Retailers’ reluctance to own inventory has enabled Jarden Outdoor Solutions to pick up shelf space, said Jarden Corp.’s Chairman and CEO Martin Franklin. That desire has insulated JAH from the so-called “trade-down’ effect, in which nervous consumers trad
Tag: People
Warnaco Swim Revenues Decline 5% in Q1
The Warnaco Group, Inc. saw net revenues rise 18% to $574.9 million compared to $485.9 million in the prior year period. Swimwear Group revenues were $107.2 million, a 5% decline compared to the prior year period, and operating income decreased 9.0% to $1
Sherpani Hires New Outdoor Director of Sales
Sherpani, the maker of backpacks for women, announced the addition of Gillian Pierce as director of sales for the global outdoor market and Rebecca Pallas as assistant sales manager…
Eddie Bauer Squeaks Out Mild Comp Gain
Eddie Bauer Holdings, Inc. squeaked out an 0.5% increase in same store sales on a 3.9% growth at its retail stores and a 3.1% decline at its outlet stores. The company said its first quarter loss was reduced to $19.3 million from $44.8 million a year ago.
Puma’s U.S. Revenues Drop 14.2% in Q1
Puma said that in the U.S. market, sales were down 14.2% to $134.1 million (86.36 million euros), affected by the continued moderate environment in the mall-based business. Puma also said orders for the U.S. by the end of the quarter were down 20.8%…
Knight’s Nike Stock Sales Surpassed $1B in April
Nike Founder and Chairman Philip Knight, 70, has sold 15.5 million shares of the company's stock for $1.05 billion since early April, according to a tally by The New York Post. Knight has donated hundreds of millions of dollars in recent years to his
Nau Shutters Doors After Just 14 Months…
Nau, the ambitious Portland-based outdoor retailer, announced Friday it was closing just 14 months after launching. In a statement on its website, the sustainable apparel company blamed tight credit markets…
Nautilus Reports Q1 Sales Decline; Swings to Net Loss
Nautilus, Inc. reported net sales from continuing operations for the first quarter declined 5.4% to $129.6 million compared to $137.0 million for the corresponding period last year. The company's loss from continuing operations widened for the quarte
Delta’s Third Quarter Suffers on Activewear Decline…
Decreased sales from its activewear segment offset gains in the retail-ready business for Delta Apparel in the fiscal third quarter leading the company to post a net loss after a year-ago gain. Sales for the fiscal third quarter ending March 29, 2008 fel
The SportsOneSource Group Expands Research Capabilities
The SportsOneSource Group has expanded its market research capabilities through the addition of survey and panel data analysis reporting. The new group, led by a new manager of market research analysis, broadens the product and service offerings for the
Oakley’s Q1 Sales Up 15%; Sporting Goods Down…
Luxottica Group said Oakley's Q1 revenues jumped 15%, with double-digit revenue growth in optics and apparel, footwear and accessories businesses. Oakley, which was acquired by Luxottica last year, was led by its O Store retail comps climbing close t
Golf Sales Climb 8% for Fortune Brands
Fortune Brands reported sales in its golf division rose 8% in the first quarter, to $396.4 million from $367.1 million. Operating income sunk 3.9% to $51.5 million from $53.6 million. Its golf brands include Titleist, Cobra and FootJoy…
Hydrapak Hires Sales and Service Support
Hydrapak appointed Jim Vernon as its new Sales Coordinator and David Kim the new Service Coordinator. Together they will help assist with the increased sales and communication activity created by the rapid growth of the Hydrapak brand in hydration packs a
Columbia’s Q1 Profit Falls 23.8%
Columbia Sportswear Co. reported Q1 revenues rose 3% to $297.4 million from 289.6 million a year ago. Earnings fell 23.8% to $19.9 million, or 56 cents a share, from $26.1 million, or 71 cents, a year ago. Global fall 2008 order backlog was $714.4 million
DSW Opens Three Stores
DSW announced the opening of three stores in Atlanta, GA; Dulles, VA; and Noblesville, IN. In 2008, DSW plans to open at least 30 new stores…