SGB Update Outdoor
PUMA Doubles 2003 Net Income on 40% Sales Increase
PUMA AG Rudolf Dassler Sport reported preliminary results for FY 2003 indicating that consolidated sales increased 40.0% to €1.27 bn ($1.44 bn) from €910 million ($861 mm), or up 48% in currency-neutral terms. Consolidated net
earnings rose from €85 milli
Gildan Calls for Independent Audit of Honduran Operation
Gildan Activewear Inc. has requested the Fair Labor Association, in which Gildan is a Participating Company, to conduct an independent audit at one of its Honduran sewing facilities. The audit is related to a complaint filed with the FLA, alleging that Gi
Delta Sees Fiscal Q2 Loss Despite 52% Increase in Sales
Delta Apparel, Inc. announced a 52.1% increase in sales to $45.6 million for the company's second fiscal quarter ended December 27, 2003. The $15.6 million sales increase over the prior year quarter was the result of the acquisition of M. J. Soffe C
Russell Athletic Renews BCS Agreement for Two More Years
Russell Athletic, a division of Russell Corporation, has reached an agreement in principal to renew its Bowl Championship Series sponsorship with ESPN and ABC Sports for the next two seasons, which goes through the championship game in January 2006. Fina
Rossignol Receives Doc DesRoches Award
Sports Industries America and the U.S. Ski Team recognized Rossignol as the recipient of the first annual Doc DesRoches Award at the annual meeting conducted during the 2004 SIA SnowSports Show. The new award will recognize an SIA member and U.S. Ski Team
Black Diamond Switches to Wind Power
Black Diamond Equipment Ltd. announced a new energy
initiative with Utah Clean Energy Alliance making Black Diamond one of the
first major manufacturers in Utah to be powered by wind…
Johnson Outdoors Swings to Fiscal Q1 Profit on 15% Sales Increase
Johnson Outdoors Inc. said that increased net sales and improved operating profits were driven by the continued strength of its Motors business and military tent sales. JOUT saw net income 0f $160 million, or 2 cents per diluted share for the fiscal Q1 e
Deckers Inks Ugg Handbags License Deal
Deckers Outdoor Corporation has entered into a license agreement for handbags and small leather goods bearing the Ugg brand in the United States. Under the terms of the agreement, Jacobs & Leslie Hsu Designs, a designer and distributor of high-end handbag
Nautilus Recalls Bowflex Machines Due to Safety Issues
In cooperation with the U.S. Consumer Product Safety Commission, Nautilus Direct (doing business as Bowflex), of Vancouver, Wash., is voluntarily recalling about 420,000 Bowflex fitness machines to address two safety issues…
Amer Group Reorganizes Management Team
Amer Group Plc is reorganising its management structure. As of 28 January 2004, the Group's Executive Team will consist of Mr Roger Talermo, President & CEO; Mr Pekka Paalanne, Senior Vice President & CFO; Mr Max Alfthan, Senior Vice President, Corpo
Ski Area Shops are More Profitable…
The National Ski & Snowboard Retailers Association reported a dramatic increase in area ski shops gross margins, which led to the most profitable season in years.
At the same time, non-area ski shops are experiencing the opposite – declining gross margin
Pacific Trail Looks to Japanese Market…
Pacific Trail is moving overseas, and signing a new Japanese licensing agreement with Ingram Co., Ltd. The agreement gives Ingram the rights to manage and oversee the design, development and marketing of Pacific Trail outerwear and apparel…
The Industry Wins One on the Hill…
The Carol M. White Physical Education for Progress program passed through Congress with a 15% increase in funding as part of an omnibus spending bill. For this year, $69 million has been allocated to the program, which provides grants to public schools,
Two in a Row for Precor…
The Precor division of the Amer group has finalized a deal which will bring ClubCom, a provider of private television networks to clubs and fitness facilities, into the Precor corporate structure. ClubCom operates in two separate divisions – ClubCom, and
Vans Named in Class Action Lawsuit
A class action lawsuit has been filed against Vans, Inc. in the United States District Court in California on behalf of the City of Dearborn Heights Act 345 Police & Fire Retirement System and purchasers of VANS common stock during the period between Marc
