Gildan Activewear Fiscal Q1 Sales Up 20%; Earnings Decline on Currency Change
Gildan Activewear Inc. reported net earnings declined 21.6% to $2.9 million, or 10 cents per diluted share, for first fiscal quarter ended January 4, 2004, compared with $3.7 million, or 13 cents per diluted share, in the year-ago quarter. The decline is
Federated Makes Senior Management Changes
Federated Department Stores, Inc. announced that Ronald Klein, 55, will be returning to Macy's East as chairman/ceo division, effective February 15. The company also announced that Michael G. Krauter, 46, currently EVP/director of stores at Rich
Brunswick Sees Q4 Net Income Jump 95% on 17% Sales Gain
Brunswick Corporation reported net earnings of $39.9 million, or 43 cents per diluted share, for Q4 2003, nearly double net earnings of $20.5 million, or 22 cents per diluted share, for the year-ago quarter. BC said the 95% increase in net earnings came
adidas-Salomon 2003 Net Income Up 14% on 5.0% Currency-Neutral Sales Increase
Based on preliminary figures, adidas-Salomon saw a 5.0% improvement in Q4 sales in currency-neutral terms, but showed a 3.8% decline in Euros from € 6.52 bn ($6.2 Bn). Currency-neutral sales increased for all brands and regions, except North America. Net
Nautilus Group 2003 Net Income Falls 65% on 15% Sales Decline
The Nautilus Group, Inc. reported that fourth quarter net sales dipped 1.7% to $152.8 million from to $155.5 million for the corresponding period last year. Net income during the period fell 59.1% to $9.4 million, or $0.28 per diluted share, compared to $
Intrawest Chooses Burton
Intrawest Corporation has selected Burton Snowboards as the official supplier of snowboard rental equipment to its 10 mountain resorts, including North America's most popular mountain resort, Whistler Blackcomb, B.C., and Stratton Mountain, VT, the b
Reebok Q4 Net Income Jumps 63% on 11% Sales Gain
Reebok International Ltd. reported net income for the fourth quarter ended December 31, 2003 of $28 million, or $.44 per diluted share, an earnings per share increase of 63% when compared to net income of $16 million, or $.27 per diluted share in the four
Life-Link Reports Increased Backcountry Sales
Life-Link International, manufacturers of Life-Link Backcountry gear and distributors of Dynafit Alpine Touring gear report a very strong category sales increase in Winter 03/04 over Winter 02/03. Due to the growth of Backcountry skiing, snowboarding, ba
REI Nominates 2003 Vendor Partnership Award Winners
The annual REI awards program recognizes three key vendors and one overall Vendor Partner of the Year for efforts that have built a strategic and successful relationship with REI. REI's three merchandising divisions – Action Sports, Outdoorwear , an
New Balance Sponsors Track and Field Center at the Armory in NYC
New Balance Athletic Shoe, Inc. has entered into a new multi-year exclusive sponsorship agreement with The Armory in upper Manhattan, becoming its first-ever title sponsor.
As a result, the building will be renamed the New Balance Track & Field Center at
Big Dog Acquires The Walking Company
Big Dog Holdings, Inc. has agreed to acquire The Walking Company for cash, debt and equity securities in excess of $15 million. The Walking Company markets products through more than 70 retail store locations with total annual sales of $65 million…
Frisby Wins First Round in Outlast Infringement Action
FRISBY TECHNOLOGIES, INC. announced that its Motion for Partial Summary Judgment on Non-Infringement in its outstanding litigation with OUTLAST Technologies, Inc. was granted on January 14th, 2004 by United States Magistrate Judge B.N. Boland.
GNC Names Woodruff Salesman of the Year
Greg Norman Collection has named Bo Woodruff 2003 Salesman of the Year for the brnad. Woodruff, a 30 year veteran of the apparel industry, handles Arizona and Nevada for the company and has represented the Greg Norman Collection for the past seven years.
LaCrosse Footwear Elects Wally Smith to Board
LaCrosse Footwear, Inc. has elected of Charles W. (Wally) Smith to its Board of Directors. Smith, former CEO of Recreational Equipment, Inc., will begin serving on the seven-member Board of Directors effective immediately…
Swartz Family to Sell Off 6.5 Million TBL Shares
The Timberland Company announced that the Company has filed a Form S-3 shelf registration with the Securities and Exchange Commission (SEC) registering the resale of up to 6,522,441 shares of the Company's Class A common stock by certain TBL sharehol