Escalade Inc. will restate its financial results for 2004 and 2005 and adjust quarterly reports for 2006 after the company found errors in how income tax and employee benefit costs were calculated. Escalade said it had overstated the impact of taxes and e
Category: Outdoor
G-III Apparel Slightly Cuts 06’ Sales Forecasts; Maintains EPS…
G-III Apparel Group Ltd. slightly cut its sales forecasts for the year ended January 31, 2007, but maintained its projected earnings estimates. Overall results will come in substantially ahead of prior year results.
In announcing preliminary results, the
Volcom Sees Q4 Sales Increases in All Segments…
Volcom, Inc. ended the year on a high note as sales increased in each of its product categories, in each of its geographic breakdowns, and in both customers large and small. Overall, fourth quarter revenues increased 37.2% to $56.6 million, from $41.2 mil
Billabong Sees Strong Growth in the Americas…
Billabong International Limited reported a 26.1% rise in sales revenue to AUD$610.7 million ($466.3 mm) from AUD$484.3 million ($364.3 mm) previously. Currency-neutral, sales increased 26.8% for the half.
Sales revenue in the Americas increased 31.2% to A
TAF Contributes $1.9 mm to Nexcen Results
Nexcen Brands, Inc. reported that revenues at The Athlete's Foot for 2006 amounted to approximately $9.9 million. The company owned the franchising business for less than two months in 2006 and recognized revenue of approximately $1.9 million in its
Billabong Sales Jump 31% in Americas
Billabong International Limited reported a 26.1% jump in sales revenues to AUD$610.7 million ($466.3 mm) from AUD$484.3 million ($364.3 mm)previously. Net profit increased 14.3% to AUD$90.7 million ($69.3 mm) for the first half. Sales revenue in the Ameri
LPGA Names Executive Director of TandCP
Ladies Professional Golf Association named Nancy Henderson as executive director of the LPGA Teaching & Club Professionals (T&CP), a new position. Henderson will begin work on March 7 with the LPGA T&CP Executive Committee to develop innovative programs t
La Sportiva and Sugoi Ink Trail Running Team Deal
La Sportiva and Sugoi announce a partnership for the 2007 La Sportiva Mountain Running Team. Sugoi will be outfitting the team in its running-specific apparel…
Volcom Sales and Earnings Climb, EU Investment Should Pay-Off in 2007
Volcom, Inc. fourth quarter revenues increased 37.2% to $56.6 million, compared with $41.2 million in the fourth quarter of 2005. Net income for the fourth quarter of 2006, which includes a provision for income taxes using a 39.4% tax rate, increased to $
Cabela’s Positive Q4 Comps Boost Income 25.5%
Cabela’s Incorporated revenue for the fourth fiscal quarter of 2006 increased 15.6% to $781.0 million compared to $675.4 million for the fourth fiscal quarter of 2005. Net income for the fourth fiscal quarter of 2006 increased 25.5% to $53.4 million, or 8
Spenco Launches Pink Ribbon Program
Spenco Medical Corporation developed the Spenco Pink Ribbon Program whereby the company will donate a portion of its Q Factor sales to actively support the ongoing awareness of, and fight against breast cancer…
First Half Profits Drop in Pacific Brands’ Outdoor and Sport Division
Australia’s Pacific Brands Limited reported operating earnings dropped 14.4% in its Outdoor & Sport division in the six months ended December 31 as revenues dropped 5.3%. In its Footwear division, operating earnings climbed 7.5% on a 1.5% sales gain…
Golf Galaxy Promotes Busch to SVP of Merchandising
Golf Galaxy said Dana Busch, a nine-year Golf Galaxy employee, was promoted to SVP of merchandising. Justin Royer, also a nine-year Golf Galaxy employee, was promoted to vice president of marketing…
Iconix to Buy Danskin for $70M
Iconix Brand Group, owner of apparel brands including Candie's and Mossimo, has agreed to buy Danskin for $70 million. As part of the transaction, Carol Hochman, president and CEO of Danskin, and her team will continue as Iconix's licensee to gr
Gander to Open New Minnesota Store
Gander Mountain Company will open the first of more than a dozen stores it plans to open in 2007. The newest store will be located in Eden Prairie, Minnesota at 12160 Technology Drive. The store's Grand Opening is scheduled for March 30…
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal