ASICS Nine-Month YTD Revenue Jumps 16.7%; Names New President…
ASICS reported 16.7% revenue growth for the first nine months of the year to ¥166.01 billion ($1.42 bn) from ¥142.21 billion ($1.23 bn) for the year-ago period. The company saw strong operating income growth of 14.9% to ¥19.15 billion ($163.5 mm), but onl
Red Oak to Cease Operations…
Red Oak Sportswear, the maker of licensed sports apparel in College Station, TX, plans to cut 124 jobs as it winds down operations, according to documents filed with the Texas Workforce Commission. The company, a division of Illinois-based Knights Apparel
Timberland Posts a Disappointing Year; Timeline for Turnaround Undefined…
The Timberland Company saw the fourth quarter of 2007 as the culmination of “a very challenging and disappointing year” for the company. Weak retail market conditions were cited as an issue that exacerbated fashion shifts away from the brand…
LaCrosse To Ship More Winter Boots to Marines…
LaCrosse Footwear, Inc.'s Danner subsidiary received a $900,000 delivery order as part of the Mountain Cold Weather Boot contract awarded by the United States Marine Corps (USMC) in 2006…
Co-Founders Buy Back prAna…
The week's second high-profile deal involved Beaver Theodosakis and his co-founders taking back prAna from Liz Claiborne with help from PE firm Steelpoint Capital Partners in a management led leveraged buyout. prAna was acquired by Liz for $34.4 mil
Sun and Ski Upgrades Online Product Reviews
Sun & Ski Sports has chosen PowerReviews to collect, organize, structure and moderate customer product reviews on its Web site. The 15-store retail chain's e-commerce site advertises 1,000 SKUs from 100 brands…
Raleigh to Take Top Dealers to China
Raleigh USA recognized its top 25 Raleigh and Diamondback bicycle dealers for 2007 and said it would take them on a tour of its production facilities in China Feb. 23 through March 1.The itinerary includes visits to the cities of Shanghai, Guangzhou and H
Callaway to Produce St Andrews Links Accessories
Callaway Golf has agreed to a five-year worldwide license with St Andrews Links to develop a dual branded range of golf accessories. The partnership, brokered by Copyright Promotions Sport on behalf of St Andrews Links, will allow the world famous St Andr
LaCrosse to Ship More Cold Weather Boots to Marines
LaCrosse Footwear, Inc.'s Danner subsidiary won a $900,000 delivery order under its Mountain Cold Weather Boot contract with the United States Marine Corps. Danner will supply the troops in Afghanistan with 5,730 pairs of the boot in several shipment
HBI Sees Champion Sales Up Double-Digits in ‘07…
The Champion brand delivered double-digit sales gains for the third year in a row while sales of Hanes brands were up mid-single-digits…
Callaway Golf Ends Strong 2007 With Weak Fourth Quarter…
Callaway Golf finished a strong 2007 with a rather lackluster fourth quarter as net sales decreased and the quarterly loss widened considerably. However, the soft quarterly results came in the company’s smallest and slowest quarter, which allowed ELY to s
LaCrosse Posts Positive Year Despite Slower Q4…
LaCrosse Footwear, Inc. saw slowing sales in the fourth quarter, leaving the company with 23% more inventory at the end of the year than a year earlier. But the company said subsequent cold weather had cleaned out most retailers' inventory and it di
Nautilus Cancels Acquisition of China Factory…
Nautilus Inc. canceled plans to buy its largest contract manufacturer in Xiamen, China. In a filing with the SEC, the company said it would likely have to forfeit the $18.5 million non-refundable deposit paid to Land America Health & Fitness Co. as part o
Sport Supply Group Returns to Profitability in Fiscal Second Quarter…
Sport Supply Group, the entity formed with the merger of Collegiate Pacific and the former Sport Supply Group, reported last week that fiscal second quarter revenues rose 9.5% to $54 million from $49 million in the prior-year period. The bottom line for
Unifi Halves Fiscal Q2 Loss…
Polyester yarn maker Unifi Inc., whose Repreve recycled polyester has become a major staple of sustainable apparel in the outdoor industry, said it cut its second-quarter losses 57% on a 17% increase in net sales…
