SGB Update Footwear
From Containers to Resins, Jarden is Saving at K2…
Jarden Corp. is on track to cut $29 million in costs in 2008 thanks largely to cost savings it has identified at K2. That cost cutting, moreover, may even bring assembly or manufacturing jobs back to Mexico or the United States…
PacSun Continues to Climb Back, Zumiez Posts First Comp Decline Since IPO…
Pacific Sunwear of California, Inc. saw a 7% increase in net sales for the fiscal month of February to $77.6 million from $72.5 million during the same period last year. At the PacSun concept, same-store sales increased 6% during the same period. Also res
Collective Extends Licensing Agreement With Royer
Collective Licensing International, LLC renewed licensing agreement with, France-based, Royer for the Airwalk brand. Royer will continue to hold the Master License for the Airwalk brand throughout Continental Europe through 2012…
West Marine Postpones Q4 Earnings Release
West Marine, Inc. delayed its fourth quarter earnings release so management could have more time to analyze current and historical expense accruals. The company said it would release its fourth quarter and fiscal year 2007 earnings and 2008 earnings guida
Fila Announces New Agreement for EMEA Region
Fila said it completed the sale of the subsidiaries comprising Fila's European, Middle East, African and Indian businesses to the European based management team and has entered into a long-term license for the Fila brand in the EMEA region. The manag
Famous Footwear Fourth Quarter Profits Fall…
Hurt by lower sales and a highly promotional climate, Famous Footwear's fourth quarter operating earnings fell 40% to $13.4 million from $22.5 million a year ago. On a conference call with analysts, Joe Wood, president, Brown Shoe Retail, noted that
Timberland Increases Stock Buyback Program
The Timberland Co. announced that its Board of Directors has authorized the repurchase of up to an additional six million shares of the company's Class A Common Stock. This additional program supplements the company's current six million share a
Jarden Sees Savings at K2…
Jarden Corp. is on track to cut $29 million in costs in 2008 thanks largely to cost savings it has identified at K2. That cost cutting, moreover, may even bring assembly or manufacturing jobs back to Mexico or the United States. The company cut $12 millio
Dussault Apparel to Acquire Dayton Boots
Dussault Apparel, Inc. has signed a non-binding Letter of Intent to acquire Vancouver's legendary Dayton Boots Enterprises, Inc. Dayton, which sells shoes and boots through retailers across Canada, has been led since February 2007 by CEO Stephen Enca
Heelys Posts Q4 Loss, Sales Tumble 86%…
Heelys Inc. swung to a fourth quarter loss on higher returns and markdowns, while sales tumbled 86% to $9.8 million from $71.1 million. The $5.5 million loss, or 20 cents a share, included $3 million to increase its reserve for marketing discretionary fun
Iceland’s First Billionaire Sets Sights on Amer Sports…
Helsinki-based Amer Sports is investigating restructuring its board after a London-based investment bank that acquired 20% of the company in late January began pushing for representation on the board. Novator Finland Oy notified Amer Sports March 3 that i
Aldila Sees Flat Q4 Sales…
Aldila, Inc. reported that 2007 fourth quarter sales were essentially flat at $17.7 million versus $17.9 million in Q4 2006. Sales of golf shafts were relatively flat and sales of composite materials were 13% higher. There were no sales of hockey products
OGIO Files Suit Against Callaway for Patent Infringement…
OGIO is taking Callaway to task over alleged patent infringement regarding its Woode Club Management system, which was issued patent number 6,877,694 B2 in April 2005. The company filed papers with the State of Utah's Federal District Court on Februa
Messe München Suspends ispo summer; Expands Nielsen Business Media Alliance…
Messe München GmbH last week suspended its ispo summer show until further notice, while broadening its alliance with Nielsen Business Media, the German company said Friday. The company said the changes, which follow defection of many outdoor vendors and
Report: Callaway Splits with Ad Agency
Callaway Golf has split with its ad agency, WPP Group's Y&R, according to Adweek. The trade magazine also said that earlier this year, director of marketing Scott White left Callaway to join competitor TaylorMade…
