Fortune Brands, Inc. reported double-digit growth in earnings per share for the second quarter of 2006. Diluted earnings per share from continuing operations increased 34%, benefiting from solid organic sales growth. The company's Golf Division repor
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Kelty Hires Mason as Marketing Manager
Kelty concluded their national search for a marketing manager this week, announcing the hire of Christian Mason to fill the essential slot on the Kelty team, beginning on August 1, 2006. Mason was formerly the director of product development at Mountainsm
Rocky Cuts Guidance on 12.5% Q2 Sales Decline
Rocky Brands, Inc. second quarter net sales decreased 12.5% to $57.3 million compared to $65.5 million for the corresponding period a year ago. The second quarter of 2005 included approximately $5.8 million of footwear sales to the military compared to ze
Volcom Sees Sales and Earning Jump in Q2
Volcom, Inc. posted a total revenue increase of 28.0% to $46.1 million for the second quarter, up from $35.9 million in the same period last year. Gross profit as a percentage of total revenues for the second quarter was 49.8%, compared with 52.1% in the
GSI Commerce Q2 Loss Widens on 30% Revenue Increase
GSI Commerce Inc.'s fiscal second quarter ended July 1, 2006, net revenues increased 30.1% to $119.6 million and their net loss expanded 24% to $3.6 million, or 8 cents per share, compared to net revenues of $91.9 million and a net loss of $2.9 milli
Hi-Tec Outdoor Sales Push Brand to 20% Sales Increase
HI-TEC is reporting 20% sales growth YTD with figures looking to climb above and beyond all expectations for 2006. The Outdoor category in particular continues to go from strength to strength across all sections of the category and remains the strongest i
REI to Open Store in Fresno
Recreational Equipment, Inc. plans to open a store at The Shops at River Park in Fresno, Calif., in the spring of 2007. The two-story 26,000 square-foot store at North Blackstone and East Nees avenues off Route 41 will employ about 55 full- and part-time
Collective International Picks Up Sims License…
Collective International, LLC secured the exclusive, world-wide rights to Sims Snowboards from Tom and Hilary Sims. The agreement names Collective as the exclusive licensing agent through 2026 and also provides Collective the option to purchase the tradem
Collegiate Pacific Sees a Legal Challenge to SSG Deal…
Costa Brava Partnership III L.P., Greenwood Capital L.P., and Greenwood Investors, L.P. filed a lawsuit seeking to recover damages for “breaches of fiduciary duty” from Sport Supply Group's controlling shareholder, Collegiate Pacific, Inc. The indiv
Restructuring Slows Oakley’s Bottom Line Growth…
Oakley, Inc. saw record net sales for the second quarter, but the restructuring of its footwear and apparel businesses, combined with average selling prices that trailed off “slightly,” the shift of its shipping calendar, and cancellations due to late ap
Rebel Sports Sees World Cup Upside in FY2006…
Rebel Sport Limited’s group sales revenue for the twelve months ended July 1, 2006 increased 17.1% to A$371.2 million ($278.4 mm) when compared to the twelve months ended July 2, 2005, including sales revenue from the Glue lifestyle stores. Sales on a sam
RECALL: Lotus Designs Mildwater PFD
Lotus Designs, Inc. is recalling its Mildwater PFD. This style is also sold as the Fishing PFD and Patagonia Fishing Vest. The recall is issued due to the possibility that Mildwater PFDs may not comply with the 15.5 pounds of buoyancy as outlined in Under
Hi-Tec Inks New China License
Hi-Tec Sports PLC signed a new Licensing agreement with Fujian Taiya Shoes Material Co. Ltd to cover China. The agreement is a 30 year arrangement, covering Hi-Tec’s Outdoor, Athletic and Court categories. Taiya Shoes will in addition develop an apparel r
Sara Lee Corp. Plans Funding for Apparel Spin-Off
To finance the spin-off of its apparel business, Sara Lee Corporation approved a capital structure that will see Hanesbrands borrow $2.6 million help to establish the enterprise as a stand-alone, independent company. In connection with the spin-off, Sara
Jay McGregor to Lead Coleman’s Sales Team
Jay E. McGregor has joined The Coleman Company as Vice President, Sales, the Americas and Canada. In his new position, McGregor will direct the sales and distribution of new and existing Coleman products at the mass channel, and will lead Coleman’s specia
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