For the quarter ended Dec. 31, 2005, Brunswick Corp. reported that net sales increased 12% to $1,489.5 million, up from $1,333.8 million a year earlier. Net earnings rose to $88.3 million, or 90 cents per diluted share, up from $58.8 million, or 59 cents
Category: Outdoor
LaCrosse Opens First Sourcing Office in China
LaCrosse Footwear, Inc. opened its first sourcing office. Located in Zhong Shan, China, the office is in the heart of the Pearl River Delta manufacturing district. The new location offers a number of key benefits including: reducing LaCrosse's produc
Markley Retires from SmartWool
SmartWool announced today that Jim Markley is retiring as of Director of Sales after ten years with the company. Markley’s retirement is effective March 31, 2006. He will continue to work though the spring trade shows, after which the SmartWool sales off
Warnaco Modifies Executive Responsiblities to Accomodate Acquisitions
Following the closing of the previously reported Calvin Klein jeans acquisition by Warnaco, the company has shifted responsibilities amongst its executive force with Frank Tworecke, Group President, Sportswear, assuming responsibility for all of the acqui
Columbia Q4 Net Declines Despite 4.1% Sales Gain
Columbia Sportswear Company reported fourth quarter net sales of $314.1 million, an increase of 4.1% over net sales of $301.8 million for the same period of 2004. Net income for the quarter was $36.6 million, a 7.1% decrease compared to $39.4 million last
Gander Expects Big Q4 Sales and Earnings Jumps
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 $
Finish Line Sees Q4 at Top End of Guidance
The Finish Line, Inc. reconfirmed guidance for the fourth quarter ending February 25, 2006 and announced sales and earnings guidance for the year ending March 3, 2007. The company had previously issued guidance for Q4 of a comparable sales gain of 1% to 2
GBMI Appoints Singer Nautica U.S. Sales Chief
Global Brand Marketing, Inc. has appointed Dan Singer to director of US sales for Nautica. In this new position, Mr. Singer will oversee the expansion of the Nautica brand into department stores, independents and marine retailers. He will also be charged
Timberland Rolls Out New Packaging Initiative
The Timberland Company has announced a footwear packaging initiative that reduces Timberland's environmental impact and provides consumers with new information to help guide them in the purchase process. As part of the initiative to debut this year,
adidas Group Closes Billion Dollar Private Placement
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
New Era Inks Patent Deal for Golf Headwear
New Era Cap Co., Inc. has entered into a relationship with Golf Design Inc. for the exclusive rights of use for the company's Magnahat patent. The deal allows New Era to imbed a magnet into the visor of its caps, to which a ball marker will be attach
adidas/Reebok Deal Clears European Regulators
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
ThirtyTwo Adds Foxy and Casselberry to Team
ThirtyTwo added two of the industry vets to their team, hiring Mike Fox as Product Line Manager and Todd Casselberry as Product Merchandising Manager. As Product Line Manager for ThirtyTwo, Fox’s responsibilities include all aspects of line conception, de
NRF Elects New Board Members
The National Retail Federation elected members of its Board of Directors during NRF’s 95th Annual Convention & EXPO in New York City. M. Farooq Kathwari, Chairman, President and CEO, Ethan Allen Interiors Inc., will succeed Arnold B. Zetcher as Chairman o
Callaway Narrows Q4 Loss; Posts Post Full Year Profit
Callaway Golf Company reported net sales of $998.1 million for the full year ended December 31, 2006, a 6.8% increase from $934.6 million in sales for the same period in 2004.
ELY swung to a profit for the year, posting net income of $13.3 million, or 19
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