SGB Executive Outdoor
Billabong Ups Fiscal 2005 Outlook; Snags SoCal Retail Chain…
Billabong International has raised its profit guidance for the fiscal year ended June 30, 2005. The company now expects profit growth to reach 30% for the current year, up 50% from its initial estimate of 20% growth, saying it was “unduly conservative”.
Judge Allows Suit Against Cabela’s…
A state District Court judge in Texas last week ruled that a taxpayers group may proceed with a lawsuit challenging Fort Worth's tax incentive package for Cabela’s, Inc. The Fort Worth Citizens for Responsible Government filed suit in September, cha
Oakley Sees Soft Q3; Backlog Up 49% on ‘Thump’ Sales…
Oakley is counting on the success of its new ‘Thump’ sunglass/MP3 player and increased military sales to meet full-year 2004 guidance after posting a small 2.2% sales gain in the third quarter that was primarily fueled by its owned-retail business. Sungl
Huffy Corp. Files Chapter 11; Fights to Stay Alive…
Huffy and all of its subsidiaries have filed for voluntary protection under Chapter 11 of the U.S. Bankruptcy code citing liquidity issues, significant operating losses associated with portions of its former Canadian operations, increasing public company
Rocky Q3 Fueled by Retailer Expansion…
Rocky Shoes & Boots is riding a two-tiered wave made up of increased military sales and aggressive expansion strategies among several key retail customers. RCKY third quarter sales increased 21.0% to $50.1 million in sales, with roughly 10%, or $5.1 mill
LaCrosse Footwear Announces Boot Recall
LaCrosse Footwear Inc., in cooperation with the U.S. Consumer Product Safety Commission, has announced a voluntary recall of about 8,400 pairs of Polar and Trailblazer Work Boots. The protective toe cap on the boots may not provide sufficient impact and c
ICON Fiscal Q1 Loss Jumps; CV and Strength Sales Both Decline
ICON Health & Fitness reported that net sales for the first quarter of fiscal 2005 decreased 13.9% to $170.3 million from $197.8 million in the comparable period in fiscal 2004. Sales of cardiovascular and other equipment decreased 9.6% to $143.4 million
Howell Lands as Chief Retail Officer at LL Bean
L.L. Bean has added two new executives geared toward helping the company achieve its retail expansion goals. Ed Howell, a former L.L.Bean employee, returned to the company as Chief Retail Officer and member of the Office of the President. Howell recently
lucy Comes Full Circle; Relaunches Online Store
lucy is reopening its online store for women's activewear. The Portland-based retailer launched its original e-commerce website November 15, 1999. Fifteen months later, the company shut down its website and successfully shifted its focus to brick-and
Sport Haley Fiscal Year Net Loss Widens
Sport-Haley, Inc. reported net sales for the year ended June 30, 2004, were approximately $20,800,000, an increase of $1,604,000 or 8%, from net sales of approximately $19,196,000 for the 2003 fiscal year. The net loss for the fiscal year was approximate
GBMI Appoints New VP of Info Technology
Global Brand Marketing, Inc. has appointed Ram Reddy as Vice President of Information Technology. In this newly created position, Reddy will be responsible for planning, developing, and implementing GBMI’s information technology strategy. Previously, Red
GoLite Promotes Stone to Chief Operating Officer
GoLite has appointed Jo Stone as its Chief Operating Officer. Ms. Stone has served as GoLite's Controller and, most recently, its CFO, since 2002. Ms. Stone will oversee customer service, distribution, finance and administration, information technol
VF Moving Jansport to San Leandro; Cisler Will Exit
JanSport, Inc., a division of VF Corporation, has decided to relocate the JanSport Equipment business to new offices in San Leandro, CA, where VF's The North Face division is also headquartered. JanSport's Custom Apparel business, which provide
Pearl Izumi Deploys CenterStone B2B Software
CenterStone Technologies, Inc., a Denver-based developer of Web software and services for managing sales orders, has successfully deployed its business-to-business sales order management software for Pearl Izumi. Pearl Izumi chose CenterStone as its partn
Play it Again Sports Parent Sees Q3 Net Dip on Lower Revenues
Winmark Corporation, parent company to Play it Again Sports, reported net income for the third quarter ended September 25, 2004 of $1.0 million, or 15 cents per share diluted, compared to net income of $1.1 million, or 17 cents per share diluted, in the t