Phil Knight made an appearance on the quarterly conference call with analysts to discuss the company’s fiscal second quarter results, but also took the opportunity to outline the thought process behind his departure as president and CEO of NIKE, Inc., the
Tag: Supplier
Quiksilver Breaks Billion Dollar Threshold in Fiscal 2004; DC Integration Progresses…
Quiksilver, Inc. has doubled its revenues in the last three years, boosted earnings 134% over the same timeframe, and has seen its market cap surge to $1.75 billion from just about $400 million when the company reported year-end earnings three years ago.
Ashworth Gets Q4, Fiscal Year Boost from Diversified Business Model…
Ashworth got a nice bump from both its International business and its Callaway license in the fiscal fourth quarter ended October 31, but it was the addition of the Gekko brands and its distribution network that helped boost consolidated net revenue 49.3
Everlast to License Women’s Apparel to Jacques Moret…
Shares of Everlast Worldwide more than doubled for the week after the company last week signed its biggest deal to-date handing over its U.S. women’s business to Jacques Moret, Inc. in a license deal that commences January 1, 2005. JMI will pay approxima
Industry Starts to Settle Down After MandA Binge…
Industry vendors looked to acquisition help to boost sales and earnings growth for the third quarter, with the Hardgoods companies relying much more on those deals over the last year to bolster the top line. Benefits from foreign exchange rates also push
B.O.S.S. Has an Eye On… Backcountry.com
In the mid 90’s during the height of the dot com bubble, John Bresee and Jim Holland worked together running internet sites for other companies and publishing a ski resort newspaper in Snowbird, Utah. The pair wanted to launch a core retail shop catering
Veltec Launches SnowSports Division
Veltec Sports is bringing their expertise and marketing horsepower to the slopes this winter. Veltec’s new Snow Sports Division will make its official debut at January’s SIA Show, showcasing the latest helmets, goggles and eyewear from Briko, energy nutri
Sport-Haley to Look at Strategic Alternatives
Sport-Haley, Inc. has engaged the investment banking firm of Caymus Partners LLC to assist the Company in exploring potential strategic alternatives to maximize shareholder value. It is not known at this time whether any transaction will result from explo
K2 Consolidates Paintball Unit
Two of K2's paintball brands, JT USA and Worr Game Products will consolidate their two operations and operate under the direction of Bud Orr, President. In a move to ensure the efficient operation of the two businesses, and serve the customer base,
PSIA, AASI, and NSP Celebrate Ten Years with Subaru
2004 was a milestone year in the ten-year partnership between the Professional Ski Instructors of America, the American Association of Snowboard Instructors, the National Ski Patrol, and Subaru of America. In September 2004, vehicle number 5,000 was sold
Reebok Signs Urban Skateboarder; Will Launch Skate Line
Known in skate circles as one of the greatest street skateboarders of all time, Stevie Williams is the newest member of the Rbk family. Broadening the brand's reach into the skate culture most heavily prevalent on the West Coast, the multi-year partn
K2 Snowboarding Sponsors MGT Snowboard Camp
K2 Snowboarding has finalized a deal making it the presenting sponsorship of MGT Snowboard Camp. Catering to female shredders, MGT is based out of Western Canada, with camps offered in British Columbia and Alberta throughout the winter and summer seasons.
Callaway Commences Search for New CEO
Callaway Golf Company is beginning the search process for a Chief Executive Officer to whom current CEO William C. Baker can ultimately turn over management responsibilities. Mr. Baker, who was appointed to the CEO position on August 2, 2004, will lead th
Cutter and Buck Names Wyatt President and CEO
Cutter & Buck Inc. has appointed retail and apparel executive, John T. (“Tom”) Wyatt as president and CEO. Wyatt succeeds Fran Conley, who stepped down in September, and Bill Swint, who had been serving as Interim CEO. Wyatt brings over 30 years of experi
Malden Appoints New COO
Michael Spillane, Malden Mills Industries Chief Executive Officer announced that Andrew Vecchione has been named as the Chief Operating Officer for the company. Vecchione, the former COO for Remcon Plastics, begins work at Malden Mills immediately. In his