Footwear | Page 1889 | SGB Media Online

Brunswick Q4 Fitness Profit Gain Offsets Bowling and Billiards Decline…

January 30, 2006 SGB Update

Brunswick fourth quarter net sales increased to $1.49 billion, up 12% from $1.33 billion a year earlier. Acquisitions accounted for half the sales increase in the quarter. Net income totaled $88.3 million, or 90 cents per diluted share, for Q4, up from

Lafuma Continues N.A. Growth; Builds War Chest…

January 30, 2006 SGB Update

The Lafuma Group reported a considerable increase in sales during the company’s fiscal first quarter, mainly due to the recent acquisition of OxBow. Including OxBow, total group sales increased 27.0% to €46.6 million ($55.9 mm) compared to €36.7 million (

TSA Goes Private in $1.3 Billion Deal…

January 30, 2006 SGB Update

If all boats rise and fall with the actions of a particular company, then The Sports Authority created a tsunami on Wall Street last week for the sporting goods retail market, which grew at roughly three times the rate of the overall S&P 500. TSA shares

OIA Develops Fair Labor Code; Announces First Annual Awards

January 30, 2006 SGB Update

Outdoor Industry Association has adopted a supplier code of conduct as developed by the organization’s Fair Labor Working Group. In addition, OIA released a Fair Labor Toolkit at Outdoor Retailer Winter Market. The Fair Labor Toolkit presents a code of co

Gander Gets Class Action Dismissal…

January 26, 2006 SGB Update

The U.S. District Court in Minnesota has dismissed in its entirety and with prejudice the consolidated securities class action complaint filed against Gander Mountain Company and certain of its officers and directors. Plaintiffs have 30 days from the date

Yue Yuen Margins Take Another Hit in Fiscal 2005, But Retail Growth Helps…

January 26, 2006 SGB Update

Yue Yuen Industrial Holdings shrugged off the effects of higher costs for raw materials, increases in labor costs and the appreciation of the Yuan to post a 2.2% increase in net profit to $310.1 million for its fiscal full year ended September 30. The co

Kangol Partners with Stereo Sound Agency for Headwear

January 26, 2006 SGB Update

Kangol has joined forces with Stereo Skateboards, a.k.a. The Stereo Sound Agency, to release an exclusive line of headwear for SpringISummer '06.
Stereo Skateboards, founded in 1992, is the brainchild of skateboarder/artist Chris Pastras and
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Gander Expects Big Q4 Sales and Earnings Jumps

January 26, 2006 SGB Update

Gander Mountain Company expects pretax income for the fiscal fourth quarter to be in the range of $21 million to $22 million, an increase of 20% to 25% over the fiscal fourth quarter of 2004. The company anticipates that sales for the quarter will total $

adidas/Reebok Deal Clears European Regulators

January 25, 2006 SGB Update

The European Commission has unconditionally cleared adidas-Salomon AG's proposed acquisition of Reebok International Ltd. No other anti-trust approvals are required to complete the transaction. Reebok will hold a Special Meeting of Shareholders today

Reebok Gets 98% Affirmative Vote on adibok Deal

January 25, 2006 SGB Update

At a Special Meeting of Shareholders held Wednesday, Reebok’s shareholders approved Reebok International's previously announced merger agreement with adidas-Salomon AG. More than 98% of the votes cast were voted in favor of the transaction. adidas-

adidas Group Closes Billion Dollar Private Placement

January 25, 2006 SGB Update

The adidas Group yesterday closed a $1 billion US private placement transaction. The new transaction improves the Group’s financial flexibility and further extends its overall maturity profile. The proceeds of the transaction will be used to help finance