Antigua Group to Sponsor RR Donnelley LPGA Founders Cup
<p>The Antigua Group, Inc. has been named supplier of staff and volunteer uniforms for the inaugural RR Donnelley LPGA Founders Cup…</p>
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Shoppers Give Lift to January Despite Weather
<p>Resolute shoppers braved winter storms throughout much of the country in January, trudging through extraordinarily snowy conditions to stock up on discounted winter clothing while making the most of post-holiday sales…</p>
Sport Chalet Narrows Losses, Improves Cash Flow in Fiscal Third Quarter
<p>Sport Chalet, Inc. cut its losses, improved its gross margins and reduced borrowing in the fiscal third quarter ended Dec. 26, 2010 despite essentially flat sales…</p>
LaCrosse Footwear Sees More Business Shift into Fourth Quarter from Q2 and Q3
<p>Significant strength from the Work market drove consolidated fourth quarter revenues 22.5% for LaCrosse Footwear in the period ended Dec. 31…</p>
Wolverine World Wide Sees Growth Across All Brands in Fourth Quarter
<p>With all brand groups delivering strong double-digit sales increases, Wolverine World Wide, Inc. reported revenue for the fourth quarter grew 23.2% to $385.0 million. Earnings climbed 53.2% to $25.6 million, or 52 cents a share, from $16.7 million, or 33 </p>
Amer Sports Doubles Full Year Net Income But Warns of Margin Pressure Ahead
<p>A warning about growing margin pressure from rising labor and input costs prompted investors to bid down stock in Amer Sports last week even after it reported a 21% increase in fourth quarter sales and predicted sales and EBIT growth for the year ahead…</p>
December Golf Rounds Dip
<p>According to Golf Datatech, golf rounds for the U.S. were down 0.8% in December 2010 compared to December 2009 and down 2.3% for the full year…</p>
Dick’s Sporting Goods Settles Labor Lawsuit
<p>Dick's Sporting Goods Inc. agreed to pay up to $15 million to settle a class-action lawsuit brought by current and former employees who say they weren't properly paid overtime and were made to work through breaks…</p>
Acushnet Golf Reports Fourth Quarter Sales Uptick as Spinoff Looms
<p>Fortune Brands, Inc., the parent company of Acushnet, reported earnings and sales improved significantly for the fourth quarter ended Dec. 31 against a prior-year period that included substantial charges…</p>
Asics Corp. Rides Americas Growth to Post Strong Fiscal Third Quarter
<p>Asics Corporation reported that revenues for the fiscal third quarter ended Dec. 31 grew 11.2% to ¥59.5 billion ($721 mm). Domestic Japanese net sales declined 12.9% (versus a 9-month YTD decline of 6.0%) to ¥13.8 billion, mainly due to the weak sales of </p>
Johnson Outdoors Narrows Fiscal First Quarter Loss on Cost-Cutting Measures
<p>Johnson Outdoors said “transformative actions,” during the fourth quarter ended Dec. 31 – including higher volumes, improved operating efficiencies and sustained cost reductions – significantly moderated losses for what is traditionally the w</p>
DSW to Merge With Retail Ventures, Raises Outlook
<p>DSW Inc. and its largest shareholder, Retail Ventures, Inc. announced that the two companies have signed a definitive merger agreement providing for RVI to become a wholly-owned subsidiary of DSW…</p>
Gildan’s Sales Up by Half in Q1
<p>Gildan Activewear reported net earnings for the first fiscal quarter ended Jan. 2, 2011 were U.S. $35.9 million, or U.S. 29 cents per share on a diluted basis, including a restructuring charge of U.S. 1 penny per share related to the consolidation of U.S.</p>
Hurley’s CEO Becomes President of Nike Affiliates
<p>Nike, Inc. announced that Roger Wyett, VP and chief executive officer of Hurley International, will become president of Nike Affiliates. Nike Affiliates includes Cole Haan, Converse Inc., Hurley International LLC and Umbro Ltd. Separately, Jan Singer, mos</p>
Lafuma Fiscal Q1 Growth Undercut by China Business
<p>Lafuma Group’s sales edged up 1.9% to €52.4 million ($71 mm) in its fiscal first quarter ended Dec. 31 from a year earlier. Excluding the costs of a transition to a new partnership in China, growth for the quarter would have been 3%…</p>
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