Deckers Outdoor Corp. reported fourth-quarter profits jumped 39.8 percent, to $124.7 million, or $3.18 a share. Sales vaulted 40.4 percent to $603.9 million. Ugg brand sales increased 37.7 percent to $568.5 million while Teva brand sales increased 45.9 pe
Tag: People
Columbia/Sorel Reaches E-Commerce Agreements for Europe and Canada
PFSweb, Inc., an international provider of end-to-end eCommerce solutions, announced it has launched an agreement with Columbia Sportswear Company to provide online direct-to-consumer support services throughout Europe and Canada for the Columbia and Sore
Kohl’s Profit Falls 7.9 Percent Amid Sales Decline
Kohl's Corporation reported fourth quarter diluted earnings per share increased 9 percent to $1.81. Net income for the quarter decreased 8 percent to $455 million, compared to $494 million ($1.66 per diluted share) a year ago. Net sales were $6.0 bil
L.H. Thomson Receives QBP 2012 Vendor of the Year Award
QBP presented the third annual Vendor of the Year Award to L.H. Thomson at Frostbike 2012 in Bloomington, MN. The Macon, Georgia-based company manufactures seatposts and stems for road and mountain bikes…
Skullcandy Swings to a Profit as Sales Jump
Skullcandy, Inc., the maker of headphones, earbuds and gaming headsets targeting the action sports and outdoor space, reported fourth quarter net sales increased 29.0 percent to $83.4 million, with domestic net sales increasing 27.0 percent, international
Report: Tennis Players More Strategic Around Purchases
According to a report from the Tennis Industry Association, more than three-fourths of frequent tennis players have become more strategic in how they buy things, thinking more about how their purchases will fit into their lives…
Superfeet Appoints Product Manager
Superfeet Worldwide Inc. has hired Dan Wakeland as product manager, a multi-faceted senior level role responsible for researching, designing and bringing new products to market…
The North Face and Patagonia Reevaluate Down Supply
The North Face and Patagonia are looking for alternative suppliers of down feathers after being targeted by animal rights activists for buying from a California company that sources feathers from force-fed geese in Hungary, The Telegraph of London has rep
Billabong Considers TPG’s Revised Takeover Bid
Billabong said Monday it will consider a revised Aus$765.3 million (U.S. $825.3 mm) takeover offer from U.S. private-equity firm TPG Capital. TPG made an offer of the same value early last week, but that proposal precluded asset sales. The initial offer w
PR Vets Partner, Sign up Two New Clients
What's UP Public Relations and SOAR Communications have partnered to share assets and abilities to best serve new clients, including the new accounts of Scandinavian apparel-maker Bergans of Norway and startup premium sport trailer manufacturer Road
K-Swiss’s Q4 Losses Widen
K-Swiss widened its net loss in the fourth quarter to $25.2 million, 71 cents per share, compared with a net loss of $20.6 million, or 58 cents, per diluted share, for the prior-year period. Total worldwide revenues increased 17.8 percent to $50.2 million
Billabong Sells Minority Stake in Nixon, Spurs Takeover Offer
Billabong has sold a 48.5 percent share of its Nixon brand to the private equity firm Trilantic Capital Partners, will close up to 150, or 20 percent, of its stores and slash its dividend in a bid to strengthen its capital structure. The Australian compan
Golfsmith Promotes Sue Gove to President
Golfsmith International Holdings, Inc. announced that Sue E. Gove has been appointed president of the company, in addition to maintaining her role as chief operating officer and chief financial officer…
Warm Weather No Problem for VF Corp.
VF Corp. reported profits for the fourth quarter on an adjusted basis jumped 34 percent, benefiting from the acquisition of Timberland Co. as well more than 20 percent growth for The North Face and Vans brands…
MandA Fees Hurt Derby Cycle Earnings in Fourth Quarter
Derby Cycle AG said preliminary figures indicate its sales increased 6.6 percent in the quarter ended Dec. 31 2011, but that costs incurred fighting off an unsolicited offer hurt profits…