SGB Update Outdoor
Jarden Corp. Doubles Q3 Net Despite Declines at Outdoor Group
Jarden Corporation, parent company to Coleman, reported that net sales for the third quarter increased 10% to $1.0 billion compared to $938 million for the same period in the previous year. Net income was up 114% to $51.3 million, or 78 cents per diluted
K-Swiss Posts Flat Earnings Growth on Stronger International Business
K-Swiss Inc. reported that total worldwide revenues declined 2.6% to $133.1 million compared with $136.7 million in the prior-year period. Domestic revenues decreased 21.0% to $81.7 million in Q3, while international revenues increased 54.9% to $51.4 mill
West Marine Q3 Income Drops on Store Closing Costs
West Marine, Inc. reported net sales of $195.6 million for the third quarter, an increase of 3.7% from net sales of $188.6 million for the same period last year. In addition, comparable store sales increased 2.4% for the quarter. Net income was down 80.0%
Gramicci Expands Sales Organization
Gramicci's is hiring four new sales reps to help sustain momentum it says it has gained since launching a branding effort at OR Sumemr Market. David Vietze has joined Gramicci as the New England rep, Jared Levine will join Gramicci as southern Cali
Volcom Third Quarter Sales Jump 19%; Income Slips
Volcom, Inc. third quarter revenues increased approximately 19.3% to $61.0 million, compared with $51.2 million in the third quarter of 2005. Net income for the third quarter of 2006 decreased 10.0% to $10.2 million, or 42 cents per diluted share, compare
Wolverine Names General Counsel and Secretary
Wolverine World Wide named Kenneth A. Grady as its new general counsel and secretary. Grady is stepping into the role after James D. Zwiers was promoted to president of Hush Puppies U.S. Ken will report directly to Stephen L. Gulis Jr., executive vice pr
Unifi to Acquire Division of Dillon Yarn Corp.
Unifi, Inc. has signed a definitive agreement to acquire the assets, including the inventory, of the Dillon Yarn division of Dillon Yarn Corporation. The purchase price will be approximately $65 million, comprised of $44.5 million in cash and approximatel
Collective Licenses Sims to Sports Authority
Collective International, LLC and The Sports Authority have signed an exclusive Master License agreement for the Sims snowboard brand. Under the five year agreement, The Sports Authority will retain exclusive rights in the United States to market and sell
Amer Has Tough Q3; Salomon, Wilson Sales Both off Mid-Singles
For the third quarter, Amer Sports Corp. saw net sales decrease 2.4% to €471.9 million ($601.7 mm) from €483.6 million ($590.1 mm) for the same period one year ago. Net income also decreased, slipping 2.1% to €36.6 million ($46.7 mm) from last year’s €37.
Tecnica Group Acquires Blizzard Gmbh
The Tecnica Group has acquired Austrian ski manufacturer Blizzard Gmbh. The acquisition is subject to the official approval of the Austrian Antitrust Authority. Tecnica, through its Nordica subsidiary (100% controlled by Tecnica) will acquire 66.66% of t
Aldila Q3 Bottom Line Takes Hit on Sharp Golf Decline
Aldila, Inc. reported third quarter net sales declined 15.5% to $16.3 million, compared to $19.3 million in the comparable period of 2005. The company reported net income of $2.9 million, or 51 cents per diluted share, for the third quarter ended Septemb
Brown Shoe Co. Appoints Veteran CFO
Brown Shoe Company, Inc. has appointed Mark E. Hood, former Chief Financial Officer of Panera Bread Co., as Senior Vice President and Chief Financial Officer, effective October 30, 2006. Hood, who has more than 30 years of finance, accounting and manager
The Bon-Ton to Acquire Four Parisian Stores from Belk
The Bon-Ton Stores, Inc. has entered into a definitive asset agreement with Belk, Inc. to purchase four Parisian department stores and the rights for the construction of a fifth Parisian store. Bon-Ton anticipates completing the transaction with Belk on O
Spy Optic Taps Randall as Manager of Corporate Communications
Spy Optic has named Elizabeth “Liz” Randall as manager of corporate communications. Effective immediately, Elizabeth will be overseeing all Public Relations and Communications functions including media relations, corporate news, product launches, athlete
Crocs Acquires EXO Italia
Crocs, Inc. has acquired EXO Italia, S.r.l., designer and developer of EVA-based finished products with a focus on the footwear industry. Headquartered in Padova, Italy, EXO Italia has worked with several leading branded consumer companies to produce high
