adidas-Salomon saw a sizable gain in its gross margin overshadow sales declines across most regions and brand groups to help the company post a 41% increase in net income for the first quarter of 2004. The company pointed to the impact of foreign currency
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Mission Makes a Statement with ITECH…
The parties involved with Mission Hockey and ITECH Sports Products see their announced merge as a perfect fit for two companies playing in the same space with complimentary product offerings. The deal announced last week will see one merged entity surviv
As PE4Life Rallies Feet on the Hill…
In honor of National P.E. day last week, Herschel Walker, Billie Jean King, and a host of other celebrity athletes joined P.E.4Life to release its “Blueprint for Change.” This 10-step action plan is designed to make children healthier through quality, dai
B.O.S.S. Goes One-On-One with… Jack Gilbert
Jack Gilbert is the president and founder of Mountain Hardwear. A long-time industry veteran, Gilbert created MH in late 1993 after attempting an MBO of Sierra Designs, a company he had run since 1989. Prior to SD, Gilbert was the first publisher of OR Ma
SIA Wins Five Awards for snowlinkjr.com
The SIA was recently awarded five different awards for its newly-launched consumer site, snowlinkjr.com. Both the website and the game, Icebox Maniacs, garnered top recognition nationally and in the Denver area. SIA developed snowlinkjr.com with the Fac
Payless April Comps Climb 4.7%
Payless ShoeSource reported that same-store sales increased 4.7 percent during the April reporting period, the four weeks ended May 1, 2004. Company sales totaled $265.6 million, a 5.6 percent increase from $251.5 million during fiscal April of last year.
The Hockey Company Posts Q1 Loss Despite Sales, GM Gains
The Hockey Company's net sales for the 2004 first quarter increased 12.7% to $42.6 million versus Q1 last year. Sales were up approximately 3.7% on a constant dollar basis. Gross margin grew 90 basis points to 45.3% of sales compared with 44.2% in
adidas Signs Prep Star to Six Year Deal; Telfair Will Go to NBA
adidas and Sebastian Telfair have announced they have inked a six-year guaranteed endorsement deal reportedly worth $1 million to $2 million per year. Telfair, the 2003-2004 New York City Player of the Year, also announced that he would forgo college and
High Gear Lands New Rocky Mtn. Reps
Clay Hardin, vice president of sales for HighGear, recently announced the appointment of Kim Miller and Jack Tackle as regional sales and marketing representatives for the company's Rocky Mountain territory. Veterans of the outdoor industry, both Mil
Kelwood Appoints New VP of Int’l Trade Services
Wendy Wieland Martin has been appointed Kellwood vice president international trade services, according to Tom Austin, president of Operating Services Division of
Kellwood. In this new post, Wieland-Martin, most recently director trade services for Kellwo
VF’s Outdoor Coalition Gets More Action and Fashion; New Opportunities Abound…
VF Corporation chairman & CEO Mackey McDonald said the company is “clearly positioning” its Outdoor coalition and VF for “substantial growth” in a release last week and pointed to the results of the most recent quarter and its recent acquisition announcem
OIF Sponsors ‘Get Fit with US’ Event
Outdoor Industry Foundation is the lead sponsor of the first Get Fit With US event to take place in St. Paul, Minnesota on June 5, 2004. The event, which coincides with National Trails Day, will launch an initiative developed by federal agencies t
Garmin Reports 28% First Quarter Sales Increase
Garmin's revenue for Q1 2004 increased 28% to $158.3 million from $123.8 million last year. Net income was $34.7 million, or 32 cents diluted EPS, compared to $41.5 million or 38 cents diluted EPS last year. Q1 net income included a $7.6 million fo
Puma Continues Rally with 65% Q1 Earnings Growth
PUMA AG has kicked off another strong year, posting a consolidated net sales increase of 29.3% to €443.8 million ($554.4 mm) versus €343.2 million ($368.2 mm) last year. On a currency-neutral basis, sales were up 33.2%. Net earnings were up 64.6% to €80.4
Luxottica Q1 Sales Rise 7.9%
Luxottica Group S.p.A. announced results for the quarter ended March 31, 2004. Net sales for the quarter improved by 7.9% to €760.4 million ($949.9 mm). Operating income for the quarter improved 7.9% to €120.1 million ($150.0 mm). Consequently, the operat
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