The Lafuma Group reported a considerable increase in sales during the company’s fiscal first quarter, mainly due to the recent acquisition of OxBow. Including OxBow, total group sales increased 27.0% to €46.6 million ($55.9 mm) compared to €36.7 million (
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Doc desRoches Awards Granted
The U.S. Ski Team and U.S. Snowboarding, together with SnowSports Industries America, have recognized the Team’s entire supplier pool with the Doc desRoches Award. The annual award was presented Wednesday (Jan. 25) Wednesday at the SIA.06 Snowsports Trade
Yue Yuen Margins Take Another Hit in Fiscal 2005, But Retail Growth Helps…
Yue Yuen Industrial Holdings shrugged off the effects of higher costs for raw materials, increases in labor costs and the appreciation of the Yuan to post a 2.2% increase in net profit to $310.1 million for its fiscal full year ended September 30. The co
Columbia Q4 Net Declines Despite 4.1% Sales Gain
Columbia Sportswear Company reported fourth quarter net sales of $314.1 million, an increase of 4.1% over net sales of $301.8 million for the same period of 2004. Net income for the quarter was $36.6 million, a 7.1% decrease compared to $39.4 million last
adidas/Reebok Deal Clears European Regulators
The European Commission has unconditionally cleared adidas-Salomon AG's proposed acquisition of Reebok International Ltd. No other anti-trust approvals are required to complete the transaction. Reebok will hold a Special Meeting of Shareholders today
adidas Group Closes Billion Dollar Private Placement
The adidas Group yesterday closed a $1 billion US private placement transaction. The new transaction improves the Group’s financial flexibility and further extends its overall maturity profile. The proceeds of the transaction will be used to help finance
Payless to Open New Western Distribution Center
Payless ShoeSource plans to open a second product replenishment facility in the western United States. The additional facility will supply merchandise to the company's stores located west of the Rocky Mountains. The exact location of the additional f
adidas Japan Appoints New President
adidas Japan K.K. has appointed Pascal Martin as its President effective March 1, 2006. The 45-year-old Frenchman will report directly to Christophe Bezu, Head of adidas Region Asia/Pacific. Pascal Martin joins adidas from Nissan Motor Co. Ltd where he s
Dale of Norway Looks to CenterStone for Sales Order Management
CenterStone Technologies, Inc., an internationally recognized developer of Web-based sales order management software for vendors that sell consumer brands through specialty retail channels, announced that Dale of Norway, headquartered in Bergen, Norway is
Lacrosse Industry Gives Gravante Muhlfelder Award
During the 2006 US Lacrosse Convention opening ceremonies, the Lacrosse Industry Council presented the inaugural James Leo Muhlfelder award to Tom Gravante, head coach at Mount St. Mary's. Named after the former President of deBeer Lacrosse and the f
SIA Presents Retailer of the Year Awards
The SIA.06 Show got a jump start on Day 2 with the announcement of the SIA Retailer of the Year awards. Just before the doors opened to Day 2 of SIA.06, Diane Boyer-Irwin, SIA Chairwoman and Dick Leffler, Past Chairman presented the award for “2006 Retail
TOTAL RECALL
Syntace USA is recalling about 2,300 F99 (Force 99) Bicycle Handlebar Stems. The recalled bicycle stems can crack or break under normal conditions, causing the rider to fall and suffer serious injury.
Mizuno USA is recalling about 12,800 Mizuno “Gamer”
LaSportiva Italy Merges with U.S. Distributor…
La Sportiva's North American distribution operations have become part of La Sportiva Italy’s unified global distribution consortium. La Sportiva S.p.A. – the Italian parent company and manufacturer of the LaSportiva brand – and La Sportiva N.A., Inc.
Redfeather Snowshoes Acquired
ORC Industries has purchased Redfeather
Snowshoes as its first acquisition in the outdoor
recreation market. Financial terms of the
deal were not disclosed…
ORC Industries Acquires Redfeather Snowshoes
ORC Industries announced the purchase of Redfeather Snowshoes as its first acquisition in the outdoor recreation market. Financial terms of the deal were not disclosed. Founded in 1966 with a corporate charter “to advance the independence, productivity, a
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