SGB Update Outdoor
Greg Norman Collection Posts 20% Sales Increase
Greg Norman Collection announced that its net sales increased 20% in its first quarter ended March 31, 2005. This represents the ninth consecutive quarter of double-digit sales growth for the company. The company also reported improved operating profits f
Schoeller Expands Production and Headquarters
Over recent years, Schoeller’s concern over space restrictions has been consistently growing. In response to this need, expansion began at its weaving mill, as well as the entire dye works and finishing department at the Swiss headquarters. In addition, a
Reebok Posts 5.1% Net Income Gain in First Quarter
Reebok International Ltd. reported that net income for the first quarter ended March 31 increased 5.1% to $43.2 million, or 70 cents per diluted share, compared to net income of $41.1 million, or 63 cents per diluted share, for the first quarter of 2004.
Stearns, Inc Acquires Leading Wader Company
Stearns® Inc., a division of K2 Inc., has acquired Hodgman,® Inc., a company founded in 1838, that K2 says is the market leader in unique and innovative waders and wading accessories. Hodgman products include the Guidelite®, Wadelite®, Lakestream®, Brig
Sportsman’s Guide Raises Guidance on Strong Internet Sales
The Sportsman's Guide net sales and fully diluted EPS will be higher than current average estimates and well above the levels reported one year ago. Net sales for the quarter are now expected to be in range of $63 to $64 million, compared with net sa
Timberland Nominates Four New Directors
Timberland has nominated four new members to the Company's Board of Directors. Kenneth T. Lombard, Edward W. Moneypenny, Peter R. Moore and Terdema L. Ussery, II will stand for election at the Company's Annual Meeting on May 19, 2005. The Board
Nike Sues adidas in U.S. Court over Stripe Fight…
Nike, Inc., fresh off a ten year battle in Spain that gave them rights to their brand name there, has decided to challenge their top global competition’s recent victories over any company using stripes as decoration on apparel. It will be the Swoosh ver
Schutt Sports Gets Capital Infusion for Growth…
Schutt Sports got a shot in the arm last week as private equity firm Gridiron Capital LLC took a majority stake in the team sports company. There are no changes planned for the company and Julie Nimmons will remain at the helm of Schutt…
Zumiez Prices IPO; Shareholders to Get 35% of Proceeds…
Zumiez, the 140-door action sports retailer that is gearing up for an Initial Public Offering, filed an amended S-1 with the SEC on Thursday pricing 1.875 million shares in the $15 to $17 per share range. At that range, the total raised in the IPO would b
Callaway Golf’s Q1 Takes a Bigger Hit in the International Markets…
Callaway Golf Company took its medicine from the Street two weeks ago when it pre-warned that sales and earnings for the first quarter would fall well short of expectations. Callaway delivered its bad news for the quarter in earnest last week, revealing
Product Manager – anon optics
anon optics is seeking a Product Manager to be responsible for managing the conceptualization, development, and manufacturing of the anon optic line. As always, the goal is to deliver the best products in the industry at every price point, on time
Deckers Shows Solid Q1 Performance, But…
Despite hitting its estimates for sales and earnings for Q1, Deckers saw its shares plunge 25% last week after the company started to show some weakness in its core Teva business. Analysts may also be spooked a bit by the reliance placed on the UGG brand
Wolverine Sees More Balanced Results, But Outdoor Still Driving Growth…
Wolverine World Wide, Inc. got fairly balanced performances from each of their divisions in the first quarter ended March 26, with all groups reporting “solid” revenue growth and double-digit earnings gains for the period, but the Outdoor Group, which inc
K2 Takes Q1 Hit on Higher Operating Expenses; In-Line Weakness Hurts Growth…
K2’s diversification seems to be paying off by balancing the seasonality of the different businesses and compensating for any unseasonable weather-related issues that have been plaguing many other manufacturers. Still, the balance didn’t help the bottom l
OIA Follows-Up on Capital Hill…
Outdoor Industry Association’s efforts on Capital Hill last week are producing some tangible results with two separate “dear colleague” letters circulating through the House and Senate urging members of Congress to restore funding to the Stateside Land an
