Gen-X Names Two Execs; Inks Field and Stream License
Gen-X Sports Inc., a wholly owned subsidiary of the Forzani Group Limited, announced that John Jensen has joined the company as SVP of Purchasing. Mr. Jensen brings twenty four years of experience in the footwear industry. Bill Dey has joined Gen-X as SVP
LaCrosse Q2 Sales are Flat; Back in the Red
For the second quarter of 2004, LaCrosse reported consolidated net sales of $18.6 million, up slightly from $18.58 million in the second quarter of 2003. consolidated net loss was $237,000, or $0.04 loss per share, in the second quarter of 2004, compared
Warnaco Swings to Profitability as Q2 Sales Climb 4.0%
The Warnaco Group second quarter net revenues increased to $332.1 million compared to $319.3 million for the second quarter of fiscal 2003. The Company saw solid revenue gains in both its Swimwear and Sportswear Groups, which were partially offset by a d
Big 5 Net Income Climbs 19% on 8.5% Sales Increase
Big 5 Sporting Goods second quarter, net sales increased 8.5% to $184.5 million from $170.1 million in the second quarter of fiscal 2003. Same store sales increased 3.9% versus the same quarter last year, representing the company's 34th consecutive
Boreal Terminates U.S. Distribution Agreement
Calzados Boreal has terminated their the US Distribution agreement between Boreal and The Ralph Libonati Company (RLC) by mutual agreement. Boreal would like to thank RLC for their work and dedication during the last two seasons and wishes the best to RLC
Dorel Posts 11.3% Increase to Earnings; Pacific Cycles’ Division Revenues at $102 Million
Dorel Industries second quarter 2004 net earnings increased 11.3% to $18.1 million or 55 cents per share compared with $16.3 million or 50 cents per share earned in 2003. Revenues for the period were $403.5 million compared to 2003 Q2 revenues of $264.7 m
Warnaco Inks Deal to Acquire Ocean Pacific
The Warnaco Group has entered into a definitive agreement to acquire Ocean Pacific Apparel Corp. from Burlingame, California-based Doyle & Boissiere Fund I, LLC, for $40 million in cash and the assumption of $1 million in debt. The agreement also provides
John Georger Joins Felt Racing
John Georger will be joining Felt Racing as its East Coast General & Sales Manager. John comes to Felt with extensive bicycle industry experience, most recently as the National Sales Manager for Giant Bicycle. Prior to his tenure at Giant, John was East
Gildan Fiscal Q3 Earnings Rise 20% on 17% Sales Increase
Gildan Activewear reported record net earnings of U.S. $26.2 million or U.S. $0.88 per diluted share for the third quarter, up 20.2% and 20.5% from U.S. $21.8 million or U.S. $0.73 per diluted share a year ago. Sales in the quarter were U.S. $168.4 millio
adidas-Salomon Gets North America Lift in Q2; Raise Full Year Guidance
Total adidas-Salomon Group sales improved by 5% in the second quarter to €1.47 billion ($1.77 bn) from €1.39 billion ($1.58 bn) in the second quarter of 2003. Gross margin increased 370 basis points to 48.4% of sales from 44.8% in the prior year. Net inco
Action Optics becomes Smith Action Optics
Smith Optics has decided to give its 'Action Optics' brand a name change. Beginning this fall, Action Optics will be called Smith Action Optics, and will become a premium polarized collection under the Smith brand. The new branding is intended
Cybex Nets $7.25 Million in Private Placement
Cybex International has entered into definitive agreements with new institutional investors for the sale of 2,430,000 shares of the Company's Common Stock, for aggregate gross proceeds of approximately $8.0 million. After commissions and offering exp
SGMA: Inline Still Leads Extreme Sports Participation
According to SGMA International's analysis of the current Superstudy® of Sports Participation, extreme sports are an established trend and here to stay. Inline skating led all extreme sports cateogories with 19.2 million par
Adams Golf Q2 Net Up 40% on Stronger Irons, Fairway Woods Sales
Adams Golf reported that total net sales increased 12.0% to $19.7 million for the three months ended June 30, 2004 from $17.6 million for the comparable period of 2003. Net sales of drivers decreased 8.8% to $3.1 million, while net sales of irons increase
Phoenix Swings to Q2 Profit on Flat Pro Forma Sales
Phoenix Footwear Group, Inc. reported that net sales for the second quarter ended June 26, 2004 increased 83.7% to $13.9 million from $7.6 million for the second quarter of 2003. Net sales for the current period include $134,000 of royalty income compared