SGB Update Apparel
Columbia Sees 5.9% Q1 Sales Increase
Columbia Sportswear Company posted first quarter net sales of $260.2 million, an increase of 5.9% over net sales of $245.7 million for the same period of 2005. The company reported net income for the first quarter of $19.5 million, an 8.5% decrease compar
Rocky Shoes and Boots Sees Sales and Net Slip in Q1
Rocky Shoes & Boots, Inc. net sales for the first quarter were $57.5 million, down from $61.5 million for the corresponding period a year ago. Net income was $0.9 million versus net income of $1.1 million and diluted earnings per share was 16 cents versus
Brunswick Boat Group Acquires Diversified Marine Products
The Brunswick Boat Group has acquired Diversified Marine Products, the largest marine supply distributor on the West Coast. Based in Los Angeles, Diversified Marine will join with Land 'N' Sea, Kellogg Marine and Benrock to extend the largest di
Russell Corp. Brands May See Greater Economies of Scale through Berkshire Hathaway Deal…
In classic Warren Buffett tight-lipped fashion, in-depth details of the announced merger of Russell Corporation into Buffett’s Berkshire Hathaway Inc. were scarce. Based on a release issued last Monday by RML, Berkshire Hathaway will acquire Russell Corp
ICON Counters Sales Declines With Back-End Efficiencies to Swing to Profit in Fiscal Q3…
After a strong start to its fiscal year, the fortunes of ICON Health & Fitness, Inc. have faded over the past two quarters, as the company posted sales declines of 6.4% in Q2 and 3.9% in the most recent quarter. That’s a tough nut to swallow when the two
Oakley Q1 Sales Increase 7%; Net Falls…
Oakley, Inc. increased its net sales during the first quarter by refocusing its energies on the optics category. However, returns and clearance in the electronics and footwear categories, along with the strengthening of the Dollar, caused the company’s ma
New Era Cap Gets in the Retail Game…
New Era Cap Co., Inc. will open its first flagship store in New York City. New Era: New York, which will be located at 9 E. 4th Street, in New York City’s Greenwich Village, is slated to open in May 2006 and will feature the entire line of New Era, from t
Converse Infringement Suit Back On…
The Fifth Circuit Court of Appeals panel agreed unanimously to reinstate a trademark infringement and dilution lawsuit filed in 2003 by six predominantly African-American fraternities and sororities. The suit was originally filed in a U.S. District Court
Unifi Sees 12.7% Q3 Sales Decrease
Unifi, Inc. posted a net loss from continuing operations for the company's third fiscal quarter of $1.3 million or 3 cents per share, a slight improvement from a net loss of $1.6 million or 3 cents per share for the prior year's quarter. Net sal
Timberland Celebrates Earth Day Worldwide
Timberland employees, along with community partners, consumers and retail customers, will celebrate Earth Day in 26 countries at 140 service locations from New York City to Hong Kong and Paris to Madrid by hosting and participating in community service ev
Dickey Named President of Transworld Media
Scott Dickey, formerly president of K2 Licensed Products Inc. and K2 Properties, has been named president of TransWorld Media, effective May 8. In this newly created position, Dickey will oversee the continued growth and multimedia expansion of TransWorl
Nautilus Realigns International Business Leadership
Nautilus, Inc. has named Darryl Thomas as President of the company's International Business and relocated him to London. The realignment better positions Nautilus, Inc. for significant growth in fitness equipment sales outside of the Americas, as the
Nike Appoints Wyett VP of Apparel
NIKE, Inc. named Roger Wyett, formerly president and COO of the company’s Hurley International brand, as VP of the Nike brand’s global apparel business, valued at approximately $4 billion. Wyett will replace Mindy Grossman, who has resigned to become CEO
Marine Corps Bans Certain Synthetic Fibers for Use in High Risk Areas…
The Marine Corps has prohibited the use of synthetic athletic clothing containing polyester and nylon by soldiers while conducting operations outside of forward operating bases and camps, according to a published report on military.com. The report said t
Backcountry.com Sales Increase 89% in 2005…
Backcountry.com again reported tremendous sales growth for the year. 2005 sales increased 89% to $52 million on top of an 88% increase in sales to $27.4 million in 2004. To support this rapid growth rate, the company invested heavily in infrastructure, in
