In an effort to better emphasize and leverage its portfolio of team sports brands, Russell Corporation has created an integrated Russell/Spalding Team Sports Group to manage all team dealer efforts for the Russell Athletic, Spalding, Huffy Sports, Bike At
Tag: People
Rossignol Deal Makes Europe Quiksilver’s Largest Region; Quik Cuts Fiscal Q2 Guidance…
Quiksilver, Inc. reported a considerable top-line benefit from the Rossignol acquisition during its fiscal first quarter ended January 31 and was able to able to take full advantage of the “lost quarter” effect since Rossignol was not on a quarterly repor
Nike and adidas on Same Side in $38 mm Counterfeiting Award…
It seems the two companies are more likely to find themselves in court against each other these days, but a U.S. District Court magistrate in New York made the world’s two largest athletic brands partners of sorts — at least for a day — after recommendi
Big 5 Appoints Jessick to Board
David Jessick has been appointed to Big 5 Sporting Goods Corporation's Board of Directors, effective March 7, 2006. Mr. Jessick will serve on the Audit Committee of the Board of Directors and will replace John Danhakl, who has served as a director si
Gander Mountain Q4 Income Climbs 26% on 7.4% Comp Decline
Gander Mountain Company fourth quarter 2005, sales increased 18% to $280.8 million. Income from operations increased 37% to $26.0 million, while the net income for the fourth quarter of fiscal 2005 increased 26% to a record $22.2 million, compared to net
Princeton Tec Sponsors Climbing for Kids Program
Princeton Tec will help light the way for the Climbing For Kids Teams on their Mt. Rainier and Mt. Shasta climbs in summer 2006. The Climbing For Kids events will benefit the Bay Area Wilderness Training (BAWT). The initiative is to help get at-risk urban
K2 Inc. Beats Q4 EPS Guidance Ex-Charges
K2 Inc. net sales for the fourth quarter increased 4.3% to $353.5 million from $338.9 million in the prior year. Adjusted net income for the fourth quarter of 2005 was $14.7 million, or 28 cents adjusted diluted earnings per share, compared to pro forma a
Recall: Quecha Snowboard Bindings
The CPSC and Quechua announced a recall of the Rn'x7FX snowboard bindings. In total, about 230 bindings were distributed by Decathlon USA, of Wilmington, Mass. The snowboard binding's plastic base can break during use,
posing a risk that snowbo
SKECHERS Inks Footwear Licensing Deal with Zoo York
SKECHERS signed a licensing agreement to design, develop and market men's footwear worldwide for the premier action sport lifestyle brand Zoo York. The agreement is the latest milestone in the successful growth of Zoo York, which, under parent compan
Famous Footwear Goes Low Profile in High Style…
Famous Footwear intends to invest in strong trends they see in the skate shoe business across all genders and expect to see a “huge uptrend” in the business this spring. The retailer also expects to see continued strong momentum in the juniors business,
Aldila Q4 Sales Rise on Growing Brand Name…
Aldila, Inc. reported net sales increased 45.2% to $18.0 million for the fourth quarter compared to $12.4 million in the same quarter of 2004. The company reported net income of $2.7 million, or 48 cents per diluted share, for the fourth quarter of 2005 a
Dorel Q4 Sales Down 8.3% on Sting-Ray Weakness
Dorel Industries Inc. saw net income for the fourth quarter fall 35.2% to $22.5 million or 69 cents per diluted share, compared to $34.7 million or $1.05 per diluted share a year ago. Fourth quarter revenue was $430.3 million, down from $469.1 million a y
Genesco Uses Strength in All Segments to Post 15% Q4 Sales Gain
Genesco Inc. reported earnings before discontinued operations of $31.2 million, or $1.15 per diluted share, for the fourth quarter, up 22.8% from $25.4 million, or 97 cents per diluted share, for last year's fourth quarter. Net sales for the quarter
Stein Mart February Comps Fall 8.5%
Stein Mart, Inc. announced that February same-store sales declined 8.5%, while total net sales decreased 7.7% to $97.2 million from $105.3 million for the month…
Penney’s February Comps Increase 2.3%
J. C. Penney Company, Inc. reported that comparable department store sales increased 2.3% for the month of February, while total department store sales increased 3.6%. Comparable store sales exceeded previous guidance for sales to be flat to up slightly,