The Stride Rite Corporation saw an increase in its Children’s, Sperry Top-Sider, and International businesses in the fiscal third quarter ended August 28, but continued sluggishness at the Keds and Tommy Hilfiger Footwear divisions kept the total revenue
Tag: Supplier
U.S. Takes Bigger Piece of Yue Yuen Biz in Q3…
Yue Yuen Industrial Holdings Ltd, one of the world’s largest manufacturers of athletic footwear, reported that revenues for the fiscal third quarter ended June 30 rose 15.6% to $768.4 million from $664.9 million in the year-ago period. Net income increas
SIA Makes Marketing Management Changes
SnowSports Industries America announced Friday a series of management changes designed to enhance productivity and streamline decision-making. Effective immediately, a new sales and marketing management team will report directly to SIA President David Ing
Finish Line Q2 Net Up 19%; Misses EPS Estimate by Two Cents
The Finish Line, Inc. reported that net sales increased 15% to $312.2 million for the fiscal second quarter ended August 28, compared to $270.8 million reported in the year-ago period. Comparable store net sales increased 6% for Q2 on top of an increase o
Nautilus and G.I. Joes Ink Marketing Agreement
G.I. Joes will partner with The Nautilus Group to develop its fitness equipment department at each of G.I. Joes' 22 retail locations. The first-ever product marketing agreement between the two companies initially includes placing five SKUs of strengt
NRF Sees Moderate Growth for Holiday Period
After strong growth in the first half of the year and more subdued growth in the third quarter, retailers are anticipating the arrival of the all-important holiday season, which accounts for 22.83% of annual retail sales. According to the National Retail
SGMA: H1 Athletic Footwear Spending Rises 5%
SGMA International is reporting that consumer spending for athletic footwear during the first six months of 2004 rose 5% over spending during the same period in 2003, according to research by The NPD Group. Spending during the first half was $7.73 billio
Nike Beats Fiscal Q1 Street Estimates; U.S. Futures Up 11%
NIKE, Inc. reported that revenues for the fiscal first quarter ended August 31 increased 18% to $3.6 billion, versus $3.0 billion for the same period last year. Net income totaled $326.8 million, or $1.21 per diluted share, compared to $261.2 million, or
Atomic Tunes Race Department
In preparation for another season of World Cup racing, Atomic Ski is pleased to announce the promotion of Jake Strassburger to its Race Department. Having worked with Atomic for three years, Strassburger fills the newly created position of Race and Promot
Jarden Corp. Acquires Coleman Parent Company
Jarden Corporation has signed a definitive agreement to acquire privately held American Household, Inc. for $745.6 million in cash for the equity and the assumption or repayment of indebtedness. American Household is the parent of The Coleman Company, Inc
adidas-Salomon Sees Shift in Central Europe Management
After more than 16 years with the company, Michael Rupp, currently Managing Director of adidas' Area Central (AC) will take a one-year- break from his responsibilities at adidas-Salomon. Effective September 27, Ulli Gritzuhn will join adidas-Salomon
Reebok Recalls Toddler Shoes
After receiving a customer complaint about its ‘Iverson/Answer’ mid and low-athletic toddler shoes, Reebok has voluntarily recalled the product, in cooperation with the CPSC. The company stated in a release that the ‘I-3’ logo on the shoes was easily remo
Kryptonite’s ‘Bic’ Glitch
Kryptonite Locks hit a small design glitch that could potentially have serious consequences for the brand. It turns out that due to the use of ‘tubular cylinders’ in many of the company’s mid and low price-point locks allows the locking mechanism to be pi
Wilderness Act Turns 40
As hundreds of wilderness activists converge on the
nation’s capital to celebrate the 40th anniversary of the landmark Wilderness Act, the Sierra Club is also pausing to celebrate the birthday of one of America’s legendary wilderness champions. Dr. Edgar
Obermeyer Launches Academic Incentive Program for Sponsored Athletes
Beginning this academic year, Sport Obermeyer will offer its sponsored athletes an Academic Incentive Program. Obermeyer athletes in grade school through college will now be able to participate and earn monetary rewards for exemplary performance in school