The Sports Authority Becomes Sole Retailer of Sims Brand…
The questions about the fate of the Sims snowboard brand after it was acquired by Collective International, LLC in late July were answered this week as the company announced that it had signed an exclusive Master License agreement for the brand with The S
GSI Growing Business, Bottom Line Still Red…
GSI Commerce Inc. beat the high end of its revenue guidance for the third quarter as well as the guidance it gave for the bottom line, but still posted a net loss. The company also announced on a conference call with analysts that it has an “unnamed sport
Boa Tech Adds Footjoy to Partner List…
Boa Technology made golf its most recent category venture as it unveiled a partnership with FootJoy in the ReelFit golf shoe. Since 2001, Boa Technology has been used on snowboard boots, athletic shoes, skates, cycling shoes, wakeboard boots, hunting boot
Escalade Sports Looks Outside Mass Channel for Growth…
The Escalade Sports division of Escalade, Inc. reported an increase of 4.5% in net sales for the third quarter to $52.0 million from $49.7 million last year. Operating income at the division, however, decreased 28.4%, while net income dropped 51.7% to $2.
Outdoor/Snow Sports Deal Flow Heats Up Again…
While the paddlesports industry saw a series of acquisitions last month, the deal environment became more active than it has been for nearly a year this week, with four acquisitions – three of which have a direct impact on the Bicycle, Outdoor, and SnowSp
K2 Inc. Keeps the Deal Machine Rolling as Integration Bears More Fruit…
K2 is beginning to see its model come together with some strong synergies on the winter hardgoods and apparel side that are having a very positive impact on the bottom line. After several quarters of integration, a new apparel distribution facility, and a
Unifi Q1 Loss Widens; Acquires Dillon Yarn Division…
Unifi’s fiscal first quarter net sales from continuing operations slipped 7.2% to $169.9 million compared to $183.1 million for the prior year’s September quarter. The textile company’s net loss from continuing operations for the quarter was $11.0 million
Timberland Third Quarter Sales and Earnings Decline
The Timberland Company third-quarter net income was $51.9 million and diluted earnings per share was 82 cents, compared with third-quarter 2005 net income of $69.2 million and diluted EPS of $1.02. Third-quarter revenues were down slightly as gains in new
Fortune Brands Q3 Top Line Growth Boosted by Titleist
Fortune Brands, Inc. reported net sales increased 23% and diluted earnings per share from continuing operations increased 88% to 98 cents per diluted share, from 52 cents in the year-ago quarter. On a comparable basis – assuming the company had owned acq
Langford Names VP of Sales at Nordica
Kirk Langford has been named Vice President of Sales for Nordica USA. Langford has extensive ski industry experience, most recently as the Executive Vice President of Marker USA. During his 19 year tenure at Marker, Langford was instrumental in contributi
Unifi Fiscal Q1 Sales and Income Fall
Unifi, Inc.'s net income for the current quarter, including discontinued operations, was a net loss of $11.1 million or 21 cents per share compared a net loss of $3.1 million or 6 cents per share for the prior September quarter, which included $1.9 m
Genesco Names Dennis as President and COO
Robert J. Dennis, current COO of Genesco Inc., has added president of the company to his title. In addition, Dennis was elected a director of Genesco. Dennis was named executive vice president and chief operating officer of Genesco in October 2005. He had
Gramicci Expands Sales Organization
Gramicci's is hiring four new sales reps to help sustain momentum it says it has gained since launching a branding effort at OR Sumemr Market. David Vietze has joined Gramicci as the New England rep, Jared Levine will join Gramicci as southern Cali
adidas Launches MLS Marketing Campaign
adidas launched a new interactive marketing campaign titled 'MLS Mash-up' centered around the 2006 Major League Soccer (MLS) Cup playoffs. Produced by EVB, the MLS Mash-up campaign pairs each MLS playoff team with a local
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Thule Lays Off SportRack Manufacturing Employees
Thule will lay off 33 employees, the majority of which work in production, at its SportRack facility in Granby, Quebec, Canada. The decision to downsize is due in part to plans to transfer some of the manufacturing of SportRack products to its Seymour, C
