SGB Update Footwear
Nautilus Realigns into Three Business Units; Names Unit Chiefs
Nautilus, Inc. has realigned its leadership structure, a move that includes the formation of three business units. NLS named Tim Hawkins president of the Fitness Equipment Business and Darryl Thomas as president of the International Equipment Business.
Russell Q4 Income Climbs on Tax Benefit and 6% Sales Increase
Russell Corporation fiscal 2005 fourth quarter sales were $354.6 million, an increase of 6.2% over the $334.0 million reported in the same period a year ago. The Company reported earnings of $11.8 million, or 36 cents per diluted share, versus 31 cents pe
Redmond Sports Hires Julie Hollar
Redmond Sports, L.L.C. has added Ms. Julie Hollar to the manufacturer's rep agency, serving the needs of cycling, running, and outdoor retailers in NC, SC, GA, AL, TN, and MS. Hollar brings to the group eight years of experience as an independent re
Thesenga returns to Climbing as Editor in Chief
Climbing Magazine announced the return of Jonathan Thesenga as Editor In Chief. After a three-year hiatus, Thesenga returns to the helm of Climbing, injecting the magazine with the same high dose of unbridled enthusiasm and unrefined humor he has been del
Skechers Ups Q4 Guidance…
Skechers USA expects to exceed a billion dollars in sales in 2005 on stronger-than-expected fourth quarter sales. SKX has raised its guidance for the quarter and the year ended December 31, now estimating diluted earnings per share to be in the range of
Under Armour Sees More Balance Across Genders; Outlook Disappoints Street…
Under Armour, Inc. Founder, President, and CEO Kevin Plank sounded like an old pro in his inaugural quarterly conference call with investors and analysts last week, but the company’s outlook for 2006 may have been the catalyst that saw investors pull back
K-Swiss Gets Europe Help to Offset the Classic Downturn in Domestic Market…
K-Swiss Inc. saw its reliance on its classics positioning take a bite out of its U.S. business in the fourth quarter, but the top-line came in slightly above the company’s guidance thanks to continued strength in the international business and better-than
Oakley Unveils Brand Strategy; Picks Up Oliver Peoples…
After Oakley saw its Q4 sales gain fail to translate to the bottom line, management unveiled several initiatives that it hopes will help achieve sustainable revenue growth, improved long-term earnings growth, and return on investment. In addition, the com
Collective Licensing Int’l Extends Brand Management Platform with LBL Deal…
Collective Licensing International, LLC, owner of the Airwalk and genetic brands, has acquired Toronto, Ontario-based Lifestyle Brands Ltd., owner of the Vision and Vision Street Wear, Vision Skateboards, Vision Snowboards, Premise, Lamar and LTD, Dukes,
ispo Winter 2006 Draws a Crowd
ispo winter 06 took place on 160,000 sq. m. at the New Munich Trade Fair Centre from January 29 to February 1, 2006. A total of 1,806 exhibitors, compared to 1,600 last year, from 49 countries, compared to 44 last year, attended the fair. 81% of the atten
Fromson Steps Down from Role as President of Cascade Designs…
After 23 years at Cascade Designs Inc., Lee Fromson will be stepping down as President on February 28, 2006. In 2005, the CDI Employee Stock Bonus Plan was revised. While that revision improved the financial structure of CDI, it resulted in a change to th
Intrawest Turns Snow into Profits…
Intrawest reported a strong fiscal second quarter and managed to pull itself out of the red, largely due to the sale of its Mammoth ski area in Lake Tahoe. The sale added $60.0 million to the company’s bottom line, but even without this benefit, the compa
K-Swiss Q4 Earnings Fall on Domestic Sales Weakness
K-Swiss Inc. net earnings for the fourth quarter of 2005 were $11.6 million or 33 cents per diluted share, compared with $15.6 million or 43 cents per diluted share, in the prior-year. For the fourth quarter of 2005, total worldwide revenues increased 4.5
Oakley Launches New Multi-Brand Growth Strategy
Oakley, Inc. announced several strategic initiatives it believes will position the company for sustainable revenue growth, improved long-term earnings growth and return on investment. Within the context of those strategic initiatives, the company also pro
Wolverine Fourth Quarter Sales Climb 4.4%; Fiscal 2005 Exceeds $1 Billion
Wolverine World Wide, Inc. reported record revenue and earnings per share for its fourth quarter and 2005 fiscal year, marking its fifth consecutive year of record results.
For the fourth quarter of 2005, the Company reported revenue of $321.0 million, a
