Golfsmith International Holdings, Inc. saw second quarter net revenues increase 9.6% to $125.0 million from $114.1 million for the second quarter of fiscal 2006. Sales benefited from the opening of new stores, but was offset by a 4.8% decrease in net reve
Category: Outdoor
SGMA Cancels UEM Contract; Brings Spring Market Management In-House
The SGMA has canceled its contract with Universal Events Management and plans to take over day-to-day management of the SGMA Spring Market tradeshow. Mike May, SGMA director of media relations, said SGMA appreciates the efforts of UEM, especially in launc
Asics Sees Q1 FX Rates Boost Bottom Line Growth…
Asics Corporation saw a double-digit first quarter sales increase mirrored in net income growth, despite decreased margins and increased expenses as a result of beneficial currency exchange rates. Global net revenues increased 10.0% to ¥56.84 billion ($47
Escalade Sports Sees Increased Specialty Sales in Q2…
Escalade Sports saw second quarter sales increase 2.8% to $34.1 million from $33.2 million last year due to increased sales to the specialty market, which includes dealers and specialty sports retailers…
Nike Extends Indonesia Shoe Deal…
Nike Inc. agreed to extend shoe production at two Indonesian factories employing 14,000 workers for up to 18 months, after receiving assurances from the local supplier about quality and future severance deals. Nike had previously said it would stop workin
Black Diamond Hires Crouse and Thesenga
Black Diamond Equipment Ltd. announced several key personnel changes to strengthen their team and meet continued strategic growth objectives. In the past two years, Black Diamond has made major investments in its infrastructure, opened BD Asia in Zhuhai
Coleman Parent Q2 Boosted by Acquisitions…
Leading up to Jarden Inc.’s expected acquisition of K2, Inc. later this month, the company reported some strong results in its Outdoor Solutions segment, which includes Coleman and Pure Fishing. Most of Jarden's reported year-over-year Q2 net sales g
Hidary Group Back in Everlast Acquisition Game
Everlast Worldwide Inc. has entered into a settlement agreement with Hidary Group Acquisitions, LLC and Hidary Group Acquisitions, Inc. providing for the dismissal, with prejudice, of Hidary’s lawsuit against Everlast, which sought to block Everlast’s pen
Pacific Cycle Gives Dorel a Boost in Q2…
Dorel Industries Inc. recorded a 5.3% increase in second quarter net revenues to $459.0 million from $435.9 million for the same period last year. Net income was $10.8 million or 32 cents per diluted share, down 39.7% from $17.9 million or 55 cents per di
prAna Acquires Scapegoat Outerwear
prAna has acquired Sacapegoat for an undisclosed sum. The deal is intended to expand its product offering to include a premium line of technical outerwear marketed as “Scapegoat by prAna.” This acquisition also marks a strategic partnership between Scape
Lacrosse Footwear Sees Outdoor Sales Jump 24% in Q2 …
LaCrosse Footwear reported second quarter sales grew 14% to $24.9 million from $21.8 million. Sales to the outdoor market grew 24% to $11.8 million, reflecting continued penetration into the hunting and rugged outdoor boot markets. Sales to the work mark
Sport Chalet Sees Challenging Fiscal First Quarter…
Sport Chalet continues to bolster its position in its home SoCal market while at the same time investing in expansion into Northern California, Arizona, Nevada and Utah. However, a challenging retail environment in the back half of the quarter slowed the
Unifi Ousts CEO and Purges Board; Will Close Plant…
Unifi terminated Brian Parke as the chairman, president and chief executive officer of the company, effective immediately. Parke had been president of the company since 1999; CEO since 2000…
Under Armour Sees Connection with Younger Generation Paying Off…
Under Armour continues to deliver solid top- and bottom-line results even as the brand reaches what many thought was near maximum penetration of its core full line sporting goods channel. But the brand is also reaching new customers with its core compres
Crocs to Get Some New Bite…
Crocs, Inc. has entered into a definitive agreement to acquire the Bite Footwear brand for $1.75 million in cash, plus a potential earn-out of up to $1.75 million based on Bite hitting certain earnings targets over a three-year period. Bite markets and se
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