Consumers Still Look to Price First…
Based on research conducted by BIGresearch for the National Retail Federation, consumers this holiday are still see price driving their destination and they expect to hit the stores earlier this year to get what they need. On the receiving end, consumers
Acquisitions Hide Declines at VF Corp…
VF Corp. saw “stronger-than-expected” sales from its core businesses in the third quarter and “higher–than-expected” profit contribution from the recently-acquired Nautica Enterprises, Inc. The Outdoor Coalition, which includes The North Face, JanSport a
K2 Gets Sales Benefit from Acquisitions, but Earnings Suffer…
K2, Inc. saw third quarter earnings in line with analysts’ estimates as the company reported a 140 increase in pro-forma diluted earnings per share based on the acquisition of Rawlings last year. The pro forma EPS figure was calculated at five cents for
Brunswick Q3 Net Income Surges 61% on 15% Sales Gain
Brunswick Corporation announced today a 58% increase in diluted earnings per share on a 15% sales gain and a 32% increase in operating earnings in the third quarter of 2003. Diluted earnings per share rose to $0.41 compared with $0.26 per diluted share f
Russell Looks Outside to Boost Artwear Business
Russell Corporation has elected Julio A. Barea SVP of the company and CEO for the domestic activewear business. Barea, who will officially join the company October 27, will be responsible for Russell's artwear and mass retail businesses. He will rep
Coastcast Narrows Q3 Loss on Lower Sales
Coastcast Corporation reported sales for the third quarter of 2003 were $11.0 million vs. $12.4 million. The net loss for the quarter was ($1.6 million) vs. ($4.6 million), and diluted loss per share was ($0.20) vs. ($0.60). Three directors have resigne
K-Swiss Has Another Classic Quarter; Profits Up 85%
K-Swiss saw total worldwide revenues for the third quarter increase 49.0% to $121.6 million compared with $81.6 million in the prior-year period. Domestic revenues increased 52.6% to $105.5 million and international revenues increased 29.1% to $16.1 milli
Amerex Adds Margolis as VP Special Projects
Amerex Group Inchas announced that former consultant to the company, Hank Margolis, has joined the firm as Director of Special Projects. Mr. Margolis will be working closely with Amerex Group Vice Chairman, Ira Ganger…
Wilson is Official Olympic Tennis Ball
Wilson will be the official tennis ball of the 2004 Olympic Games. The US Open Tournament Select tennis ball will be used in play for the eight day event August 15 – 22nd…
Patagonia Picks New Executive VP of Marketing and Environmental Initiatives
Patagonia has selected Rick Ridgeway as the company’s new Executive Vice-President responsible for Marketing and Environmental initiatives. Ridgeway will continue the company’s worldwide communication efforts of the Patagonia brand, not only regarding pro
Christy Sports Celebrates 45 Years
In 1958, ski boots were still made exclusively of leather. Most skis were still made of wood, and instructors debated whether Howard Heads aluminum “cheaters” had a future. Bindings didnt work very well, and the most talked-about item in ski shops across
Tango to Manufacture U.S. Olympic Apparel
Tango Inc. has entered into an agreement with Global Manufacturing Group to produce and print garments for the US Olympic Association, up to and including the 100th Anniversary Olympiad in Athens, Greece. Global has been chosen as the exclusive manufactu
JanSport and RMI Join Forces for the Guiding Season
JanSport and Rainier Mountaineering (RMI) have inked a partnership agreement in which JanSport will be the “Official backpack of RMI” for the calendar years 2004 – 2005…
Top-Flite Union Ratifies New Deal, Callaway Starts to Move Ball Ops…
Callaway Golf Company reported late Friday that its new Top-Flite Golf Company subsidiary has inked a fresh five-year collective bargaining agreement with the Boilermaker's Union Local 1851. The union represents the production and maintenance employ
Soffe is a Welcome Addition at Delta…
Delta Apparel would have doubled their fiscal 2002 results if the Soffe acquisition has been completed last year, according to company president & CEO Robert Humphreys…