Asics Q1 Rides non-Japan Gains…
For the first quarter ending June 30, Asics Corp. saw net sales increase 21.3% to ¥51.7 billion ($452.8 million) from ¥42.6 billion ($396.5 million) last year. Gross margin for the company improved 280 basis points to 45.8% of net sales from 43.0% during
New Balance Acquires Brine…
New Balance has acquired Brine, Inc. for an undisclosed amount. Jim Davis, Chairman and CEO for New Balance said that the acquisition will allow the company to broaden its product offering on a global scale. This will also give New Balance a much larger f
Amer Boosted by Outdoor, Team, and Racquet Sports
Amer Sports continues to focus heavily on the integration of Salomon and the restructuring of the French company’s different manufacturing facilities. The company continues to be on-schedule with these initiatives, but there is still much work to be done.
Danner Lands U.S. Marine Boot Contact…
LaCrosse Footwear’s Danner subsidiary has been awarded an indefinite delivery/indefinite quantity contract to produce the Mountain Cold Weather Boot designed for the U.S. Marine Corps. The contract could span up to five years and anywhere between 500 and
OR Summer Market – Another Successful Show…
The weeks leading up to OR Summer Market are generally full of anticipation, tight deadlines, and frayed nerves. This year, these effects were multiplied by the fact that OR celebrated its 25th birthday, extended the outdoor demo to two days, expanded the
Nike Extends NFL Footwear Agreement
The National Football League has extended its agreement with Nike for the sporting goods giant to continue as an authorized supplier of NFL footwear. An NFL partner since 1995, Nike will continue to supply NFL players with branded footwear for use in game
Pacific Sunwear Sees Income Drop in Q2
Pacific Sunwear of California, Inc. reported total sales for the second quarter of $313.7 million, an increase of 1.5% from $309.1 million last year. Second quarter net earnings were 14 cents per diluted share, down from 28 cents per share last year. Net
G.I. Joe’s Names Vendor; Rep of Year
Recognizing a successful partnership and dedication to provide high quality footwear to running enthusiasts throughout the Pacific Northwest, G.I. Joe’s named Asics, Inc. of Irvine, California as its 2006 Vendor of the Year. In addition, Doug Williams of
Sara Lee Apparel Shrugs Off Sales Dip to Post Income Gains
For the fourth quarter of fiscal 2006, Sara Lee's soon-to-be-spun-off Branded Apparel division reported net sales of $1.13 billion, down 2% from last year. Operating segment income increased 57% in the fourth quarter to $98 million, compared to $62 m
Miller Joins Cloudveil Sales team
Cloudveil hired Blaine Miller, Pinnacle Sales NW, Inc., to cover the sales territory of Washington and Oregon…
Camelbak Grabs Market Share with New Bottle
With only 90 days under its belt, the CamelBak Bottle has exceeded a 10% market share in U.S. specialty retail stores, according to the company. The success of the launch has spurred retailers to place multiple reorders sooner than expected. The CamelBak
Springboost Names VP/GM; Adds to Sales Force
Springboost has expanded its sales rep force. Newly added to the team are Julie Hasson and Paul Tobin of H & T Sales, Cartledge, Jerry Panowicz, Ken Geisinger, and Keith Frank. In addition, the company added a new VP and General Manager, Kevin Johnson,
Nautilus Sees Q2 Sales Slower than Expected…
Nautilus experienced softer-than-expected consumer demand that made Q2 sound like a bit of a roller coaster ride for management. Company Chairman & CEO Gregg Hammann said, “There were days where it looked like we were going to have an unbelievable quarter
Sporting Goods Sales Detract from Everlast’s Q2 Revenues…
Everlast Worldwide Inc.’s second quarter net revenues were down 4.9% to $9.8 million from $10.3 million in the same period in 2005. Net licensing revenues for the quarter increased 3.4% to $3.0 million from $2.9 million last year. Revenues from sporting g
Berkshire Hathaway Completes Russell Corp. Deal…
At a special stockholder’s meeting on August 1, shareholders of Russell Corp. approved of the acquisition that will see Russell become a subsidiary of Fruit of the Loom, Inc., itself a subsidiary of Berkshire Hathaway Inc. The $18.00 per share selling pri
