Ashworth Sees Charge to Shed Suit; Gekko Helped Top and Bottom Line…
At first glance the Ashworth bottom line numbers for their fiscal third quarter ended July 31 would have you concerned about the health of the business. However, a $3.0 million pre-tax charge related to a tentative settlement of a five-year-old securitie
Riddell Acquires New Impact Monitoring Technology
Riddell Sports Group has acquired a new impact monitoring system called the Head Impact Telemetry System, or HIT System(TM), from Lebanon, NH, based Simbex LLC. The acquisition will enable Riddell to continue to be the technology leader in protective equi
Ryders Hires Former Oakley Manager as US Sales Manager
Ryders Eyewear has appointed Mitch Heiner to the position of US Sales Manager. Heiner will be managing all sales responsibilities for the current 15 Ryders Eyewear US markets as well as leading the charge into new territories. He will be based in Misson
RFA Media and Golite Renew Partnership for Adventure Sports magazine’s Mobile Tour
GoLite renewed their agreement to remain one of the major sponsors of Adventure Sports magazine's Mobile Tour next year. RFA Media is expanding the Mobile Tour to stop at over 100 events in 2005.This year's highly successful Tour is traveling to
Forzani Q2 Earnings Down a Third on Huffy Charge, Comp Sales Decline
The Forzani Group Ltd. reported net earnings for the fiscal sesond quarter ended August 1 were C$2.6 million, or 8 cents per diluted share, versus C$3.9 million, or 12 cents per diluted share, in the year-ago period. FGL took a four cents write-down of a
Quiksilver Fiscal Q3 Net Up 64% on Stronger U.S., Asia Sales
Quiksilver, Inc. reported that consolidated revenues for the fiscal third quarter ended July 31, 2004 increased 34% to $337.9 million from consolidated revenues of $251.5 million in fiscal Q3 2003. Consolidated net income for Q3 increased 64% to $19.5 mil
G-III Sales Fall 3.1% in Fiscal 2005 Second Quarter
For the three-month period ended July 31, 2004, G-III reported net sales of $43.9 million and a net loss of $1.7 million, or 23 cents per share, compared to net sales of $45.3 million and net income of $2.7 million, or 37 cents per diluted share last year
Ashworth Sales Climb 12.8%; Income Falls 76.2% on Settlement Charges
Ashworth's consolidated net revenue for the third quarter ended July 31, 2004 increased 12.8% to a record $42.8 million as compared to $38.0 million for the third quarter of 2003. Consolidated third quarter net income was $0.5 million or $0.04 per di
Russell Corp. Fills CFO Spot
Russell Corporation has named Robert D. Koney, Jr. chief financial officer for the company. Koney, 47, will be responsible for all corporate financial areas as well as investor relations. He will join the company September 15 and it is anticipated that he
Cutter and Buck Triples Fiscal Q1 Profits on 2.6% Sales Decline
Cutter & Buck, Inc. reported that net sales for the fiscal first quarter ended July 31 declined 2.6% to $31.9 million from $32.7 million in the year-ago period. Gross margin expanded 440 basis points to 49.4% from 45.0% in fiscal Q1 last year. Net incom
Shoe Carnival Makes Senior Management Promotions
Shoe Carnival, Inc. has announced several important executive promotions. W. Kerry Jackson has been promoted to EVP/CFO and Tucker Robinson has been promoted to VP/DMM, Athletics. Greg Brown has been promoted to SVP, North Division Manager and Steve Mey
G.I. Joe’s Names Under Armour Top Vendor
Citing a true partnership for sales growth, which included a commitment to new in-store fixtures, on-time deliveries and new product introductions, Norm Daniels, President and CEO of G.I. Joe's, named Under Armour, Inc. of Baltimore, Maryland as its
Sport Haley Chairman R.G. Tomlinson Passes Away
Sport-Haley, Inc. announced Wednesday that Robert G. (“R.G.”) Tomlinson, Chairman of the Board of Directors, passed away Wednesday morning after an extended illness. Mr. Tomlinson had been suffering from various respiratory ailments…
Mitchell and Ness Spices Up NBA Offering in New Agreement
Mitchell & Ness has formed a multi-year licensing agreement with the National Basketball Association. As a key partner in establishing the NBA’s Hardwood Classics line of retro merchandise, Mitchell & Ness will expand its selection of retro jerseys. For
New Balance Adds More Reebok Vets to Team Effort
New Balance Athletic Shoe is expanding its focus on Team Sports, with the recent hire of two associates, Larry Brady as Team Sports Sales Manager and Kent Richard as Associated Product Manager, Cleated Products. They join John Morgan in rounding out New