Delta Apparel Posts Sees Decline in Net Income Despite Rise in Net Sales
Delta Apparel, Inc. saw net sales jump 8.9% to $107.9 million for the first fiscal quarter ended Oct. 2 from $99.1 in the prior-year period. However, DLA saw a considerable 38.5% decline in net income, dropping to $1.6 million, versus $2.6 million, in the
Iconix Sports Brands Growing at Wal-Mart
Iconix Brand's three core sports brands – Starter, OP (Ocean Pacific) and Danskin Now – are growing nicely at Wal-Mart despite an overhaul of the giant discounter's merchandising team…
Garmin Acquires Distributor
In a recent acquisition, Garmin purchased full rights to Belanor AS, the distributor of Garmin’s automotive, outdoor recreation, fitness and marine products in Norway, for an undisclosed sum…
REI Bulking up in New York City Region
REI plans to open stores in Yonkers, N.Y., Carle Place, N.Y. and Paramus, N.J. in the spring of 2011, increasing to five the number of stores it has in the New York City metropolitan area and setting the stage for more head-on competition with Eastern Mou
The Nielsen Company to Refinance $330M in Debt
The Nielsen Company B.V., owner of the Outdoor Retailer and Interbike trade shows, disclosed plans to refinance debt due 2014 through the issue of $330 million in notes in a private transaction that will lower its interest rates by 100 to 225 basis point
ATK Receives More than $200 Million in Orders for Small-Caliber Ammunition
ATK has received additional orders for small-caliber ammunition under an Indefinite Delivery Indefinite Quantity contract with the U.S. Army Contracting Command, Rock Island Contracting Center, according to a company-issued press release…
Hanesbrands Completes Acquisition of Gear For Sports
Hanesbrands Inc. has completed its acquisition of GearCo, Inc., known as Gear For Sports, a seller of licensed logo apparel in collegiate bookstores and other channels…
Delta Apparel Sees 8.9% Climb in Q1 Sales
Delta Apparel, Inc., the parent of M.J. Soffe, reported sales increased 8.9% in its first quarter ended Oct. 2, to $107.9 million. Net income declined 38.5% to $1.6 million, or 19 cents a share, from $2.6 million, or 30 cents, a year earlier…
Amer Sports Names CFO to Replace Paalanne
Amer Sports' Senior Vice President, Finance Jussi Siitonen has been appointed CFO of Amer Sports as of Jan. 1, 2011 to replace the current CFO and Executive Vice President Pekka Paalanne, who will retire…
Nike to Launch Online Golf Community
Nike Golf is set to release a new digital golf community labeled as — The Grind. On Nov. 1, 2010, golfers will be able to join The Grind via www.nikegolf.com and connect with other golf athletes in hopes of improving their performance…
Pacific Sunwear’s Marketing Chief Exits
Pacific Sunwear Inc. said that on Oct. 25, Robert Cameron's employment with the company had “ended,” according to a filing with the Securities & Exchange Commission. In January 2010, Cameron joined the company as senior vice president of marketing…
Amer Sports Sales Grow 14% in Third Quarter
Amer Sports Corp., which owns the Salomon, Suunto and Wilson brands, improved both its top and bottom line in the third quarter ended Sept. 30. The Finnish sporting goods company reported that net sales increased by 5% to €466.9 million ($602.4 mm)
Blacks Leisure Takeover Talks Continue, Losses Narrow
Blacks Leisure, the outdoor retailer based in the United Kingdom, said takeover talks with several parties continued while reporting that it's first half pretax loss narrowed and that it had suspended its interim dividend…
Fortune Brands Sees Golf Sales Drop 4.8%
Titleist parent, Fortune Brands, Inc., saw a 4.8% dip in the Golf segment, while the company sought expansion in key Asian markets. The company's full-year outlook for Golf segment now shows a low-single-digit rise…
Unifi Q1 Net Sales Grow 22%
Unifi, Inc., a major supplier of recycled polyester to outdoor apparel brands, said net income for the first quarter ended Sept. 26, 2010. was $10.2 million or 17 cents per share compared to net income of $2.5 million or 4 cents per share for the prior ye
