SGB Executive Outdoor
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
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
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
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
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
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,
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
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
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
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
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
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
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
Sport Haley Settles Auditor Lawsuit
Sport-Haley, Inc. entered into a settlement agreement to resolve all pending claims between Sport-Haley and its former auditors. Pursuant to the terms of the settlement agreement and a sharing agreement between Sport-Haley and its director and officer lia
