Alpina Sports Corp will take over distribution of all Exel products in North America Effective January 1, 2008, including Nordic, Alpine poles and racing equipment, Roller and in-line poles, trekking and Nordic Walking.
Exel Sports will be closing down th
Category: Outdoor
American Apparel Swings to a Q3 Profit
American Apparel Inc., which is being acquired by investment company Endeavor Acquisition Corp., reported a profit of $6 million in the third quarter compared with a loss of $2.1 million in the previous year. Revenues gained 34% to $106.5 million from $79
Puma AG Third Quarter Sees Both Downside and Upside in U.S. Mall Sales Decline…
Puma AG took another hit to the top-line in the third quarter as a tough U.S. mall business and the largest player in the channel continued to severely impact overall footwear sales growth for the period. The EMEA region also saw some challenges of its o
Princeton Ski Shop Files for Bankruptcy
Citing unseasonably warm weather and heightened competition, Princeton Ski Shop Inc. filed for bankruptcy in the U.S. Bankruptcy Court for the District of New Jersey in Newark. The company, based in Clifton, NJ, operates four stores in New York City ( 22n
Five Things Every Company Should Know About Doing Business in China…
As more companies are looking for any advantage they can get in the marketplace, finding inexpensive labor and efficient infrastructures has become one of the most competitive playing fields in modern day business. In the last decade, one country has come
SRAM Acquires Zipp
SRAM Corporation completed its acquisition of Compositetech Inc., which makes products under the Zipp name. The Zipp management team will remain intact and continue to report to Andy Ording, president of Zipp…
Nautilus Urges Shareholders to Vote Against Sherborne Proposal
Nautilus, Inc. mailed to following letter to its shareholders urging them to vote against a proposal made by Sherborne Investors LP and its affiliates, a group of NLS investors. The current Nautilus board stated that Sherborne is trying to take control of
Fila Launches U.S. Marketing Push with Modeling Contest
Fila Inc. is launching an online modeling contest as part of a new branding campaign dubbed “How do you Fila?” Fila is planning on using the images of the winners and their personalized “How Do You Fila?” descriptors in its 2008 marketing creative, which
Aldila’s Q3 Revs Slide 19%
Aldila Inc. reported Q3 sales fell 19% to $13.2 million from $16.3 million. Net income fell 76% to $687,000, or 12 cents a share, from $2.9 million, or 51 cents, a year ago. Excluding a year-ago special credit, net income in the latest quarter was down 59
Jarden Announces Stock Buyback Plan
Jarden Corporation, parent company of K2 and Volkl skis, announced that its Board of Directors has authorized a new stock repurchase of up to $100 million of its common stock. As of October 29, the company had approximately 77.6 million shares of common s
adidas Sees Strong Q3 Bottom Line Growth on Flat Sales
adidas reports third quarter group revenues grew 3% on a currency-neutral basis driven by sales increases at both adidas and TaylorMade-adidas Golf. Reebok sales, however, declined. Group sales in euro terms declined 0.3% to € 2.94 billion ($4.04 bn) in t
Gottschalks Comps Drop 3%
Gottschalks Inc. announced that same store sales for the month of October 2007 decreased 3% from the prior year. Total sales for the month decreased 5.7% to $41.7 million from $44.2 million in October…
Head N.V. Sees Q3 Pressure From Winter Sports
Head third quarter net revenues were down 17.1% to €92.8 million ($127.5 mm) primarily due to a 30% decline in winter sports revenues. This decline was partially offset by stronger sales in both racquet sports and diving. Third quarter net profit was down
Nordstrom’s October Comps Slide 2.5%
Nordstrom, Inc. said same-store sales in October decreased 2.4%. Total sales reached $625.7 million for four weeks ended November 3, 2007, an increase of 0.5% compared to sales of $622.5 million a year ago…
Pacific Sunwear Sees October Comps Slip; Expects Q3 Net Loss
Pacific Sunwear of California, Inc. saw a 0.5% increase in fiscal October net sales to $85.3 million from $84.8 million for the same period last year. Total company same-store sales decreased 0.8% during the period with PacSun seeing a 2.3% increase and d
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal