Dorel Industries Inc. saw revenue for the first quarter total $455.7 million, up slightly from $451.0 million last year. Net income for the first quarter was $27.9 million or 85 cents per diluted share compared with $24.2 million or 74 cents per diluted s
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Spyder Signs Footwear License with Catchlight
Spyder Active Sports, Inc. signed a licensing agreement with Catchlight Fashions, Inc. for design, manufacturing, sales and distribution of Spyder-branded footwear. The collection includes men’s and women’s shoes and boots, and children’s boots…
Hanesbrands to Stop Production at Three D.R. Facilities
Hanesbrands Inc. will cease production at three sewing and assembly operations located in Itabo, Dominican Republic. The company is consolidating sewing production into fewer facilities that are aligned with textile fabric production and can operate more
Garmin Posts Strong Q1 Despite Outdoor Softness
Garmin Ltd. recorded first quarter revenue of $492 million, up 53% from $322 million for last year's first quarter. Automotive/Mobile segment revenue increased 110% to $317 million in first quarter 2007. Outdoor/Fitness segment revenue decreased 5% t
Lotto Sees 2006 Turnover Increase 8%
Lotto Sport Italia S.p.A. closed 2006 with a turnover of €277 million ($348.0 mm), increasing 8% over 2005. Geographically, Italy was up 25%; Europe 43%; America 11%; Asia Pacific area 15%; and Africa 6%. In terms of products, growth was spread across all
Body Glove Promotes Jenks to VP, U.S. Licensing.
Body Glove International, LLC promoted Chris Jenks to VP of US Licensing for Body Glove International. For the last three years, Jenks has been the Director of Softgoods for Body Glove. In this new role, Jenks will oversee US licensing efforts and head up
TracMe USA Taps Northwave’s Turner as GM
TracMe Beacons P/L, a manufacturer of personal location beacons, named Brent Turner as general manager for TracMe USA to lead its product launch operations in the U.S. and Canada…
Spyder Adds to Supply Team
Spyder Active Sports named Beverly Nestor as director, global supply chain and Alan Leslie as director, global logistics and distribution…
Spyder Strengthens Operations Team
Spyder Active Sports has hired two operations professionals to drive efficiencies within its complex worldwide supply chain and delivery infrastructure. Beverly Nestor joins Spyder as director, global supply chain and Alan Leslie has been named director,
Skechers Sees Early Win in Asics Suit; Asics Still Sees Merit
Skechers USA, Inc. reported it won a “major victory” in a trademark lawsuit filed against Skechers by Asics Corporation and Asics America Corporation. The U.S. District Court for the Central District of California denied Asics' motion for a prelimina
SIA: Internet Pushes SnowSports Sales Into Black
According to the SnowSports Industries Association, total sales at specialty stores and via the Internet of Snow Sports product climbed to $2.0 billion for the August through February period. For the August 2006 through February 2007 period, snowsport Int
Kenneth Cole Appoints Retail Division Chief
Kenneth Cole Productions, Inc. has appointed Marty Nealon as Divisional President of its full price retail stores and e-commerce businesses, effective immediately. Ms. Nealon has been consulting with the company on strategic initiatives since last August
Airesis Re-Acquires U.S. Distribution for Le Coq Sportif
Le coq sportif, the French sport brand acquired by the Swiss investment fund Airesis in 2006, continues to expand its international business and exposure. The company has re-acquired the U.S. apparel/footwear/accessories distribution from Itochu Internat
AND 1 Plans Advertising Around Mix Tape Tour
AND 1 is planning a new advertising campaign entitled The United Streets of America to commemorate the return of the AND 1 Mix Tape Tour 2007 featuring a tournament between the world's best basketball playground players. The campaign from 72 & Sunny,
Helly Hanson to Sponsor Raid the North Extreme
Helly Hansen has signed on as the official apparel and footwear provider for this year's expedition style adventure race in North America: Raid the North Extreme in Prince Rupert, B.C. Helly will be providing performance HH Dry shirts with LIFA Stay