SGB Update Outdoor
Kryptonite Parent Company Takes $10 Million Hit from Lock Snafu…
Ingersol Rand, parent company to Kryptonite Locks, took a $10 million write down in conjunction with the BIC pen issue reported last month in BOSS_0438. Operating margins for the company’s Safety & Security segment declined from 21.2% of sales in Q3 2003
OR Launches ‘Green Steps’
Based on numerous discussions at Summer Market and recent industry interest, Outdoor Retailer will showcase and highlight companies that are taking active steps towards a healthy and greener outdoor industry. Making its debut at the 2005 Winter Market Gre
Rocky Q3 Fueled by Retailer Expansion…
Rocky Shoes & Boots is riding a two-tiered wave made up of increased military sales and aggressive expansion strategies among several key retail customers. RCKY third quarter sales increased 21.0% to $50.1 million in sales, with roughly 10%, or $5.1 mill
Huffy Corp. Files Chapter 11; Fights to Stay Alive…
Huffy and all of its subsidiaries have filed for voluntary protection under Chapter 11 of the U.S. Bankruptcy code citing liquidity issues, significant operating losses associated with portions of its former Canadian operations, increasing public company
Oakley Sees Soft Q3; Backlog Up 49% on ‘Thump’ Sales…
Oakley is counting on the success of its new ‘Thump’ sunglass/MP3 player and increased military sales to meet full-year 2004 guidance after posting a small 2.2% sales gain in the third quarter that was primarily fueled by its owned-retail business. Sungl
Judge Allows Suit Against Cabela’s…
A state District Court judge in Texas last week ruled that a taxpayers group may proceed with a lawsuit challenging Fort Worth's tax incentive package for Cabela’s, Inc. The Fort Worth Citizens for Responsible Government filed suit in September, cha
Billabong Ups Fiscal 2005 Outlook; Snags SoCal Retail Chain…
Billabong International has raised its profit guidance for the fiscal year ended June 30, 2005. The company now expects profit growth to reach 30% for the current year, up 50% from its initial estimate of 20% growth, saying it was “unduly conservative”.
VF Outdoor Coalition Finds Balance in Q3 Growth…
If you pulled a Rip Van Winkle and went to sleep ten years ago and awoke just this last week, you would probably think that you had done so in some sort of bizarre world where VF Corporation, which relied on selling jeans to the value market and intimate
Unifi Cuts Fiscal Q1 Net Loss in Half
Unifi reported a net loss from continuing operations of $1.3 million or $0.02 per share for the quarter ending September 26, 2004 compared to a net loss of $2.6 million or $0.05 per share for the prior year September quarter.
Net income, including discont
Columbia Signs License Deal for Insulated Products
Columbia Sportswear Company has signed a license agreement with California Innovations, Inc. for the design, manufacture and marketing of a line of insulated products, including coolers, lunch packs, thermal mugs and bottles. Baby and diaper bags, designe
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