SGB Update Outdoor
Yue Yuen Sales Rise 15.5%; Net Profit Climbs 6.6%
Yue Yuen Industrial Holdings Limited turnover and net profit for the third quarter of fiscal year 2004
rose 15.5% year on year to $768.0 million and 6.6% to $93.2 million respectively.The Group’s turnover growth gathered momentum in the third quarter main
Urban Climber and Big City Mountaineers Join Forces
Urban Climber Magazine and Big City Mountaineers have inked partnership deal to inspire urban youth to climb. The partnership will initially focus on promoting the mission of Big City Mountaineers in the Magazine, and copies of Urban Climber Magazine will
Nautilus and G.I. Joes Ink Marketing Agreement
G.I. Joes will partner with The Nautilus Group to develop its fitness equipment department at each of G.I. Joes' 22 retail locations. The first-ever product marketing agreement between the two companies initially includes placing five SKUs of strengt
Kryptonite Announces Lock Exchange Program
Kryptonite is offering free product exchanges to all consumers who are concerned about the security of their current Kryptonite tubular cylinder locks. At no charge to them, consumers will be able to exchange their current Kryptonite tubular cylinder loc
NRF Sees Moderate Growth for Holiday Period
After strong growth in the first half of the year and more subdued growth in the third quarter, retailers are anticipating the arrival of the all-important holiday season, which accounts for 22.83% of annual retail sales. According to the National Retail
K2 Licensing and Promotions Launches New Business Division
K2 Licensing & Promotions, a wholly-owned subsidiary of K2 Inc., has launched a new business division that will develop licensing and corporate partnerships for K2's portfolio of more than 30 leading sports brands, including K2, Rawlings, Volkl, Marm
Nike Appoints Starbuck’s CEO to Board
Following its annual meeting of shareholders on September 20, Nike appointed Starbucks president and CEO Orin C. Smith to its board of directors. Nike's board of directors now numbers 10. At its annual meeting of shareholders Mr. Knight also recogniz
Pacific Sunwear Elects New Board Director
Pacific Sunwear of California, Inc. has elected Michael Goldstein to its Board of Directors. Mr. Goldstein is currently Chairman of the Toys “R” Us Children's Fund, Inc., a charitable foundation. He also serves as a director for several retail compa
Race Face Hires Base Camp Communications
Race Face Performance Products has added Base Camp Communications, the Jackson, Wyoming-based public relations and brand communications firm, to their marketing team. Base Camp Communications will work with Race Face to develop and execute publicity progr
Jarden Acquires Camping Market Share Leader
Jarden Corporation, the company behind several consumer brands such as Bicycle playing cards and FoodSaver vacuum food storage devices, has acquired all of the assets and assumed all debt of Coleman’s parent company, American Household. The $745.6 million
SMS Clothing Attracts New Investors and Hires Marketing Mgr.
SMS Clothing has appointed a new sales manager and attracted new investors to “take their technical outerwear line to the next level.” Peter Godber recently joined the SMS team as North American Sales Manager…
DC Shoes Adds Muscle to DC Films Unit
In a move to expand DC’s video production department, DC Shoes, Inc. has added Kirk Dianda as Producer/Director of DC Films. In his new role, Kirk will be responsible for directing, producing, filming and editing a variety of DC video projects under Greg
SGMA: H1 Athletic Footwear Spending Rises 5%
SGMA International is reporting that consumer spending for athletic footwear during the first six months of 2004 rose 5% over spending during the same period in 2003, according to research by The NPD Group. Spending during the first half was $7.73 billio
Nike Beats Fiscal Q1 Street Estimates; U.S. Futures Up 11%
NIKE, Inc. reported that revenues for the fiscal first quarter ended August 31 increased 18% to $3.6 billion, versus $3.0 billion for the same period last year. Net income totaled $326.8 million, or $1.21 per diluted share, compared to $261.2 million, or
Fu Sheng Acquires Certain Coastcast Assets
FS-Precision Tech Co LLC, a subsidiary of Fu Sheng Industrial Co, Ltd., has acquired the non-golf business and certain assets of Coastcast Corporation. The all cash transaction included the Rancho Dominguez facilities and assets. Coastcast has retained it
