Fila named Gary Wakley as Vice President, Footwear. Mr. Wakley joins Fila from Prince Sports Inc. where he spent the past three years as Senior Director of Footwear and Apparel. With more than 36 years experience in the footwear and apparel industry, Mr.
Category: Outdoor
GSI Commerce Q2 Loss Widens on 10% Sales Increase
GSI Commerce Inc. fiscal 2007 second quarter net revenue increased 10% to $131.3 million from $119.6 million. Merchandise sales increased 52 percent to $316.0 million from $208.0 million. Loss from operations was $9.0 million compared to a loss of $3.8 mi
Everlast Sees Another Investor Complain About Sale Proceedings
Shortly following the letter Aquamarine Capital Management sent, Everlast Worldwide's largest independent stockholder, Burlingame Asset Management, LLC sent a letter to the EVST's board of directors reiterating the case made by Aquamarine that t
Valandré Opens Boulder Office Led by Bob Culp
Valandré has opened an office warehouse in Boulder, CO. Valandré first entered the US market five years ago. Since then, sales at specialty retailers have climbed steadily. Valandré USA LLC in Boulder will house staff and inventory to better serve clients
Total Luxury Group Signs Apparel Licensing Deal for Pony
Total Luxury Group, Inc. signed an exclusive licensing agreement for the Pony label for all men's and young men's apparel products, which covers the United States, Canada and Puerto Rico. Pursuant to the terms of the license agreement, Total Lux
Skechers Posts Q2 Earnings Decline Despite 20% Sales Jump
SKECHERS USA, Inc. net sales for the second quarter of 2007 rose 20.5% to $352.2 million compared to $292.2 million in the second quarter of 2006. Net earnings for the quarter were down 15.3% to $14.9 million from $17.6 million in the second quarter of 20
Kokatat Taps Two to Rep Midwest
Kokatat named Megan Kress and Kelly Blades as the company's new sales reps for the Midwest territory. This territory has been split up into 2 sub-territories. Megan will be covering west of Lake Michigan (IA, IL, MN, and WI) and Kelly will cover east
Billabong to Acquire South Africa Licensed Business
Billabong International Limited has reached in-principle an agreement to acquire its licensed business in South Africa. The business comprises a wholesale distribution channel (and associated outlet store) and small-scale manufacturing facilities. The acq
Callaway Golf Expects to Shoot the Green in Q2…
Callaway Golf Company continues to make strides away from its past troubles, largely thanks to the strength of new products. The company expects net sales for the second quarter to amount to approximately $380 million, representing an increase of approxim
VF Corp. Q2 Earnings Growth Hurt by Majestic Deal and Intimates Sale…
While VF Corporation saw strong top-line growth in the Outdoor and Sportswear Coalitions as well as some acquisition-aided growth in Imagewear, the gains did not translate into bottom-line growth for the second quarter due to the divestiture of the Intima
Oakley Sees Double-Digit Growth in Q2…
Oakley, Inc. reported double-digit sales gains pretty much anyway you slice the data during the second quarter, following up on a strong start to the year and, no doubt, making new expectant parent Luxottica Group quite happy. The 29.3% top-line growth f
Orange 21 Looks to Acquire No Fear Retail Stores…
The Orange 21 Inc. board of directors is reportedly conducting preliminary discussions with No Fear Inc. regarding a possible strategic transaction involving the acquisition of No Fear Retail Stores, Inc., a subsidiary of No Fear. NFRS currently operates
Play It Again Parent Sees Merchandise Sales Jump in Q2…
Winmark Corporation, parent company to Play It Again Sports, recorded a 20.6% increase in net revenues for the second quarter to $7.6 million. Merchandise sales revenues increased 51.1% for the quarter to $1.2 million, while franchise fee revenues decreas
World Cup Comps Hassle JJB Sports in H1…
British sporting goods retailer JJB Sports plc reported declines in both net sales and comparable store sales for the fiscal first half ending July 15, 2007, due primarily to tough comparisons against last year’s FIFA World Cup. For the first half, net r
Cybex Unveils New Minnesota Manufacturing Plant…
Cybex International, Inc. has opened a new, $15 million, 340,000 square foot eco-friendly manufacturing facility in Owatonna, Minn. This facility is expected to serve projected growth and to generate significant manufacturing efficiencies over time. The