SGB Update Outdoor
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.
Thule and LEER Form Strategic Alliance
Thule and LEER, a brand of pickup truck caps and tonneaus, have formed a strategic partnership where Thule will be the exclusive supplier of roof rack products for LEER’s line of fiberglass truck caps. The companies will also cross-promote each other thro
GSIC Postpones Q3 Reporting Due to Accounting Errors; Sees Wider Q3 Loss
GSI Commerce has postponed the release of its fiscal 2005 third quarter operating results and conference call, but did issue preliminary estimated fiscal third quarter results and issued updated 2005 fiscal year guidance. Net revenues for the fiscal 2005
Aldila Sees 79% Q3 Sales Jump Carry Income Up 15.2%
Aldila, Inc. reported net sales of $19.3 million for the third quarter ended September 30, 2005, a 79% increase from net sales of $10.8 million for last year's third quarter. The company reported net income of $3.8 million, or 68 cents per fully dilu
Nordica Partners WIth Go Fast Energy Drinks
Nordica USA and Go Fast announced their partnership for the 2005 – 2006 ski season. Go Fast will supply Nordica representatives with energy drinks to keep ski shop employees fueled for the busy selling season. Additionally, Go Fast will be supplying sampl
Brown Shoe Appoints SVP-Corporate Real Estate
Brown Shoe Company, Inc. announced the appointment of David G. Krueger to SVP-corporate real estate. In his new role, Krueger will grow and manage Brown Shoe’s real estate portfolio of more than 1,300 retail locations throughout the United States, Canada,
Gramicci Has Back Office and Sales Team Reorganized
Sole Assets Holdings, LLC, a Buxbaum Group affiliate that currently owns the Gramicci brand, has restructured Gramicci’s back office and all of its operations under the guidance of Arnold Rubenstein, the company's operations manager. Notably, Rubenst
Broder Bros. Sees Exit of Top Executives
Broder Bros., Co. on Tuesday announced the resignations of Vince Tyra, Chief Executive Officer, and Mark Barrocas, President. The Company also announced that Thomas Myers, Director, has been appointed Interim CEO effective immediately. The Company has com
Gander Mountain Warns on 2005 Results; Q3 Comps to Fall
Gander Mountain Company is reporting that it no longer expects to meet its previously disclosed guidance for revenue of at least $850 million, flat comparable store sales and pretax income of at least $16 million for the fiscal year 2005. The uncertainty
Delta Cycle Recalls Two-Bike Folding Racks
Delta Cycle Corp., in cooperation with The U.S. Consumer Product Safety Commission, has announced a voluntary recall of about 3,500 Picasso Two-Bike Folding Racks. Based on the recall, the bike rack does not have sufficient hardware to support its weight
Greg Norman Collection Q3 Sales Jump 20%
Greg Norman Collection's consolidated net sales increased 19.8% to $20.0 million compared to $16.7 million last year, with a 23% increase in its core golf business for the third quarter ended September 30th. This marks the eleventh consecutive quarte
