Amer Sports saw net sales decrease 3.6% to €310.3 million ($418.4 mm) in the second quarter, down from €321.8 million ($404.3 mm) in the year-ago quarter. The company did manage to post a slight increase in the net loss for the quarter, slimming 3.7% to a
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Amer Sports Expects Annual Decrease in EBIT
Amer Sports expects its EBIT for the 2007 fiscal year to decrease from last year's €120.2 million. According to the company, the downturn will result from “the 2006/07 season's uncommonly mild winter, which had a larger-than-anticipated effect o
Head Names North American Tennis and Golf Licensee
Nex-LvL Inc, based in Toronto, has been named the North American licensee for HEAD Tennis and Golf sportswear. The company was founded by Gidon Fisher, while its president is Robert Fenton and its VP of marketing and merchandising is Katie Curry…
American Skiing Company Sells The Canyons for $100 Million
American Skiing Company entered into a definitive agreement to sell The Canyons resort, located near Park City, Utah, to Talisker Canyons Finance Co. LLC, an affiliate of Talisker Corporation, for $100.0 million in cash. The transaction is not expected to
Terra Plana Taps WL Activewear for North American Distribution
Terra Plana named WL Activewear as its newly appointed distributor for the brand in North America. WL Activewear, headquartered in Montreal, has been bestowed the honor of spreading the Terra Plana story in the US, Canada and Mexico. They will be chargin
Amer Sports Forms Winter and Outdoor Unit
Amer Sports said it is forming a Winter & Outdoor unit by combining it Salomon and Atomic divisions to better target the winter/outdoor market. The move is part of an overall reorganizing its executive structure as of September 1 to improve its operations
Royal Robbins Finds A New Home with American Rec…
After two and a half years under the ownership of the Phoenix Footwear group, Royal Robbins has found a new home in Kellwood’s American Recreation division. Phoenix originally acquired Royal Robbins on October 31, 2003, for approximately $11.7 million and
OBITUARY: Bill Cramer
Charles William (Bill) Cramer, chairman of the board of Cramer Products, Inc., passed away June 4th at the age of 86. He served as president of Cramer from 1973 – 1976, and also served the company as vice president of international sales and executive vic
Bill Cramer Passes Away
Charles William (Bill) Cramer, chairman of the board of Cramer Products, Inc., has passed away at the age of 86. Cramer developed one of the company's most well-known products, Atomic Balm. He was president of Cramer from 1973 – 1976, and also served
American Apparel Revenues Jump 24% in Q1…
American Apparel's Q1 sales climbed 24%, to $73.5 million from $59.3 million last year. Same-store sales rose 17%. Wholesale results were $35.3 million for the 2007 first quarter as compared to $35.5 million for the 2006 first quarter…
American Apparel Revs Jump 24% in Q1
American Apparel reported unaudited combined sales results for the 2007 first quarter ended March 31, 2007 of $73.5 million, a 24% increase…
American Apparel Revs Jump 24% in Q1
American Apparel reported sales climbed 24% for the first quarter ended March 31, to $73.5 million from $59.3 million. Same-store sales rose 17%. Pro-forma adjusted EBITDA increased 64%…
American Skiing Company Sells Sunday River and Sugarloaf…
American Skiing Co. entered into a definitive agreement to sell its Sunday River and Sugarloaf/USA resorts in Maine to Boyne USA, Inc. for $77 million in cash. Boyne will also assume $2 million in debt and other liabilities. The announced sale follows the
Sports Direct Takes 4.9% Stake in Amer Sports…
Britain's biggest sports retailer, Sports Direct Plc, paid €58.4 million ($78.8 million) to take a strategic 4.9% stake in Amer Sports. Sports Direct described the purchase as a “strategic investment” consistent with its objectives stated at the time
Kellwood First Quarter Gets American Recreation Boost…
Kellwood reported that net sales for the first quarter were $484.4 million, a 2% decline from the $493.8 million last year. The majority of the decrease was planned within the company’s women's sportswear segment and to a lesser extent within men
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