Russell Parent’s Earnings Down 34%
According to the just-released annual report from Berkshire Hathaway, pre-tax earnings in its apparel businesses declined 34% in 2008, primarily due to lower sales volume and costs incurred to consolidate certain operations of Russell and Vanity Fair Bran
New OIA Report Stresses Importance of Land and Water Conservation Fund
Outdoor Industry Association (OIA) has partnered with 51 conservation groups to release Conserving America’s Landscapes, a new report highlighting the successes of the Land and Water Conservation Fund (LWCF) and stressing the need for full federal funding
Björn Borg Proposes Two Board Members
The Nomination Committee of Björn Borg of Stockholm, Sweden, plans to propose that Monica Elling and Fabian Månsson be elected as new members of the Board of Directors of Björn Borg…
ATA Changes 2010 Trade Show Dates
The Archery Trade Association’s board of directors has changed the 2010 Trade Show dates to Jan. 13-15 to accommodate a scheduling conflict…
Speedo Sales Grow 9% in Fourth Quarter
Warnaco Group's swimwear group saw revenues grow 5.4% to $46.2 million in the fourth quarter. In constant dollars, sales rose 7.6%. Speedo revenues were up 9.0% and operating margin was in the low teens reflecting improved inventory management…
OBIT: Founder of Crazy Creek Rob Hart Dies in Ski Accident
Robert “Rob” Dixon Hart, 51, founder of Crazy Creek Products died Feb. 20 in a skiing accident on Red Lodge Mountain. Hart founded Crazy Creek Products with his first wife Louise “Weezie” Chandler in Red Lodge, MT in 1988…
Sport Chalet Amends Credit Facility
Sport Chalet, Inc. amended its credit facility with Bank of America, N.A. as Bank of America waived SPCH's existing event of default and certain potential defaults, and amended the borrowing base, certain financial covenants and interest rates…
Berkshire Hathaway’s Apparel Earnings Down 34%
According to the just-released annual report from Berkshire Hathaway, pre-tax earnings in its apparel businesses declined 34% in 2008, primarily due to lower sales volume and costs incurred to consolidate certain operations of Russell and Vanity Fair Bran
SIGG Switzerland Names New VP of Marketing
SIGG Switzerland has appointed Scott Radcliffe as vice president of marketing. An industry veteran in the lifestyle category, Radcliffe has demonstrated success in the development and implementation of strategic and integrated marketing programs for leadi
High Sierra Acquires Mervyns Registrations for Trademark
High Sierra Sport Company has acquired all Mervyns registrations for the trademark High Sierra. The purchase price of the sale was undisclosed. High Sierra is first and foremost a bag/luggage company and steadfast about not entering either the footwear or
Crocs Q4 Revenues Slump 44%
Crocs, Inc. reported revenues fell 43.9% for the three months ended Dec. 31, to $126.1 million compared to $224.8 million a year ago. The comfy shoe manufacturer reported a net loss of $33.2 million, or 40 cents per share, in the latest quarter…
Nautilus Delays Q4 Conference Call
Nautilus, Inc. has rescheduled its previously announced conference call to discuss its fourth quarter results to March 10. The company said the rescheduled conference call date is necessary to allow additional time to complete the few remaining items in c
John Shanley Loses Battle with Cancer
John Shanley, 65, veteran footwear and retail research analyst at Susquehanna International Group, passed away last Sunday, after battling with bladder cancer for more than four years. Shanley had twenty-five plus years of experience within the footwear a
PROBAR Moves to Salt Lake City
PROBAR has said it will be relocating from the Park City area to a new and larger facility in Salt Lake City this month. Effective Feb. 16, 2009, PROBAR will call 4752 West California Ave, Suite 1000, Salt Lake City, their new home. During the transition
Asics Lowers Guidance Despite Solid Q3
Asics Corp. reported third quarter net sales of ¥60.42 billion ($628.9 mm), increasing 5.5% from net sales of ¥57.27 billion ($506.3 mm) last year. The company saw growth in both footwear and apparel more than offset a slight decline in equipment sales, b
