Skechers USA, Inc. announced financial results for the second quarter ended June 30, 2005. Net sales for the quarter rose 12.5% to $263.9 million compared to $234.7 million in last year's quarter. Net earnings were $15.9 million versus net earnings o
Category: Outdoor
Puma Sees Category and Regional Expansion in Phase IV; Sees non-Puma Brand Expansion
PUMA announced the launch of Phase IV of its long-term oriented business plan, in which PUMA will reinforce its position as one of the leading multi-category Sportlifestyle brands. PUMA will drive Phase IV and focus on three areas: Category Expansion, Reg
Timberland to Launch Miōn Watersports Brand with Martin Keen
Everybody wants a piece of Keen, but Keen wasn’t for sale. Deckers wanted a piece and landed a new CEO in Angel Martinez. Timberland wanted a piece and went straight to the source and inked a deal for Martin Keen to design a new brand for the company.
Timberland Q2 Net Income Declines on Weaker U.S. Sales
The Timberland Company reported that second quarter net income declined 19.4% to $6.3 million, or 9 cents per diluted share, compared with net income of $7.9 million, or 11 cents epr diluted share, in the year-ago quarter.
Second quarter revenue increase
Columbia Makes Key Footwear and Apparel Appointments
Columbia Sportswear Company has appointed Brad Gebhard as VP of Footwear. In his new role, Gebhard will be responsible for the global strategic vision for the Footwear Division and will provide direction for the footwear design and merchandise functions.
Quik Completes Rossi Acquisition; Names Gautier Rossi President
Quiksilver announced it has successfully completed its previously announced acquisition of Skis Rossignol S.A. Quiksilver now owns directly or indirectly approximately 94% of Rossignol, with over 95% of the voting rights, and anticipates acquiring additio
UNC, Nike, and EA Top Performers for CLC
The Collegiate Licensing Company announced its top-sellers for the fiscal year-to-date, representing royalties reported July 1, 2004 through June 30, 2005 on collegiate merchandise sold. For the fifth straight year, the University of North Carolina has ra
PUMA Becomes Official Supplier of Manu Samoa
PUMA announced the signing of National Rugby Union team, Manu Samoa. Starting October 15, 2005, PUMA will be the official supplier to all the teams associated with the Samoa Rugby Union. The new agreement includes all on field, sideline, training, and rep
The Sportsman’s Guide Will Again Beat Street Estimates…
For the third quarter in a row, the Sportsman's Guide, Inc. announced that its originally released guidance needed to be raised, an action that sent shares up 24% for the week to close at $22.30 on Friday.
SGDE reported that net sales for the secon
Quiksilver to Re-Open Rossignol Tender Offer; Raises $400 Million in Note Sale…
Quiksilver, Inc. has successfully completed its tender offer for the outstanding share capital of Skis Rossignol S.A., acquiring approximately 6.0 million shares during the offering period for €19.00 per share. Upon the anticipated closing of the transac
Phil Knight Sets Sight on Expanding His Entertainment Businesses…
Nike Inc. founder and chairman Phil Knight last week announced a new entertainment and media venture called Laika Entertainment. The new entity will absorb Vinton Studios, which Knight acquired in September 2003…
Huffy Corp. Files Re-Org Plan…
Huffy Corp. has filed its proposed Plan of Reorganization and related Disclosure Statement with the U.S. Bankruptcy Court, planning to emerge as a private entity focused on its Huffy Bicycle, Tommy Armour Golf, and Ram Golf brands. While the efforts of a
Senior Manager, Custom Product — New Balance
New Balance is seeking a seasoned footwear professional with extensive experience in marketing and sales. Relied upon to lead, influence and monitor product development cycle for the custom line. Requires expertise in design, development, merchan
Recall: VisionTech USA Aero Bars
The U.S. Consumer Product Safety Commission, in
cooperation with VisionTech USA, Inc., announced a voluntary recall of about 280 of the VisionTech USA SuperMax, TriMax, TriMax Plus and Pro model Integrated Bicycle Aero Bars. Consumers should stop using re
Element 21 Names Curry VP of Sales
Element 21 Golf Company has recently added Jack Curry as VP of sales. Jack is a thirty-year veteran with a successful management history of upwards $50 million in annual sales, and profound expertise in the Golf and Sporting Goods industries. In the past
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