Aldila Posts Wider Q1 Loss on Higher Input Costs

Aldila Inc. recorded sales of $15.9 million and a net loss of $449,000, or 8 cents a share for the three months ending Mar. 31, 2012 as compared to net sales of $11.3 million and a net loss of $535,000, 10 cents, for the comparable period in 2011…

Spy Inc.’s Q1 Sales Surge with Focus on Spy Brand

Spy Inc. reported net sales of its sunglasses and goggles increased by $1.4 million, or 22 percent, to $8.1 million for the quarter ended March 31, 2012, compared with total net sales of $6.7 million for the quarter ended March 31, 2011. Gross margins dec

Trek Names New Brand Managers

Trek Bicycle shifted the roles and responsibilities of several key members of the Waterloo, WI-based global marketing staff to address the changing realities of marketing to an increasingly global audience…

DOJ Seizes $1.5MM in Counterfeit Proceeds

The Department of Justice has seized more than $1.5 million in proceeds from the distribution of counterfeit sports apparel and jerseys via websites traced back to Chinese operators. The funds were seized from interbank accounts and six money service busi

Heelys Widens Q1 Loss

Heelys, Inc.'s revenues improved 19.7 percent in the first quarter, to $7.3 million but lower margins caused its net loss to expand to $1.6 million, or 6 cents a share, from $1.2 million, or 4 cents, the prior year…

Under Armour Sues Sports Drink Firm

Under Armour Inc. filed a lawsuit against Body Armor Nutrition LLC, a sports drink maker based in Beverly Hills for trademark infringement. UA accused the firm of using a brand name and logo too similar to its own…

SPOT Service Revenues Up Sharply as Unit Sales Drop

Satellite services company Globalstar reported that its SPOT service revenue during the first quarter was approximately $5.3 million, up approximately 27 percent compared to the same period in 2011. SPOT equipment revenue, by contrast, slipped 42.1 percen