Umbro plc did not have a major event in the first half of the fiscal year to enable the company to anniversary strong licensed apparel sales attributed to the Euro 2004 Championships last year, but the company didn’t have to pay out a £26.8 million in div
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Quiksilver to Establish Wintersports HQ in Park City; Rossignol to Move from Vermont…
Quiksilver reported a very solid fiscal third quarter with sales climbing in the low double-digits and income outpacing sales by more than a two to one margin, but the company probably received more attention for their announcement that they would move th
Shimano First Half Sales Flat…
Shimano’s second quarter did not meet expectations, with sales only climbing 1.4% to ¥42.5 billion ($395.9 mm) compared to ¥41.9 billion ($383.1 mm) last year.
Sales of bicycle components accounted for 70.7% of sales, or $279.9 million, a 1.6% increase o
Bush Signs SAFETEA-LU Bill; Provides Funding For Recreation…
The Safe, Accountable, Flexible, Efficient Transportation Equity Act-Legacy for Users (SAFETEA-LU) was signed into law by President Bush last month, providing $612 million for Safe Routes to School, $370 million for Recreational Trails, and $893 million f
TaylorMade-adidas Golf Appoints Three Executives
TaylorMade-adidas Golf Company has added three executives to strengthen its U.S. sales and service team. David Gibbons, formerly a CEO at MacGregor Golf, has been hired as SVP/GM of TM-aG. Doug Holt, formerly the national sales manager at Spalding and di
Umbro Swings to Profit in First Half; US Sales Double
Umbro plc reported that total wholesale equivalent sales, which is the Group’s buy/sell sales plus the wholesale value of licensees’ sales, for the first half declined 10.1% to £175.4 million ($329 mm) from £195.1 million ($356 mm) in H1 2004. Umbro post
Quiksilver’s Fiscal Q3 Income Jumps 26% on 11% Sales Increase
Quiksilver's consolidated net revenues for the third quarter of fiscal 2005 increased 11% to $373.8 million from $337.9 million in 2004. Consolidated net income for the third quarter of fiscal 2005 increased 26% to $24.6 million from $19.5 million th
Trek-Tech Inks Canada Distribution Deal
Trek Technologies LLC, d.b.a. Trek-Tech, plans to expand its North American presence by finalizing an agreement with Gentec International of Markham, Ontario, to distribute the company's products in Canada.
Everlast Inks Licensing Deal for Spain, Portugal and the Canary Islands
Everlast entered into a licensing agreement with Misterio del Mar S.L. of Vigo, Spain for the launch of Everlast-branded sports apparel and hats for men, women and children in Spain, Portugal and the Canary Islands. Set to debut Fall 2006, the new Everlas
Athletic Footwear: The Rumors of My Death are Greatly Exaggerated…
Wall Street analysts seemed to be working overtime the last few weeks, apparently trying to justify some recent comments made by a few that athletic footwear is on the decline. While a few retailers did report a slowdown in their Q2 sales of sneakers, mo
Delay of Talks on Embargoes Could Limit Assortments this Winter…
In late June, the Department of Commerce placed quotas on apparel imports from China. Those quotas, which were quickly filled when larger vendors and retailers aggressively moved to secure deliveries, have now turned into an embargo and many retailers may
Kellwood Elects New Board Member
Kellwood has elected Ben B. Blount, Jr. to the Company’s
Board of Directors. Blount, a seasoned executive in the apparel industry for more than 40 years, most recently served as executive vice president, finance, planning and administration, and chief fin
Hurricane Katrina: The Impact and the Aftermath…
When Hurricane Katrina hit the gulf coast last week it was first assumed that New Orleans had lucked out as the storm moved east and hit the Mississippi coast head on. As we all know by now, the subsequent flooding of the city of New Orleans, the effect
Embargo Negotiations Stall in Beijing; Katrina Delays Talks…
As BOSS reported last week (BOSS_0535) the Department of Commerce in late June placed quotas on apparel imports from China. Those quotas, which were quickly filled when larger vendors and retailers aggressively moved to secure deliveries, have now
CamelBak and Mystery Ranch to Partner on Military Programs…
CamelBak agreed in principle to a strategic partnership with Mystery Ranch Backpacks to design and manufacture pack and hydration systems for the military, special operations, and elite tactical markets. Under the agreement, Mystery Ranch and CamelBak wil
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