Unifi Cuts Q2 Loss by 57 Percent
Unifi cut its lossess in the second quarter ended Dec. 23 by 57 percent despite a weak retail environment and rising input costs. The maker of textured nylon and virgin and recycled polyester yarns said temporary issues within the global supply chain had
Callaway Golf Sees Wider Q4 Loss Cut into Stellar Full Year Results
Callaway Golf Company reported that fourth quarter net sales were $174.4 million, a 3.0% decrease from $179.9 million for the 2006 quarter, which the coampny said had included “significantly more sales from new product launches.” ELY siaw its loss for th
Royal Elastics Opens Flagship Store in Santa Monica
Royal Elastics, which is owned by K-Swiss, opened its first U.S. retail store in Santa Monica. Royal Elastics was founded in 1996 in Australia, and now has 10 retail stores in Asia. The success of the Asian stores inspired Royal Elastics to open in the U.
Columbia Q4 Sales Up 4%; Company Sees Weaker Q1
Columbia Sportswear Co. said net sales rose 4% in the fourth quarter ended Dec. 31, thanks to robust growth in Latin America, Asia Pacific and Canada. The Columbia brand posted 6% growth and Mountain Hardwear increased 15% fro the quarter, while Sorel mo
OR Winter Marketplace Closes on High Note
Ending an energetic week in Salt Lake City that included a preview of fall ’08 apparel, gear and accessories, plenty of natural snow, and fashion shows packed to capacity, Outdoor Retailer Winter Market closed on a high note showing a resilient industry c
Garmin to Ship First Phone in Q3
Garmin International Inc. finally entered the mobile phone market with the nuvifone, an all-in-one, sleek and slim, touchscreen device that combines a premium phone, mobile web-browser, and cutting-edge personal navigator. Garmin said the touchscreen nuvi
Spanish Company Licenses AND 1 Brand
American Sporting Goods has licensed its basketball inspired brand, AND 1 to Basket King of Madrid, Spain. Basket King will be an official licensee for the AND 1 brand for adult, kids and team apparel products distributed throughout Eurpoe, Asia, the Midd
Beyond Coastal and Chums-Chisco Merge
Beyond Coastal Sun Care and Chums-Chisco, have merged. With the merger, Beyond Coastal founder Shawn Biega will continue as an integral part of Sales and Marketing with Chums-Chisco. In addition, retailers will now be able to get more high margin, low cos
Umbro’s Shareholders Accept Nike Offer
Nike announced that shareholders of Umbro plc approved their merger. Pending the Court hearings and final regulatory approvals, Nike’s wholly owned subsidiary, NIKE Vapor Ltd., expects to complete the acquisition in early March. Mark Parker, president and
Brunswick Q4 Profits Plummet on 5% Sales Gain
Brunswick Corporation reported net sales of $1.44 billion for the 2007 fourth quarter, up 5% from $1.37 billion a year earlier. Operating earnings for the fourth quarter of 2007 totaled $14.2 million, as compared with $30.5 million in the year-ago quarte
Mizuno Launches New ‘Never Settle’ Tagline
Mizuno Corporation, having celebrated its 100-year anniversary in 2006, is launching a new global tagline in 2008, Ashita Kit-to Dekiru, locally adapted for the North American markets as – Never Settle…
Johnson Outdoors Sees Fiscal Q1 Loss Widen
Johnson Outdoors Inc. posted net sales of $76.0 million for the first fiscal quarter ended December 28, an increase of 6.4% compared to sales of $71.4 million for the prior year quarter. JOUT saw the net loss from continuing operations for the period wid
Delta Apparel Posts Q2 Loss as Sales Decline 5.6%
Delta Apparel, Inc. reported a 5.6% decline in fiscal second quarter net revenues to $68.8 million from $72.9 million last year due to lower FunTees sales. Retail-Ready sales, which includes Soffe and Junkfood, increased 7.1% to $27.7 million for the quar
OBIT: Bob Humphrey of Schutt Sports
Bob Humphrey, the second-generation former owner of Schutt Sports, Inc., manufacturer of football helmets and faceguards, died Wednesday, January 24, 2008. He was 76. Mr. Humphrey was the son of Del Humphrey, who purchased Schutt Manufacturing Company in
TaylorMade-adidas Golf Sees Return of Abeles as SVP, GM of U.S.
TaylorMade-adidas Golf Company has named David Abeles senior vice president and general manager for the TaylorMade Golf United States business unit. Abeles, formerly the vice president of sales and marketing for Cobra Golf, will oversee the 350-person for
