of the Year. In addition, Doug Williams of

Camelbak Grabs Market Share with New Bottle

With only 90 days under its belt, the CamelBak Bottle has exceeded a 10% market share in U.S. specialty retail stores, according to the company. The success of the launch has spurred retailers to place multiple reorders sooner than expected. The CamelBak

Springboost Names VP/GM; Adds to Sales Force

Springboost has expanded its sales rep force. Newly added to the team are Julie Hasson and Paul Tobin of H & T Sales, Cartledge, Jerry Panowicz, Ken Geisinger, and Keith Frank. In addition, the company added a new VP and General Manager, Kevin Johnson,