Aldila, Inc. intends to commence a “Dutch auction” tender offer to acquire shares of its common stock. The golf company intends to spend up to $7.5 million to repurchase up to 496,688 shares of common stock, or up to 9% of the outstanding shares at a pric
Tag: People
Shimano Sees Balanced First Half Growth…
Shimano saw net sales increase 24.0% to ¥99.79 billion ($831.2 mm) for the first half ended June 30 from ¥80.49 billion ($696.2 mm) during the year-ago period. Sales increased in each of its three divisions as well as in each region across the globe…
The New Green Consumer…
With sustainable manufacturing and materials coming to the forefront of the outdoor industry over the past few show seasons, it is becoming more apparent that “green” design is much more than a passing fad. While many trends in outdoor and snowsports are
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
Big Agnes Bowls for Leave No Trace
Big Agnes Inc. raised over $5,000 for Leave No Trace through its 3rd annual Summer Outdoor Retailer event, Big Agnes Bowl-O-Rama…
Perry Ellis Q2 Sales Helped by Golf Business
Perry Ellis International, Inc. second quarter of fiscal 2008 revenues grew to $195.3 million, a 14.2% increase compared to $171.0 million in the second quarter ended July 31, 2006. Revenue increases were driven by several of the Company's growth pla
Phoenix FW Q2 Loss Widens on Sales Decline…
Phoenix Footwear Group, Inc. saw net sales from continuing operations for the second quarter of fiscal 2007 decrease 11.3% to $25.2 million, compared to $28.4 million for the second quarter of fiscal 2006. The decline was primarily driven by a 47.7% decre
Bob’s Stores Posts 10% Comp Gain in Q2; Narrows Loss…
The TJX Companies, Inc. reported that its Bob’s Stores division posted a 10% comparable store sales gain for the fiscal second quarter ended July 28 on top of a 6% increase in the second quarter last year. Total sales increased 10.7% to $71.3 million from
Easton-Bell Q2 Profits Soar on Better Margins…
Easton Bell Sports finished its first full quarter after the merger between Easton and Riddell-Bell Sports anniversaried in March with low-single-digit organic sales growth that led to very strong bottom line growth. Most of the sales increase came from t
Acushnet Parent to See Changes at the Top
Fortune Brands, Inc. will see its current president and COO, Bruce Carbonari, succeed Norm Wesley as CEO effective January 1, 2008. Wesley will continue as chairman of the board. He will have served as CEO for eight years at the time of the transition. C
Asia OutDoor Sees Growth Opportunity in China
According to the Asia OutDoor Show, mountaineering and other outdoor activities are rapidly gaining in popularity in China. In addition to manufacturing more than 60% of all outdoor brand products on the global market, China has 5,000 mountain peaks that
Head Q2 Winter Sports Gains Not Enough to Offset Racquet Softness
Head N.V. saw sales decrease 3.4% for the second quarter to €61.6 million ($83.1 mm). The company posted a net loss for the period of €6.5 million ($8.8 mm), growing 38.3% from a €4.7 million ($5.9 mm) loss in Q2 2006. Winter Sports revenues for the quart
BJ’s Sees 1.5% July Comp Gain
BJ's Wholesale Club, Inc. reported sales for July increased by 6% to $650.5 million from $613.9 million. On a comparable club basis, July sales increased by 1.5%…
Kohl’s Sees Flat July Comps
Kohl's Corporation reported sales for the four-week period ended August 4 increased 7.7% over the four-week period ended July 29, 2006. On a comparable store basis, sales were flat to last year…
Jarden Completes K2 Acquisition
Jarden Corporation announced that it has completed its acquisition of K2 Inc. The transaction is valued at approximately $1.2 billion, including the assumption or repayment of indebtedness…