SGB Update Apparel
Big City Mountaineers Has Successful OR of Fundraising
Big City Mountaineers raised an excess of $5,000 at OR Summer Market 2006 through numerous fundraising events.
Many outdoor manufacturers held events that either fully or partially benefited BCM, including: JanSport’s Shake ‘n Bake; Highgear’s Time for Te
RECALL: Brunswick Chairs and Stools
Brunswick Corp. is recalling about 22,400 of its Frameworx Table Height Chairs and Bar Stools, because the down shaft on the seat plate assembly can fracture, which can cause an occupant of the seat to fall. Brunswick has received reports of 20 incidents
TM-aG Increases 2006 Guidance on Strong Q2, GNC…
TalylorMade-adidas Golf sales increased 30.7% for the second quarter to €264 million ($332 mm), compared to €202 million ($255 mm) in the 2005 second quarter. In U.S. Dollar terms, TM-aG sales grew 30.3%. TM-aG currency-neutral sales increased 28% in the
Asics Q1 Rides non-Japan Gains…
For the first quarter ending June 30, Asics Corp. saw net sales increase 21.3% to ¥51.7 billion ($452.8 million) from ¥42.6 billion ($396.5 million) last year. Gross margin for the company improved 280 basis points to 45.8% of net sales from 43.0% during
New Balance Acquires Brine…
New Balance has acquired Brine, Inc. for an undisclosed amount. Jim Davis, Chairman and CEO for New Balance said that the acquisition will allow the company to broaden its product offering on a global scale. This will also give New Balance a much larger f
NFL Adds to Footwear Suppliers…
Early last week, the NFL named Under Armour as an authorized supplier of footwear, enabling the brand to supply NFL players with branded footwear for use during games. In addition, the company may use NFL and club logos to promote its footwear products.
Sweden Leads Group to Reject EU Footwear Duties…
Thirteen European countries, led by Sweden, vetoed legislation that would place five years of anti-dumping duties on leather footwear produced in China and Vietnam. Unless other legislation is passed, this will now cause the current duties, designed to pr
Danner Lands U.S. Marine Boot Contact…
LaCrosse Footwear’s Danner subsidiary has been awarded an indefinite delivery/indefinite quantity contract to produce the Mountain Cold Weather Boot designed for the U.S. Marine Corps. The contract could span up to five years and anywhere between 500 and
Nike Extends NFL Footwear Agreement
The National Football League has extended its agreement with Nike for the sporting goods giant to continue as an authorized supplier of NFL footwear. An NFL partner since 1995, Nike will continue to supply NFL players with branded footwear for use in game
Pacific Sunwear Sees Income Drop in Q2
Pacific Sunwear of California, Inc. reported total sales for the second quarter of $313.7 million, an increase of 1.5% from $309.1 million last year. Second quarter net earnings were 14 cents per diluted share, down from 28 cents per share last year. Net
Cabela’s Accounting Review Sees No Top or Bottom Line Changes
Cabela's review of its prior accounting policies did not impact the Company's revenue, net income, total assets, stockholders' equity, or earnings per share for any prior periods. However, it did impact the company's statements of cash
Li and Fung First Half Earnings Out-Pace Sales
For the first half of 2006, profit attributable to shareholders reached HK$764 million ($98.5 million), an increase of 24% over the same period in 2005. The Group’s turnover increased by 19% to HK$28 billion ($3.6 billion). This increase is above the targ
Danner Awarded Marine Boot Contact
The U.S. Marine Corps has awarded Danner Boots, a subsidiary of LaCrosse Footwear, Inc., with a five-year contract (one-year base period and four-option years) to produce between 500 and 40,000 boots over the life of the contract. The contract total is fo
Sara Lee Apparel Shrugs Off Sales Dip to Post Income Gains
For the fourth quarter of fiscal 2006, Sara Lee's soon-to-be-spun-off Branded Apparel division reported net sales of $1.13 billion, down 2% from last year. Operating segment income increased 57% in the fourth quarter to $98 million, compared to $62 m
Berkshire Hathaway Completes Russell Corp. Deal…
At a special stockholder’s meeting on August 1, shareholders of Russell Corp. approved of the acquisition that will see Russell become a subsidiary of Fruit of the Loom, Inc., itself a subsidiary of Berkshire Hathaway Inc. The $18.00 per share selling pri
