Speedo Sees 1% Q1 Revenue Gain on Higher Margins
Warnaco Group's Swimwear Group, which includes Speedo, reported Q1 revenues dipped 4.6% to $95.9 million and eased 1% on a constant currency basis. Operating income slid 14.9% to $12.6 million. Group results were hurt by currency exchange rates and d
Forzani Responds to Dissident Proxy Announcement
The Forzani Group Ltd. is recommending that shareholders oppose plans announced last week by Crescendo Partners, a New York-based hedge fund, to nominate its own slate of directors for election to FGL's board of directors after the firm accumulated o
Nordica USA President Knittle Retires
Nordica USA President Andy Knittle has retired. Knittle has worked for Nordica for 30 years, the last 10 of which were in the leadership position for Nordica in the USA. Willy Booker has been named to the position of General Manager in conjunction with Kn
FIFA/Kappa Licensee Establishes Offices in New York and L.A.
Total Apparel Group, Inc., which was recently selected as the official U.S. Master Distributor of FIFA and FIFA World Cup licensed product, has opened new locations in New York and Los Angeles. In an effort to manage the sales and marketing requirements f
WNBA Point Guard Signs with Nfinity Shoes
To launch its new basketball shoe, Nfinity has partnered with WNBA sensation Tully Bevilaqua. The Indiana Fever starting point guard has signed on to exclusively wear the women’s-specific sneaker, serve as an Nfinity ambassador, and star in a photo shoot
Gildan’s Fiscal Q2 Net Plummets on Lower Sales, Weaker Margins
Gildan Activewear Inc. reported that net earnings for the company’s fiscal second quarter fell more than 83% to $7.1 million, or 6 cents per diluted share, for the period ended April 5, compared with net earnings of $42.1 million, or 35 cents per diluted
GoLite Promotes Team Members, Hires New Sales Agencies
GoLite has promoted three key team members: Andy Burgess, formerly VP of Product, is now SVP of Product, Sales and Marketing, creating a strong cohesive synergy between the different business units. Mark Flanagan, formerly European General Manager, is now
Bushnell to Acquire C’eb’e Eyewear Brand
MidOcean Partners, a middle market private equity firm, and Bushnell Outdoor Products said that Bushnell has acquired the C'eb'e eyewear brand from Marcolin S.p.A., which listed on the Milan Stock Exchange. The terms of the purchase agreement we
President Obama Praises REI’s Healthcare Efforts
While drawing laughter for saying REI “has to be fit since they're a fitness company,” President Obama praised the outdoor retailer for its commitment to providing health insurance for part-time as well as full-time employees…
Beretta U.S. Corp. Reports Q1 Sales Up 66%
On Tuesday, Beretta U.S.A. Corp. announced first quarter results. “We are extremely pleased by our commercial pistol market sales”, said Gary Ramey, Vice President of Sales & Marketing, “First quarter sales are up 66% compared to last year. All of our pis
Sports Supply Sees Fiscal Q3 Profits Rise Despite Sales Dip
Sport Supply Group, Inc. reported that sales dipped 3.1% to $63.8 million in the third quarter ended March 31 from $65.8 million in the year-ago period. Gross margin contracted a bit to 35.4% of sales, down 120 basis points from the prior year period. Ea
HEAD N.V. Extends Debt Exchange Offer
Head N.V. said its subsidiary, HTM, is extending the early tender date of its previously announced private exchange offer (the “Exchange Offer”), to exchange its outstanding EUR135,000,000 8.5% Senior Notes due 2014 (the “Existing Notes”) for its new 10%
RECALL: Dahon/REI Novara Folding Bicycles
About 11,500 Dahon and REI Novara folding bicycles have been recalled because the hinge on the handlepost can crack, posing a fall hazard. There have been 25 reports of the bicycle's handlepost hinge cracking, including one minor injury involving scr
Arc’teryx Names Denny, Ink. PR Agency of Record
Arc'teryx Equipment Inc. has named Denny, ink. as its public relations agency of record. Effective immediately, Denny, ink. will oversee all public relations initiatives in North America for the Vancouver-based company – including media relations, st
Speedo Sees 1% Q1 Revenue Gain
Warnaco Group's Swimwear Group, which includes Speedo, reported net revenues decreased 5% in the first quarter to $95.9 million and decreased 1% on a constant currency basis. Group results were adversely affected by currency exchange rates and delaye
