Columbia Q2 Income Jumps 13.8% on 12.5% Sales Increase
Columbia Sportswear second quarter net sales were $171.1 million, an increase of 12.5% over net sales of $152.1 million for the same period of 2003. The Company reported a net income for the second quarter of $10.7 million, a 13.8% increase over net incom
Gear for Sports and Sun Ice Ink Distribution Deal
Gear for Sports has inked a deal to become the exclusive distributing, marketing and sales partner for Sun ice Golf products in the U.S. GEAR for Sports will begin shipping the Spring 2005 Collection during the first week of November…
K2 Sales Climb 25.7% in Second Quarter; Organic Growth at 9%
K2 sales , for the second quarter ended June 30, 2004, were $251.0 million, an increase of 25.7% from $199.7 million in the prior year, and diluted earnings per share were 16 cents for the quarter. Operating income in the second quarter was $12.4 million,
CPSC Issues Recall of Reebok and NordicTrack Dumbbells
The U.S. Consumer Product Safety Commission, in cooperation with Jumpking Inc., of Mesquite, TX, has announced a voluntary recall of approximately 1.2 million Reebok and NordicTrack Chrome Dumbbells. The company is issuing the recall because the product
Pacific Trail Inks Licensing Deal with Tuned In Sports
Pacific Trail has signed a three-year licensing agreement with Tuned In Sports, Inc., a manufacturer, marketer and distributor of recreational tents, camping furniture and canopies. Tuned In Sports, headquartered in Washington DC, will begin distribution
Cloudveil Gears up for Fall ’04
Cloudveil has announced three strategic business partnerships that, according to the company, will further strengthen their infrastructure and rep force. Cloudveil has formed a partnership with Sojitz Corporation of America. The company is also relocating
Nike Renews Native American Basketball Invitational Sponsorship
Although the NBA Finals may have concluded, basketball fans from across the United States will have another opportunity for a unique, compelling basketball experience this summer. Nike today announced that it was joining the Phoenix Suns/Phoenix Mercury a
Wolverine Works on New Merrell Structure to Energize Performance Products…
Wolverine World Wide saw a much more balanced growth trend in its brand portfolio in the second quarter, posting good increases across the board with the exception of Wolverine boot sales and CAT footwear. Total sales for the quarter increased 8.0% to $1
NRF Seems to be Hedging Bets After U.S. Commerce Dept. Retail Report for June…
The U.S. Commerce Department reported last week that retail sales in GAFS category, which includes most general merchandise categories, rose 5.9% over last year and were flat compared to May of this year. Total retail sales had jumped 7.6% versus last, d
Burton to Acquire Four Star Snowboard Brands…
Burton Snowboards has signed a letter of intent to acquire four snowboard brands from Four Star Distribution – Forum, Special Blend, Jeenyus and Foursquare. Once this acquisition is complete, slated for August, it will mark the first time that Burton will
Cybex Q2 Profits Jump; Secures New Debt Facility…
Cybex International saw net sales for the second quarter ended June 26, 2004 increase 13.7% to $24.0 million from $21.1 million in the year-ago period. Net income was up almost four-fold, delivering $833,000, or 8 cents per diluted share, in profit in the
Gildan Closes Plant after FLA Probe…
Gildan Activewear will close its El Progresso plant in Honduras this month and in the process lay-off around 1,800 workers. The company has been accused of labor violations at the plant, but insists that its closure is not related. According to a local
Atomic Prez Sheds More Light on SBU…
Shortly after publication last week, SEW’s sister publication, The B.O.S.S. Report, managed to catch up with Atomic president Jack Baltz, who shed some light on his decision to launch a Small Business Unit covering the Mid-Atlantic and New York territorie
Black’s Leisure Leverages Diversity…
British sporting goods and outdoor retailer Black’s Leisure Group reported that sales for the first 19 weeks of the company’s fiscal year increased 17.5%, partially due to the addition of eight new stores. Comparable store sales increased 4.2% during the
Rebel Sports Reports Solid YTD…
New Zealand’s Rebel Sports is reporting that it’s 2003-04 fiscal year sales were up 10.3% to NZ$305.4 million ($192.0 million). Results included the recently acquired ‘Glue’ lifestyle stores. Comparable store sales for the chain, including Glue, increased
