West Marine, Inc. operating results for the fourth quarter and full year 2005 were further reduced, compared to previously-released preliminary results, by an additional $6.6 million pre-tax, non-cash impairment charge related to internal software costs n
Tag: People
Brown Shoe Makes Three Executive Appointments
Brown Shoe Company, Inc. President Diane M. Sullivan added Chief Operating Officer to her responsibilities; Andrew M. Rosen has been promoted to Executive Vice President and continues as Chief Financial Officer, and Michael I. Oberlander has been promoted
Sugoi Hires Sierra Designs Vet as VP of Sales
Sugoi Performance Apparel hired James Samuel who will join Sugoi April 17th as VP of Sales. Samuel has held sales and marketing roles in the performance sports sector for over 10 years. With tours as International Sales Manager for both Pearl Izumi and S
Golf Galaxy Adjusts Fiscal 2007 Guidance on GolfWorks Acquisition
Golf Galaxy, Inc. provided its fiscal 2007 outlook, which includes the impact of its recent acquisition of The GolfWorks. Golf Galaxy said that for its fiscal year ending March 3, 2007, net sales are currently expected to be $305 million to $315 million.
True Temper Q4 Sales Jump 27.4%
True Temper Sports, Inc. saw net sales for the fourth quarter increase 27.4% to $27.4 million from the $21.5 million recorded during the fourth quarter of 2004. Net sales for the full year 2005 increased 19.5%, to $117.6 million from $98.4 million in 2004
American Whitewater Benefits From Jackson Kayaks’ 1% For the Planet
Jackson Kayak is putting its money where its environmental beliefs lie. The country’s fourth largest seller of whitewater kayaks has designated American Whitewater as the main beneficiary of proceeds raised from Jackson’s recent membership in 1% For the P
Finish Line Cuts Q1 Guidance on Launch Shifts, Weakness in Women’s Product Sales…
The Finish Line saw the shift of launch product affect their fiscal fourth quarter and will now apparently see a more painful shift in the first quarter as well. After seeing Nike move product launches from February to January, a similar issue will affec
Forzani Boosts Bottom Line With Double Digit Corporate Comps
The Forzani Group Ltd. retail sales for the quarter ended January 29, 2006, were $438.0 million, a $71.4 million increase from sales for the previous year's quarter on the strength of a 10.1% increase in corporate comp-sales; a 5.3% increase in franc
MC Sports Recognizes Vendors and Reps of the Year
MC Sports recognized their 2005 Equipment, Apparel, and Footwear Vendors and Reps of the Year at a recent training expo held in Mt. Pleasant, Michigan on March 14, 2006. The 2005 Apparel Vendor of the Year was awarded to Nike. The 2005 Apparel Representat
Timberland Sees $10 mm Hit from EU Duties
The Timberland Company believes that the provisional duties on leather upper footwear originating in China and Vietnam and imported into European Member states will cost the company approximately $10 million to its operating profits. These provisional dut
Wolverine Reaffirms Guidance in Light of EU Changes
Wolverine Worldwide, Inc. reaffirmed its previously announced 2006 estimates of revenue in the range of $1.11 billion to $1.13 billion and earnings per share in the range of $1.34 to $1.40 in light of the recently announced trade provisions regarding impo
Wilson Racquet Signs Federer to Lifetime Agreement
Solidifying a relationship that began at age 10, Roger Federer has signed a lifetime agreement with Wilson for rackets, string, tennis balls, and tennis accessories. Ranked #1 in the world, Federer has competed with Wilson rackets since day-one, signing h
Cabela’s Appoints New CEO for Credit Card Division
Joseph M. Friebe has been named Chief Executive Officer of World's Foremost Bank, Cabela's wholly-owned credit card bank subsidiary. Friebe, a 10-year Cabela's veteran, has served as Cabela's Vice President of Direct Marketing since Ju
Mountain Hardwear Issues Partial Recall on Exodus Packs
Mountain Hardwear recently identified a potential flaw in the manufacturing process that could affect the yoke and waist belt on the new Exodus series of packs. In a number of packs the company noticed that the “loop” fabric that is laminated to the foam
Marmot Helps dZi Foundation With Pakistan Earthquake Victims
Marmot will match any individual or group donation to the dZi Foundation for the construction of 20 person shelters in the earthquake region of Bagh, Pakistan. The dZi Foundation, working in collaboration with Australian Aid International, has already sta