Gildan Posts Q1 Loss on Pricing Changes, Acquires Comfort Colors
Gildan Activewear reported a loss of $41.2 million, or 34 cents a share, in its first quarter ended Jan. 4 due to previously-announced price reductions in its Printwear segment designed to compete more effectively in the marketplace…
Pony Gains New Life with Iconix
Iconix Brand Group Inc. has acquired the North American rights to the sneaker brand Pony and related intangible assets in partnership with Anthony L&S Athletics, LLC (AL&S) for $37 million in cash from Symphony Holdings, Ltd…
Johnson Outdoor Q1 Loss Rises on Lower Sales, Higher Litigation Costs
Johnson Outdoors Inc. reported that a 10.5 percent drop in sales and patent enforcement costs tripled its loss in the seasonally slow first fiscal quarter ended Jan. 2, 2015…
Intrawest Reports Skier Visits Up 2.2 Percent in Fiscal Q2
Intrawest Resorts Holdings Inc. reported organic skier visits grew 2.2 percent during the fiscal second quarter ended Dec. 31, 2014, when it narrowed its loss by $90.0 million compared to the prior year period.
With Lululemon Market Cap up $4 Billion, Founder Wilson Exits
Lululemon Athletica Inc. Founder Chip Wilson stepped down from Lululemon's board of directors Feb. 2 after taking credit for restoring $4 billion in value by forcing through changes on the board of directors and in management…
FluoroCouncil Releases Guidance for Best Environmental Practices
The FluoroCouncil released guidance for best environmental practices to help mills and finishers minimize waste and environmental releases, without compromising performance attributes critical to outdoor apparel brands…
Johnson Outdoors Says JIT Efforts Hurt Fiscal Q1 Results
Johnson Outdoors Inc. attributed a 10.5 percent drop in sales in the first fiscal quarter ended Jan. 2 to retailers continuing move toward later deliveries and more sophisticated just-in-time inventory management.
Delta Apparel Posts Loss on Pricing Pressures
Delta Apparel, Inc. widened its loss in its fiscal first quarter ended Dec. 27, to $4.2 million, or 53 cent a share, from $1.6 million, or 20 cents, a year ago. Continued price discounting in its undecorated tee business as well as declines at Soffe and J
Americas Help Amer Sports Finish Fiscal 2014 Strong
The Americas, and to a lesser extent the Asia Pacific, saved Amer Sports fiscal fourth quarter. The Finnish sporting goods company reported that sales in the Americas and the China grew 17.8 and 9.8 percent respectively, helping offset a 0.5 percent decl
Under Armour Crosses $3BN Milestone, Doubles Down on Fitness
With a robust fourth-quarter led by double-digit gains in apparel and footwear, Under Armour crossed the $3 billion revenue mark in 2014. The bigger surprise was its acquisitions of Endomondo and MyFitnessPal that position the company as the dominant glob
Mizuno Nine Months Impacted by Golf Struggles
Mizuno Corp. reported net sales totaled ¥133.7 billion ($1.68 bn) in the first nine months ended Dec. 31, up 1.1 percent year-over-year. Strength in lifestyle products, centered largely on running offset “harsh conditions” in golf…mu
Asics Relaunches Asics Tiger as Sport Lifestyle Brand
Asics announced the relaunch of the Asics Tiger brand for the sport lifestyle market. Originally designed as competitive sports shoes during the 1980s and early 90s, the current line of street style shoes will feature fresh, casual designs for everyday we
Phoenix Footwear Reports New Bank Financing
Phoenix Footwear Group, Inc., the parent of Trotters and SoftWalk, entered into a new bank financing agreement with NewStar Business Credit, LLC…
GoPro’s Q4 Revenues and Margins Soar
GoPro, Inc. reported revenue soared 75.4 percent and gross margin 600 basis points in the fourth quarter ended Dec. 31, 2014 after shipping as many cameras as in all of 2012. Operating income grew nearly 2.5 fold, while diluted earnings per share reached
Dakine Hires Akimbo Communications
Dakine has hired Akimbo Communications to oversee media relations…
