SGB Update Outdoor
Ashworth Inc. Swings to Fiscal Q3 Profit on Sales Growth and Stronger Margins…
Ashworth Inc. continued to make improvements across its organization and maintained a focus on implementing profit improvement initiatives it put in place at the end of fiscal 2005. Those actions helped Ashworth continue efforts to sell more full-priced
U.S. Customs Busts Counterfeit Nike Smuggling Ring…
Representatives from the Department of Justice and the Department of Homeland Security last week announced the break-up of one of the largest counterfeit merchandise smuggling schemes uncovered in recent U.S. history.
Six persons, including two U.S. citi
G-III Cuts Expected Loss in Half; Ups Guidance…
G-III is seeing success with its diversification strategy and is also adding synergies between its core business and the acquired Marvin Richards and Winlit businesses. Second quarter net sales were $69.1 million compared to net sales of $54.6 million las
Umbro plc First Half Boosted by World Cup, but U.S., Branded Apparel and Footwear Disappoint…
Umbro plc reported a strong fiscal first half through July 2, thanks to increased exposure and sales from the World Cup tournament. World Cup mania did not transfer across the Atlantic, however, resulting in Umbro’s U.S. revenues not meeting expectations
TJX Approves Succession Plan…
The TJX Companies, Inc. has approved a succession plan for executive management of the company which will see Carol Meyrowitz, who was named president of TJX in October 2005, moved to the position of Chief Executive Officer, effective with the beginning o
FFR Returns to Denver and Former Schedule
FlyFishing Retailer will return to Denver’s Colorado Convention Center and revert back to September dates: Sun-Tues., Sept. 16-18 for their 2007 industry tradeshow and gathering. The decisions regarding dates and venue were based on recommendations from t
Peter Croft Hosts Slide Show to Benefit Bachar and Karafa
Peter Croft will host two slideshows to benefit climber John Bachar and the family of Acopa Rock Shoe President Steve Karafa. Titled “Excellent Adventures,” the slideshows are slated for September 15, 2006 at Mammoth Mountaineering in Mammoth Lakes Califo
CamelBak Raises $10,000 for OIWC and WWI
A total of $10,000 was raised by CamelBak for the Outdoor
Industries Women’s Coalition (OIWC) and the Women’s
Wilderness Institute from sales of the new CamelBak Bottle
during Summer Outdoor Retailer. This marks the second trade show season where CamelBa
Umbro First Half Sales and Profits Climb on World Cup
Umbro plc reported that first half profits before tax and exceptional items were £17.7 million ($31.5 mm), an increase of 55.2% over profits from the first half of last year of £11.4 million ($21.5 mm). Total Wholesale Equivalent sales were £249.3 million
Federal Court Decision Sets Precedent for e-Commerce
A federal district court judge ruled yesterday that a retailer may be sued if its website is inaccessible to the blind. The ruling was issued in a case brought by the National Federation of the Blind against Target Corp. The suit charges that Target'
REI Targets 100% Renewable Energy
Recreational Equipment Inc. will purchase an additional 1 million kilowatt hours of wind power annually to supply its three stores in Maryland. The addition of the three Maryland stores brings the total number of stores powered by renewable energy to 20 o
SIA Extends Ski Press Show Daily Contract
SnowSports Industries America has extended its partnership with Ski Press World, Inc. for production, publication and distribution of the Snowpress Show Daily through the 2009 SIA SnowSports Trade Show. Ski Press World began publication of the show daily
Schuylkill Valley Sports Recognized for Employee Initiatives
The Pennsylvania Psychological Association awarded Schuylkill Valley Sports with the organization's Certificate of Merit. Schuylkill Valley Sports was selected as a merit recipient due to its “employee involvement” initiatives.
Quiksilver Fiscal Q3 Earnings Hit Target on 40% Revenue Increase
Quiksilver, Inc.'s revenues for the third quarter of fiscal 2006 increased 41% to $525.9 million from $373.8 million in the third quarter of fiscal 2005. Consolidated net income for the third quarter of fiscal 2006 was $5.3 million compared to $24.6
Ashworth Swings to Profit on 9% Fiscal Q3 Sales Increase
Ashworth, Inc. net revenue for the fiscal third quarter ended July 31, 2006 increased 9.3% to $52.8 million as compared to $48.3 million for the third quarter of 2005. The Company reported consolidated third quarter net income of $0.7 million, or 5 cents
