While Quiksilver took a big hit to its bottom line due to the seasonality of the Rossignol business, the company managed to impress analysts by achieving results in-line with its guidance for the quarter for both revenues and earnings. Sales results were
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Lotto 2005 Sales Flat; 2006 Trending Positive
Lotto Sport Italia S.p.A. 2005 revenues were flat at €257 million ($320.0 mm) in spite of the recession in the Italian market which has curbed growth of the brand. Europe is still the dominant region for the brand, with €172.2 million ($214.4 mm) or 67% o
Lafuma Earnings Jump on Smooth Integration…
Lafuma reported strong first half sales gains due to a combination of organic growth and acquisitions. Total company sales increased 34.6% to €116.5 million ($139.3 mm) compared to €86.6 million ($112.9 mm). In addition, the company’s backlog increased 8%
3point5 Inks Several New Deals
3point5 announced that 3 major manufactures and a major trade association have signed on with their retail training system; Marmot, Mountain Hardwear, Smith Sport Optics and Snowsports Industries of America (SIA) have joined the 3point5 network. Mike Fulm
REI Launches New ‘Outdoor School’ Program
Recreational Equipment, Inc., is introducing its latest program designed to get people outdoors. The new REI Outdoor School offers classes and one-day guided outings that teach the basics of hiking, cycling, kayaking and more…
Wilson Named Official Baseball Supplier of Perfect Game Series
Wilson Sporting Goods, Co was selected as the Official Baseball of the Perfect Game Baseball Championship Series. The organization helps top high school baseball athletes gain valuable exposure among college and professional scouts. The alliance combines
Quiksilver Q2 Earnings Drop on Rossignol Results
Quiksilver, Inc. net revenues for the second quarter of fiscal 2006 increased 21% to $516.9 from $426.9 million in the second quarter of fiscal 2005. Consolidated net income for the second quarter of fiscal 2006 was $3.7 million compared to $34.7 million
Quiksilver Inaugurates Park City Mountain Center
Quiksilver, Inc. has opened its new Mountain Center in Park City, Utah. The facility will house the North American headquarters for the Quiksilver stable of winter sports brands which includes the recently acquired Rossignol, as well as various functions
NSGA: Retail Sales to Grow 3% in 2006
According to the NSGA, retail sales of sporting goods, which reached a record $51.3 billion in 2005, are expected to grow 3% in 2006. For 2006, sales of athletic and sports equipment, shoes and clothing are forecast to reach $53.0 billion. In 2005, athlet
Ruch Elected Chairman of the Sporting Goods Industry Hall of Fame Committee
Randy Ruch, CEO of Schuylkill Valley Sports in Pottstown, Pa., has been elected Chairman of the Sporting Goods Industry Hall of Fame Committee. He succeeds Mickey Newsome, Chairman & CEO of Hibbett Sporting Goods, Birmingham, Ala., who had been chairman o
NSGA Management Conference Sees Strong Turnout
With nearly 450 sporting goods industry leaders in attendance, the 42nd Annual NSGA Management Conference and 8th Annual Team Dealer Summit – held at The Westin La Cantera Resort & Spa in San Antonio, Texas – provided retailers, dealers, manufacturers and
Lotto 2005 Sales Flat; 2006 Trending Positive
Lotto Sport Italia S.p.A. 2005 revenues were flat at €257 million ($320.0 mm) in spite of the recession in the Italian market which has curbed growth of the brand. The Company has managed to make up for the slower domestic performance with its exports. 20
TNF Promotes Three on RandD Team
The North Face announced changes to the Research & Design Department, resulting in cross category moves in Outerwear, Snowsports, Equipment and Sportswear. The North Face changes include the promotion of Neil Munro to Product Director, Outerwear; Matt Pag
CW-X and LEKI Partner for Marketing and PR Effort
The Wacoal Sports Science Corporation, makers of CW-X Conditioning Wear and LEKI announced a strategic partnership to market their high-end lines in tandem. The agreement will begin immediately and focus on Nordic walking and trekking. The new strategic a
SIA: Accessory Sales Out-Pace Equipment
As already announced in May, overall sales for the entire winter sport market (including specialty and chain stores) were up 4% in dollars to $2.3 billion for the August 2005 through March 2006 period, according to the SnowSports Industries America (SIA)
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