SGB Update Outdoor
K-Swiss Q2 Net Income Up 27% on International Strength
K-Swiss Inc. reported that net earnings for the second quarter of 2005 increased 27.1% to $16.8 million, or 47 cents per diluted share, compared with $13.2 million, or 35 cents per diluted share, in the prior-year period.
Total worldwide revenues increa
LWCF Preserved in 2006 Budget
Frank Hugelmeyer, President of Outdoor Industry Association applauded House and Senate Interior Appropriation conferees for saving stateside Land and Water Conservation Fund. Created in 1964, the LWCF Act directed $900 million per year in off-shore oil an
Kellwood Restructures and Lowers Guidance
Kellwood Company announced several initiatives aimed at advancing the Company’s corporate objectives, which focus on increasing its penetration of consumer lifestyle brands with strong growth and profit potential while reducing
exposure to smaller volume
Johnson Outdoors Hold Annual Investor Conference
Johnson Outdoors held its 2005 Annual Meeting of Shareholders at the historic Golden Rondelle Theater, celebrating the Company's 35th anniversary. Ms. Johnson-Leipold discussed the Company's future growth opportunities, and current success in ma
Coleman Parent Sees Sales Increase 279%; Income Up 104%
Jarden Corporation second quarter net sales increased 279% to $754 million compared to $199 million for the same period last year. Net income for the second quarter of 2005 increased by 104% to $32.8 million from $16.0 million for the same period last yea
Second Quarter Sales Jump Up 41% For Luxottica
Luxottica Group S.p.A. announced second quarter and first half ended June 30, 2005. For the quarter, consolidated sales were €1,145.6 million up 41.1%, or up 45.0% assuming constant exchange rates, from the year-ago quarter. Retail sales were €842.9 milli
West Marine Q2 Sales Slip 0.4%, Income Drops 9.5%
West Marine, Inc. reported a 9.5% drop in net income for the second quarter ended July 2, 2005 to $22.8 million, or $1.07 per share, compared to $25.2 million, or $1.17 per share, for the second quarter of 2004. Net sales for the second quarter were up 0.
Open Air Demo Heads to Willard Bay State Park
With 9,900 acres of fresh water atop the Great Salt Lake flood plain, Willard Bay State Park will act as the official backdrop to OR’s annual Open Air Demo on Wednesday, August 10th. OAD attendees will discover smooth sandy beachfront, ample parking, shel
High Gear Appoints Southwest and New England Sales Groups
Highgear appointed new representation in the New England and Southwest territories. Handling New England will be the Allison Sales group, lead by Kristel Hayes. The Southwest territory will be managed by Sportsgear Plus, an agency founded by long-time ind
Federated Will Make Macy’s a Real National Nameplate with May Co. Deal
Federated Department Stores, Inc. will add about 330 Macy's locations nationwide in 2006 as it converts regional department store nameplates to be acquired through its pending merger with The May Department Stores Company. With these additions, Macy&
Mizuno Touts Market Share Gains in Latest Specialty Survey
Mizuno USA said its business continues to thrive in 2005, and again received high marks from running specialty retailers in a recent nationwide survey. Mizuno reported a 26% increase in running footwear and apparel sales through June of 2005 when compare
Puma Sees Category and Regional Expansion in Phase IV; Sees non-Puma Brand Expansion
PUMA announced the launch of Phase IV of its long-term oriented business plan, in which PUMA will reinforce its position as one of the leading multi-category Sportlifestyle brands. PUMA will drive Phase IV and focus on three areas: Category Expansion, Reg
Puma to Replace Asia Pacific Licensees with JV’s; Sets Up India Sub
PUMA AG has signed a shareholders’ agreement with its current licensees for China and Hong Kong to set up a joint venture with Puma as the majority shareholder. The company has also agreed in principle to form joint ventures with its Taiwan licensee, and
Lotto Renews Underwear Agreement With Fraly
Lotto Sport Italia is proceeding with its strategy of expanding its brand into other sectors. Lotto announced that it has renewed the licensing agreement with Fraly for the manufacture and distribution of sports underwear collections under the Lotto brand
Brunswick Income Jumps 27% On 12% Sales Increase
For the second quarter ended June 30, 2005, Brunswick Corporation saw net sales increase 12% to $1,598.6 million, up from $1,422.7 million in the year-ago period. Excluding the effect of acquisitions, sales were up 10% in the quarter. Operating margins im