Amer Sports' first quarter net sales grew by 8% to €417.4 million ($501.9 mm) compared to €385.0 million ($505.3 mm) in 2005. Comparable net sales in local currencies were up 3%. Earnings before interest and taxes (EBIT) amounted to €1.6 million ($1.
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Amer Shifts Reporting Groups…
Amer Sports has revised its segment reporting with new business segments reporting. The new structure will be divided into Salomon, Wilson, Precor, Atomic, and Suunto. This new segment structure is in line with the Group's current organization struct
Mountainsmith Launches Camera Bag Division
Mountainsmith has formed a new camera bag division that will focus on non-outdoor accounts including specialty camera shops and consumer electronic stores. This new division will have its own sales force reporting to Gareth Richards, vice president of sal
Amer Sports Changes Reporting Structure
Amer Sports has revised its segment reporting. The redefined business segments are Salomon, Wilson, Precor, Atomic and Suunto. The new segment structure is in line with the Group's current organization structure and management reporting. The revision
Amer Winter and Outdoor Makes Ogden a Greener Place
For some Ogden residents, the historic American Can complex looked like a candidate for the wrecking ball. Ogden Mayor Matthew Godfrey, however, viewed the abandoned factory as the cornerstone of Ogden’s downtown renaissance. Godfrey’s vision got a boost
American Whitewater Benefits From Jackson Kayaks’ 1% For the Planet
Jackson Kayak is putting its money where its environmental beliefs lie. The country’s fourth largest seller of whitewater kayaks has designated American Whitewater as the main beneficiary of proceeds raised from Jackson’s recent membership in 1% For the P
Eastern Rain Brings American Skiing Co. Into the Red…
American Skiing Company reported strong results in its Christmas/New Years and Presidents' Day holiday periods, and slightly lower skier visits than in the prior fiscal year in the East in January. However, at Steamboat and The Canyons in the West, t
American Skiing Co. Weakness in East Offset by Strong West
American Skiing Company reported strong results in its Christmas/New Years and Presidents' Day holiday periods, and slightly lower skier visits than in the prior fiscal year in the East in January (excluding New Years) due principally to weather rela
Thule Full -Year Sales Increase 13.5%; North America Sees Strong Q4
Thule reported sales increased during 2005 by 13.5% to SEK 3.160 billion ($424.7 mm) compared to SEK 2.785 billion ($379.9 mm) last year. Adjusted for currency and acquisition effects, the increase was 6.7%. Thule's Operating profit (EBITA) before on
Accell Group Expands into North America with Seattle Bike Supply Acquisition
Accell Group N.V. is in talks on the acquisition
of all outstanding shares in Seattle Bike Supply Inc. SBS is based in Seattle, and has an annual turnover of around $36 million. SBS is active in the middle and higher segments of the market for sports bicy
Fitness Equipment Leads Amer to Strong Q4…
Amer Sports reported that fourth quarter net sales increased 114% to €558.5 million ($664 mm) from €261.0 million ($339 mm) in the year-ago quarter. The Salomon acquisition contributed €255.2 million ($304 mm) to the quarter’s top-line, a 0.8% increase ov
Amer Sports Organic Growth up 7% in 2005; Integration Impacts Bottom Line
Amer Sports' 2005 full-year net sales grew by 32% to €1.36 billion ($1.70 bn) compared to €1.04 billion ($1.29 bn) last year. The Salomon acquisition increased net sales by 25% and organic net sales growth exclusive of Salomon was 7%. Earnings before
American Eagle Comps Jump 11.3% in January
American Eagle Outfitters, Inc. total sales for the month of January increased 17.5% to a record $128.8 million, compared to $109.6 million for the month ended January 29, 2005. Comparable store sales increased 11.3% for the January period.
Descente North America to Sponsor China’s Freestyle Team in Torino
Descente North America signed an agreement to sponsor the Chinese Freestyle Ski Team for the 2006 Torino Olympics. This marks the first of a partnership between the Utah based Descente North America and the Chinese Team…
Kellwood Sales Expected to Slip in 2006; American Recreation Continues Growth
Kellwood Company introduced first quarter and fiscal 2006 net sales and earnings guidance. Net sales from ongoing operations in fiscal year 2006 are expected to approximate $2.0 billion, versus $2.07 billion from ongoing operations forecasted for fiscal y
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