SGB Update Outdoor

The Sportsman’s Guide Will Again Beat Guidance…

For the fourth quarter in a row, The Sportsman's Guide, Inc. has raised its guidance from previous estimates. Net sales for the quarter ended September 30 are now expected to be in the range of $61 million to $62 million, compared with net sales of

POC Named Official Supplier of U.S. Ski Team

POC, a Swedish company producing protection for alpine skiers, was named Official Supplier to the U.S. Ski Team for the coming World Cup and Olympic season. The agreement between POC and the United States Ski & Snowboard Association (USSA) gives POC the r

Russell Corp. Stands Behind Chairman in Extended Deal…

Russell Corporation has extended the employment contract of chairman and CEO Jack Ward through at least March 2009. Mr. Ward will receive an annual base salary of $850,000, subject to annual review and potential increase, and also will be eligible to rec

Orange 21 Revises Guidance on Slow Second Half Sales

Orange 21 expects revenues for 2005 in the range of $41.5 million – $42.5 million, the lower end of initial guidance and fully diluted earnings per share in the range of 5 cents to 9 cents. For the third quarter of 2005, Orange 21 forecasts revenue in the

Orange 21 Lowers Guidance; Acquires Manufacturer…

Orange 21 will purchase its Italian manufacturer, LEM S.r.l., subject to certain closing requirements. The purchase, several lawsuits, and a reduction in second half sales, have caused the company to restate guidance to the lower end of its previous estim

Orange 21 Acquires Italian Manufacturing Facility

Orange 21 will purchase its Italian manufacturer, LEM S.r.l., subject to certain closing requirements. The transaction is expected to close in December 2005, at which time it is anticipated that LEM will become a wholly owned subsidiary of Orange 21 Inc..

Timberland CIO, Brigham, Departs

The Timberland Co. confirmed that its CIO, Steve Brigham, will be leaving the company. His departure will be effective on October 31, 2005. Brigham succeeded Yusef Akyuz, who left Timberland in November 2000 to become CIO at The Stride Rite Corp. in Lexi

VF Corp.’s Q3 Income Climbs 17% on Outdoor Strength

VF Corporation's third quarter net income increased 17% to $181.9 million from $155.4 million, with earnings per share rising 15% to $1.59 from $1.38. Outdoor business sales rose 14% in the quarter to $521 million from $457 million, with the newly ac

Berta Joins Hi-Tec as Sr. VP of Sales

Hi-Tec Sports USA appointed Bill Berta to the position of Senior VP of Sales. This is a homecoming of sorts for Berta, who previously worked in the role of Hi-Tec National Sales Manager from 1990-1995…

Lou Holtz Set to Open NSGA Management Conference

Lou Holtz will be the keynote speaker at the 42nd Annual NSGA Management Conference & 8th Annual Team Dealer Summit in San Antonio, Tx. Holtz will address more than 400 sporting goods industry leaders at the Conference/Summit’s opening session Monday, May

Rawlings/Worth Win Modell’s Vendor of Year Award

Rawlings and Worth, both brands under K2 Team Sports umbrella, have won Modell’s Sporting Goods “2005 Sporting Goods Vendor of the Year” for the second consecutive year.
The Sporting Goods Vendor Award, given annually to one company, is determined by the

Winter Trails Adds New Sponsors

Columbia Sportswear, Sorel and Manzella gloves recently signed on to sponsor Winter Trails, one of the nation’s most extensive “introductory snow sports programs”. The sponsorships also support Winter Trails’ companion program, Winter Feels Good, the nati

Unifi Q1 Sales Up 3.2%; Net Loss Down to $5.7 Mil

For the company's fiscal first quarter ended Sept. 25, 2005, Unifi, Inc. posted net sales from continuing operations of $185.4 million. Sales rose $5.8 million or 3.2% from net sales of $179.6 million last year. Net income from continuing operations

Unifi Explores Options for Company Direction

Unifi, Inc. announced that its Board of Directors is exploring strategic alternatives to improve shareholder value, including expanding within the textile industry, restructuring outstanding debt, moving into non-textile businesses, merging or selling the

DeFeet Golf Increases Rep Force by Four

DeFeet Golf, a division of Global Tour Golf, announced that the addition of four sales representatives to its team. The new additions to the sales force include Roger Yago, covering Colorado and the Rocky Mountain region; Rob Schaefer, covering Texas and