SGB Update Outdoor
Reebok Sees 30.5% Increase in Q3 Net Income; THC Helps
Reebok International Ltd. reported net income for the third quarter increased 30.5% to $82 million, or $1.36 per diluted share, compared to net income of $63 million, or 96 cents per diluted share, in the third quarter of 2003. Net sales for the 2004 thi
New Day, Same Story: Margolis Out and Fireman Assumes Reebok Reins
Paul Fireman, chairman and chief executive officer of Reebok International Ltd., announced Thursday that Jay Margolis has resigned as president and chief operating officer of Reebok, and as a director on the Reebok Board. Fireman has committed to the Ree
VF Names Batten VP – Controller
VF Corporation has named Brad Batten as Vice President and Controller. Batten rejoins VF after serving at Sara Lee Corporation, a diversified consumer products company with worldwide revenues of $18 billion. While at Sara Lee Batten served as Vice Preside
Outdoor Coalition Accounts for 69% of VF Corp. Q3 Sales Gain
VF Corp. reported that third quarter sales rose 25% to $1,792.6 million from $1,435.4 million in the year-ago quarter. Net income increased 24% to $155.4 million from $125.3 million, with diluted earnings per share rising 21% to $1.38 from $1.14. Combine
Backcountry.com is 92nd Fastest Growing Private Company in U.S.
Backcountry.com has been named to Inc. Magazine's ranking of the fastest growing privately held companies in America. The Utah-based e-commerce business ranked number 92 on this year’s Inc. 500 list. The Inc. 500 list is “a prescient indicator of th
ProTech Inks Distribution Partnership with A16
ExtremeCare, Manufacturer of ProTech, is steadily growing with a new distribution partnership with Adventure 16 and the launch of a grassroots retailer support program. ProTech also recently added distribution with PacelineProducts in the bicycle market a
Oakley Expands Thump Distribution
Oakley has expanded its international distribution of Oakley Thump, the company's innovative integrated digital audio eyewear, to include Virgin Megastores in the United Kingdom, El Corte Ingles stores in Spain, Intertan stores in Canada and Sanborns
Finish Line Announces Stock Split and Cash Dividend
The Finish Line, Inc. Board of Directors has declared a two- for-one split of the Company's Class A and Class B common stock. On November 17, 2004, stockholders will receive one additional share of common stock for each share of common stock they own
Marika Group Appoints Marks Vice President
The Marika Group has appointed Shelley Marks as Vice President. Previously, Marks spent more than 5 years at Jacques Moret as President of Etonic Apparel and President of Jockey Activewear, where both companies were licenses. Prior to Moret, Marks was Sa
Congress Declares ‘National Take a Kid Mountain Biking Day’
According to the IMBA, in an effort to get kids more active and help fight childhood obesity, the U.S. House of Representatives has passed a resolution officially declaring “National Take a Kid Mountain Biking Day.” The legislation is in memory of Jack Do
Sportsman’s Guide Expects Record Q3 Sales and Earnings Growth
The Sportsman's Guide's consolidated net earnings per share for the third quarter of 2004 are expected to be in the range of $0.19 to $0.20, on sales of approximately $56 million. Last year the Company reported net earnings per share of $0.13, o
Unifi Downsizes Recently Acquired Invista Facility
Unifi will be shutting two production lines and downsizing its recently acquired Kinston, North Carolina facility. The Company operates four production lines at the facility currently. The Company expects to close a line in December 2004 and the second li
Cybex Swings Back to Profitability in Q3
Cybex net sales for the third quarter were $24.9 million versus $21.8 million for the comparable 2003 period, an increase of 14%. Net income for the quarter ended September 25, 2004 was $410,000 or 3 cents per share on a fully diluted basis, compared to a
Lowa Realigns Sales Territories in West
Peter Sachs, general manager of LOWA Boots in the U.S., has appointed Dan Hill as company representative in Southern California, Southern Nevada, and Arizona. Dan has been with LOWA for the past six years covering Northern California and Northern Nevada a
Jim Hill Receives Leo Harris Award from University of Oregon
Jim Hill, SportHill's founder and president, was presented with the Leo Harris Award on Saturday, October 16, 2004. The presentation occurred during half time at the University of Oregon Homecoming game at Eugene's Autzen Stadium…