Callaway Golf Company reported first quarter net sales increased 0.8% to $302.4 million from $299.9 million for the same period in 2005. Net income jumped 24.5% to $22.8 million from $18.4 million during the year-ago quarter. Fully diluted earnings per sh
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Nike Promotes Hoffman to VP Global Brand Design
Nike, Inc. promoted Greg Hoffman, 35, Global Brand Creative Director, to Vice President of Nike's Global Brand Design. In this new role, Hoffman will be responsible for maintaining the strong focus on design that is a cornerstone of the Nike brand an
Skechers Net Sales Jump 12.7% in First Quarter
SKECHERS USA, Inc. saw Q1 net sales increase 12.7% to $277.6 million over net sales of $246.2 million for the first quarter of 2005. Net earnings for the quarter were $16.6 million versus net earnings of $10.3 million for the first quarter of 2005. Dilute
Vail Resorts Completes Front Door Land Exchange
Vail Associates, a wholly-owned subsidiary of Vail Resorts, Inc. and operator of the Vail ski area, has completed the land exchange with the USDA Forest Service as part of the company's proposed “Front Door” project near the Vista Bahn at the base of
Gander Opens Blaine, MN Store
Gander Mountain will open its newest store in Blaine, Minnesota this weekend. Gander will open the doors at 8:00 a.m. on Friday, April 28th, to welcome people into the new store…
Viesturs to be Honorary Chairperson of Summit for Someone
Ed Viesturs, America’s premier high-altitude mountaineer, has signed on to be the Honorary Chairperson of Backpacker Magazine’s 2007 Summit for Someone benefit climbs. These climbs, created and owned by the recreational non-profit, Big City Mountaineers,
Dragon Appoints New Product Line Manager
Dragon Optical added Chris Hughes to its team as the new Product Line Manager for soft goods and accessories. Chris comes to Dragon to help strengthen and build an already healthy global apparel and accessories program…
Russell Corp. Brands May See Greater Economies of Scale through Berkshire Hathaway Deal…
In classic Warren Buffett tight-lipped fashion, in-depth details of the announced merger of Russell Corporation into Buffett’s Berkshire Hathaway Inc. were scarce. Based on a release issued last Monday by RML, Berkshire Hathaway will acquire Russell Corp
Mossimo Bid Sees New Challenges…
The saga of the future of Mossimo Inc. contnues. After a bid by founder Mossimo Gianulli to take the company private several months ago failed, the latest attempt to acquire MOSS is under challenge from two sides. Iconix Brand Group proposed to acquire M
Reebok Solidifies U.S. Team; Analysts Still Looking for Clarity on Brand Positioning…
Reebok and adidas executives continue to field a barrage of questions about the positioning of the two brands in the market and the future of league deals that many see as the real value in the deal that created the new combined business. Key execs from
Oakley Q1 Sales Increase 7%; Net Falls…
Oakley, Inc. increased its net sales during the first quarter by refocusing its energies on the optics category. However, returns and clearance in the electronics and footwear categories, along with the strengthening of the Dollar, caused the company’s ma
Confluence Re-Vamps Operations and Design Teams
Confluence Watersports hired Dean Youngblood as Vice President of Operations. Youngblood joins Confluence from HP Pelzer Automotive Systems, where he served as Vice President of Engineering, Research, and Development. In addition to Youngblood’s hiring, C
Snow Sports Retailers Carry Momentum into the Home Stretch …
Snow Sports Retailers continue to see apparel sales and higher average selling prices for equipment drive sales gains this year. Overall, trade association SnowSports Industries America is reporting a relatively healthy year through February 2006. Total s
GBMI Picks Up 7 For All Mankind Footwear License
Global Brand Marketing Inc. entered an exclusive global licensing agreement with luxury denim brand 7 For All Mankind LLC for the creation of a complete collection of footwear for men, women, and children. Manufactured primarily in Italy, the footwear col
Lafuma Reports Strong First Half
Lafuma reported strong first half sales gains due to a combination of organic growth and acquisitions. Total company sales increased 34.4% to €116.1 million ($138.9 mm) compared to €86.6 million ($112.9 mm). In addition the company’s backlog increased 8%
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