SGB Update Outdoor
Pacific Cycle Sales Drop 7%; Dorel Earnings Fall
Dorel Industries Inc. first quarter net income was $24.2 million or 74 cents per diluted share compared to $27.2 million or 83 cents per diluted share a year ago. First quarter revenue was $451.0 million, down from $471.9 million last year. First quarter
Intrawest Reports Double Digit Q3 Revenue Increase
For the third quarter ended March 31, 2006 Intrawest Corporation reported a 25% increase in Total Company EBITDA to $136.5 million from $109.5 million during the same period last year due mainly to the closing of the first phase of the sale of a majority
Phoenix Footwear CEO Resigns
Phoenix Footwear Group, Inc. has accepted the resignation of President and Chief Executive Officer, Rick White. Mr. White is departing to pursue entrepreneurial interests, but has agreed to consult with Phoenix Footwear during a leadership transition peri
OIWC Seeks Nominations for First Ascent Award
The Outdoor Industries Women’s Coalition (OIWC) is seeking nominations for the second annual OIWC First Ascent Award. This award recognizes a woman new to the industry who demonstrates strong potential for leadership. The winner will be rewarded with a sc
Smooth Fitness Hires New COO
Smooth Fitness has hired Marc Cerceo as the company’s COO. Cerceo most recently held the same position with Pat Croce and Company. Previously, he was CEO of the Philadelphia chapter of the American Red Cross. Cerceo brings more than two decades of experie
Marker Moves Warehouse to Reno
Marker Ltd. will move their warehouse from Salt Lake City to an all new distribution center in Reno, Nevada. The move will take place during the month of May, and the new distribution center will be operational by June 1, 2006. Distribution will begin i
adidas Group Posts Strong Q1 Results on Double-Digit Organic Growth
adidas Group reported that currency-neutral sales grew 40% in the 2006 first quarter, primarily due to the first-time consolidation of Reebok. Excluding Reebok, sales increased 13% on a currency-neutral basis, with higher sales in all regions. In euro ter
CITA Expands Ski and Snowboard Pant Quota Exemption
The Committee for the Implementation of Textile Agreements, an interagency committee chaired by the US Department of Commerce, sent a letter to Outdoor Industry Association (OIA) and SnowSports Industries America (SIA) recently informing the industry that
Thule Acquires German Trailer Rental Company
Thule has acquired anhaenger-center.com, a leading German rental trailer company. Anhaenger-center.com is family owned. The company is based in Neu Ulm showing annual sales of € 2.5 million ($3.1 mm) with good profitability.
Van Dine Forms Consulting Firm
Van Dine & Partners is a newly launched consulting
company with a focus on strategic business development for footwear, apparel and active lifestyle consumer product brands. The partners include Scott McGuire, Jacqueline Lenox, Jenny Fredericks and Mario
Speedo Parent Q1 Sales Up; Swimwear Group Income Declines
The Warnaco Group, Inc. posted net revenues of $466.3 million, up from $439.5 million in the first quarter of fiscal 2005, which includes a $60.4 million gain from the acquired Calvin Klein Jeans business. Net income totaled $16.1 million, or 34 cents per
K2 Technical Apparel Appoints Management Team
Mark Martin, President of both Marmot Mountain LLC, and the Technical Apparel Platform of K2 Inc., made several personnel appointments for the platform. The Technical Apparel Platform is the operating unit in the Apparel and Footwear Division of K2, Inc.
éS Footwear Adds to Marketing and Merchandising Teams
éS Footwear made a couple of personal moves this week, adding Matt Sharkey as Brand Marketing Manager and Marc Joines as Merchandising Manager. Matt brings 12 years of marketing experience, having held various management positions for multiple brands lik
April Retail Results Surprise the Market…
A later Easter holiday and the warmest April on record combined to provide the perfect scenario for strong sales growth in the month of April. Based on its survey of 59 retail chains, the International Council of Shopping Centers estimates that comp stor
SportsOneSource Sees Weaker Comps in Athletic Footwear Sales in April…
While comp store data is not tracked on a monthly basis in the sporting goods, athletic footwear, and athletic apparel business, SportsOneSource analyzes POS data compiled by SportScanINFO to develop a market view of the overall sporting goods busi
