SGB Executive Outdoor
Shoe Pavilion Expects Q1 Sales of $26-$28 mm
Shoe Pavilion, Inc. expects to record first quarter net sales of $26 to $28 million and earnings per share of 2 cents to 6 cents…
Thule Names New Western Envoy
Thule hired Eric Wallace as the new Western Envoy. Wallace comes to Thule with extensive experience in the cycling industry as the team manager of some of the most successful mountain biking teams. As the Western Envoy, Wallace will be providing technical
Everlast Posts 29% 2005 Revenue Jump
Everlast Worldwide Inc. saw net revenues from continuing operations increase 29% for the year to a record $43.3 million as compared to $33.5 million in 2004. The net revenue growth was achieved by a 32% increase in net licensing revenue to $12 million as
Payless Q4 Sales Up Slightly; Comps up 2.3%
Payless ShoeSource, Inc. saw sales during the fourth quarter of 2005 total $611.3 million, a 0.7% increase from $607.2 million during the fourth quarter 2004. Same-store sales increased 2.3% during the fourth quarter 2005. Average footwear unit retail for
VAUDE acquires Edelrid
VAUDE has acquired the Edelmann + Ridder GmbH & Co. KG, best known for he Edelrid brand of climbin ropes. Edelrid, the specialist for climbing equipment, specifically manufacturing ropes and climbing harnesses, further rounds out VAUDE’s product offering.
REI Promotes Hopkins and Spangler
Recreational Equipment, Inc. has appointed Janet Hopkins and Tim Spangler to the company's recently created retail
store regional vice president positions. Hopkins and Spangler, both of whom currently serve as members of REI's retail leadershi
NRF: St. Patty Turns His Luck on the Retailers
Retailers will be feeling the luck o’ the Irish this Spring, as consumers hit the stores for their favorite green goods. According to the National Retail Federation’s 2006 St. Patrick’s Day Consumer Intentions and Actions Survey, consumers will spend an
Wisse Appointed National Sales Manager for Stohlquist
Stohlquist WaterWare appointed Jake Wisse as National Sales Manager. Wisse is taking his industry background and passion for paddle sports to Arlington, where he will be working with paddling innovator Jim Stohlquist to continue the momentum the brand ha
Brooks Names Nenow as VP of Global Footwear Merchandising
Brooks Sports, Inc. hired Mark Nenow as vice president of global footwear merchandising. Bolstering Brooks’ executive management team, Nenow arrives with more than 20 years of industry experience and a decorated track record both in and out of the office.
Pacific Sunwear Rides 12% Q4 Sales Jump to 15% Net Increase
Pacific Sunwear of California, Inc. posted a 15% increase in net income for the fourth quarter to $47.0 million, compared to $40.7 million for the same period last year. Total sales for the fourth quarter ended January 28, 2006 were $424.9 million, an inc
Deckers Sees Double-Digit Sales and Earnings Gains in Q4
Deckers Outdoor Corporation saw net sales increase 22.6% to a record $91.0 million for the fourth quarter versus $74.2 million in the same period last year. Net earnings for the quarter increased 31.5% to $12.1 million from $9.2 million last year, while e
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
