SGB Update Outdoor
Billabong Sales Jump 31% in Americas
Billabong International Limited reported a 26.1% jump in sales revenues to AUD$610.7 million ($466.3 mm) from AUD$484.3 million ($364.3 mm)previously. Net profit increased 14.3% to AUD$90.7 million ($69.3 mm) for the first half. Sales revenue in the Ameri
LPGA Names Executive Director of TandCP
Ladies Professional Golf Association named Nancy Henderson as executive director of the LPGA Teaching & Club Professionals (T&CP), a new position. Henderson will begin work on March 7 with the LPGA T&CP Executive Committee to develop innovative programs t
La Sportiva and Sugoi Ink Trail Running Team Deal
La Sportiva and Sugoi announce a partnership for the 2007 La Sportiva Mountain Running Team. Sugoi will be outfitting the team in its running-specific apparel…
First Half Profits Drop in Pacific Brands’ Outdoor and Sport Division
Australia’s Pacific Brands Limited reported operating earnings dropped 14.4% in its Outdoor & Sport division in the six months ended December 31 as revenues dropped 5.3%. In its Footwear division, operating earnings climbed 7.5% on a 1.5% sales gain…
Golf Galaxy Promotes Busch to SVP of Merchandising
Golf Galaxy said Dana Busch, a nine-year Golf Galaxy employee, was promoted to SVP of merchandising. Justin Royer, also a nine-year Golf Galaxy employee, was promoted to vice president of marketing…
Iconix to Buy Danskin for $70M
Iconix Brand Group, owner of apparel brands including Candie's and Mossimo, has agreed to buy Danskin for $70 million. As part of the transaction, Carol Hochman, president and CEO of Danskin, and her team will continue as Iconix's licensee to gr
Gander to Open New Minnesota Store
Gander Mountain Company will open the first of more than a dozen stores it plans to open in 2007. The newest store will be located in Eden Prairie, Minnesota at 12160 Technology Drive. The store's Grand Opening is scheduled for March 30…
Volcom Sales and Earnings Climb, EU Investment Should Pay-Off in 2007
Volcom, Inc. fourth quarter revenues increased 37.2% to $56.6 million, compared with $41.2 million in the fourth quarter of 2005. Net income for the fourth quarter of 2006, which includes a provision for income taxes using a 39.4% tax rate, increased to $
Cabela’s Positive Q4 Comps Boost Income 25.5%
Cabela’s Incorporated revenue for the fourth fiscal quarter of 2006 increased 15.6% to $781.0 million compared to $675.4 million for the fourth fiscal quarter of 2005. Net income for the fourth fiscal quarter of 2006 increased 25.5% to $53.4 million, or 8
Spenco Launches Pink Ribbon Program
Spenco Medical Corporation developed the Spenco Pink Ribbon Program whereby the company will donate a portion of its Q Factor sales to actively support the ongoing awareness of, and fight against breast cancer…
Yakima Increases OIWC Sponsorship
Yakima will become a gold level sponsor for the Outdoor Industries Women’s Coalition (OIWC), a non-profit association organized for the purpose of equipping women to reach their professional success in the outdoor industries through educational programmin
TJX Net Falls On Year-Ago Benefit
The TJX Cos. Inc. reported income from continuing operations for the fourth quarter was $243 million, or 51 cents a share. That compares with $288.7 million, or 59 cents, a year ago. Sales increased 9% to $5.1 billion, and comparable store sales increase
Skechers Q4 Profit Soars 149%
Skechers USA Inc. reported fourth quarter earnings vaulted 149% to $14.6 million, or 33 cents a share, from $5.9 million, or 14 cents, a year earlier. Sales increased 36.2% to $304.5 million as compared to $223.5 million in the fourth quarter of 2005…
Cutters Gloves Partners with GreatCatch
Cutters Gloves, based in Phoenix, reached an agreement to partner with GreatCatch of Lafayette, Louisiana. Cutters will distribute the GreatCatch training device through its large network of retail outlets in the U.S., Canada, and abroad. Invented by Mark
Axcent to Create European Descente Subsidiary
Axcent Sports, the exclusive licensee of Descente cycle, run and triathlon apparel in North America, Europe and Australia has created a European subsidiary to distribute Descente athletic and cycling apparel directly to retailers throughout Europe. Riis C
