Lafuma reported this week that fiscal third quarter sales declined year on year by 0.5% to €45.6 million ($65.3 mm) compared to last year when the company posted sales of €50.9 million ($55.6 mm). International sales decreased in the third quarter as well
Tag: People
Finish Line Issues Dividend, Announces Buyback and Moves to Indiana
The Finish Line Board of Directors has instituted a quarterly cash dividend program of $0.05 per share. The Board of Directors also authorized a new stock repurchase program to repurchase up to 2.5 million shares of Class A common stock, or approximately
Skechers Posts Q2 Profits; Beats Analysts’ Estimates
Skechers USA, Inc. reported that net sales for the second quarter of 2004 rose 2.4% to $234.7 million compared to $229.3 million in the second quarter of 2003. Net earnings for the quarter were $8.3 million, or 21 cents per diluted share, versus a net los
Lowa Launches Concept Shop at A -16
Visitors to Adventure 16's West Los Angeles store will be stopped in their tracks upon entering, if LOWA has anything to do with it. LOWA has just designed and installed the first and only concept shop within A-16…
REI and Leave No Trace Launch Youth Education Program
REI and the Leave No Trace Center for Outdoor Ethics have launched a new program designed to educate children about the outdoors, and the responsible use of public lands.
The Promoting Environmental Awareness in Kids (PEAK) program, based on the seven Lea
Primaloft Hosts Sleeping Bag Clinic at OR
PrimaLoft Insulation Technology is sponsoring a technical
clinic to help answer question about sleeping bag performance and design at teh OR Summer Market Friday, August 13th from 7:30-9:00 AM at the Downtown Marriott Hotel across from the Salt Palace Con
Accel Group’s Acquisition Strategy Pays off in First Half
Both sales and profit increased for the Accell Group during the first half of 2004. Sales rose to €204.3 million ($251.2 mm), a 24% increase over the €165.3 million ($175.7 mm) in 2003. The organic growth amounted to 10%. Net profit increased by 49%, to €
Everlast Inks Two New License Deals
Everlast Worldwide has inked two licensing agreements with Hong Kong-based Stelux Watch Ltd. to launch Everlast-branded watches in China, Hong Kong, Taiwan, Singapore, Malaysia, Thailand and Japan with a concentration of sales through its own City Chain g
Pacific Trail Inks Licensing Deal with Tuned In Sports
Pacific Trail has signed a three-year licensing agreement with Tuned In Sports, Inc., a manufacturer, marketer and distributor of recreational tents, camping furniture and canopies. Tuned In Sports, headquartered in Washington DC, will begin distribution
Nike Renews Native American Basketball Invitational Sponsorship
Although the NBA Finals may have concluded, basketball fans from across the United States will have another opportunity for a unique, compelling basketball experience this summer. Nike today announced that it was joining the Phoenix Suns/Phoenix Mercury a
NRF Seems to be Hedging Bets After U.S. Commerce Dept. Retail Report for June…
The U.S. Commerce Department reported last week that retail sales in GAFS category, which includes most general merchandise categories, rose 5.9% over last year and were flat compared to May of this year. Total retail sales had jumped 7.6% versus last, d
Gildan Closes Plant after FLA Probe…
Gildan Activewear will close its El Progresso plant in Honduras this month and in the process lay-off around 1,800 workers. The company has been accused of labor violations at the plant, but insists that its closure is not related. According to a local
SEW Goes One-on-One with Tom Cove
Tom Cove was recently appointed EVP of SGMA International and will become SGMA’s President and CEO February 1, 2005. From 1991 to 2004, Mr. Cove served as VP of Government and International Affairs for SGMA.
Mr. Cove spearheaded the soccer industry’s
Mountainsmith Appoints Customer Service Director
Mountainsmith has announced the appointment of Elsbeth Heller to the newly created position of Director of Sales Operations, effective immediately. Heller was most recently Director of Customer Service for Watermark Paddlesports. Before that, she held s
Play it Again Parent Sees Q2 Profit Dip 4.0% Despite Higher Franchisee Sales
Winmark Corporation, parent company of the Play it Again Sports franchise operation, reported net income for the quarter ended June 26, 2004 of $726,300, or 11 cents per diluted share, compared to net income of $756,400, or 12 cents per diluted share, in