SGB Update Outdoor
K-Swiss Earnings Fall on Slow Domestic Sales
K-Swiss total Q1 revenues decreased 18.3% to $122.6 million $150.0 million last year. Net earnings and net earnings per diluted share for the first quarter of 2007 decreased 27.8% and 27.1%, respectively, to $18.0 million or 51 cents per diluted share,
Hanesbrands Q1 Sales Inch Up on Champion Gains
Hanesbrands Inc. 2007 first quarter total net sales increased slightly to $1.04 billion, and earnings per diluted share were 12 cents, which were significantly lower than a year ago primarily because of several factors related to the company's spinof
Fortune Brands Q1 Sales Decline; Golf Flat
Fortune Brands, Inc. reported that first quarter of 2007, despite strong profit performance for the company's spirits and wine brands, earnings per share were lower than a year ago due primarily to the impact of the housing downturn in the United Sta
Unifi Posts Widened Q1 Loss on Sales Decrease
Unifi, Inc. reported that net sales from continuing operations for the current March quarter, including the company's Dillon acquisition on January 1, 2007, of $178.2 million, were down $3.2 million or 1.8% from net sales of $181.4 million for the pr
Brunswick’s Boat Woes Continue in First Quarter
Brunswick Corporation saw net earnings from continuing operations of $34.3 million, or 38 cents per diluted share, for the first quarter of 2007, compared with net earnings from continuing operations of $74.1 million, or 77 cents per diluted share, for th
Jarden Corp. to Acquire K2 Inc. for $1.2 Billion
Jarden Corporation and K2 Inc. have signed a definitive merger agreement pursuant to which Jarden will acquire K2. Under the terms of the agreement, Jarden will pay $10.85 per share of K2 common stock in cash and will issue 0.1086 of a share of Jarden com
Amer Q1 Sales Down 9%; Loss Widens
Amer Sports net sales in the first quarter decreased 9% to €381.8 million ($500.3 mm) from €417.4 million ($501.9 mm) in 2006. Net sales declined by 4% in local currency terms. Net sales by business segment were as follows: Salomon 29%, Wilson 43%, Precor
Reebok Sponsors the 2007 Avon Walk
Reebok will be the official footwear and apparel sponsor of the 2007 Avon Walk for Breast Cancer Series for the second consecutive year. A symbolic Pink Ribbon footwear collection will be sold at retailers across the country…
Everlast Signs Master License for China
Everlast Worldwide Inc. has entered into a Master License agreement for mainland China with Brand Management Holdings PTY Ltd (BMH) of Hong Kong. The license covers The People's Republic of China and will include boxing and fitness equipment, men
Skechers Posts 24% Jump in First Quarter Sales
Skechers USA, Inc. recorded a first quarter jump in net sales of 24.3% to $344.9 million from $277.6 million for the first quarter of 2006. Net earnings for the quarter were $23.9 million, up from $16.6 million for the first quarter of 2006. Diluted earni
GSI Commerce Shrinks Q1 Loss on 28% Revenue Jump
GSI Commerce Inc. saw first quarter net revenue increase 28% to $146.3 million from $114.2 million during last year's quarter. Merchandise sales increased 69% to $322.5 million in the quarter from $191.0 million last year. Revenues from the sale of s
Shertz Leaves MacGregor Golf
Dana Shertz has left MacGregor Golf to become Chief Operating Officer and Managing Partner at EnDev Enterprises LLC, a San Diego-based entertainment and real estate development group. Shertz was most recently COO and President of MacGregor Golf…
Factory Design Adds to Team
Factory Design Labs promoted four employees while adding six new staff members. Jaxon Repp is VP of client strategy, while David Stewart becomes senior director of interactive services; Haley Nemann becomes interactive project manager; and Mietra Ghaffari
Nicklaus Golf Adds Japanese Distributor
Cizen USA., Inc. has reached an agreement as the licensee for all of the Nicklaus Golf Equipment Company brands in Japan…
Cervelo Launches New Consumer Generated Media Ad Campaign
Cervelo launched their new Consumer Generated Media contest and ad campaign, based on the tag Enjoy.Cervelo, this weekend on Cyclysm Sundays. The CGM promotion is a natural extension of Cervelos efforts as it has pioneered social media programs in the bik
