The U.S. Marine Corps has awarded Danner Boots, a subsidiary of LaCrosse Footwear, Inc., with a five-year contract (one-year base period and four-option years) to produce between 500 and 40,000 boots over the life of the contract. The contract total is fo
Tag: People
Cybex Bottom Line Benefits from Valuation Reserve Reduction…
Cybex International, Inc. reported net sales for the second quarter of $30.0 million, an increase of 10.1% when compared to the $27.2 million posted in the same period last year. Gross margin increased 80 basis points to 86.3% of sales from 85.5% last yea
Sport Chalet Sees Late Winter Boost Q1 Sales…
Sport Chalet, Inc. started their 2007 fiscal year with a bang, posting a double-digit sales increase in the first quarter ended July 2. SPCH said the gain was due to unusually late snowfall in local resorts, which drove demand for winter related items ea
Obituary: Bill Meistrell
Bill Meistrell was a pioneering waterman and lifeguard whose inventions, talents, and exploits helped transform surfing and diving into worldwide phenomena and billion-dollar industries. He died from Parkinson's disease on Tuesday, July 26th at his
Garmin Continues Upward Momentum in Q2…
Garmin continues its sharp growth curve, riding on the popularity of personal navigation devices and outdoor/fitness GPS devices. The company grew sales during the second quarter by 64% to $432.5 million. 1,281,000 units were sold in the second quarter of
Sara Lee Announces Date and Plans for Apparel Spin-Off
Sara Lee Corporation has finalized plans that will see its apparel division spun-off to create a stand-alone, publicly traded company called Hanesbrands Inc., whose shares are expected to begin trading on the New York Stock Exchange under the symbol “HBI,
Payless Sees Slight Q2 Comps and Sales Gains
Payless ShoeSource, Inc. saw comparable store sales increase 2.2% during the second quarter. Total sales for the quarter were $706.4 million, a 1.8% increase from $693.9 million during the second quarter 2005…
Retail Ventures Gets Mixed Results in Q2
Retail Ventures, Inc. saw sales at its Value City stores decrease 3.6% to $290.3 million for the second quarter from $301.1 million during the same period last year. Comparable sales decreased 2.2% at the chain. At Filene's Basement, sales increase
Obit: Belinda Edwards Passes On
On July 23rd Belinda Edwards, a great colleague, friend and soul of the snow industry passed away after a long and defiant battle against an undiagnosed form of cancer.
Known by most as ‘B’, her legacy in the snow industry began in 1987 as a designer at
G.I. Joe’s Extends Agreement with Trail Blazers
G.I. Joe’s and the Portland Trail Blazers have extended their sponsorship agreement through the 2008-2009 season. This agreement continues their association which began in 1976-1977, one of the longest in professional sports…
Easton-Bell Sports to Take Bike Sales In-House
Easton-Bell Sports and Veltec Sports, Inc. will end their distribution agreement on August 31st. The transition marks the final consolidation of the merger between Easton and Bell Sports first announced six months ago in February.
Veltec will continue se
Acushnet Second Quarter Sales and Profits Down on Shift in Deliveries, Promotional Market…
Fortune Brands Inc., which operates the Titleist, Footjoy, Pinnacle, and Cobra brands under its Acushnet Golf business, said that golf clubs, which had a strong first quarter, declined against a strong double-digit increase in the year-ago quarter. Total
Asics Launches Two-Pronged Ad Spend…
Asics America will undertake the largest media spend in company history when it launches two new ad campaigns in August. The first campaign will focus on the brand’s strength in the running market with national print and outdoor advertising in select mark
K-Swiss Delights Wall Street with Strong Second Quarter Earnings Performance…
K-Swiss Inc. led all sporting goods industry gainers on Wall Street last week after reporting stronger-than-expected second quarter earnings on a still-very-sluggish domestic business. The weakness in the U.S. caused revenues to fall short of the company
K2 Inc. Sees Integration Upside for Q2…
K2 Inc. has been busy integrating acquisitions over the last year and a half and the results are trickling down to the bottom line through a 100 point gross margin gain to a 47.4% increase in net income. However, without any new acquisitions to integrate,
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