The Stride Rite Corporation second quarter fiscal 2006 sales were $194.0 million, an increase of 22% compared to the same period in the prior year. Net income for the second quarter totaled $16.9 million or 45 cents per diluted share, compared to net inco
Category: Footwear
Nike Hits $15 Billion in Fiscal 2006; Q4 Earnings Slip
Nike, Inc.'s 2006 fourth quarter revenues increased 8% to $4.0 billion, compared to $3.7 billion for the same period last year. Fourth quarter net income declined 5% to $332.8 million, compared to $349.5 million in the prior year, and diluted earning
Zumiez Completes Fast Forward Acquisition
Zumiez Inc. has completed its previously announced acquisition of Fast Forward, an action sports retailer with 19 stores, mostly in Texas and a web store. The acquisition was funded from cash on hand. The company expects the acquisition to add a penny to
Brunswick Appoints European President
Brunswick Corporation named Jacques A. Bronchart as president – Brunswick European Group. Bronchart most recently served as president of Marine Power Europe and has helped lead Mercury Marine's sales and service efforts in Europe, Middle East and Afr
Mammut Forms Benelux Subsidiary
Mammut Sports Group Benelux BV has been formed to reinforce Mammut's efforts in teh region. Mammut Sports Group Benelux BV will focus on continuous reinforcing of the three countries of Belgium, the Netherlands and Luxembourg and will support all act
Dunham Adds to Product Development Team
Boston-based Dunham announces the addition of industry veterans Bob Bischoff and Sean Cox to its Product Development Team. As Senior Product Developer IIs, both Bischoff and Cox will be responsible for the research and development of all the brand’s prod
Golf Galaxy Shares Fall on Reduced Guidance; Meets Reduced First Quarter Outlook…
Golf Galaxy, Inc. posted its 13th consecutive quarter of comp sales improvements, though not to the level of initial targets, but took a major hit from analysts after reducing their expectations for the year. In a conference call with analysts, manageme
Reef Selling Blanks at Pre-‘Black Monday’ Prices…
When Clark Foam closed its doors on Monday, December 5, 2005, shockwaves were sent through the surf industry as the main supplier of foam blanks (the template on which the vast majority of surfboards are hand shaped) suddenly stopped its production. The
Oakley Rolls Retail Shops Under Sunglass Iacon Brand…
Oakley, Inc. took a major step in its expansion in the retail landscape back in 2001 when it acquired Iacon, Inc. At the time, the company operated 40 stores under three different retail concepts, focused mostly on the sunbelt region. During the past se
Oakley Rolls Retail Shops Under Sunglass Iacon Brand…
Oakley, Inc. took a major step in its expansion in the retail landscape back in 2001 when it acquired Iacon, Inc. At the time, the company operated 40 stores under three different retail concepts, focused mostly on the sunbelt region. During the past se
Atomic Reorganizes Southwest Sales Team
Atomic has reorganized its alpine and snowboard sales force in the southwestern territories of California, Arizona, and Nevada. The reorganization means long-time Atomic sales rep Rob Dill and Mark Mackay will begin servicing all of Atomic’s alpine busine
TAG to Hold 2007 Rep Seminar at SGMA Spring Market…
The Sporting Goods Manufacturers Association has announced that Team Athletic Goods, Inc., or TAG, will hold its 2nd National Sales Training Seminar in conjunction with the SGMA Spring Market to be held June 11-13, 2007 in Las Vegas, Nev. The decision w
Zumiez Investor Cashing Out through Secondary Offering…
Zumiez, Inc. announced last week that one of its shareholders, Brentwood-Zumiez Investors, LLC, is offering more than 1.6 million shares of ZUMZ shares in a public offering, representing its entire stake in the action sports retailer. Piper Jaffray & Co.
Tum Yeto Ends Pig Wood ‘Pro’
Tum Yeto announces the closure of the Pig Wood “Pro” program. After three years of development the company has decided to end this division of the Pig Brand and focus its efforts on the long-time mainstays of Pig, which are premium wheels, bearings, bags
L.L.Bean to Open Two More Massachusetts Locations
L.L.Bean plans to open stores in Dedham and Mansfield, Massachusetts, in 2007 and 2008. Mansfield Crossing, the largest shopping center in central Massachusetts, was named as the location of one store slated to open fall 2007. Legacy Place, in Dedham, is
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