SGB Update Outdoor
Skechers Posts Another Strong Quarter, But Guidance Has Analysts Nervous…
Skechers posted its seventh consecutive quarter of net sales increases and its sixth quarter of net income gains with owned-retail comprising approximately 20% of total business, but gave guidance for the fourth quarter and full year that was below analys
Cabela’s Expansion Continues Despite Slowdown…
While the Cabela’s expansion strategy managed to boost overall sales, the company still saw a heavy impact from back-to-back Gulf Coast hurricanes and the ensuing “CNN effect” that kept consumers at home watching TV and away from retail. This effect not o
Gander Mountain Warns on Forward Results…
Gander Mountain no longer expects to meet the guidance given at the end of August when the company reported its second quarter sales and earnings. The company now expects that comparable store sales in the third quarter will decline 9% to 10% versus 2004
Arbor Snowboards Adds Sales Rep
Arbor Snowboards added New Hampshire native, Chris Battis, to its sales rep team. Chris will be responsible for generating sales in New England for Arbor's snowboards, skates, and apparel. Battis' experiences with a variety of companies in the i
Mossimo Extends Merger Agreement
The Special Committee of the Mossimo, Inc.'s Board of Directors and Mossimo Giannulli have agreed to amend the Agreement and Plan of Merger entered into by the Company, Giannulli, Mossimo Acquisition Corp., a wholly-owned subsidiary of Mossimo Holdin
Marmot Hires Block as New Mid-west Rep
Marmot Mountain, LLC. hired Brian Block, doing business as Ames Adventure Outfitters, of Johnston, IA as the new Marmot sales representative for the Upper Mid West, effective November 1, 2005…
Keen Footwear Moves to Portland
KEEN Footwear announced it will be moving its corporate
headquarters to Portland, Oregon, early next year.
According to Jim Van Dine, President of Keen, the
company plans to complete the move by April 2006…
Icebreaker Makes Record Merino Wool Purchase; Sees 300% Growth in U.S.
Icebreaker, the New Zealand based manufacturer of pure merino nature clothing, has made the largest purchase of merino wool for apparel in New Zealand history. The contract, worth $30 million (New Zealand dollars, or roughly $21 million USD) and totaling
Brunswick Sees 13% Sales Increase Spur 21% Income Jump
Brunswick Corporation announced that for the quarter ended Sept. 30, 2005, net sales increased 13% to $1,434.6 million, from $1,273.2 million a year earlier. Net earnings totaled $88.4 million up 21% from $72.9 million for the third quarter of 2004. Fitne
Big Agnes Hires Hundley for South Central Sales
Big Agnes added Clay Hundley to its team of sales representatives. Hundley will tackle Big Agnes’ South Central territory, which includes Texas, Louisiana, Arkansas, Oklahoma and Kansas…
West Marine Reports Q3 Sales Up 3%; Income Down 71%
West Marine, Inc. reported net sales for the third quarter of 2005 were $188.6 million, up 3.0% compared to net sales of $183.1 million a year ago. Net income for the quarter was down 71.0% to $2.0 million, or 9 cents per share, from $6.9 million, or 32 c
Goody’s to be Acquired for $9.60 Per Share
After entering into an agreement with an affiliate of Sun Capital to be acquired for $8.00 per share, it appears that Goody's Family Clothing has chosen a different part as the company, along with GMM Capital LLC, and Prentice Capital Management, LP,
Everlast Signs Licensing Agreement with Spris Corp.
Everlast Worldwide Inc. announced that it has signed a licensing agreement with South Korea's Spris Corp. The agreement, which is the third signed between Everlast and Spris, calls for Spris Corp. to produce men's, women's and children'
Sara Lee CEO Elected as Chairman of Board
Sara Lee Corporation's board of directors elected current President and CEO, Brenda C. Barnes, to the position of chairman of the board. Barnes' new title is chairman and CEO. In a planned succession, she succeeds C. Steven McMillan, who has se
Nike Opens Fourth Oregon Outlet Store
Nike has opened its fourth Nike Factory Store in Oregon at the Woodburn Company Stores. The 15,000 store on Arney Road in Woodburn is Nike’s 78th factory store in the U.S. Nike’s other Factory Stores in Oregon are located in Portland, Bend, and Seaside.