For the third straight year, the Nautilus, Inc. Tulsa manufacturing facility has been honored by the state of Oklahoma for its safety and health achievement…
Tag: People
Adams Golf Sales Climb 18%
Adams Golf reported net sales of $30.4 million for the second quarter ended June 30 compared to $25.7 million a year ago, a gain of 18%. Net income reached $2.5 million, or 10 cents a share, up from $1.8 million, or 8 cents, a year ago…
Golfsmith Switches to Net Income Despite Comps Decline
Golfsmith International Holdings, Inc. saw second quarter net revenues increase 9.6% to $125.0 million from $114.1 million for the second quarter of fiscal 2006. Sales benefited from the opening of new stores, but was offset by a 4.8% decrease in net reve
Black Diamond Hires Crouse and Thesenga
Black Diamond Equipment Ltd. announced several key personnel changes to strengthen their team and meet continued strategic growth objectives. In the past two years, Black Diamond has made major investments in its infrastructure, opened BD Asia in Zhuhai
Hidary Group Back in Everlast Acquisition Game
Everlast Worldwide Inc. has entered into a settlement agreement with Hidary Group Acquisitions, LLC and Hidary Group Acquisitions, Inc. providing for the dismissal, with prejudice, of Hidary’s lawsuit against Everlast, which sought to block Everlast’s pen
prAna Acquires Scapegoat Outerwear
prAna has acquired Sacapegoat for an undisclosed sum. The deal is intended to expand its product offering to include a premium line of technical outerwear marketed as “Scapegoat by prAna.” This acquisition also marks a strategic partnership between Scape
Cabela’s Q2 Income Soars Despite Weak Comps…
Cabela’s saw strong top line gains boost earnings in spite of a slight comps decline during the second quarter. The sales growth was primarily due to new store openings as decreased store traffic in established markets more than offset higher ticket price
Escalade Sports Sees Increased Specialty Sales in Q2…
Escalade Sports saw second quarter sales increase 2.8% to $34.1 million from $33.2 million last year due to increased sales to the specialty market, which includes dealers and specialty sports retailers…
Nike Extends Indonesia Shoe Deal…
Nike Inc. agreed to extend shoe production at two Indonesian factories employing 14,000 workers for up to 18 months, after receiving assurances from the local supplier about quality and future severance deals. Nike had previously said it would stop workin
Gildan Q3 Earnings Climb on 24.7% Sales Gain…
Gildan Activewear reported Q3 sales jumped 24.7% to $291.6 million from $233.9 million a year ago. The increase was due to $30.5 million of sock sales pursuant to the acquisition of Kentucky Derby Hosiery and an 11.6% increase in unit sales volumes for ac
NexCen Inks Deal to Open 100 Athlete’s Foot Stores
NexCen Brands, Inc. signed a 20-year deal with TAF Mid-America Enterprises, Inc., a domestic and international franchisee of The Athlete's Foot for the last 17 years, to open a minimum of 100 additional TAF stores over the next 14 years. The minimum
Asics Sees 10% First Quarter Top and Bottom Line Gains
Asics Corp. reported a 10.0% increase in global net revenues to ¥56.84 billion ($471.2 mm) for the first quarter from ¥51.68 billion ($451.7 mm) last year. In the U.S., sales increased 11.4% to ¥12.24 billion ($109.8 mm), while operating income inched up
SGMA Supports Youth Sports Legislative Package
The Sporting Goods Manufacturers Association is throwing its support behind a new legislative effort on Capitol Hill that will help to encourage youth sports participation. The Youth Sports Legislative Package includes seven bills, three of which are curr
Big 5 Sees Q2 Net Down 20% on Comps Decline
Big 5 Sporting Goods Corporation recorded a 2.9% increase in second quarter sales to $217.8 million from $211.8 million for the second quarter of fiscal 2006. Same store sales, however, declined 0.2% for the quarter, representing the company's first
VF Corp. Goes Contemporary with Lucy, Seven for All Mankind Deals…
VF Corporation saw good timing in its latest acquisition moves as the company acquires two strong brands focused on women, creates a new coalition focused on the contemporary business, welcomes back a key manager to the VF family, and strengthens its posi
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