Far Bank Enterprises Announces Promotions
Far Bank Enterprises, Inc., the parent company of Sage Manufacturing, Redington and RIO Products Inti., Inc., today announced new roles for both President Bruce Kirschner and Vice President Travis Campbell…
Adams Golf Partners with keri golf
Women's bag and accessories designer Keri Murschell of keri golf and leading golf products manufacturer Adams Golf, Inc. have entered into an exclusive partnership, including collaboration in the areas of design, sales, finance and marketing. Effecti
Gramicci Names Northeast Rep Agency
Gramicci has added the greenrep.org sales agency for representation in Maine, New Hampshire, Vermont, Rhode Island, Connecticut, and Delaware. Agency founder and principal Danny Clayton has worked in sales management for Burton Corp. and Oakley and has ex
Luxottica Sees Strong Growth in Q2 Net Sales
Luxottica Group posted second quarter results with group consolidated sales of €1,354.4 million ($2,126.3 mm), with €583.4 million ($915.9 mm) coming in from wholesale third parties and €771.1 million ($1,210.57 mm) from retail…
Cabela’s Income Falls in Q2; Credit Card Charge Offs Rise
Cabela's Inc. said profits declined despite a 16.6% increase in total revenues for the second quarter ended June 28. Same stores sales fell 1.6% and financial services revenue declined 6.7% due to an increase in bad debts in the company's credit
Nautilus Sees Q2 Loss of $9.6 M in Continuing Operations
Fitness company Nautilus, Inc. revealed a loss from continuing operations for the second quarter ended June 30, 2008 of $9.6 million or 30 cents per diluted share after recording restructuring related and other charges of $6.6 million, or 14 cents per dil
Big 5 Q2 Profits Plummet on Continued Sales Weakness
Big 5 Sporting Goods reported Q2 revenues fell 4% to $209 million from $217.8 million a year ago. Same store sales declined 7.6%, primarily due to a mid-single digit decrease in customer traffic and continued weakness in the roller shoe product category.
Finish Line Expands Headquarters
The Finish Line, Inc. plans to expand its operations in Indianopolis, including adding more than 180 new jobs over the next five years. It plans to invest more than $34 million, which covers the expansion of its approximate 800,000 square-foot national di
Meryvn’s Gains DIP Financing
Mervyns has received approval from the U.S. Bankruptcy Court for $465 million in interim financing after the department store chain filed for Chapter 11 bankruptcy protection this week. Mervyns says the financing will be used to continue operations and to
Timberland Posts Q2 Loss; Revenues Decline 6.3%
The Timberland Company reported a second-quarter net loss of $18.9 million, or 32 cents a share, versus a loss of $19.2 million, or 31 cents, a year ago. Revenues declined 6.3% to $209.9 million as declines in casual footwear, Timberland brand apparel and
TRAK Kayaks Hires VP of Sales and Marketing
TRAK Kayaks Inc., which sees a big market for urban kayaking, has named Blue Ocean Strategy consultant Robert Schmidt as VP of sales and marketing. As Canada's first certified Blue Ocean strategist, Schmidt specialized in helping companies find uncon
Sports Chalet’s Q1 Sales Dip 4.8% on 11.1% Lower Comps
Sports Chalet Inc. said sales in the first quarter fell 4.8% on an 11.1% decline in same-store sales. The Southern California-based retailer acknowledged new store openings by itself and competitors cannibalized sales. Gross margins declined 250 basis poi
Former VF Exec Named CFO at Jarden Outdoor
Former VF Corp. executive Michael J. Rees has been named to the newly created position of Chief Financial Officer of Jarden Outdoor Solutions (JOS). In his role, Rees will be responsible for the strategic leadership and financial consolidation of all the
Under Armour Reports 30% Sales Growth for Q2; Raises FY08 Operating Income Outlook
Under Armour, Inc. reported revenues increased 30% in the second quarter to $156.7 million from $120.5 million. in the second quarter of 2007. Second quarter net income dropped 75.4% to $1.4 million, or 3 cents a share, from $5.7 million, or 11 cents, a y
Under Armour Ups Guidance on 30% Q2 Sales Gain
Under Armour, Inc. reported revenues increased 30% in the second quarter to $156.7 million from $120.5 million. in the second quarter of 2007. Second quarter net income dropped 75.4% to $1.4 million, or 3 cents a share, from $5.7 million, or 11 cents, a y
