NexCen Breaks Even in Q3 on 28% Sales Increase
NexCen Brands, Inc. total revenues increased 28% from Q2 2007 to $11.3 million. Operating income increased 85% from Q2 2007 to $2.6 million. Net Income of $117,000 or 0 cents per share compares to a net loss of ($245,000) or one cent per share in Q2 2007.
DSW Third Quarter Comps Slip 3.0%
DSW Inc. reported net sales for the thirteen-week quarter ended November 3 increased 11% to $367.4 million compared with $332.2 million for the year-ago period ended October 28, 2006. Same-store sales decreased 3.0% for the comparable thirteen-week perio
Puma Q3 Sales Decline but Futures Looks Brighter
Puma AG reported that third quarter consolidated sales were €670 million, down 4.1% from €699 million ($892 mm) in the 2006 third quarter when measured in Euro terms, or down 0.5% when measured on a currency-neutral basis. By segments, footwear decreased
Kellwood Creates New Strategic Plan
Kellwood Company will be launching a new long-term financial plan. The company's five-year strategy focuses on reinvigorating its legacy businesses, expanding into higher profile, better and above price point brands, connecting more directly with con
SoCal Wildfires Should Have Little Effect on Industry…
As wildfires stoked by abnormally strong Santa Ana winds ravaged the Southern California interior over the past two weeks, the sporting goods industry looked to the Action Sports and Golf markets, where many industry companies have headquarters in the re
Dragon Gives a Boost to Oakley’s Third Quarter…
As Sport Executive Weekly reported two weeks ago, Oakley, Inc. saw 25% sales growth (see SEW_0743) in Q3 with its subsidiary Dragon Optical providing “solid growth.” In an exclusive interview with SEW, Dragon’s Scott Sorensen, director of marketing, rep
Nautilus, Inc. Adopts Shareholder Rights Plan
Nautilus Inc. said its board adopted a shareholder rights plan, a provision that would make hostile takeovers difficult. An acquisition of 20% or more of its outstanding shares without the board's approval would trigger the rights plan…
SIA Moves Trade Show to Denver for 2010…
SnowSports Industries America (SIA) will move its annual trade show to Denver from Las Vegas starting in January 2010. SIA has signed an agreement to hold the event in Denver for ten years. Speaking to BOSS , Bob Gundram, who is chairman of SIA's tr
OIA Keeps Momentum Going on Capitol Hill…
Representatives from Outdoor Industry Association, REI, Columbia Sportswear, VF Outdoor/The North Face, REI, Scent-Lok Technologies, W.L. Gore and Associates and General Electric/eVent spent two days on Capitol Hill this week. The main item on the agenda
Danish Football Federation Extends Deal with Adidas
Adidas has extended its sponsorship deal with the Danish Football Federation (DBU) until 2012. The deal includes using Adidas equipment and jerseys for the 13 national teams including the men's and women's teams. The agreement did not include fo
Hi-Tec Chairman Appoints Son as GM
Frank van Wezel, Hi-Tec's chairman, promoted his son Edward to General Manager. Edward van Wezel, 30, has worked at HI-TEC in various roles since 1999 and his new role will see him working closely alongside his father in the day-to-day running of Hi-
Perry Ellis to Manage Gotcha Brand in Europe
Perry Ellis International, Inc. and Quiksilver Europe, a division of Quiksilver Inc., announced their mutual agreement regarding a change in licensing rights for the GOTCHA brand in Europe. As of November 1st 2007, Perry Ellis will handle the development
Patagonia, prAna, REI, Nike and Timberland Earn Green Honors
Patagonia, prAna, REI, Nike and Timberland were ranked among the top ten retail frontrunners in leading the way toward sustainability at retail, according to Juice Energy, an electricity supplier with a focus on renewable sources. Others making the list w
Broder Bros. New Distribution Center Up and Running
Broder Bros., Co., continued its distribution center expansion program by opening a new 415,000 square foot facility in Lewisberry, PA., less than 10 miles from Harrisburg…
ForeFront Names Harris As CEO
ForeFront Holdings, Inc. appointed J. Stan Harris as chief executive officer of ForeFront Group. Harris previously directed all disciplines of operations, finance, sales and marketing, human resources, risk management and information technology as preside
