SGB Update Apparel
Volcom Sees Sales and Earning Jump in Q2
Volcom, Inc. posted a total revenue increase of 28.0% to $46.1 million for the second quarter, up from $35.9 million in the same period last year. Gross profit as a percentage of total revenues for the second quarter was 49.8%, compared with 52.1% in the
Outdoor Coalition Again Drives VF Corp. Gains…
VF Corporation reported their 11th consecutive quarter of record sales and earnings results. Revenues rose 8% in the second quarter to $1.57 billion, compared with $1.45 billion in 2005. This increase was fueled by organic growth across VF’s different co
Collective International Picks Up Sims License…
Collective International, LLC secured the exclusive, world-wide rights to Sims Snowboards from Tom and Hilary Sims. The agreement names Collective as the exclusive licensing agent through 2026 and also provides Collective the option to purchase the tradem
Sara Lee Financially Structures Apparel Spin-Off…
Sara Lee Corporation has approved the capital structure for the planned tax-free spin-off of its apparel business into a separate, publicly traded company called Hanesbrands Inc., which includes brands like Duofold, Champion, Beefy Tee, and Hanes. Hanesbr
Rebel Sports Sees World Cup Upside in FY2006…
Rebel Sport Limited’s group sales revenue for the twelve months ended July 1, 2006 increased 17.1% to A$371.2 million ($278.4 mm) when compared to the twelve months ended July 2, 2005, including sales revenue from the Glue lifestyle stores. Sales on a sam
Nocona Athletic Goods Co. to Rebuild after Fire Destroys Texas Facility…
Nocona Athletic Goods Company has announced plans to rent 20,000 square feet from the former Nocona Boot Factory starting Monday after a fire blazed through the Nocona Athletic Goods building last Tuesday, completely destroying the plant where hand-made N
RECALL: Dive Computers
Suunto Oy and the CPSC are recalling about 3,900 Suunto D9 and D6 Model Wristop Dive Computers. These dive computers could incorrectly track dive time, which could cause incorrect calculation of decompression requirements. This could lead to decompression
NPD: Back to School Expected to be Flat
Most students are only just beginning to enjoy the summer break from school, but retailers are already gearing up for the onslaught of students and their parents expected in the aisles during the back-to-school shopping season. Unfortunately for retailers
Lotto Focuses on Tennis Sponsorships
Lotto signed a sponsorship agreement with Spanish tennis player Juan Carlos Ferrero at the Italian sportswear company’s headquarters. As a further confirmation of the Italian sports brand’s commitment in international professional tennis, Lotto will be th
Smith Partners with Transitions
This season, Smith is extending their Photochromic line into their prescription program though a partnership with Transitions Optical, Inc. which will allow Smith Optics to now offer clear-to-dark photochromic prescription lenses…
Thule Increases Top and Bottom Line in First Half
Thule AB reported that first half sales were up 29.3% to SEK 1,966 million ($259.4 mm) compared to SEK 1,520 million in 2005 ($213.9 mm). This is an increase of 13.4% once adjusted for currency and acquisition effects. Operating profit (EBITA) before one-
Nocona Athletic Plans to Rebuild After Fire
Nocona Athletic Goods Company has announced plans to rent 20,000 square feet from the former Nocona Boot Factory starting Monday. Full-time production in the temporary facility will begin shortly thereafter. A new facility will be built at 208 West Walnut
Bentley Kinetics Adds to Sales Force
On the heels of introducing the K-VEST product suite, Bentley Kinetics, Inc., hired three key executives who will serve as Regional Sales Representatives. The three representatives include Landry Mahan, who will manage the Southeast region and college di
Interbike Announces Third Annual Hangover Ride
Interbike announced details of the Third Annual Hangover Ride scheduled for the morning of September 26th, day two of the OutDoor Demo. What started out three years
ago as an impromptu morning ride by several Interbike Expo attendees has evolved into the
Callaway Appoints Two SVP’s
Callaway Golf Company appointed two new Senior Vice Presidents, David Laverty and Thomas Yang, reporting directly to President and CEO George Fellows. Mr. Yang assumed his duties immediately as Senior Vice President, International and Mr. Laverty will beg
