Snow Sports sales at chain stores totaled $345.8 million for the August through December period of 2006. Overall sales for both specialty and chain stores were down 3% in dollars to $1.46 billion for the August through December period of 2006, compared to
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Garmin Doubles Fourth Quarter Sales and Income
Garmin Ltd. fourth quarter total revenue of $611 million, up 92% from $319 million in fourth quarter 2005. Earnings per share increased 105% to 82 cents from 40 cents in 2005; excluding foreign exchange, EPS increased 102% to 87 cents from 43 cents in 200
Coleman Parent Q4 Income Soars on 9% Sales Increase
Jarden Corporation, parent company to Coleman, fourth quarter net sales increased 9% to $1.1 billion compared to $975 million for the same period in the previous year. Net income was $35.7 million, or 52 cents per diluted share, for the quarter compared t
Athlete’s Foot Parent Acquires Two Ice Cream Chains
NexCen Brands, Inc. – parent company to The Athlete's Foot – has entered into definitive agreements to acquire MaggieMoo's International, LLC and the assets of Marble Slab Creamery, Inc. for a total combined initial purchase price of $37.1 milli
Coleman Appoints Stratta as Commercial Director for EMEA
Coleman EMEA (Europe, Middle East & Africa) has appointed Paul Stratta as Commercial Director for its Europe North division with responsibility for both the Coleman and Campingaz brands in its subsidiaries Coleman UK Ltd and Coleman Benelux B.V. The new
Nike Inc. Steps Boldly Toward Future with 23:11 Program…
Nike Inc. held their bi-annual Investor Day entitled “The Customer Decides” in Portland last Tuesday and made a number of very important and unusual announcements to the attendees. They presented, in an uncharacteristic amount of detail, the company'
VF Corp. Organic Growth Continues in Q4; Misses Guidance on Write-Downs…
VF Corporation reported solid organic sales growth during the fourth quarter, but write-downs relating to the company’s Jeanswear business and the recently announced sale of their Intimates business caused net income and diluted EPS to miss guidance issue
Nautilus Acquires Manufacturer; Posts Record Q4…
Nautilus, Inc. finished the 2006 fiscal year with a step towards verticality as it announced plans to acquire one of its major manufacturing partners, Xiamen, China-based Land America Health and Fitness Co., Ltd. Consideration for the acquisition is appr
Asics Takes Skechers to Court over Stripes…
Asics America Corporation and Asics Corporation Japan have filed a lawsuit in the U.S. District Court, Central District of California against Skechers U.S.A., Inc. for trademark infringement, unfair competition, trademark dilution and false advertising. A
OR Winter Mkt: Hardgoods Brands Go Green Too…
While softgoods companies have been telling the green story for over a decade, and footwear manufacturers picked up the torch in the past two years, many hardgoods manufacturers have been limited in their green message by the technologies available. This
Converse Ends Council of Presidents Lawsuit with License
Converse and representatives from the Council of Presidents, which comprises the leadership of nine historic African-American Fraternities and Sororities, ended a trademark infringement suit filed by the Council in 2003 by entering a into a licensing agre
Timberland Q4 Income Slips on 5% Sales Gain; Inks Apparel Licensing Deal
The Timberland Company fourth-quarter net income was $38.3 million and diluted earnings per share (EPS) of 61 cents. Fourth-quarter diluted EPS was 65 cents when adjusted to exclude restructuring costs. These results compare to fourth-quarter 2005 net inc
Wal-Mart January Comps Climb 1.9%
Wal-Mart Stores, Inc. net sales for the five-week month of January increased 9.6% to $20.473 billion compared to $18.684 billion last year. Comparable store sales increased 1.9%…
Skechers Denies Alleged Asics Infringement
SKECHERS USA, Inc. stated that it denies all trademark infringement, unfair competition, trademark dilution and false advertising claims filed against it by ASICS America Corporation and ASICS Corporation (Japan) on January 26, 2007 in the U.S. District C
Oakley 2006 Sales Climb 17.5%
Oakley, Inc. generated full-year 2006 net sales of $761.9 million, an increase of 17.5% from $648.1 million in the prior year. 2006 net income was $44.8 million, or 65 cents per diluted share, including footwear restructuring charges of $2.0 million net o
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