SGB Update Outdoor
Profit Growth Outpaces Q3 Sales Gains at The Buckle…
The Buckle saw a large gross margin gain during the third quarter ended October 29 cover ground lost on a slight comparable sales decrease and SG&A expense increase. The margins gain, coupled with a low-singles net sales increase, prompted a low double-d
Timberland Snags SmartWool in $82 Million Deal…
In the second significant outdoor industry acquisition in as many weeks, Timberland inked a definitive agreement to purchase all of SmartWool’s outstanding stock from two private equity investment groups for roughly $82 million in cash. SmartWool’s 2005
China Quota Battle May be Drawing to a Close…
The U.S. and China announced a comprehensive, three-year agreement on the import of textiles and apparel. The quotas established under the agreement are similar to quotas that would have been imposed if China textile safeguards were invoked but quotas on
Feehan Replaced as Confluence Chef Executive…
Confluence Holdings issued a statement last week regarding changes to the company's executive team. Effective Thursday, November 3, 2005, Robert Sharp, Chairman of the Board of Confluence Holdings Corp., has assumed operational responsibilities of Co
OIA: Equipment Sales Shift to e-Commerce…
The overall retail environment is changing quite dramatically, according to OIA’s most recent Top-Line Retail Audit, but these changes do not appear to effect specialty retailers in any negative way. The most profound changes are clearly driven by two pr
Intrawest Sees Upside in Non-Ski Activities…
Intrawest reported increased first quarter revenue from their mountain segment, which grew by 12%, led primarily by Whistler Blackcomb and the growth in its mountain bike park. Intrawest Retail Group also contributed significantly due to operating eight a
Orange 21 Third Quarter Sales Climb 8.4%
Orange 21 Inc.'s net sales for the third quarter of 2005 increased 8.4% to $10.8 million compared to $10.0 million in the third quarter of 2004, meeting the high end of the Company's previously announced estimate. The Company reported net income
Mossimo Posts 38.8% Sales Jump During Q3
Mossimo, Inc. reported a 38.8% increase in third quarter 2005 total net revenues to $6.8 million from $4.9 million for the same period last year. Net earnings for the quarter were $637,000 compared to net a net loss of $125,000 for the same period last ye
Sara Lee Completes European Branded Apparel Sale
Sara Lee Corporation announced that it has entered into a definitive agreement for the sale of its branded apparel business in Europe to an affiliate of Sun Capital Partners, Inc. According to the terms of the agreement, the Sun Capital affiliate will pay
Head NV Rides Flexpoint Technology to Solid Q3…
Head N.V. saw less upside in its practice of reporting in U.S. currency in the third quarter, as the strengthening Dollar narrowed the spread against the Euro to just 20 basis points in the period. But the company needed less of a boost in reporting thei
Royal Robbins Appoints New Western Sales Rep
Royal Robbins has appointed outdoor apparel sales veteran Scott Duer as its sales representative in Utah and Wyoming and seasoned sales pro Michael Stepanek as the new rep for the territory of Colorado and New Mexico. Duer has been a sales rep in the out
Clif Bar Honors Green Ski Resorts and Launches Wind Power Initiative
Clif Bar & Co. is launching a nationwide campaign this winter to help ski resorts, skiers and snowboarders combat global warming, which threatens to reduce snowfall and jeopardize winter sports for years to come. Clif Bar will be a partner in the 2006 Gol
Shoe Pavilion Makes Big Q3 Income Gains Off Small Base
Shoe Pavilion, Inc. announced comparable store net sales increased 7.8% for the third quarter ended October 1, 2005 from the same period last year. Net sales for the third quarter ended October 1, 2005 increased 20.1% to $24.8 million from $20.7 million f
Descente Inks Team Deal with CSC
Descente Cycling Apparel, licensed and distributed exclusively by Axcent Sports in North America, Europe, Australia and elsewhere, has been named the official cycling apparel supplier to the Team CSC professional cycling team, based in Denmark and run by
Sigg Hires True North Brand Group
SIGG USA has selected True North Brand Group Inc., to handle its public relations efforts in the U.S. SIGG, which until recently sold in the U.S. market thru a distributor, has recently reorganized and opened SIGG USA, a subsidiary of SIGG Switzerland…
