PacSun Issues Corrections Due to Lease Accounting

Pacific Sunwear announced that it will correct its accounting for leases after the company's review of the matter and after discussion by management and the Audit Committee of the Board of Directors of the company with Deloitte & Touche, LLP, its ind

Billabong Sees H1 Profit Growth Outpace Sales Gains…

Billabong International, Ltd. saw net profit rise 73% from A$41 million ($28.2 mm) last year to A$70 million ($51.4 mm) for the first half of the 2004/05 fiscal year while EPS lifted 70% to 34 cents per share. Total sales rose 37% to A$419 million ($307.5

Outdoor Industry Focuses on Sustainability…

Declining participation, the obesity epidemic, federal funding, consolidation… There seems to be no end to the list of issues that the Bicycle, Outdoor, and SnowSports industries must deal with. However, judging by the SRO crowd at the Environmental Sust

Skechers’ Solid 2004 Results May Point to Turnaround…

Skechers USA looks to be heading in the right direction after posting a sold fourth quarter that benefited from fewer markdowns and close-outs that drove up average selling prices in footwear, as well as tighter controls on everything from selling expense

OIA Redoubles Efforts to Help Protect Recreation Areas…

As the climate for public policy and environmental issues heats up, Outdoor Industry Association (OIA) has fired up its commitment and efforts to protect the pristine lands and waterways that are the lifeblood of the outdoor industry—the outdoors themselv

Bob’s Stores in Makeover Mode…

Bob's Stores finished its first full year under the TJX umbrella with $291 million in sales, a $17 million operating loss and only one net new store, bringing the total number of doors to 32 at year-end. Management said the performance of the divisi

Unifi Sells Irish Facilities for $37 million

Unifi has entered into three separate contracts that provide for the sale of substantially all of the plant, property and equipment associated with the Company's European manufacturing operations, which ceased October 31, 2004…

Ed Andrew Returns to NiteRider as New CEO

Ed Andrew, who was President of NiteRider from January 1996 to December 1999, has returned to the company as the new CEO. Ed left the company on very good terms in 1999 to help launch a small start-up company with a product concept, a small amount of set-

Ruff Wear Expands U.S. Sales Force

Ruff Wear is expanding its sales force in North America to meet the needs of customers in both the outdoor retail and specialty pet markets. The new sales representatives augment the sales force currently in place in the US. Fifteen independent sales repr