Late last week, OIA and SIA were both notified that the Committee for the Implementation of Textile Agreements (CITA) determined that certain imports of ski and snowboard pants from China do not contribute to the market disruption. The pants under embarg
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Garmin Q3 Revenues Increase 30%…
Garmin continues to post strong top line growth while ASP’s for GPS units slowly decline and Garmin sees their margins erode as competition increases. Revenue for the quarter increased 29.8% to $251.3 million from $193.6 last year. The consumer segment po
Six Elected to Sporting Goods Hall of Fame
The Sporting Goods Industry Hall of Fame Committee has elected six new Hall of Famers. Alan Cohen, The Finish Line, Inc.; the late Dave Koch, New Era Cap Co.; Don Pfau, Sports, Inc.; Joachim Schroeder, retired from Karstadt Sports (Germany); Jim Soffe, M
Thule Appoints Trailer Division President
Thule has announced the appointment of Tim Ryan as the president of Thule Trailers Inc. Ryan comes to Thule from Trelleborg Wheel Systems Americas Inc., where he most recently held the position of president of the Swedish company's US division. Thul
Mountain Khakis Inks Deal with USA Climbing
Mountain Khakis entered into a sponsorship with USA Climbing (USAC). As part of the sponsorship agreement, Mountain Khakis will outfit all members of the national setting team for the Youth Bouldering Nationals, the ABS Nationals, the Youth Difficulty and
West Marine Reports Q3 Sales Up 3%; Income Down 71%
West Marine, Inc. reported net sales for the third quarter of 2005 were $188.6 million, up 3.0% compared to net sales of $183.1 million a year ago. Net income for the quarter was down 71.0% to $2.0 million, or 9 cents per share, from $6.9 million, or 32 c
Genesco Promotes Dennis to COO; Appoints Directors
Genesco Inc. announced the promotion of Robert J. Dennis to executive vice president and chief operating officer of the company. In his new position, Dennis will have oversight responsibility for all the company's operating divisions. Genesco also an
Ugg Sales Keep Deckers Q3 Positive; Cuts Guidance
Deckers Outdoor Corporation third quarter, net sales increased 24.0% to $69.2 million compared to $55.8 million in the same period last year. Net earnings for the quarter increased 40.0% to $8.2 million or 63 cents per diluted share, compared to net earni
Thule Creates Executive Team for Trailer Division
Thule appointed Tim Ryan as the president of Thule Trailers Inc. Ryan comes to Thule from Trelleborg Wheel Systems Americas Inc., where he most recently held the position of president of the Swedish company’s US division. Ryan will work out of his offic
Thule 9-month Year-to-Date Sales Jump 9.9%
Thule's sales increase during the first nine months 2005 increased by 9.9% to SEK 2,384 million ($306.7 mm) versus SEK 2,170 million ($289.9 mm). Organic, currency neutral growth was 6.3%. Operating profit before one time charges increased by 5.3 % t
Garmin Sees Q3 Revenues Increase 30%
Garmin Ltd. announced revenue for the third quarter ended September 24, 2005 increased 30% to $251.3 million from $193.6 million in the year-ago quarter. Net income increased to $102.5 million, or 94 cents diluted earnings per share, compared to $67.1 mil
Dunham Adds New Product Manager
Dunham hired Chris Arsenault as Men's Casuals Associate Product Manager. Arsenault comes to the outdoor performance brand with two years of experience in the athletic and sporting industry. As Men's Casuals Associate Product Manager, Arsenault w
Skechers Doubles Bottom Line on 5% Sales Increase
Skechers net sales for the third quarter of 2005 rose 5.9% to $272.8 million compared to $257.7 million for the same period in 2004. Third quarter 2005 net earnings were $12.6 million versus net earnings of $6.0 million in the third quarter of the prior y
Hibbett Renews Credit Facilities
Hibbett Sporting Goods, Inc. renewed its unsecured credit facilities through November 2006 with AmSouth Bank for a maximum of $15.0 million and with Bank of America, N.A., for a maximum of $10.0 million. The credit agreements take the form of two master n
Oakley Sees Owned-Retail Take Bigger Chunk; Electronics Cause Holiday Excitement…
Oakley continued its string of strong results and saw owned-retail take a bigger portion of the business during the third quarter. Management had further cause for excitement as they welcomed the team’s newest member, Richard Shields, as company CFO just
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