Smith Optics Restructures
Effective immediately, Smith Optics will be implementing a departmental re-structuring. With the retirement of Marketing Senior Vice President Kerry Marumoto, the organizational makeup has been re-evaluated and structural changes will be executed…
GI Joe’s Sell Equity Stake to Finance Growth…
G.I. Joe’s Sports & Auto Stores has received $11.5 million in equity financing through a deal inked last week with Nogales Investors, a Los Angeles-based private equity firm. The bulk of the financing will be used to finance expansion in the Northwest, w
Stearns Acquires Watermark’s Inflatable PFD Business…
WaterMark is selling its inflatable PFD business to K2 Inc’s Stearns division. Stearns has acquired all of the assets of the inflatable personal flotation device business including the SOS and SOSPENDERS brands and all warranty responsibility for the prod
Dynacraft Hit with $1.4 Million Fine for Recall Delay…
Dynacraft Industries Inc. will have to pay the piper for delaying to report problems with its mountain bikes, agreeing last week to pay $1.4 million to settle allegations that they incompletely and belatedly informed the Consumer Product Safety Commission
Some Johnson Outdoors Investors Get Hot Over Buy-Back Plan…
Quarterly conference calls with financial analysts are usually rather muted, and the most excitement usually experienced is a double-digit sales increase, but tempers flared among investors at Johnson Outdoors’ Q4 call on Thursday as management attempted
Lotto Hires New Marketing and Communications Director
The Lotto Sport Italia Marketing & Communication Office has hired a new Director. Edoardo Artaldi, the former director has decided to take a step in a new professional direction. His role has been recently filled by Alberto Landi, now Italian Sports brand
Wolverine Sues to Protect Moc Patents…
Wolverine World Wide has filed a patent infringement lawsuit against Harbor Footwear and Kohl’s for allegedly violating Merrell design patents on three separate models – The Jungle Moc, Jungle Slide and Winter Moc. Harbor Footwear and Kohl's are sell
180s Takes on J.C. Penney for Patent Infringement…
In a second vendor v. retailer patent infringement case, 180’s has won a preliminary injunction against J.C. Penney and Drew Pierson Marketing. 180s is alleging that J.C. Penney and Pierson infringed upon two of 180s' patents relating to wrap-behind
Perry Ellis Sees Flat Q3; Swim Disappoints
Perry Ellis International, Inc. reported total revenue for the third quarter ended October 31, 2004 of $160.7 million, compared to $159.5 million reported for the same period last year. Net income for the third quarter was $7.2 million, or 72 cents per f
Some Johnson Outdoors Investors Get Hot Over Buy-Back Plan…
Quarterly conference calls with financial analysts are usually rather muted, and the most excitement usually experienced is a double-digit sales increase, but tempers flared among investors at Johnson Outdoors’ Q4 call on Thursday as management attempted
Dick’s SG Q3 Hurt by Galyan’s Integration Costs…
Dick's Sporting Goods provided a bit more color on the integration costs and efforts associated with its August acquisition of Galyan’s, a merger that will somewhat surprisingly cause the closure of more Dick’s stores than Galyan’s doors. The retail
Gander Mountain Q3 Hit by Weather Impact; Store Plan Stays on Track…
Gander Mountain saw its third quarter net income cut in half versus the year-ago period on a 7.5% decline in comparable store sales. The company fueled its reported increase in Q3 sales with a 52% increase in total square footage and 14 new stores opened
Jetboil Receives International Media Awards
Jetboil Inc. is winning more recognition and awards from top national media outlets. This week, Jetboil receives high honors from gear and technology experts at Outside, Men's Journal, Popular Science, and TIME magazines. The kudos follows endorsemen
REI Expands DC; Also Looks at Possible Eastern Location…
REI is beginning construction on a 144,000 square foot expansion to their distribution facility in Sumner, WA, near the co-op’s Seattle area-based corporate headquarters. All of REI’s distribution, including internet purchases and in-store pick-ups are h
Wolverine Sues to Protect Moc Patents…
Wolverine World Wide has filed a patent infringement lawsuit against Harbor Footwear and Kohl’s for allegedly violating Merrell design patents on three separate models – The Jungle Moc, Jungle Slide and Winter Moc. Harbor Footwear and Kohl's are sell
