Puma Q4 Income Falls on 37.6% sales Increase
Puma finished the first year of Phase IV of its long-term corporate development better than expected. In Q4, consolidated sales increased 37.6% to €480.6 million ($620 mm). Footwear rose by 30.3% to €273.2 million ($352 mm) while Apparel increased by 79.4
GSI Commerce Sees Cash Flow Positive Year…
GSI Commerce looks to have possibly turned a corner in 2006 as the company posted its first year of positive free cash flow. In all, the company saw growth in both sales and service fee revenues, but it was a provision for income taxes adding approximatel
Collegiate Pacific Posts Less Than Stellar Q2…
Collegiate Pacific posted sales increases in the second quarter as well as improved margins and flat expenses, but was forced to lower its annual guidance as the sales gains were not quite up to expectations. According to Adam Blumenfeld, CEO, “top line g
Hibbett Forms Holding Company…
Hibbett Sporting Goods, Inc. moved itself under the command of the holding company it created named Hibbett Sports, Inc. The holding company was formed to “correct a technical error with respect to certain of the company's shares and to separate the
Golf Galaxy Officially Part of Dick’s Sporting Goods…
Dick's Sporting Goods, Inc. completed its acquisition of Golf Galaxy, Inc. with each outstanding share of Golf Galaxy common stock converted into the right to receive $18.82 per share in cash, without interest…
Sport-Haley Sees Red in Fiscal Second Quarter…
Sport-Haley, Inc. remains on a search for a place to sell its Top-Flite branded apparel after Wal Mart stopped carrying the brand after in September 2006. The loss of that customer hurt sales, which paired with the loss of a major order for the Ben Hogan
SSL Adds New Members After Winter Sports Market…
Sports Specialists Limited reported a successful Winter Sports Market ’07 with 95% participation from its retailers, on par with last year, and over 80 suppliers in attendance. In addition, SSL welcomed three new retailer members including Sportsman Chale
American Skiing Co. to Sell Mount Snow and Attitash…
American Skiing Company has entered into a definitive agreement to sell its Mount Snow and Attitash resorts for $73.5 million to Peak Resorts Inc. The announced sales follow the December announcement of the planned $265 million sale of Steamboat resort. I
Bälle de Mätch Hires Two New Sales Reps
Bälle de Mätch hired two new sales representatives, Terry Gratz and Laurie Bouch, who have joined the California-based tennis apparel company to manage sales in the Northeast and Southeast regions…
American Skiing Co. to Sell Mount Snow and Attitash
American Skiing Company has entered into a definitive agreement to sell its Mount Snow and Attitash resorts for $73.5 million to Peak Resorts Inc., a resort operator with ski resorts in Missouri, Indiana, Pennsylvania, New Hampshire and Ohio. The announce
Merck Takes Over for Heckman as K2 CEO
K2 Inc. appointed J. Wayne Merck as the company's president and CEO, and to the board of directors. Richard J. Heckmann, who has been the chairman of the board of directors since April 2000 and CEO since October 2002, will remain as chairman of the b
Everlast Inks Licensing Deal for Holistic Pain Relief Products
Everlast Worldwide Inc. has signed a license agreement with Bossong Mills Inc. to launch the “Everlast Pain Manager,” a graduated compression band for joint pain produced with Bossong's revolutionary carbon fiber technology. This new product will be
Gander Pulls Realistic Airsoft Guns off Shelves…
Gander Mountain Company is pulling realistic replica guns from its stores in Minnesota and will sell only airsoft guns that are obviously and unmistakably toys. Gander Mountain will phase out realistic replica guns, in favor of guns that are more obviousl
Timberland Restructures for the Future…
In conjunction with reporting its financial performance for the fourth quarter and the year, Timberland announced the departure of the company’s COO, Ken Pucker, who had been with the company for 15 years. Beginning in the second quarter, Timberland will
Sport-Haley Sales Dip Takes Net Income into Red
Sport-Haley, Inc. saw net sales for the fiscal second quarter ended December 31, 2006, of $4.2 million, decreasing 5% from $4.4 million for the same period last year. The company saw net income slip to a loss of $221,000 for the quarter from a profit of $
