SGB Update Footwear
GSI Hires VP of Operations, Interactive
GSI Commerce Inc.’s GSI Interactive division, which provides digital marketing and design services, has hired Jan Dobris as vice president of operations. Dobris will oversee the day-to-day operations and financial management of the agency…
Gildan’s Fiscal Q2 Net Plummets on Lower Sales, Weaker Margins
Gildan Activewear Inc. reported that net earnings for the company’s fiscal second quarter fell more than 83% to $7.1 million, or 6 cents per diluted share, for the period ended April 5, compared with net earnings of $42.1 million, or 35 cents per diluted
GoLite Promotes Team Members, Hires New Sales Agencies
GoLite has promoted three key team members: Andy Burgess, formerly VP of Product, is now SVP of Product, Sales and Marketing, creating a strong cohesive synergy between the different business units. Mark Flanagan, formerly European General Manager, is now
Bushnell to Acquire C’eb’e Eyewear Brand
MidOcean Partners, a middle market private equity firm, and Bushnell Outdoor Products said that Bushnell has acquired the C'eb'e eyewear brand from Marcolin S.p.A., which listed on the Milan Stock Exchange. The terms of the purchase agreement we
President Obama Praises REI’s Healthcare Efforts
While drawing laughter for saying REI “has to be fit since they're a fitness company,” President Obama praised the outdoor retailer for its commitment to providing health insurance for part-time as well as full-time employees…
Arc’teryx Names Denny, Ink. PR Agency of Record
Arc'teryx Equipment Inc. has named Denny, ink. as its public relations agency of record. Effective immediately, Denny, ink. will oversee all public relations initiatives in North America for the Vancouver-based company – including media relations, st
Speedo Sees 1% Q1 Revenue Gain
Warnaco Group's Swimwear Group, which includes Speedo, reported net revenues decreased 5% in the first quarter to $95.9 million and decreased 1% on a constant currency basis. Group results were adversely affected by currency exchange rates and delaye
Beretta U.S. Corp. Reports Q1 Sales Up 66%
On Tuesday, Beretta U.S.A. Corp. announced first quarter results. “We are extremely pleased by our commercial pistol market sales”, said Gary Ramey, Vice President of Sales & Marketing, “First quarter sales are up 66% compared to last year. All of our pis
Sports Supply Sees Fiscal Q3 Profits Rise Despite Sales Dip
Sport Supply Group, Inc. reported that sales dipped 3.1% to $63.8 million in the third quarter ended March 31 from $65.8 million in the year-ago period. Gross margin contracted a bit to 35.4% of sales, down 120 basis points from the prior year period. Ea
HEAD N.V. Extends Debt Exchange Offer
Head N.V. said its subsidiary, HTM, is extending the early tender date of its previously announced private exchange offer (the “Exchange Offer”), to exchange its outstanding EUR135,000,000 8.5% Senior Notes due 2014 (the “Existing Notes”) for its new 10%
RECALL: Dahon/REI Novara Folding Bicycles
About 11,500 Dahon and REI Novara folding bicycles have been recalled because the hinge on the handlepost can crack, posing a fall hazard. There have been 25 reports of the bicycle's handlepost hinge cracking, including one minor injury involving scr
Yamaha Sponsors 2009 National Hunting and Fishing Day
Yamaha Motor Corp., U.S.A. announced its support of outdoor sports and conservation by sponsoring the 2009 National Hunting and Fishing (NHF) Day. As part of the partnership, Yamaha has donated an all-new 2009 Grizzly 550 FI ATV with Electric Power Steeri
Iconix Raises Guidance; Acquires Stake in Ed Hardy
Thanks to better-than-expected Q1 results driven by the successful roll out of Op, Starter and Danskin Now at Wal-Mart as well cost-cutting efforts, Iconix Brand Group raised its guidance for the full year.
Iconix also acquired a 50% interest in Hardy Wa
Crocs, Inc. Q1 Net Loss Widens on Declining Sales and Gross Margins
Crocs, Inc.’s forecast for a “significant loss” in the first quarter-after a grueling fourth quarter in 2008-was dead-on as the company reported first quarter revenue of $134.9 million, down 32.0% from $198.5 million in the year-ago period. The company q
Study: High School Athletes Face Serious Concussion Risks
According to a study from the Center for Injury Research and Policy at Nationwide Children's Hospital in Columbus, Ohio, 40.5% of high school athletes who suffer concussions return to action prematurely and set themselves up for more severe injuries.
