Russell Gets Back to Organic Growth in Q4; 2005 to See New Brand Upside…
Russell Corporation turned the corner on organic growth in the fourth quarter, posting a 3% increase in revenues for the period when excluding the impact of acquisitions on quarterly sales figures. Including the acquisitions over the past year, fourth qu
Head Sees Europe and Winter Sports Take Bigger Slice of Pie in Q4, Full Year 2004…
Head N.V. needed a weaker dollar to help post any significant increase in sales revenues for the year, a benefit that the Austria-based company will soon cease to realize as it moves to de-list its shares on the NYSE. The company has seen considerable ups
Skechers’ Solid 2004 Results May Point to Turnaround…
Skechers USA looks to be heading in the right direction after posting a sold fourth quarter that benefited from fewer markdowns and close-outs that drove up average selling prices in footwear, as well as tighter controls on everything from selling expense
OIA Redoubles Efforts to Help Protect Recreation Areas…
As the climate for public policy and environmental issues heats up, Outdoor Industry Association (OIA) has fired up its commitment and efforts to protect the pristine lands and waterways that are the lifeblood of the outdoor industry—the outdoors themselv
Bob’s Stores in Makeover Mode…
Bob's Stores finished its first full year under the TJX umbrella with $291 million in sales, a $17 million operating loss and only one net new store, bringing the total number of doors to 32 at year-end. Management said the performance of the divisi
Apax Partners and SKM Form $1.8 billion U.S. Private Equity Fund
Apax Partners Worldwide LLP is merging its U.S. firm Apax Partners, Inc. with Saunders Karp & Megrue (SKM). As part of the merger, John F. Megrue and Allan W. Karp of SKM have been named co-CEOs of Apax Partners, Inc., and will become members of Apax Par
Mountain Hardwear Names New Marketing Director
Mountain Hardwear announced that Phyllis Grove has been named to the position of Marketing Director. Grove will oversee marketing efforts for the company including strategy, branding, advertising, web, retailer coop programs, consumer and trade promotions
No Snow. No Hockey. Forzani Forced to Look at Other Options…
The combination of warm winter weather in B.C. and Alberta during critical parts of the selling season, the NHL lockout, and heavy price competition in Ontario caused Forzani to fire off a warning flare to investors. The company reported un-audited sales
Unifi Sells Irish Facilities for $37 million
Unifi has entered into three separate contracts that provide for the sale of substantially all of the plant, property and equipment associated with the Company's European manufacturing operations, which ceased October 31, 2004…
Ed Andrew Returns to NiteRider as New CEO
Ed Andrew, who was President of NiteRider from January 1996 to December 1999, has returned to the company as the new CEO. Ed left the company on very good terms in 1999 to help launch a small start-up company with a product concept, a small amount of set-
Friedrichshafen OutDoor Show On-Track to Break Records
OutDoor 2005 which takes place from the 21st to the 24th July at the Friedrichshafen showground will break all records in the show’s twelve year history. By February 2005, 360 companies had pre-booked exhibition space which is a 64% increase on last years
Ruff Wear Expands U.S. Sales Force
Ruff Wear is expanding its sales force in North America to meet the needs of customers in both the outdoor retail and specialty pet markets. The new sales representatives augment the sales force currently in place in the US. Fifteen independent sales repr
Accell Group’s Sales Increase 18%; Income Climbs 42%
Accell Group N.V. realised a 38% rise in net earnings per share in 2004. Net profit came in at €13.0 million ($16.2 mm), up 42% from €9.2 million ($10.4 mm) in 2003. Turnover was up 18% at €341.1 million ($424.3 mm), from €289.6 million ($327.9 mm) in 200
Pacific Brands Sees Profits Jump 35.6% for the Half Year
The Pacific Brands group announced a net profit after tax (pre goodwill amortisation) of A$54.1 million ($39.7 mm) for the half year ended December 31, 2004, which exceeded the net profit for the same period last year by 35.6%. This has resulted in earni
US E-Commerce Sales Up 4.7% for Q4
The Census Bureau of the Department of Commerce announced that the estimate of U.S. retail e-commerce sales for the fourth quarter of 2004, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, was $18.4 billi