Lotto Posts 3.2% Sales Increase

In 2003 Lotto Sport Italia, despite the negative general market situation as regards consumption, obtained positive results with sales of €255 million ($312 mm), an amount that shows an increase of 3.2% with respect to 2002. Actually, as Lotto Sport Itali

BD Hires Two New Reps

Black Diamond Equipment Ltd. announced the hiring of Jack Tackle and Kim Miller as Climbing Hardware Sales Representatives for the Rocky Mountain Territory…

Cutter and Buck Can Almost Put the Red Ink Away

Cutter Buck announced Q3 sales were down 12.1% to $22.5 million from $25.6 million in the corresponding period last year. Third quarter net loss dropped 90.1% from $9.7 million last year to $0.9 million for 2004. Gross margin jumped 55 basis points from 3

adidas Lays Out New Strategies to Build Brand…

adidas-Salomon chairman and CEO Herbert Hainer has finally backed off his chest-pounding claims of grabbing 20% market share in the U.S. –- at least for now – and will instead focus on building a profitable business in North America…

Nike Boosts Fiscal Q3 Outlook…

While the world’s second-largest athletic brand continues to struggle in the U.S., its Portland cross-town “rival” appears to be hitting on all cylinders, issuing increased guidance for its latest quarter.

Urban Outfitters Doubles Q4 Income…

Urban Outfitters posted an impressive quarter to round out the year. The retailer reduced costs and increased margins to turn a 49.7% Q4 sales increase, from $117.6 million to $176.7 million, into a 120% increase in Q4 net income, from $8.4 million to $18

Not So Fast There Mister Man…

Meanwhile, the proverbial fly in the ointment appeared in the Footstar bankruptcy case as GE Capital Corp., which holds the lease for “certain furniture, fixtures and equipment” with FTS. GECC filed a number of objections to the proposed bidding process

180s in Patent Fight over Ear Warmers…

180s is taking on Walgreen’s in a patent infringement case involving the company’s ear-warmers. Walgreen’s has allegedly been selling a product under the brand name ‘Ear Band’ that is identical to 180’s mainstay wrap-behind-the-head ear-warmer, which has

L.L. Bean Sets Record Revenue Level in Fiscal 2003

L.L.Bean reported net sales for the fiscal year ending February 29, 2004 increased 10% to $1.2 billion. The company also announced that its Board of Directors approved a cash award of 15% of annual pay to eligible employees, and cash gifts to recognize th