For the third quarter, Amer Sports Corp. saw net sales decrease 2.4% to €471.9 million ($601.7 mm) from €483.6 million ($590.1 mm) for the same period one year ago. Net income also decreased, slipping 2.1% to €36.6 million ($46.7 mm) from last year’s €37.
Category: Outdoor
Tecnica Group Acquires Blizzard Gmbh
The Tecnica Group has acquired Austrian ski manufacturer Blizzard Gmbh. The acquisition is subject to the official approval of the Austrian Antitrust Authority. Tecnica, through its Nordica subsidiary (100% controlled by Tecnica) will acquire 66.66% of t
Aldila Q3 Bottom Line Takes Hit on Sharp Golf Decline
Aldila, Inc. reported third quarter net sales declined 15.5% to $16.3 million, compared to $19.3 million in the comparable period of 2005. The company reported net income of $2.9 million, or 51 cents per diluted share, for the third quarter ended Septemb
Brown Shoe Co. Appoints Veteran CFO
Brown Shoe Company, Inc. has appointed Mark E. Hood, former Chief Financial Officer of Panera Bread Co., as Senior Vice President and Chief Financial Officer, effective October 30, 2006. Hood, who has more than 30 years of finance, accounting and manager
The Bon-Ton to Acquire Four Parisian Stores from Belk
The Bon-Ton Stores, Inc. has entered into a definitive asset agreement with Belk, Inc. to purchase four Parisian department stores and the rights for the construction of a fifth Parisian store. Bon-Ton anticipates completing the transaction with Belk on O
Spy Optic Taps Randall as Manager of Corporate Communications
Spy Optic has named Elizabeth “Liz” Randall as manager of corporate communications. Effective immediately, Elizabeth will be overseeing all Public Relations and Communications functions including media relations, corporate news, product launches, athlete
Unifi to Acquire Division of Dillon Yarn Corp.
Unifi, Inc. has signed a definitive agreement to acquire the assets, including the inventory, of the Dillon Yarn division of Dillon Yarn Corporation. The purchase price will be approximately $65 million, comprised of $44.5 million in cash and approximatel
Elan Adds to Austrian Sales Team
Elan Snowboards added Markus Klaiber to their sales team to cover Austria. The 39- year-old Bavarian started his own snowboarding school back in 1992 and has worked as a sales rep for Sessions clothing in Austria since 2004. Klaiber will be responsible fo
REI Awards Stewards of the Environment
REI named Pete “Pickaxe” Fish with the Pacific Crest Trail Association; Fran Taylor with San Francisco Bicycle Coalition; Jan Prentice with Seattle Girl Scouts – Totem Council; Anna Ryan with Volunteers for Outdoor Arizona; Bill Tregoning with Winter Wild
Ogio Names Eastern Regional Sales Manager
OGIO has appointed Cal Harris as the company’s new national sales manager for the eastern region. Prior to accepting this latest advancement, Harris served as the Ohio OGIO rep for two years. In his new position, he will oversee the company’s eastern sale
Helly Hansen Acquired by Norwegian PE Firm
Altor, a private equity fund that focuses on Nordic investments with enterprise value ranging from SEK 500 million to SEK 4 billion, has entered into an agreement with Investcorp to purchase 100% of the company's shares in Helly Hansen. Helly Hansen
Under Armour Adds Chief Supply Chain Office
Under Armour, Inc. tapped James Calo to take on the new rol of chief supply chain officer. The position is designed to strengthen Under Armour's executive management team as the company continues its expansion in international and domestic markets. M
PGAs of Europe Name Randell as Chief Executive
The PGAs of Europe have named Ian Randell as their new chief executive. Randell will take up his duties, at the Belfry, in mid-January 2007.
The 33 year-old former chief executive of the Ladies European Tour is currently occupying a similar role with the
Crocs Acquires EXO Italia
Crocs, Inc. has acquired EXO Italia, S.r.l., designer and developer of EVA-based finished products with a focus on the footwear industry. Headquartered in Padova, Italy, EXO Italia has worked with several leading branded consumer companies to produce high
Nike Taps Sears Vet as VP E-Commerce
Nike, Inc. hired industry veteran Chris Shimojima to take the newly created position of VP, global e-commerce. Shimokima will report directly to president and CEO Mark Parker and will be responsible for driving an integrated global e-commerce strategy for
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