PUMA Gets Another U.S. Boost in Q4; Ups Guidance
PUMA AG reported that consolidated sales increased 27.7% to €349 million ($415.2 mm) for the 2005 fourth quarter. Currency neutral sales were up by 22% for the period. In Euro terms, Footwear rose by 25.8% to €221 million ($262.9 mm), while Apparel incre
Amer Sports Organic Growth up 7% in 2005; Integration Impacts Bottom Line
Amer Sports' 2005 full-year net sales grew by 32% to €1.36 billion ($1.70 bn) compared to €1.04 billion ($1.29 bn) last year. The Salomon acquisition increased net sales by 25% and organic net sales growth exclusive of Salomon was 7%. Earnings before
Lafuma Files for $30 million Secondary Public Offering
For the first time since its initial public offering in May of 1997, Lafuma has launched a capital increase operation with pre-emptive subscription rights, for a total of €25.3 million ($30.4 mm)…
Anne Obenchain Joins OIA as Director of Member Services
Outdoor Industry Association appointed Ann Obenchain as the Director of Member Services overseeing member communications, events, and research for the association. Ann is joining OIA from Kelty, where she has served as the Director of Marketing since 1998
Specialty SnowSports Sales Jump 12% Through December
Overall sales for the entire winter sport market, including specialty and chain stores, were up 13% in dollars to $1.5 billion for the August through December period of 2005, compared to $1.3 billion reported last year, according to the SnowSports Industr
Chain Store SnowSports Sales Increase 17%
Sales at chain stores were up 17% compared to last season, according to the SnowSports Industries America Retail Audit. In dollars, that translates to $347.1 million in sales compared to $298.0 million for the same period last season. Unit sales were up
Fromson Steps Down from Cascade Designs
After 23 years at Cascade Designs Inc., Lee Fromson will be stepping down as President on February 28, 2006. In 2005, the CDI Employee Stock Bonus Plan was revised. While that revision improved the financial structure of CDI, it resulted in a change to
Nordstrom January Comps Rise 6%
Nordstrom, Inc. reported preliminary sales of $431.1 million for the four-week period ending January 28, 2006, an increase of 11.6% compared to sales of $386.2 million for the four-week period ending January 29, 2005. Same-store sales increased 6.0%.
Pacific Sunwear January Comps Climb 4.9%
Pacific Sunwear of California, Inc. reported that total sales for the month of fiscal January, ending January 28, 2006 were $75.3 million, an increase of 15.1% over total sales of $65.4 million during the same period last year. Total Company same store sa
American Eagle Comps Jump 11.3% in January
American Eagle Outfitters, Inc. total sales for the month of January increased 17.5% to a record $128.8 million, compared to $109.6 million for the month ended January 29, 2005. Comparable store sales increased 11.3% for the January period.
Puma NA Extends Damon Deal; Player Gets Ferrari
PUMA North America has signed Johnny Damon to a four year extension to their relationship. Damon, the former Red Sox centerfielder that recently signed on with the New York Yankees, will continue to represent the brand on the field wearing PUMA DFR cleat
Garmin Denies Lawrance Take-Over Bid
Garmin Ltd. denied reports that it has made a counter bid to acquire Lowrance Electronics after Simrad Yachting's announced tender offer last month…
Moonlight Graham Acquired by Denim Apparel Group
Denim Apparel Group has signed a letter of intent to acquire Moonlight Graham Inc., a manufacturer of better men's and children's licensed sportswear with licenses including Major League Baseball, Anheuser – Busch, General Motors, Universal Stud
Perry Ellis Exercises Call Option on Senior Secured Notes
Perry Ellis International, Inc. exercised the call provision of the $57 million 9 1/2 Senior Secured Notes to redeem these notes effective March 15, 2006. The company indicated that it expects annual interest expense savings of approximately $1.5 million
Gildan Posts 10.4% Q1 Sales Increase; Net Nearly Doubles
Gildan reported first quarter sales of $120.3 million, up 10.4% from $109.0 million in the first quarter of last year. The increase in sales revenues primarily reflected a 14.8% increase in unit sales volumes, partially offset by the impact of a lower-val
