SGB Executive

Timberland Feeds Off Int’l Gains in Q3…

Timberland saw a larger portion of its sales come from the International segment market in the third quarter, thanks in large part to FX rates shifts in currency. The Consumer Direct business — while lagging the growth rate of the Wholesale business – w

K2 Inc. Keeps the Machine Moving as Acquisitions Start to Pay Off…

K2 Inc. was reaping the benefits of their marketing initiatives in the SnowSports industry in the company’s third quarter, as sales increased 98.5% to $333.5 million year-on-year and net income jumped almost 300%. KTO shares jumped 6.5% for the week to c

Acushnet Takes Dip in Q3; Looks to New Products to Lift Margins…

Fortune Brands management said the company’s Acushnet golf business, which includes the Footjoy, Cobra, Titleist, and Pinnacle brands, reported third quarter golf sales dipped 2.0% to $269.6 million versus $275.2 million in the year-ago period…

Kryptonite Parent Company Takes $10 Million Hit from Lock Snafu…

Ingersol Rand, parent company to Kryptonite Locks, took a $10 million write down in conjunction with the BIC pen issue reported last month in SEW_0438. Operating margins for the company’s Safety & Security segment declined from 21.2% of sales in Q3 2003 t

Fireman Looks to Re-Inject Energy into Reebok…

Perhaps it was the Red Sox coming back to crush the Yankees in the ALCS, or perhaps it was the renewed vigor he now feels he has to attack the business after his heart bypass surgery two years ago. Whatever the reason, Paul Fireman feels he has the energ

Speedo and USA Swimming Extend Contract

Speedo and USA Swimming have extended their 20-year partnership through 2012. This unprecedented eight-year extension will enable the two organizations to maximize the sport’s long-term marketing efforts following a surge in popularity resulting from this

Huffy Corp. Files Chapter 11; Fights to Stay Alive…

Huffy and all of its subsidiaries have filed for voluntary protection under Chapter 11 of the U.S. Bankruptcy code citing liquidity issues, significant operating losses associated with portions of its former Canadian operations, increasing public company

LaFuma Gets International Boost…

Lafuma reported that sales for the fiscal year ended September 30 increased a modest 2.0% to €180.0 million ($219.1 mm) compared to €176.4 million ($191.2 mm) last year. LaFuma overcame a drop-off in its key French market with a 15.2% increase in footw

VF Outdoor Coalition Finds Balance in Q3 Growth…

If you pulled a Rip Van Winkle and went to sleep ten years ago and awoke just this last week, you would probably think that you had done so in some sort of bizarre world where VF Corporation, which relied on selling jeans to the value market and intimate

Billabong Ups Fiscal 2005 Outlook; Snags SoCal Retail Chain…

Billabong International has raised its profit guidance for the fiscal year ended June 30, 2005. The company now expects profit growth to reach 30% for the current year, up 50% from its initial estimate of 20% growth, saying it was “unduly conservative”.

Judge Allows Suit Against Cabela’s…

A state District Court judge in Texas last week ruled that a taxpayers group may proceed with a lawsuit challenging Fort Worth's tax incentive package for Cabela’s, Inc. The Fort Worth Citizens for Responsible Government filed suit in September, cha