Speedo Parent Q1 Sales Up; Swimwear Group Income Declines
The Warnaco Group, Inc. posted net revenues of $466.3 million, up from $439.5 million in the first quarter of fiscal 2005, which includes a $60.4 million gain from the acquired Calvin Klein Jeans business. Net income totaled $16.1 million, or 34 cents per
Van Dine Forms Consulting Firm
Van Dine & Partners is a newly launched consulting
company with a focus on strategic business development for footwear, apparel and active lifestyle consumer product brands. The partners include Scott McGuire, Jacqueline Lenox, Jenny Fredericks and Mario
Thule Acquires German Trailer Rental Company
Thule has acquired anhaenger-center.com, a leading German rental trailer company. Anhaenger-center.com is family owned. The company is based in Neu Ulm showing annual sales of € 2.5 million ($3.1 mm) with good profitability.
Hooked On The Outdoors to Cease Publication
After eight years, Hooked on the Outdoors Magazine is officially ceasing publication. “We are making this announcement with much remorse and sadness. The outdoor marketplace is losing a great publication and brand—one that certainly gave back more than an
CITA Expands Ski and Snowboard Pant Quota Exemption
The Committee for the Implementation of Textile Agreements, an interagency committee chaired by the US Department of Commerce, sent a letter to Outdoor Industry Association (OIA) and SnowSports Industries America (SIA) recently informing the industry that
adidas Group Posts Strong Q1 Results on Double-Digit Organic Growth
adidas Group reported that currency-neutral sales grew 40% in the 2006 first quarter, primarily due to the first-time consolidation of Reebok. Excluding Reebok, sales increased 13% on a currency-neutral basis, with higher sales in all regions. In euro ter
Speedo to Market AVP Volleyball Range
AVP Pro Beach Volleyball Tour, Inc., a wholly owned subsidiary of AVP, Inc. has inked a three-year licensing agreement with Speedo. As part of the new deal, which runs through 2009, Speedo will manufacture, market and distribute the new “AVP and AVP Pro
Sporting Goods Industry Converges on D.C. for National P.E. Day
In the last 10 years, physical education classes in America’s schools have been cut and childhood obesity rates have climbed. A delegation of physical education advocates from the sporting goods industry and other industries traveled to our nation’s capi
G-III to Float Secondary Offering
G-III Apparel Group, Ltd. has filed paperss with the SEC for a proposed offering of 4,000,000 shares of its common stock. G-III will offer 3,000,000 shares and selling stockholders will offer 1,000,000 shares and will also grant the underwriters a 30-day
Tony Hawk Foundation Awards $150k to Skateparks
At its first meeting of 2006, the Tony Hawk Foundation Board of Directors voted to award $150,000 in grants to 19 public-skatepark projects in the U.S. Formed in 2002 by skateboarding legend Tony Hawk, the Foundation has helped hundreds of communities add
Malone Auto Racks Goes Live with CenterStone’s iVendix Solution
CenterStone Technologies, Inc., an internationally recognized developer of Web-based sales order management software for manufacturers of apparel, footwear, equipment and accessories, serving the outdoor recreation, snow sports, sporting goods, surf and a
Golf Galaxy to Sell Additional Shares
Golf Galaxy, Inc. filed a registration statement with the SEC for an underwritten public offering of 3,130,000 shares of the company's common stock. The offering will consist of 307,584 shares offered by the company and 2,822,416 shares offered by ce
Garmin Q1 Earnings Out-Pace 67% Revenue Growth
Garmin Ltd. first quarter total revenue was $322.3 million, up 67% from $192.7 million in first quarter 2005. Earnings per share increased 86% to 80 cents from 43 cents in 2005; excluding foreign exchange, EPS increased 65% to 86 cents from 52 cents in 2
Johnson Outdoors Fiscal Q2 Earnings Slip on Military and Diving Weakness
Johnson Outdoors Inc. net sales were $107.4 million for the fiscal second quarter ended March 31, 2006, an increase of 1% compared to $106.2 million for the prior year quarter. Net earnings were 46 cents per diluted share compared to 54 cents per diluted
Nike Looks to World Cup for Soccer Opportunities
Nike will outfit the U.S. Men's National Soccer Team in its national team uniforms this year. According to Nike, the brand has shown dramatic growth in soccer in just over a decade, from roughly a $40 million business in 1994 to “approaching” $1.5 bi
