While VF Corp.’s Outdoor Coalition is still clearly the primary driving force behind the company’s revenue and earnings growth, the company is beginning to see success in several other segments as well, including Jeanswear, Sportswear, and Imagewear. For
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Optics Leading the Way for Oakley in Q3…
Oakley, Inc. is beginning to see dividends from its ‘refocusing on eyewear’ campaign. Optics was the key driver of growth for the company with the category showing growth in each of its distribution channels and each of its geographic regions. In additi
Nike Taps Five to Be New VP’s…
Nike promoted several members of its organization to vice president roles last week. In the Asia Pacific region, where Nike generated double-digit sales growth in the first quarter of fiscal 2007, Nike named three new vice presidents: Willem Haitink was p
TOTAL RECALL: Tents, Batteries, Carabiners
Decathlon USA is recalling all 2006 Quechua brand Tents and Canopies. About 22,000 units are included in the recall as the tents may fail to meet the industry's flame resistant standard, posing a fire hazard. Light & Motion is recalling
Lafuma Sees Stronger Fiscal 2006…
Lafuma reported strong top-line results for the fiscal 2006 year, which ended on September 30, 2006 with much of the company’s growth acquisition-based, but some strong results in several of its core brands. Full-year sales increased 20.1% to €243.0 milli
Life-Link and Dynafit Part Ways as Salewa Goes Direct…
Salewa is preparing to launch a U.S. subsidiary and is ending its distribution agreement with Life-Link Backcountry Travel for Dynafit alpine touring ski bindings, skis, boots, and accessories. For the 2006/07 winter season all shipping, ordering, and cu
Perez Finds Double the Flavor with Wrigley
Bill Perez, former president and CEO of Nike, Inc. has moved on to the Wm. Wrigley Jr. Company where he has been named president and CEO as well as to the company's board of directors. Perez becomes the first person to serve as president and CEO of t
Asics Takes on Footstar in Trademark Fight
ASICS America Corporation and ASICS Corporation Japan have filed suit in Federal District Court in the U.S. District Court, Central District of California against Footstar, Inc. and their Meldisco Division for trademark infringement, unfair competition, t
Pacific Cycle Adds Director of Industrial Design
Pacific Cycle has hired Aaron Bethlenfalvy as Director of Industrial Design. He will work with all of Pacific Cycle’s major brands, including GT Bicycles, Schwinn, Mongoose, Kustom Kruiser and a variety of others. A former GT Bicycles employee, Bethlenf
VF Corp. Raises Guidance on Record Third Quarter
VF Corporation third quarter evenues rose 12% to a record $2.034 billion, compared with $1.822 billion in the third quarter of 2005, driven by higher revenues across all our businesses. Net income in the current quarter increased 10% to a $197.7 million,
Mountain Hardwear Awards Give Back Grants
Mountain Hardwear Inc. announced its 2007 Give Back grants recipients. The grants are part of the company’s philanthropic giving program which was restructured late in 2005 with the first round of grants awarded in early 2006. The program has five arms de
Puma Vet Joins Keen as International Sales Director
Pepe Lozano has joined the KEEN team as International Sales Director. He will be relocating to the Portland area from Lima, Peru. Mr. Lozano comes to KEEN with over 22 years of International footwear and industry management experience, most recently as th
NIGM Taps Dr. Hurdzan to Deliver Keynote Address
Dr. Michael J. Hurdzan, authority on golf course environmental issues, will give the keynote address at the National Institute of Golf Management (NIGM) on Thursday, January 18, 2007. The NIGM was established exclusively for golf facility owners, managers
Oakley Q3 Sales Jump 21%; Income Climbs 7.5%
Oakley, Inc. third quarter net sales increased 21.2%, to a quarterly record $210.2 million, compared with $173.4 million in the same period of 2005. Net income for the third quarter totaled $17.3 million, or 25 cents per diluted share, compared to $16.1 m
RECALL: Petzl Locking Carabiners
The CPSC and Petzl America are recalling about 8,000 of its M34 BL Am'D Ball-Lock and M36 BL William Ball Lock carabiners with metal locking sleeves. These carabiners have a green button that acts as a safety mechanism to prevent unlocking. The recal
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