Johnson Outdoors Q2 Outdoor Equipment Sales Suffer from Military Slowdown
Johnson Outdoors Inc. announced an increase in net sales and slightly lower net income for the fiscal quarter ended April 1, 2005. JOUT benefited from another strong performance by the Marine Electronics business unit and reduced operating losses in Wate
Lotto Forms New North American Subsidiary
Lotto Sport Italia has inked a partnership with The DCS Group, LLC to create Lotto North America, LLC. David Schulte, Managing Partner of The DCS Group, will serve as CEO of Lotto North America, while the company confirmed as creative director Mr. Come Ch
Sierra Magazine Takes Home a Maggie Award
Sierra magazine took home the award for the Best Special Theme Issue for a Consumer Publication for its March/April 2004 “Wild America” issue. Senior Editor Paul Rauber and Production Manager Chuck Baldwin were at the Western Publications Association'
Faytex Relocates Manufacturing to Guangdong, China
Faytex has relocated manufacturing facilities from Taiwan to the Guangdong province of China. Effective May 13th, all Faytex products will be in the hands of Tai Lee Textiles, Ltd. Faytex has a 27 year history of purveying fabric technology with customer
SGMA Lobbies Congress with P.E.4Life
Children need P.E. to get fit. That was the basic message delivered by the membership of SGMA International to U. S. Senators and U. S. Congressmen in Washington, D.C. during the 5th Annual National P.E. Day. Two of the key meetings were held with the Spe
Kellwood Names Saunders as New CIO
Michael Saunders has been named chief information officer of Kellwood Company, according to Hal J. Upbin, Kellwood chairman and chief executive officer. Saunders will provide the leadership and direction for Kellwood's information services and techno
Intrawest Sees Earnings Rise In Spite of Tough Northwest Ski Season
Intrawest Corporation third quarter revenue was $504.8 million compared with $437.9 million for the same period last year. Mountain resorts revenue increased from $289.3 million to $295.5 million and the warm-weather resorts increased from $10.2 million t
Big 5 Shakes Off Weather and Lower Margins to Post Solid Q1 Profit Growth…
Big 5 Sporting Goods saw rising distribution costs impact gross margins for the first quarter ended April 3, but was able to muster net income growth for the period that outpaced sales growth by a 2-to-1 margin. The retailer said they were “off to a good
Saucony Loses More Momentum; Tries to Balance Price and Performance…
The pendulum is swinging back the other way again at Saucony, Inc. as the mall business that fueled growth over the last couple of years now dries up and the company again refocuses its efforts in running specialty where they have been, at best, stagnant
Collegiate Pacific Fiscal Q3 Net Declines on Higher Interest Expense…
Collegiate Pacific reported that sales for the fiscal third quarter ended March 31 grew 142% to $27.0 million, compared to $11.1 million in the year-ago period. Most of the gain came from the acquisitions made since fiscal Q3 last year. Gross margin dec
Lafuma and Oxbow Confirm Takeover Discussions…
With several rumors circulating, The Lafuma Group made an announcement putting much speculation to rest. Lafuma and Oxbow, the French Surf and Snowboard Company, are in takeover discussions. Shares for both groups have been suspended from trading until an
LWCF Receives Zero Funding in House…
The House of Representatives zeroed-out their version of the State Side Land and Water Conservation Fund in spite of some very productive meetings on Capital Hill during OIA’s annual Capital Summit. While it is a very disappointing development for many i
QBP Recalls Dimension 130º Stems…
Quality Bicycle Products and the CPSC have recalled all Dimension-brand road and mountain thread-less bicycle stems with a 130 degree rise. The stems are black or silver and have the word “Dimension” painted on the extension. About 18,000 of the stems wer
MSR Recalls SuperFuel…
Cascade Designs recently conducted an investigation into possible defects in MSR SuperFuel cans and concluded that the batch of SuperFuel from Lot #502-167 contains an undetermined number of defective cans that may leak fuel from either a defective seam o
Dorel Earnings Increase 40%; Pacific Cycle Sales Jump 30%
Driven by solid organic growth and new product introductions, Dorel reported a strong quarter of revenues and earnings. Revenues for the first quarter ended March 31, 2005 rose 19% to $465.6 million, compared to $391.1 million posted a year ago. Earnings
