Confluence Sells Trimaran Business…
Following its acquisition of Watermark, Confluence Holdings decided to focus on its core paddlesports segment and sell-off its WindRider brand of Trimarans. Following this decision, Don Maxwell, a WindRider sailing enthusiast, formed WindRider, LLC and ma
Gramicci Back with New Owners, Management…
Following Chapter 7 bankruptcy proceedings involving its parent company, Gramicci has undergone a restructuring process that replaced the company’s sales force, outsourced the majority of its production, and restructured the majority of the company’s back
Six Elected to Sporting Goods Hall of Fame
The Sporting Goods Industry Hall of Fame Committee has elected six new Hall of Famers. Alan Cohen, The Finish Line, Inc.; the late Dave Koch, New Era Cap Co.; Don Pfau, Sports, Inc.; Joachim Schroeder, retired from Karstadt Sports (Germany); Jim Soffe, M
Fila Appoints Managing Director of European Operations
Fila has announced the appointment of Stefano di Martino to managing director of European operations. The Milan-born visionary has an extraordinary track record for critical business growth and development. His recent tenures at HTM Italia and Nike showca
LaCrosse Q3 Income Drops 35.9% as Sales Fall 10.1%
LaCrosse Footwear, for the third quarter of 2005, reported consolidated net sales of $31.0 million, compared to $34.5 million in the third quarter of 2004. Sales to the outdoor market were $18.9 million for the third quarter of 2005, up 1% from $18.7 mill
Icebreaker’s U.S. Sales Growth Prompts Record Wool Purchase…
Following a 42% increase in its dealer base and 300% sales growth for the fall season in the U.S. market, Icebreaker inked a deal with New Zealand merino wool farmers to purchase over four million pounds of merino wool over the course of three years. The
GSIC Postpones Q3 Reporting Due to Accounting Errors; Sees Wider Q3 Loss
GSI Commerce has postponed the release of its fiscal 2005 third quarter operating results and conference call, but did issue preliminary estimated fiscal third quarter results and issued updated 2005 fiscal year guidance. Net revenues for the fiscal 2005
Callaway Narrows Q3 Loss on 72% Sales Jump
Callaway Golf Company reported that net sales for the third quarter increased 71.7% to $220.6 million, compared to $128.5 million in the third quarter of 2004. The company narrowed the net loss for the period to a net loss of $4.8 million, seven cents per
Volcom Posts 38% Revenue Increase, Sees Taxes Hurt Bottom Line
Volcom, Inc. announced that for the third quarter ended September 30, 2005, total revenues increased 38% to $51.2 million, compared with $37.2 million in the third quarter of 2004. Gross profit as a percentage of total revenues increased to 51% for the th
PUMA and FIFA in Settlement Over Cameroon Kit
FIFA and PUMA have reached an out-of-court settlement in their legal dispute over Cameroon's one-piece playing kit. FIFA had previously fined Cameroon for wearing the uniforms during the African Cup in 2004, ruling that all teams must wear a separate
Skechers Doubles Bottom Line on 5% Sales Increase
Skechers net sales for the third quarter of 2005 rose 5.9% to $272.8 million compared to $257.7 million for the same period in 2004. Third quarter 2005 net earnings were $12.6 million versus net earnings of $6.0 million in the third quarter of the prior y
Rocky Sees Q3 Sales Boosted by EJ Acquisition
Rocky Shoes & Boots, Inc. announced that net sales for the three months ended September 30, 2005, increased 88.0% to a record $94.1 million from $50.1 million for the corresponding period a year ago. Net income rose to a record $6.5 million from $4.9 mill
Dunham Adds New Product Manager
Dunham hired Chris Arsenault as Men's Casuals Associate Product Manager. Arsenault comes to the outdoor performance brand with two years of experience in the athletic and sporting industry. As Men's Casuals Associate Product Manager, Arsenault w
Cybex Reports Q3 Sales Increase 7%; Income Falls to Red
Cybex International, Inc. reported net sales for the third quarter of 2005 were $26,690,000, compared to $25,038,000 for the corresponding 2004 period, an increase of 7%. the company reported a net loss for the third quarter 2005 of $3,535,000, or 23 cent
Garmin Sees Q3 Revenues Increase 30%
Garmin Ltd. announced revenue for the third quarter ended September 24, 2005 increased 30% to $251.3 million from $193.6 million in the year-ago quarter. Net income increased to $102.5 million, or 94 cents diluted earnings per share, compared to $67.1 mil
