LaCrosse Footwear posted a 19.4% jump in first quarter 2004 sales, recording $23.7 million in revenue for the period compared to $19.9 million for the first quarter of 2003. Sales of Lacrosse brands increased to the retail channel in the quarter and Dann
Category: Outdoor
Garmin’s Q1 Margins Hurt by Chip Costs…
Garmin's revenue for first quarter of the year increased 28% to $158.3 million from $123.8 million in the year-ago quarter. Gross margins fell 950 bps to 50.8% for the 2004 first quarter compared to 60.3% last year. SG&A expenses were reduced 40 ba
Sea to Summit Triples Sales…
Sea to Summit more than tripled its sales in the first quarter of 2004 with 218% growth, thanks to an expanded product line and its new sales force (see BOSS_0410). Seven years ago the company launched its U.S. line with an assortment of travel liners, an
Bite Sees the Market Swinging Up…
Bite footwear has been posting some strong results, with a 20% increase in sales for the month of April – the company’s highest U.S. sales in a single month to date. March also showed the strongest Canadian sales numbers Bite has ever seen as well…
Guru Apologizes to Cervelo…
Last August Cervélo filed suit against Guru Cycles because of an e-mail correspondence between an unnamed customer and a member of the Guru sales team. Apparently, the Guru employee misrepresented some facts about Cervélo with regards to quality and weig
Germany’s First IPO Since Recession is a Bike Company…
Mitteldeutsche Fahrradwerke, a German bicycle manufacturer plans to launch the country’s first IPO in two years. The company plans to raise €14 million and will be listed on the Frankfurt Stock Exchange…
Accell Acquires a Third Parts Distributor
The Accell Group is becoming rather aggressive in their expansion into the bicycle accessories market with the acquisition of a third distributor, the F. van Buuren & Co. B.V. This acquisition gives Accell two Dutch parts distributors with Junker, and F.
Five Ten Re-Emphasizes EU…
In the month since John Connelly took over the role of International Sales Manager at Five Ten, he has proceeded to restructure the company’s EU management team. Bastiaan Wauters is Five Ten’s new Sales and Sponsorship Coordinator for Europe while Beverl
B.O.S.S. Goes One-On-One with… Jack Gilbert
Jack Gilbert is the president and founder of Mountain Hardwear. A long-time industry veteran, Gilbert created MH in late 1993 after attempting an MBO of Sierra Designs, a company he had run since 1989. Prior to SD, Gilbert was the first publisher of OR Ma
Golfsmith Pares Q1 Loss as Comps Jump Almost 24%
Golfsmith International Holdings, Inc. increased net revenues 44% to $65.8 million for the fiscal 2004 first quarter ended April 3 compared with net revenues of $45.8 million in the first quarter of fiscal 2003. Same-store sales increased 23.9% in the qu
Oakley and Ducati Extend Licensing Agreement
Oakley has extended for an additional three years its existing licensing agreement with Ducati Motor Holding S.p.A. and has expanded the scope of the agreement to include five exclusive models of Oakley eyewear. All products covered by the agreement featu
SIA Wins Five Awards for snowlinkjr.com
The SIA was recently awarded five different awards for its newly-launched consumer site, snowlinkjr.com. Both the website and the game, Icebox Maniacs, garnered top recognition nationally and in the Denver area. SIA developed snowlinkjr.com with the Fac
Accell Group Acquires a Third Parts Distributor
Accell Group N.V. has signed a letter of intent for the acquisition of F. van Buuren & Co. B.V., a company trading in bicycle parts and accessories. Following the recent acquisition of Juncker B.V., this new acquisition further strengthens the position of
The Buckle April Comps Climb 8.6%
The Buckle's sales for the four-week period ended May 1, 2004 increased 13.7% to $27.3 million from sales of $24.0 million in the corresponding four-week period ended May 3, 2003. Comparable store sales, for stores open at least one year, for the fou
Goody’s April Comps Rise 1.8%
Goody's Family Clothing reported total sales for the month of April climbed 5.3% to $100.1 million. Comparable store sales rose 1.8%. First quarter sales increased 7.0% from $283.0 mllion last year to $302.9 million this year. First quarter comps cli
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