Quiksilver's net revenues for the fiscal first quarter ended January 31 increased 33.6% to $342.9 million, from $256.1 million in the year-ago quarter. Excluding the addition of DC Shoes in the quarter, revenues increased approximately 22.6% for the
Category: Outdoor
Prime Rate Investors to Acquire Skiershop Mountain Sports…
Prime Rate Investors, an affiliate of RSN and the owners of Stowe TV-10, has signed a letter of intent to acquire Skiershop Mountain Sports, a Stowe, Vermont based Bicycle, Outdoor, and SnowSports retailer…
adidas-Salomon Sees Q4 Profits Shrink on Weaker Salomon Results…
adidas-Salomon posted what most see as a pretty positive year as sales grew 3.4% in Euro terms to €6.48 billion in 2004 compared to €6.27 billion in 2003 and net income increased 20.8% to €314.0 million from €260.0 million in the prior year. Currency-neu
Orange 21 Sees Some Legal Action…
Orange 21 has received a cease-and-desist letter from Oakley with respect to patent and trademark issues involving three of its product styles. These three product styles accounted, in the aggregate, for less than 4% of Orange 21's sales for the 2004
Shoe Carnival Starts to See the Payoff…
Shoe Carnival, Inc. CEO Mark Lemond is starting to see his team’s strategy start to bear fruit as the family footwear retailer posted solid back-to-back monthly comp store sales gains for the last two months. Net sales for Q4 increased 7.2% to $143.9 mil
Thule Shows Solid Q4…
Thule finished off a strong fourth quarter, the first under new owner, Candover Partners (see BOSS_0444). Sales for the quarter increased 44% to SEK 615 million ($88.5 million) compared to SEK 427 million ($56.4 million) last year. Profitability improved
DSW Customer Credit Info Stolen…
Retail Ventures, Inc. learned late last week of the theft of credit card and other purchase information from a portion of DSW Shoe Warehouse customers that shopped at 103 DSW stores, primarily during the last three months. Any customer information provide
Rocky Consolidating After Acquisition…
Rocky Shoes & Boots plans to consolidate operations following the recent acquisition of EJ Footwear, including the relocation of the Lehigh division headquarters in Vestal, N.Y. The company plans to relocate key management to Rocky's headquarters in
Thule Shows Solid Q4 Gains…
Thule finished off a strong fourth quarter, its first under new ownership with Candover Partners. Sales for the quarter increased 44.0% to SEK 615 million ($88.5 million) compared to SEK 427 million ($56.4 million) in 2003. Profitability improved at clos
Twin Tips Drive Specialty; Snowboard shows Continued Softness…
According to the SIA Retail Audit, sales for the entire winter sports market were up 2.8% in dollars to $1.76 billion for the August 2004 through January 2005 period, compared to $1.71 billion reported for the same period last year. Unit sales were down 7
Orange 21 Sees Some Legal Action…
Orange 21 has reportedly received a cease-and-desist letter from Oakley with respect to patent and trademark issues involving three of its product styles. In a press release, Orange 21 stated that upon review of the claims, the company believes them to b
Altama Deal Weighs Down Phoenix…
Phoenix Footwear’s acquisition of Altama is not paying-off like the company expected when the deal closed in July of last year. Many of the military contracts held by Altama at the time of the acquisition have suffered from delayed procurements and the di
Lotto Takes Over China License…
Lotto Sport Italia reported last week that its previous licensing agreement with Lightening Star Corporation for China, Macau, and Hong Kong has terminated. A new trading company – a subsidiary of Lotto Sport Hong Kong – will control two companies that w
Outdoor Retail Looks to Web for Solid 2004…
The retail environment seems to be quite healthy for many of the major outdoor specialty chains, although the competitive environment is heating up at the same time. Brick and mortar retailers who are successfully integrating the Internet and catalogs in
Cutter and Buck Narrows Fiscal Q3 Loss…
Cutter & Buck reported a $523,000 pre-tax loss for its ongoing wholesale business for the fiscal third quarter ended January 31, compared to a pre-tax $40,000 profit in the year-ago period. Management attributed investments in computer systems and expens
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