Coastcast Cuts Q4 Net Loss 77% as Sales Increase 26%

Coastcast Corporation reported sales for the fourth quarter of 2003 increased 25.6% to $10.2 million from $8.1 million in the year earlier quarter. The net loss for the quarter narrowed considerably to $574,000, or 8 cents per diluted share, versus a net

La Sportiva Lowers Prices on Rock-Climbing Shoes

La Sportiva is lowering wholesale/MSRP prices on all Italian-made rock shoes by 15% to 20%, as reported in The B.O.S.S. Report (BOSS_0405). This means the award-winning Testarossa, formerly $160, will now cost $130. The Venom, its slipper counterpa

Deckers Files to Sell Shares

Deckers Outdoor Corporation has filed a registration statement with the Securities and Exchange Commission for a proposed public offering of 3,500,000 shares of common stock consisting of 1,500,000 primary shares offered by the Company and 2,000,000 share

REI 2003 Net Up 17%; Sales Up 9.5%…

REI reported that operating income for full year 2003 increased over 17% to “more than” $56 million from $47.6 million in 2002. The co-op posted $19.1 million in net income – an increase of more than $3 million or around 19% from the previous year…

Sport Supply Group to Voluntarily Delist Shares

Sport Supply Group, Inc. announced that it intends to voluntarily terminate the registration of its securities by filing a Form 15 with the Securities and Exchange Commission on March 5, 2004. SSG expects to realize significant cost savings as a result o

Back to Back LLC Gets Master License for Kappa

BASICNET S.p.A has executed a Master License Agreement with Back to Back, LLC of New York to distribute KAPPA and ROBE DI KAPPA trademark products in the U.S. The agreement will run for an initial period of 5 years with options to renew for two additiona

Quiksilver Prevails in Kymsta Trademark Suit

Quiksilver, Inc. has prevailed in its Federal court case against Kymsta Corp. and their claims against Quiksilver and its Roxy trademark. Among other elements, the final judgment also directs Kymsta to refrain from producing any product that is “confusin

Trails.com Hires Rep Force

Trails.com has added five veteran outside sales representatives and groups to represent the company’s flagship retail product, Trail Finder™, to specialty retail stores nationwide. These sales reps allow Trails.com to better manage the growing interest in

Johnson Leaves Russell

Russell Corporation announced that Thomas Johnson has resigned his position as director of investor relations. Johnson will be joining Movie Gallery as senior vice president for investor relations…

K2 Sees the Model Come Together Quickly…

K2 Inc. has their model in full swing as economies of scale and production efficiencies take hold to help their acquisitions deliver profits sooner than most expected. CEO Dick Heckman feels that K2 “laid the foundation for future growth” in 2003 after c

Collective Inks Airwalk SnowSports Licensee for Japan

Collective Licensing International, LLC has entered into a licensing agreement with UFU Inc. to distribute and market Airwalk branded snowboarding gear including Airwalk branded boots, snowboards, bindings, and snow outerwear in Japan. UFU expects to see

Wilson Racquet Sports Names New RandD Team

Wilson Racquet Sports has named Bill Severa as the Director of Technology for the Racquet Sports newly formed Innovations & Design Group. Severa, who has been with Wilson for 21 years, was the Senior Designer for the last seven years. He started with Wil

Lindenbuam Resigns Modell’s Position; Moves to Start-Up

Modell’s Sporting Goods has announced that Peter Lindenbaum, Senior Vice President of Merchandising/Advertising, has resigned to pursue other opportunities. He will join 24/7 International, a newly-formed manufacturer of sports bags, luggage and brief ca