Mizuno Corp. posted a strong third quarter that helped to buoy results that had been lagging during the first half.
For the quarter ended December 31, 2007, net sales grew 12.8% to ¥43.20 billion ($381.9 mm) from ¥38.31 billion ($325.2 mm)…
Tag: People
Golf Report: Sport-Haley Swings to Net Profit on 5% Sales Gain…
Sport-Haley, Inc. saw increased sales in its SPORT HALEY brand combine with Top-Flite sales that did not occur in the year-ago period to boost its overall fiscal second quarter net sales. The increased Q2 net sales, in turn, brought the company into the b
Nautilus Inc. Posts First Quarterly Loss in Q4…
Nautilus Inc.'s struggles continued in the fourth quarter as the manufacturer lost $47.7 million, or 99 cents a share, in the fourth quarter. That loss compares with earnings of $12.9 million, or 40 cents, a year ago. Sales tumbled 20.3% to $147.3 m
New Era Cap and Teamsters Settle Dispute…
New Era Cap Co. and the local teamsters union have reached a deal at the company's 118-worker distribution center in Mobile, AL. This deal marks the first contract for the warehouse, where workers voted 57-53 on July 12 for union representation. Rece
Escalade Sports Sales Slip in Q4…
Escalade Inc. said sporting goods revenues in Q4 and fiscal 2007 were down 12% and 5%, respectively, due to lower sales to mass market retail customers. The company said industry-wide erosion in consumer demand for soccer and hockey game tables was the pr
New Era, Teamsters Settle Dispute
New Era Cap Co. and the local teamsters union have reached a deal at the company's 118-worker distribution center in Mobile, AL. Details weren't released. Said Christopher Koch, CEO of New Era. “This contract solidifies what I hope will be a lon
180s Signs International Distributors
At ISPO, the Maryland-based apparel and accessories company signed up two international distributors. Cizen will represent the line in Japan, Italy, France and Germany and Dogree Fashions will distribute the product in Canada. 180s said it had also partne
Hedge Fund Buys 6.9% of Deckers
Renown hedge fund Renaissance Technologies has acquired 6.9%, or 896,700 shares, of stock in Deckers Outdoor Corp.Shares of Deckers stock were trading up nearly $5, or just over 4%, in the $120 a share range by midafternoon. Decker's owns the Ugg, Si
Modell’s/Wilson Donate Footballs for Superbowl Wager
Modell's Sporting Goods and Wilson Sporting Goods donated 2,008 footballs as part of a Super Bowl wager to the Department of Youth and Community Development (DYCD) for distribution and youth sports programs across New York City. Food was also donated
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
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…
Cabela’s Identifies New Store Openings…
Following its lackluster fourth quarter sales report last week, Cabela's said that despite its plan to cut capital spending by 70%, it still plans to open stores in Scarborough, ME and Rapid City, SD, in 2008. Stores scheduled to open in 2009 include
Recall: Trek Girls Bikes…
Trek Bicycle Corp. is recalling approximately 49,000 girls bicycles, because the bike frames may break while in use. Trek has received 13 reports of frames breaking, including four minor injuries. The recalled product is the Trek MT220 girls bicycles mode
Allied Capital Commits $68 Million to Augusta Sportswear
Allied Capital Corporation said it has invested $68 million of secured second lien debt plus a minority equity co-investment to support the buyout of Augusta Sportswear Group by private equity firm Quad-C Management. As reported, Linsalata Capital Partner
Ross Stores Comps Rose 1% in January
Ross Stores, Inc. reported same-store sales rose 1% for the four weeks ended Feb. 3 and 2% for the 13 weeks ended Feb. 2, 2008 over the comparable periods a year ago. Ross said sales for the four-week period rose 9% to $350 million…