OnBoard Outfitters Launches Baby Line at MAGICkids
OnBoard Outfitters is launching its OnBoard Baby line at MAGICkids at the MAGIC Marketplace. OnBoard Baby is introducing a full line of baby carriers and diaper bags incorporating its patent-pending performance and adventure-tested fabrics NeoClene and Lu
SIA.06: Hardgoods Turned a Few Heads Too…
While fashion certainly stole the show at SIA.06 there was no shortage of innovation coming from the hardgoods companies. Alpine Ski companies are looking at new shapes and binding interfaces to improve speed, edge control, and overall performance, while
Silva Collaborates with Olympic Biathlete Burke
Silva has collaborated with U.S. Olympic Biathlon team member Tim Burke, providing Silva Tech4O Ski Speedometer product for training and preparation for the 2006 Winter Olympics in Torino. The Ski Speedometer records information vital to Burke in his Bia
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
Cybex Sees Q4 Sales Jump 20%
Cybex International, Inc. reported net sales for the fourth quarter 2005 increased 20% to $36.0 million from $29.9 million for the same period last year. For the full year, net sales were up 11% to $114.6 million, compared to net sales of $103.4 for 2004.
SEC Sends Wells Notice to Footstar
Footstar, Inc. received a Wells notice from the SEC in connection with the Commission's outstanding enforcement proceedings into the facts and circumstances that gave rise to the company's restatement of financial results from 1997 through 2002.
Skechers Expects Strong Q4; Raises Guidance
Skechers USA raised its guidance for fourth quarter 2005 revenues to the range of $220 million to $223 million, above the high-end of the company's previous guidance of $210 million to $220 million, and $1.003-$1.006 billion for the full year. The co
Globe Reviewing Business; Utilizes Sage Group for Process
Globe International will undertake a detailed review of the business and brand assets designed to improve shareholder value. Globe has appointed investment bankers, the Sage Group based in Los Angeles, to provide advice during this process. The Chief Exec
Tennis Federation Pres Elected to IOC
ITF President Francesco Ricci Bitti was elected to the International Olympic Committee
during the 118th Session held in Turin, Italy on 10 February 2006 ahead of the XX Olympic
Winter Games.
Ricci Bitti has been President of the International Tennis Feder
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
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)…