The Sports Club Company Delisted by AMEX
The American Stock Exchange has notified The Sports Club Company that it had not met certain of the Exchange's continued listing standards as set forth in the Exchange's Company Guide. Specifically, the Exchange noted that the Company's fai
Asia’s Largest Bicycle Show Begins Next Week
The China International Bicycle & Motor Fair or “CHINA CYCLE,” in short, is scheduled to begin on May 4-7, 2005 for its 15th edition in Shanghai New International Expo Center. The show will cover all seven halls of Shanghai New International Expo Center,
Former Industry Execs Sentenced in China Kickback Scheme…
A former Vans executive, Scott Andrew Brabson, and Jay William Rosendahl, a former Columbia exec who was a consultant to Vans, were sentenced Monday to 71 months in federal prison after admitting earlier this year to taking kickbacks from Chinese manufact
Brunswick Looks to More Marine in Q1…
Brunswick looked to its Marine division to post a 16.8% increase in revenues to $1.40 billion for the first quarter from $1.20 billion in Q1 last year. However, the Fitness division and the Bowling division were both a drag on operating income for the qua
Bite Launches Retail Staff Training Program
Bite is introducing the “Bite Certified” retail sales training program to ensure that retail staff and, ultimately, consumers understand the many important features of Bite Golf shoes and sandals. The program emphasizes the Bite brand as “better shoes at
Aldila Income Jumps 43% due to 16% Sales Increase
Aldila net sales were $17.8 million and net income was $3.3 million, or 61 cents fully diluted per share for the three months ended March 31, 2005. This is a 16.3% increase in sales compared to the 2004 first quarter, when the Company had net sales of $15
Brunswick Q1 Earnings Nearly Double On 17% Sales Increase
Brunswick Corporation reported net earnings of $94.6 million, or 96 cents per diluted share, for the first quarter of 2005, up 97.1% from net earnings of $48.0 million, or 50 cents per diluted share, for the year-ago quarter. Results for the first quarter
VF Outdoor Division Q1 Profits Up 133% on 13% Organic Growth
VF Corporation reported first quarter sales rose 9% to $1.56 billion from $1.43 billion in the year-ago quarter. Net income increased 18% to $122.9 million from $103.9 million, with earnings per share rising 15% to $1.07 from 93 cents per share. The acq
Greg Norman Collection Posts 20% Sales Increase
Greg Norman Collection announced that its net sales increased 20% in its first quarter ended March 31, 2005. This represents the ninth consecutive quarter of double-digit sales growth for the company. The company also reported improved operating profits f
Schoeller Expands Production and Headquarters
Over recent years, Schoeller’s concern over space restrictions has been consistently growing. In response to this need, expansion began at its weaving mill, as well as the entire dye works and finishing department at the Swiss headquarters. In addition, a
Reebok Posts 5.1% Net Income Gain in First Quarter
Reebok International Ltd. reported that net income for the first quarter ended March 31 increased 5.1% to $43.2 million, or 70 cents per diluted share, compared to net income of $41.1 million, or 63 cents per diluted share, for the first quarter of 2004.
Stearns, Inc Acquires Leading Wader Company
Stearns® Inc., a division of K2 Inc., has acquired Hodgman,® Inc., a company founded in 1838, that K2 says is the market leader in unique and innovative waders and wading accessories. Hodgman products include the Guidelite®, Wadelite®, Lakestream®, Brig
Sportsman’s Guide Raises Guidance on Strong Internet Sales
The Sportsman's Guide net sales and fully diluted EPS will be higher than current average estimates and well above the levels reported one year ago. Net sales for the quarter are now expected to be in range of $63 to $64 million, compared with net sa
Timberland Nominates Four New Directors
Timberland has nominated four new members to the Company's Board of Directors. Kenneth T. Lombard, Edward W. Moneypenny, Peter R. Moore and Terdema L. Ussery, II will stand for election at the Company's Annual Meeting on May 19, 2005. The Board
Nike Sues adidas in U.S. Court over Stripe Fight…
Nike, Inc., fresh off a ten year battle in Spain that gave them rights to their brand name there, has decided to challenge their top global competition’s recent victories over any company using stripes as decoration on apparel. It will be the Swoosh ver
