Thule acquired United Welding Services, a $40 million tool box and side step company based in Perry, FL.The company said that this will support Thule's growth in load carrying solutions for professional users…
Tag: People
Forzani Group Sees Another Strong Quarter…
Forzani’s second quarter was boosted by strong sales of footwear and hardgoods and improved gross margins spurred by more efficient inventory management. Wet weather and flooding in Western Canada slowed down sales for the month of June, but July bounced
Nike Launches Leave Nothing NFL Campaign
This weekend Nike will kick off the pro football season with a new campaign, “LEAVE NOTHING,” that promises to capture “the true essence of football.” The ads including broadcast, digital and print executions feature Shawne Merriman (San Diego Chargers),
The Finish Line Q2 Comps Decline 4.7%; Expects Loss
The Finish Line, Inc. recorded net sales of $343.0 million second quarter, increasing 1.3% versus consolidated net sales of $338.6 million for the same period last year. Total company comparable store net sales for Q2 decreased 4.7%. By concept, Finish Li
Wal-Mart August Comps Increase 2.8%
Wal-Mart Stores, Inc. net sales for the month of August increased 7.8% to $18.157 billion compared to $16.836 billion last year. Comp store sales for the month were up 2.8%…
Sports Supply Group’s ’07 Profits Soar 106%
Sport Supply Group, formerly Collegiate Pacific, reported earnings jumped 106% in its fiscal year ended June 30, to $3.86 million or 38 cents a share, from $1.9 million, or 19 cents, a year ago. Revenues increased 5.6% to $236.9 million from $224.2 millio
BOSS Goes One on One with… Mountain Hardwear’s Mike Wallenfels
Mike Wallenfels was recently elected chairman of Outdoor Industries Association, succeeding GoLite CEO, Kim Coupounas, who held the position for two years. Wallenfels has been president of Mountain Hardwear since November of 2004. Before that he was VP of
Antigua Fiscal ‘07 Revenues Driven by Licensed and Golf…
Antigua Enterprises Inc. saw sales grow 8.5% in its year ended April 30, to $51.9 million from $47.9 million the prior year. The Licensed channel grew 16% and the Golf division grew 12%. Sales in both divisions have been fueled by new products and new fab
Dynamic Brands Adds Slotline Putters to Stable
Dynamic Brands, the parent Company for The Bag Boy Company, The Baby Jogger Company, and AMF Golf, has acquired Long Beach, California-based Slotline Golf, Inc. As part of the acquisition of Slotline, Dynamic Brands will assume all assets from Slotline Go
Quiksilver Sues Over Roxywear by Roxx Label
Quiksilver is suing Los Angeles-based Kymsta Corp. again over its Roxywear by Roxx clothing line, citing trademark infringement. The surf company, based in Huntington Beach, first sued Kymsta in 2002, prompting a counter suit from Kymsta contending its Ro
REI Plans Two Stores for Chicago Area
Recreational Equipment, Inc. plans to open new stores in Schaumburg, Ill. and Lincoln Park, Ill. The locations will double REI’s presence in the Chicago metropolitan area by 2008…
Rocky Brands Consolidates Distribution
Rocky Brands will be consolidating its distribution operations in an effort to improve customer service and increase the company's profitability, according to Chairman and CEO Mike Brooks. Rocky Brands will immediately begin a transition plan to dist
Timberland Names SVP and CAO
The Timberland Company has named Carden N. Welsh as senior vice president and chief administrative officer. Mr. Welsh served as Timberland's senior vice president – international from 1998 until 2003 and as treasurer from 1991 until 1998. The company
Foot Locker Limits Q2 Losses; Points to Aggressive Turn-Around Plans…
Foot Locker, Inc. saw shares jump more than 10% last week after surprising Wall Street with better-than-expected bottom line results and management offered up a solid plan for turning around a very tough athletic footwear business in the mall. The increa
Jackson Kayak Adds to Executive and Production Team
Jackson Kayak is ramping up with new talent in its executive office, production and factory staff. Jackson has added a new Chief Financial Officer, Dave Olson, who will lead operations with a help from industry veteran John Shepherd, formerly of Wilderne