Golf Galaxy to Open 4 New Stores
Golf Galaxy, Inc. plans to open four new stores during the month of November. In total, the company will have opened 15 new doors this year with the unveiling of these four, which will include one store each in Westminster, Colo.; Winston-Salem, N.C.; Arl
Northwave Rep Expands Territory
Northwave rep David Jacopetti is expanding his territory from Northern California to include California, Nevada and Arizona. Helping to cover this expanded region is his sub rep, Ryon Baxter. For the last year David Jacopetti had been covering the Northe
Coleman Parent and Shareholders Initiate Secondary Offering
Jarden Corporation and certain of its stockholders commenced an offering of 11.5 million shares of common stock pursuant to a shelf registration statement that Jarden filed earlier. Warburg Pincus and its affiliates plan to sell 7.5 million of the shares
Jarden Corp. Doubles Q3 Net Despite Declines at Outdoor Group
Jarden Corporation, parent company to Coleman, reported that net sales for the third quarter increased 10% to $1.0 billion compared to $938 million for the same period in the previous year. Net income was up 114% to $51.3 million, or 78 cents per diluted
Thule Sees Acquisitions Boost Strong Organic Nine-Month Growth
For the first nine months of 2006, Thule reported a 25.7% increase in sales to SEK2,998 million ($401.8 mm) from SEK2,384 million ($327.5 mm) last year. When adjusted for the effects of currency changes and acquisitions, sales grew 9.5% for the period.
Amer Has Tough Q3; Salomon, Wilson Sales Both off Mid-Singles
For the third quarter, Amer Sports Corp. saw net sales decrease 2.4% to €471.9 million ($601.7 mm) from €483.6 million ($590.1 mm) for the same period one year ago. Net income also decreased, slipping 2.1% to €36.6 million ($46.7 mm) from last year’s €37.
Collective Licenses Sims to Sports Authority
Collective International, LLC and The Sports Authority have signed an exclusive Master License agreement for the Sims snowboard brand. Under the five year agreement, The Sports Authority will retain exclusive rights in the United States to market and sell
Brown Shoe Co. Appoints Veteran CFO
Brown Shoe Company, Inc. has appointed Mark E. Hood, former Chief Financial Officer of Panera Bread Co., as Senior Vice President and Chief Financial Officer, effective October 30, 2006. Hood, who has more than 30 years of finance, accounting and manager
Aldila Q3 Bottom Line Takes Hit on Sharp Golf Decline
Aldila, Inc. reported third quarter net sales declined 15.5% to $16.3 million, compared to $19.3 million in the comparable period of 2005. The company reported net income of $2.9 million, or 51 cents per diluted share, for the third quarter ended Septemb
GSI Commerce Q3 Sales Jump Unable to Stop Net Loss
GSI Commerce Inc. saw net revenues for the third quarter increase 39.6% to $118.5 million from $84.9 million during the same period last year. The company posted a net loss of $6.2 million, or 14 cents per share, widening from a net loss of $4.5 million,
Skechers Cruises Past Q3 Estimates on Solid BTS
Skechers USA, Inc. reported that net sales for the third quarter rose 21.4% to $331.1 million compared to $272.8 million for the same period in 2005. Third quarter 2006 net earnings were $22.2 million, or 49 cents per diluted share, versus net earnings of
Unifi to Acquire Division of Dillon Yarn Corp.
Unifi, Inc. has signed a definitive agreement to acquire the assets, including the inventory, of the Dillon Yarn division of Dillon Yarn Corporation. The purchase price will be approximately $65 million, comprised of $44.5 million in cash and approximatel
K2 Sees Q3 Sales Increase 4.9%
K2 Inc. saw net sales increase 4.9% for the third quarter to $356.9 million from $340.4 million last year. Net income adjusted for the impact of certain non-cash charges for the third quarter was $23.0 million, up 27.1% from adjusted net income of $18.1 m
Spy Optic Taps Randall as Manager of Corporate Communications
Spy Optic has named Elizabeth “Liz” Randall as manager of corporate communications. Effective immediately, Elizabeth will be overseeing all Public Relations and Communications functions including media relations, corporate news, product launches, athlete
The Bon-Ton to Acquire Four Parisian Stores from Belk
The Bon-Ton Stores, Inc. has entered into a definitive asset agreement with Belk, Inc. to purchase four Parisian department stores and the rights for the construction of a fifth Parisian store. Bon-Ton anticipates completing the transaction with Belk on O
