G-III Apparel Slightly Cuts Sales Forecasts; Maintains EPS
G-III Apparel Group Ltd. slightly cut its sales forecasts for the year ended January 31, 2007, but maintained its projected earnings estimates. Overall results will come in substantially ahead of prior year results…
Skechers Q4 Profit Soars 149%
Skechers USA Inc. reported fourth quarter earnings vaulted 149% to $14.6 million, or 33 cents a share, from $5.9 million, or 14 cents, a year earlier. Sales increased 36.2% to $304.5 million as compared to $223.5 million in the fourth quarter of 2005…
NEOS sold to Norcross Safety Products
Norcross Safety Products recently announced a deal to acquire NEOS Overshoes. The deal closed in September 2006, but no details were released until recently. Norcross will be moving NEOS into its Rock Island, IL headquarters. Scott Hardy, founder of Willi
Whitewater Courses and Parks 2007 Set for April
The second international conference on the development of engineered whitewater courses, Whitewater Courses and Parks 2007: Catch the New Wave, will convene April 18-20, 2007 at Wisp Resort in McHenry, MD. Hosted by the Paddlesports Industry Association
Escalade Sports Restates ’04 and ’05 Net Income
Escalade, Inc. will restate its results for the fiscal 2004 and 2005 to correct errors relating to the overstatements of the provisions for income taxes and employee benefit costs. The company believes these restatements will increase previously reported
TJX Co.’s Believes Security Breach Began in July 2005
The TJX Companies informed the marketplace that its previously suspected security breach was actually larger than initially believed. While the company previously believed that the intrusion took place only from May 2006 to January 2007, TJX now believes
Cutters Gloves Partners with GreatCatch
Cutters Gloves, based in Phoenix, reached an agreement to partner with GreatCatch of Lafayette, Louisiana. Cutters will distribute the GreatCatch training device through its large network of retail outlets in the U.S., Canada, and abroad. Invented by Mark
Nike Advertising Director Leaves Company
After 23 years with the company, Nike Advertising Director for U.S. Brand Marketing Saga Shoffner has departer. Shoffner, 47, joined Nike in 1984 and began her career as an advertising manager in the early years of 'Just Do It'…
Crocs Signs Several NASCAR Licenses
Crocs, Inc. has entered into licensing agreements or letters of intent with several top NASCAR racing teams, including Dale Earnhardt, Inc., Hendrick Motorsports, Joe Gibbs Racing, and Richard Childress Racing for the use of team marks, as well as driver
Shoe Pavilion Q4 Net Drops Despite Sales Gains
Shoe Pavilion, Inc. saw fourth quarter net sales increase 38.6% to $40.8 million from $29.5 million last year. Comparable store net sales for the quarter increased 8.6%. Sales from new and relocated stores contributed $10.9 million in the quarter. Net inc
Thule Ramps Up Bike Sponsorships
Throughout the 2007 road cycling season Thule will be supporting some of North America’s top road teams, individual riders, and neutral support programs, including Colavita/ Sutter Home presented by Cooking Light, Navigators Insurance Cycling Team, and BM
SIA: Chain Snow Sports Sales Remain Flat
Snow Sports sales at chain stores totaled $345.8 million for the August through December period of 2006. Overall sales for both specialty and chain stores were down 3% in dollars to $1.46 billion for the August through December period of 2006, compared to
Nike Promotes from Within
Nike has appointed David Heath as new Vice President of Global Sales and Pat Zeedick as General Manager of Equipment for the Nike brand…
Mitchell and Ness Partners with Jordan Brand
Mitchell & Ness Nostalgia Co. has partnered with Jordan Brand, a division of NIKE, Inc. in a three-year exclusive agreement that will feature a collection of authentic on-court uniforms commemorating defining moments of Jordan’s NBA career. This will be t
Under Armour Gets First Try at Wrigley’s Ivy Ads
The Chicago Cubs hope to take a chunk out of the big money they promised to Alfonso Soriano and Ted Lilly this off-season by partnering with Under Armour, Inc. in the form of the first ever signage on two outfield doors in left and right field at Wrigley
