Unifi Reports $9.2 million Net Loss
Unifi released operating results for Q2 of fiscal year 2004. The Company reported a net loss of $9.2 million or 18 cents per share, which compares to a net loss of $2.2 million or 4 cents per share for the prior Q2. The Company also reported a net loss of
New Harris Poll Finds Internet Use is Changing
A new Harris Poll finds that the Internet continues to become more useful and more used. While the total
Internet population is rising more slowly than it was in the late 90s, the proportion of those with broadband is rising much faster (Harris Poll of Ja
Skechers Licenses Name for Childrens Socks
SKECHERS announced that United Legwear, Co. has been named the licensee for SKECHERS Kids-branded socks in the United States and Canada. SKECHERS Kids' sock agreement follows on the heels of the Fall 2003 launch of SKECHERS children's apparel wi
K2 Completes Fotoball Stock Exchange
K2 Inc. announced that, pursuant to its previously announced offer to exchange each share of Fotoball USA, Inc. common stock for 0.2757 of a share of K2 common stock, K2 has accepted for exchange all shares of Fotoball USA common stock tendered as of the
Torpedo Sports Files Delayed 10-K and 10-Q
Torpedo Sports USA reported net sales of $6,075,549 and a net loss of $(3,458,072) for the year ended July 31, 2003 as compared to net sales of $8,209,400 and net income of $280,356 for the year ended July 31, 2002. For the first quarter ended October 31
Super Show 2004: Woulda, Coulda, Shoulda…
The weather in Orlando turned warmer just as the 19th annual gathering of the sporting goods industry known as The Super Show got under way. The move to Florida was expected to signal a new chapter in the saga of the now well-traveled show, but the event
Stride Rite Sees Keds Changes as Unit Drags on Fiscal Q4, Full Year Results…
Stride Rite Corporation was able to cut its fiscal fourth quarter loss in half and post a mid single digit gain in profits for the year even as it relies more heavily on owned-retail sales for its flagship brand…
Yue Yuen Looks Ahead to Apparel Opp…
Yue Yuen Industrial Holdings announced better than expected earnings and sales as net profit for the year ended September 30, 2003 jumped 34.8% to $308.2 million, up from $228.6 million last year and beating analysts’ expectations of $302.2 million…
K2 Pulls the Plug on Grand Junction
Atlas, Tubbs, and Little Bear snowshoes are moving their production to China. K2 Inc., which acquired the brands in October, made the decision to close a plant in Grand Junction, CO and shift production to its own 1.3 million sq. ft. facility in Guangzho
Cloudveil Posts 79% Revenue Growth
Cloudveil has reported 79% total revenue growth for
2003. Gross margin increased by 4%, and Cloudveil gained 25% growth in
retail storefronts in 2003…
The Hockey Company Acquires t-blade Stake
The Hockey Company has acquired a 33 1/3% ownership stake in t-blade. The remaining shares are owned by Graf Canada Ltd. (33 1/3%) and t-blade GmbH (33 1/3%). Separately, the Company also announced the formation of a European joint venture with t-blade Gm
Gerber Enters the LED Market by Acquiring CMG
Gerber has acquired CMG Equipment, LLC. CMG is recognized as a leading manufacturer and marketer of Light Emitting Diode (L.E.D.) -based portable outdoor lighting products. CMG's lights will form the foundation of a complete Gerber L.E.D. Lighting li
Anderson Named Division President of Fox River Brands
Fox River Mills has named Joel Anderson divisional president for Fox River brands. He was formerly Fox River’s national sales manager. Anderson, who was hired by Fox River in 1999, will lead the Fox River team to increase Fox River’s branded products’ vis
The Athlete’s Foot Expands into Saudi Arabia
The Athlete's Foot has formalized an agreement with The Alajlan Company of Riyadh, Saudi Arabia to become The
Athlete's Foot's master franchisee for the Kingdom of Saudi Arabia. The company projects 10 store openings over the length of the
Noonan is Promoted to COO at Tecnica USA
Mike Noonan has been promoted to the position of COO of Tecnica USA and its subsidiary, Volkl Sport America. Noonan replaces John Stahler who will now assume the position of President and CEO of the Tecnica Group in the United States, which includes Tecni
