American Skiing Company Q2 Revenues Inch-Up; Skier Visits Down
American Skiing Company's consolidated revenue was $106.1 million for the 14 weeks ended January 30, 2005, compared with $103.0 million for the 13 weeks ended January 25, 2004. Net loss for the 14 weeks ended January 30, 2005 was $22.1 million, or 70
Johnson Outdoor Responds to Dolphin Limited Partnership
The Special Committee of the Board of Directors of Johnson Outdoors issued the following statement in response to a letter it received from Dolphin Limited Partnership I, L.P. regarding the Company's proposed merger with JO Acquisition Corp:We bel
Kelty Hires Peter Novak as Director of Sales
Kelty has hired Peter Novak as their new director of sales. With a rich background in the specialty outdoor market, Novak will become the primary sales strategist for the company. Previously, Novak was the vice-president of sales for Mountainsmith. While
Yue Yuen’s Q1 Sales Climb; Profits Shrink
Yue Yuen's sales increased 15.8% year-on-year to $746.4 million and net profit fell 17.9% year-on-year to $77.1 million. However, when not taking into account the $23.4 million contribution from disposal of investment securities for the corresponding
Top Flite Makes Sales and Marketing Appointments
The Top Flite Golf Company announced new additions to its marketing and sales team. Jamie Bosworth, vice president of marketing & sales has named Bob Arnold, Director of Marketing, Ben Hogan; Kevin Martin, Director of Insides Sales & Customer Service; Den
Glass Lewis Recommends Shareholders Vote For JOUT Merger
Johnson Outdoors Inc. announced that Glass Lewis & Co., a leading independent proxy advisory firm, has recommended that Johnson Outdoors shareholders vote FOR Johnson Outdoors' proposed merger with JO Acquisition Corp. at the Company's special s
Outdoor Retail Has Positive 2004…
The retail environment seems to be quite healthy for many of the major outdoor specialty chains, although the competitive environment is heating up at the same time. Brick and mortar retailers who are successfully integrating the Internet and catalog sale
Specialty Leads the Alpine Market; Snowboard Looks to Chains for Growth…
According to the SIA Retail Audit, sales for the entire winter sport market were up 2.8% in dollars to $1.76 billion for the August 2004 through January 2005 period, compared to $1.71 billion reported for the same period last year. Unit sales were down 7.
Cutter and Buck Narrows Fiscal Q3 Loss…
Cutter & Buck reported a $523,000 pre-tax loss for its ongoing wholesale business for the fiscal third quarter ended January 31, compared to a pre-tax $40,000 profit in the year-ago period. Management attributed investments in computer systems and expens
Lotto Takes Over China License…
Lotto Sport Italia reported last week that its previous licensing agreement with Lightening Star Corporation for China, Macau, and Hong Kong has terminated. A new trading company – a subsidiary of Lotto Sport Hong Kong – will control two companies that w
Orange 21 Sees Some Legal Action…
Orange 21 has reportedly received a cease-and-desist letter from Oakley with respect to patent and trademark issues involving three of its product styles. In a press release, Orange 21 stated that upon review of the claims, the company believes them to b
Thule Shows Solid Q4 Gains…
Thule finished off a strong fourth quarter, its first under new ownership with Candover Partners. Sales for the quarter increased 44.0% to SEK 615 million ($88.5 million) compared to SEK 427 million ($56.4 million) in 2003. Profitability improved at clos
DSW Customer Credit Info Stolen…
Retail Ventures, Inc. learned late last week of the theft of credit card and other purchase information from a portion of DSW Shoe Warehouse customers that shopped at 103 DSW stores, primarily during the last three months. Any customer information provide
Shoe Carnival Starts to See the Payoff…
Shoe Carnival, Inc. CEO Mark Lemond is starting to see his team’s strategy start to bear fruit as the family footwear retailer posted solid back-to-back monthly comp store sales gains for the last two months. Net sales for Q4 increased 7.2% to $143.9 mil
Quiksilver Fiscal Q1 Net Income Gets Nice Asia Pacific Lift…
Quiksilver's net revenues for the fiscal first quarter ended January 31 increased 33.6% to $342.9 million, from $256.1 million in the year-ago quarter. Excluding the addition of DC Shoes in the quarter, revenues increased approximately 22.6% for the
