SGB Executive Outdoor
Bob’s Stores a Burden to TJX in 2005
The TJX Companies, Inc. saw net sales for the fiscal year were $16.1 billion, an 8% increase over last year and consolidated comparable store sales increased 2%. Sales at Bob's Stores decreased 0.7% for the quarter to $288.5 million from $290.6 milli
Hi-Tec Takes Next Step in Five-Year Restructuring Plan
Hi-Tec Sports PLC is entering it’s fourth year of a five year repositioning strategy. It started in 2002 with the re-branding of it’s Hi-Tec Brand, focusing on the core categories of Outdoor, Golf and Court. Over the next 2 years, this was followed by cen
Garmin Q4 Earnings Outpace Sales by Nearly Two to One
Garmin Ltd. fourth quarter 2005 revenue was $319.3 million, up 45% from $220.9 million in fourth quarter 2004. The consumer segment revenue increased 50% to $260.2 million in fourth quarter 2005. All geographic areas experienced solid growth. Earnings pe
Sport Haley Fiscal Q2 Swings to Profit on 11% Sales Decline
Sport-Haley, Inc. net sales for the fiscal second quarter ended December 31, 2005 were $4.4 million, a decrease of $571,000 or 11%, from net sales of $5.0 million for the same quarter in the prior fiscal year. Net income for the quarter ended December 31,
Accounting Error Causes Sport-Haley to Restate Earnings
Sport-Haley, Inc. announced that the Audit Committee of the Company's Board of Directors, along with senior management, determined that the statements of operations and cash flows for the quarter ended September 30, 2005, contained an error, which wh
LaCrosse Looks to Move to Portland
LaCrosse Footwear, Inc. signed an agreement with the Portland Development Commission (PDC) for a loan and grant package worth $750,000 to assist in bringing the company's corporate headquarters and the Danner distribution center to the City of Portla
Callaway Renews Olin Brown Contract
Callaway Golf Company has re-signed PGA Tour player Olin Browne to a multi-year contract. Browne, who in 1992 was the first PGA Tour player to sign on as Callaway Golf Staff Professional, will endorse Callaway Golf woods, irons and golf balls, carry a Cal
Dynacraft and Wal-Mart Acquitted of Charges Civil Suit
A 12-member civil jury has rejected claims that San Rafael, Calif.-based Dynacraft BSC Inc. and Bentonville, Ark.-based Wal-Mart Stores Inc. knowingly sold bicycles with defective front-wheel quick-release mechanisms. The jury's verdict followed a ci
Escalade Posts Net Profit on Sales Slump
Escalade, Inc.'s fourth quarter net income grew to $3.1 million, a 226% increase as compared to the year ago quarter. Fourth quarter net sales of $44.7 million were described as “disappointing and below expectations.” Full year net sales of $185.6 mi
Hensley Brothers Return to Innes Clothing
After years of focusing on touring as a member of the band Flogging Molly, Matt Hensley has re-taken a “hands on” role at his skateboard clothing company Innes. His brother Chris also returns to help crank up the company they started together in 1996. See
Insight Adds New Marketing and Team Manager
Justin Reynolds has joined the Insight family as Marketing and Team Manager. He will share his knowledge of the skateboarding lifestyle as well as the streets where it was born. Justin grew up surfing the beaches of Southern California and has an underst
prAna Wind Power Lands Liz Claiborne on EPA Top 10 List
Liz Claiborne Inc. made the U.S. Environmental Protection Agency's list of Top 10 Retail Green Power Partners. Liz Claiborne Inc. is being recognized for its voluntary purchase of 25,000 megawatt-hours of green power to cover 100% of the electricity
Brass Eagle Recalls Paintball Markers
The U.S. Consumer Product Safety Commission, in cooperation with Brass Eagle, of Bentonville, Ark., announced a voluntary recall of roughly 243,000 “Blade Turbo” paintball markers and the “Paintball Breakout Players Kit.” Consumers should stop using recal
Prime Rate Changes Name to Summus Works
Prime Rate Investors, Inc. is changing their name and ticker symbol to Summus Works, Inc. after the company had previously invited shareholder suggestions. The word “summus” is the Latin root of “Summit” and means literally “the highest, uppermost, the to
Nike Names Seuss as Cole Haan CEO
Nike Inc. hired veteran luxury goods retail executive James Seuss as CEO of the company's Cole Haan brand, effective May 15, 2006. Seuss, 42, joins the company from Harry Winston, where he was president of the luxury diamond jeweler. Prior to Harry W
