Backcountry.com again reported tremendous sales growth for the year. 2005 sales increased 89% to $52 million on top of an 88% increase in sales to $27.4 million in 2004. To support this rapid growth rate, the company invested heavily in infrastructure, in
Tag: Supplier
adidas Sees Even Bigger Gains from Reebok Acquisition…
The adidas Group is just six months into a process that is expected to deliver even more upside potential for the company, but management last week unveiled a string of new initiatives and cost-saving opportunities that enabled the company to raise estima
Escalade Sports Helps Company as a Whole…
Escalade, Inc. saw a turnaround in its Escalade Sports division more than compensate for a sales decrease in its Martin Yale office products division. For the first quarter, the entire company posted a 10% net sales increase to $32.8 million from $29.8 m
Callaway Golf Shares Fall on Q1 Earnings Guidance…
Callaway Golf Company shares fell 11.2% last week to close at $15.15 on Friday after the company issued revised first quarter sales and earnings guidance that fell short of Wall Street expectations. ELY is estimating that first quarter earnings per share
Antigua 2005 Net Income Down Despite Revenue Gain…
Antigua Enterprises Inc. saw net sales increase 5.1% to $45.9 million for the year ended December 31 from $43.7 million in the prior year. Gross margins declined 50 basis points to 37.7% of sales from 38.2% of sales in the prior year. Net income slipped
Friends of the Outdoor Industry Award Recipients Named…
The Friends of the Outdoor Industry Award is presented to a Member of Congress in recognition for their legislative leadership around outdoor recreation. This year, awards will be presented to Senator Conrad Burns (R-TN), Senator Susan Collins (R-ME), Sen
Summus Works Acquires Lisker of France USA
Summus Works, Inc., formerly known as Prime Rate Investors, has signed a letter of intent to acquire the U.S. distributor of Lisker clothing. Lisker is based in Grenoble, France, where it manufactures technical ski and snowboard wear and accessories. Lisk
Shimano Misses Sales Targets; Income Falls 15%…
Shimano, Inc. saw sales and margins slip in 2005 as operational problems plagued its bicycle components division causing the company to miss delivery on several of its higher end products. Spurred by higher demand for high end road-bikes, manufacturers ra
Mongoose Launches in China; Inks Deal with National BMX Team
Mongoose is coming to China, and will announce plans for the official brand launch at a press conference at the 2006 Shanghai Bike Show. Among the announcements at the press conference, Mongoose executives will reveal that it inked a deal to become the of
Outside Magazine Names Gear of the Year Winners
After months of rigorous field-testing, Outside announced the 2006 winners of the magazine's Gear of the Year awards. The 15 winning products—from mountain bikes, surfboards, and kayaks to digital cameras, GPS units, and sunglasses—represent the very
Under Armour Offers Glimpse at Cleated Footwear Line
Under Armour revealed its cleated footwear line. Slated for retail launch beginning June 3, 2006, Under Armour Performance Footwear is the latest development from the company April 15th will be the first time that consumers will be able to view mod
Escalade Sports Sales Jump 42% in Q1
Escalade, Incorporated saw first quarter net sales of $32.8 million, a 10% increase compared to the year ago quarter. Net income rose 18% to $1.4 million or 11 cents per share versus 9 cents in the year ago quarter. Net sales at Escalade Sports increased
Jackson Hole Receives ISO 14001 Environmental Certification
Following the implementation and adoption of an environmental management system and a recent external audit by KPMG Performance Registrar Inc., Jackson Hole Mountain Resort achieved ISO 14001 registration. As one of the smallest companies and only the sec
Kellwood Completes New Credit Facility
Kellwood Company completed a $400 million five-year Asset Based Lending credit facility. This new facility, along with $433 million of cash and cash equivalents as of January 31, provide ample liquidity and financial flexibility to meet the operating, str
Barea Retires from Russell Corp.
Russell Corporation senior vice president and CEO of the Activewear division, Julio A. Barea will retire effective May 15, 2006. Tony Iannuzzi has been promoted to general manager of Artwear/Careerwear and Al Lopez has been promoted to general manager for
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