SGB Update Outdoor
Umbro Swings to Profit in First Half; US Sales Double
Umbro plc reported that total wholesale equivalent sales, which is the Group’s buy/sell sales plus the wholesale value of licensees’ sales, for the first half declined 10.1% to £175.4 million ($329 mm) from £195.1 million ($356 mm) in H1 2004. Umbro post
Collegiate Pacific Fiscal Year Net Doubles; Acquires Sport Supply Group
Collegiate Pacific Inc. has executed a definitive merger agreement to acquire the remaining outstanding shares of Sport Supply Group, Inc. Fiscal year revenues were up 169%to $106.3 million, due primarily to acquisitions.
Net income doubled to $3.8 mi
Aldila Adds Creamer to Advisory Staff
Aldila has added LPGA Tour player, Paula Creamer, to its Advisory Staff. Paula Creamer, age 19, one of the game's hottest prospects and a two-time winner on this year's LPGA Tour. She joins an Aldila Advisory Staff that includes Nick Price, thre
Quiksilver’s Fiscal Q3 Income Jumps 26% on 11% Sales Increase
Quiksilver's consolidated net revenues for the third quarter of fiscal 2005 increased 11% to $373.8 million from $337.9 million in 2004. Consolidated net income for the third quarter of fiscal 2005 increased 26% to $24.6 million from $19.5 million th
Trek-Tech Inks Canada Distribution Deal
Trek Technologies LLC, d.b.a. Trek-Tech, plans to expand its North American presence by finalizing an agreement with Gentec International of Markham, Ontario, to distribute the company's products in Canada.
Lowa Adds New Rep Groups
Peter Sachs, general manager of LOWA Boots in the U.S., announced the appointment of the Flamand Sports Group to manage the company’s Southeast territory and of John Wilmers to take over the Great Lakes territory…
FESI Supports EC’s Quota Proposal
The Federation of the European Sporting Goods Industry announced that the organization fully supports the European Commission’s latest proposals to EU Member States concerning textiles and apparel that have been blocked at the EU border. FESI’s original p
Camelbak Inks Deal with Outdoor Gear Canada
Outdoor Gear Canada has been re-appointed as CamelBak's exclusive distributor for the Canadian Motor/Powersports market. The agreement, slated to begin September 1, 2005, marks a significant expansion between the world’s leading hands-free hydration
Greg Cummings Retires from Fox River
Greg Cummings, marketing manager and international sales representative for Fox River Mills, Inc., will retire on September 30, 2005. Cummings has spent the last 17 years in various sales and marketing roles for Fox River. Before that, he worked for Burli
DSW Sees Q2 Sales Jump 17.8%, Net Up 4.5%
DSW Inc. announced a 4.5% increase in net income of $9.3 million for the second quarter, compared with $8.9 million last year. Net sales for the quarter were $276.2 million, a 17.8% rise from $234.4 million during last year's second quarter. The seco
Cutter and Buck Heads Off Shareholder Challenge; Announces Corporate Governance Initiatives
Cutter & Buck Inc. has accelerated its previously announced initiative to eliminate its classified board structure and the related supermajority vote requirement. If the company's proposal is approved by shareholders at their upcoming meeting, all me
Mervyns to Focus on West and Southwest; Will Shutter 25% of Doors
As part of a new business strategy, Mervyns is focusing on the high-growth West and Southwest markets and its strong profitable foundation of 193 stores in 10 states. Mervyns will increase its investment in existing store operations, information technolog
Copeland Sports Returns to Walnut Creek Market
Copelands' Enterprises, Inc. announced the Grand Opening of its newest Copeland Sports store in Walnut Creek, California, marking the company's long-awaited return to the area. The ribbon-cutting for the new store will occur on Thursday, Septem
ISS Issues Reccomendation for Saucony Sale
Saucony, Inc. announced Wednesday that Institutional Shareholder Services, Inc. has recommended that Saucony shareholders vote FOR the proposed acquisition of Saucony by The Stride Rite Corporation at Saucony's special meeting of stockholders on Frid
Symphony Publishing Acquires Footwear Plus Parent
Symphony Publishing, LLC, acquired the assets of Earnshaw Publications, publishers of Earnshaw’s Infants, Girls and Boys Wear Review, Footwear Plus and Small World as well as their associated websites. Terms of the transaction were not announced…
