SGB Update Footwear
Timberland Misses Urban Market; Outdoor and Casual Still Strong…
Timberland is still dealing with the fall-out from a declining yellow boot business, and working hard to return the segment to the levels it experienced in its heyday. While this shortfall in the urban market is impacting both top and bottom line results,
Columbia’s Q2 Earnings Hurt by Margin Issues…
In spite of a double-digit increase in sales, Columbia reported a sharp decline in net income for the second quarter, largely due to lower margins and higher SG&A expenses. The decline in margins was caused by Columbia’s expanded product offering, which m
Callaway Golf Continues to Struggle with Top-Flite Business as Base Business Shows Promise…
Callaway Golf Company said its three-year targets outlined earlier this year are still “quite alive and well” despite a number of bumps in the road so far. Top-Flite continues to be a drag on the overall numbers with the stabilization of that business pr
Thule Sees Strong Growth In North America…
Thule is moving ahead with its plans to double the size of the company by the end of 2007, and is actually well on its way to accomplishing this goal by the end of the current financial year, one year ahead of schedule. This would make Thule an $825 milli
Coleman Q2 Sales Climb; Looking for Acquisitions…
Jarden Corporation, the parent company to Coleman, reported strong sales and earnings growth for the second quarter of 2006. Sales increased 28% to $962 million compared to $754 million in the previous year. Martin Franklin, president and CEO of Jarden, a
Hi-Tec Sees 20% First Half Sales Increase; Inks China Deal
Hi-Tec is reporting a sales increase of 20% for the first half of the year, exceeding internal expectations for the brand. Much of the growth was driven by the company’s outdoor category, but management said that the increase was a direct result of organi
prAna Adds to Liz Claiborne Top and Bottom Line
Liz Claiborne reported better than expected earnings for the second quarter of 2006, with its newly acquired businesses, prAna and Mac & Jac – a high-end fashion apparel company, contributing $17 million in sales with $7 million in expenses for the quarte
Rocky Sees 12.5% Q2 Sales Decline on Military Sales
Rocky Brands, Inc.’s second quarter net sales decreased 12.5% to $57.3 million compared to $65.5 million for the corresponding period a year ago. The majority of the decline was due to approximately $5.8 million of footwear sales to the military compared
Black Diamond Adds Three to Team
Black Diamond Equipment Ltd. hired Adam Chamberlain as Marketing Brand Manager, Nathan Kuder as Softgoods Category Manager and Steve Kropf as the Rockies region Sales Representative for its Ski and Mountain lines…
LaCrosse Footwear Sees Outdoor Sales Up 5%
For the second quarter of 2006, LaCrosse Footwear, Inc. posted net sales of $21.8 million, an increase of 10% from $19.8 million for the same period last year. Net income was $1.2 million or 19 cents per diluted share in the second quarter of 2006, up 189
Obituary: Bill Meistrell
Bill Meistrell, his brother Bob, and partner Morgan, are best known for inventing (in 1953) the first practical wetsuit, which revolutionized surfing and diving. Bill came up with the phrase “fits like a glove” and Body Glove was born. Bill was a pioneeri
Hurley Adds SVP — Women’s Young Contemporary
Hurley added Maria Barnes, as Senior Vice President of Women’s Young Contemporary. In her new role, Maria will oversee the division’s global Brand direction and growth strategy. Barnes spent the last eight years as the head of sales for Roxy swimwear and
Rugged Shark Names VP Sales and Marketing and VP Int’l
Rugged Shark LLC appointed David Sanderson as the new Vice President of Sales & Marketing and Richard Cardoso
as the new Vice President of International. Both individuals will report to Alois Ryan Rubenbauer, President of Rugged Shark LLC…
Brunswick Sees Fitness Strength, BandB Weak
For the quarter ended June 30, 2006, Brunswick Corp.'s net sales increased 1% to $1,543.1 million, up from $1,531.6 million a year earlier. Net earnings from continuing operations totaled $94.5 million, or 99 cents per diluted share, down from $111.0
Kelty Hires Mason as Marketing Manager
Kelty concluded their national search for a marketing manager this week, announcing the hire of Christian Mason to fill the essential slot on the Kelty team, beginning on August 1, 2006. Mason was formerly the director of product development at Mountainsm
