Garmin’s third quarter was bolstered mainly by its rapidly growing automotive segment, but the Outdoor/Fitness and Marine divisions also saw some solid numbers on both the top and bottom line. Third quarter 2006 total revenue was $408.0 million, up 62% fr
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The Trade Show Wars Begin with Eurobike Launching a New U.S. Bike Show…
Messe Friedrichshafen, the owners of Eurobike, will be launching a new trade show in the U.S. to compete directly with InterBike. Officials from Eurobike have reportedly met with Portland city officials to discuss hosting the show at The Oregon Convention
Brown Shoe Name VP Talent Acquisitions
Brown Shoe Company, Inc. promoted Geoff Green to Vice President – Talent Acquisitions. Green will continue to manage domestic and international recruiting for Brown Shoe's offices, distribution centers and more than 1,300 specialty retail footwear st
Vail Names COO of Keystone
Vail Resorts, Inc. named Patricia Campbell as COO of the company's Keystone Resort. Campbell will report directly to Roger McCarthy, co-president of Vail Resorts' mountain division and chief operating officer of Breckenridge…
New Balance Sponsors Sesame Street
New Balance Athletic Shoe, Inc. has finalized a four-year multi-million dollar agreement with Sesame Workshop, the nonprofit educational organization, to become a program sponsor of the Emmy-winning children series, Sesame Street…
Dorel Industries Gets Q3 Sales Boost from Bike Biz
Dorel Industries Inc. saw revenues for the third quarter increase 3.1% to $436.3 million from $423.3 million in the same period last year. Net earnings for the quarter were $25.1 million or 76 cents per diluted share, down 2.0% from adjusted net earnings
Cybex Adds McCarthy to Board of Directors
Cybex International, Inc. appointed John McCarthy, founder and recently retired Executive Director of IHRSA (International Health, Racquet & Sportsclub Association), to its Board of Directors.
Wal-Mart October Comps Inch-Up 0.5%; Guides for Flat November
Wal-Mart Stores, Inc. net sales for the month of October were $25.710 billion compared to $23.024 billion last year, an 11.7% increase. Comparable store sales for the period were up 0.5%…
Payless Q3 Comps Increase 5.2%
Payless ShoeSource, Inc. saw same-store sales increase 5.2% during the third quarter. Total sales for the quarter increased 5.5% to $703.4 million from $666.5 million one year ago…
Foot Locker Sees Q3 Comps Decrease 0.3% on European Weakness
Foot Locker, Inc. reported sales for the third quarter of $1.43 billion, up 1.6% from last year's $1.41 billion. For the third quarter, comparable store sales decreased 0.3%. For the year-to-date period, sales increased 0.2% to $4.10 billion, from $4
Asics Extends NYC Marathon Sponsorship
ASICS Corporation and ASICS America Corporation, the North American Subsidiary, along with New York Road Runners, have signed a multi-year extended partnership of the ING New York City Marathon. ASICS will continue to be a principal sponsor as the officia
NRF Names Top Retailers for Customer Service
According to the second annual NRF Foundation/American Express Customer Service Survey, online retailer Amazon.com is the nation’s top company for customer service. Amazon.com is followed by Nordstrom, L.L.Bean, Overstock.com, and Lane Bryant. Retailers
Crocs Adds Two Retail Veterans to Board of Directors
Ronald L. Frasch and Marie Holman-Rao have been appointed to the Crocs Board of Directors. Ronald L. Frasch has served as Vice Chairman and Chief Merchant of Saks Fifth Avenue, a division of Saks, Incorporated, since November 2004. Marie Holman-Rao served
Garmin Q3 Sales Jump 62%; Ups Guidance
Garmin Ltd. third quarter 2006 total revenue was $408.0 million, up 62% from $251.3 million in third quarter 2005. The Outdoor/Fitness segment revenue increased 22% to $70.7 million in third quarter 2006 while the Marine segment revenue increased 12% to $
Eurobike is Coming to the U.S.
Messe Friedrichshafen, the Owners of Europe's largest bicycle trade show, Eurobike, will be launching a new trade show in the U.S. to compete directly with InterBike. Officials from EuroBike have reportedly met with Portland city officials to discuss
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