Sports Direct, the U.K. discount sporting goods chain, has acquired a 3.87% stake in Umbro, and also reiterated guidance for the current year…
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Kjus USA Hires Collin as Brand Manager
KJUS USA has recently named Michael Collin as brand manager. Collin will be responsible for marketing and branding activities for KJUS in North America, and in addition will handle sales representation in the New England territory…
Lululemon Q2 Profits Soar 168%
Lululemon athletica inc., in its first report since going public, reported Q2 net income more than doubled to $5.1 million, or 7 cents a share, from $1.9 million, or 3 cents, a year ago. Revenues in the period ended July 31 jumped 80% to $58.7 million fr
Quiksilver Inc. Sees Progress in Fiscal Third Quarter; Sees Loss on Charges…
While Quiksilver’s bottom line slipped into the red during the company’s fiscal third quarter ended July 31, it was actually able to make some considerable headway on the profitability of its equipment businesses – primarily Rossignol and Cleveland Golf.
Umbro U.S. Biz Makes Progress…
Umbro's North American business is the midst of a full-fledged turnaround, with total U.S. sales – including licensed – catapulting 155% in in the fiscal first half through June. The U.K. sportswear firm said its U.S. soccer specialty business increa
Precor Expands Corp. Campus….
Precor has expanded its Woodinville presence to five buildings comprising 270,000 square feet. The addition of the 95,000 square-foot operations facility reflects continued growth at Precor, which has doubled its annual revenues since 2000, generating $35
Quiksilver Sues to Protect Roxy; Will Launch Quiksilver Women’s Effort…
Quiksilver Inc. is suing Los Angeles-based Kymsta Corp. again over its Roxywear by Roxx clothing line, citing trademark infringement. Quik first sued Kymsta in 2002, prompting a counter-suit from Kymsta contending its Roxywear name was used before Quiksil
Thule Acquires Truck Accessory Manufacturer…
Thule acquired United Welding Services, a $40 million tool box and side step company based in Perry, FL.The company said that this will support Thule's growth in load carrying solutions for professional users…
Thule Acquires Truck Accessory Manufacturer
Thule acquired United Welding Services (UWS) based in Perry, Florida. The company with annual sales of approx $40 million produces toolboxes and side steps. These are product categories supporting Thule's growth in load carrying solutions for profess
Kellwood Slips to Net Loss in Second Quarter
Kellwood Company Q2 net sales totaled $465.4 million, an increase of 1.3% as compared to $459.6 million in the second quarter last year. Net loss from continuing operations was $66.3 million, or $2.56 per diluted share, versus net earnings of $7.9 million
Nautilus Hires Joyce as SVP Global Sales
Nautilus, Inc. hired Timothy Joyce to the newly formed position of Senior vice president of global sales. Joyce most recently was president and COO of HO Sports, the leading company in water sports based in Redmond, WA…
Umbro Hurt by Weak Licensing Sales
British sportswear maker Umbro reported a steep decline in first-half profit and warned that it would miss forecasts for 2008. Specifically in the U.S., total sales – including licensed – rose 155% over H1 2006. The soccer speciality business having incre
OR Summer Market 2007 Sets New Attendance Records
Outdoor Retailer Summer Market returned to Salt Lake City, August 9-12, with a record 1,051 exhibitors across 421,000 square feet of exhibit space. The most expansive Summer Market to date welcomed more than 21,000 total attendees, including over 150 new
Quiksilver Posts Fiscal Q3 Loss on Acquisition Charges
Quiksilver, Inc. announced that consolidated net revenues for the third quarter ended July 31 increased 17% to $612.8 million, from $525.9 million in the third quarter of fiscal 2006. The company incurred a net loss for the third quarter of fiscal 2007 o
Quiksilver to Launch New Women’s Line
Quiksilver, Inc. is developing a women's line under the Quiksilver brand that will offer the global 18 to 24-year-old women's market a year-round range that is inspired by the spirit of Quiksilver, but interpreted from a timeless feminine perspe
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