Russell Corporation reported fiscal 2004 second quarter earnings of $10.2 million, or 31 cents per diluted share, versus earnings of $6.7 million, or 20 cents per diluted share, in Q2 2003. Excluding the 8.5 cents gain from the sale of its interest in Ma
Tag: Trade
Icebreaker Opens New U.S. Facility
Icebreaker has opened the doors of its U.S. customer service and distribution center located in Santa Barbara, California. In a move to establish greater reach in the U.S. market, Icebreaker is now positioned to serve its existing and future U.S. retaile
K2 Inc. Sees Mix of Organic and Acquired Growth in Q2; Europe Comes Together…
K2 continued its trend of double digit sales increases fueled by acquisitions and, with one exception, strong organic growth among its core brands. This combination boosted second quarter net income by 28.8% to $6.2 million. Total sales at K2 increased 25
Gravis Expands Management Team
Gravis Footwear announced key additions to its leadership team, with Gravis GM Brian Moore announcing that Anne-Marie Dacyshyn was promoted to Director of Product Marketing, Jason Heffron appointed as Director of Marketing Communications, and Gregg Duffy
Shoe Carnival June Comps Down 4.6%
Shoe Carnival sales for the five-week period ended July 3, 2004 increased 2.2% to $48.6 million from sales of $47.5 million for the five-week period ended July 5, 2003. Comparable store sales decreased 4.6% in June 2004…
Backcountry.com Launches Outlet Site
Backcountry.com has launched a new site focused on overstock goods. The company said that BackcountryOutlet.com will “provide customers the best prices on overstock of premium outdoor gear, while giving gear manufacturers a professional, well-respected c
The OIA Supports the Americans Outdoors Act
The OIA, representing the interests of over 4,000 businesses and the $18 billon outdoor industry, supports the introduction of the Americans Outdoors Act which will establish a trust fund providing $1.425 billion in annual funding to encourage physical ac
REI Signs Lease for New Pittsburgh Store
REI has signed a lease with the Soffer Organization for a 27,000 square-foot store in the Southside Works, located on Pittsburgh's south side on the Monongahela River. Southside Works is a 34-acre, urban mixed-use, brownfield redevelopment. The REI s
VF Corp. Acquires Kipling; Adds to ODC Portfolio
VF Corporation has acquired substantially all of the assets of Antwerp-based Kipling Belgium NV, a maker of upscale bags, packs and accessories primarily for women. Terms were not disclosed. Kipling, which is expected to contribute approximately $40 mill
Callaway Cuts 2004 Guidance on Weaker Sales Outlook
Callaway Golf Company is reducing its revenue and earnings guidance in light of weakening sales trends. Key factors causing the lowered expectations include the underperformance at retail of its titanium driver models, a continuing decline in business in
Kellwood Q1 Earnings Up 19% on Phatter Sales
Kellwood Company reported that sales for the first quarter ended May 1, 2004 increased $14 million to $686 million, versus $672 million last year due to a combination of organic growth of $5 million, or approximately one percent, and the acquisition of Ph
Forzani Q1 Net Earnings Jump 38% Despite Weaker Comps
The Forzani Group Ltd. reported that retail system sales for the first quarter ended May 2 grew by 2.8% to C$227.7 million compared to C$221.6 million for the year-ago period. Combined revenues from corporate and franchise divisions increased 3.3% over Q1
Elsey Resigns as Footwear Specialties Chief
Wayne Elsey has resigned from Footwear Specialties International after a five year stint as President and CEO. FSI is the parent company to Nautilus, SkidBuster and Third Watch Footwear. “The company and people are poised for positive growth in the indust
IMBA Goes to Washington
The IMBA Summit has earned generous sponsorship from a diverse group of supporters. The Federal Highway Administration's Recreational Trails Program is the event's leading sponsor. The Bikes Belong Coalition, Quality Bicycle Products and America
Sport-Haley Fiscal Q3 Loss Widens on Charges
Sport-Haley, Inc. reported that net sales for the fiscal third quarter ended March 31, 2004 declined 2.5% to $5.4 million from net sales of $5.5 million for the same quarter in the prior fiscal year. SPOR said Q3 sales were impacted by an accounting chan