Tag Heuer Latest to Drop Tiger Woods
TAG Heuer ended its endorsement agreement with Tiger Woods when it expired last month. The deal is believed to be in the neighborhood of $10 million per year. The company initially signed Woods to the endorsement contract n 2002…
Mizuno Corp. Sees Fiscal Q1 Gains on Softgoods Strength
Mizuno Corp. reported that total fiscal first quarter sales rose 0.9 percent to �41.5 billion ($509 mm) from �41.2 billion ($447 mm) in the year-ago quarter. Operating profit was �3.2 billion for the three-month period ended June 30, up 6.2 percent
Gaiam Q2 Sales Decline on Reduced Ad Spend, Lower Retail Inventories
Gaiam Inc. net revenue for the second quarter declined 10.1 percent to $50.7 million from $56.4 million recorded in the same quarter last year. The decrease in net revenue was primarily attributable to a sales decline resulting from the company's pre
Christy Sports Puts Clearance Events Online
Christy Sports is putting its annual Powder Daze Ski and Snowboard Sales Event in Denver online this year for customers who want to shop the once a year clearance events remotely…
Fox Racing Shox, Profits Rise 52.7 Percent in Q2
Compass Diversified Holdings disclosed that profits at its Fox Racing Shox unit soared 52.7 percent in the second quarter ended June 30 on a 32.5 percent increase in sales to $45.9 million. The company also released earnings for its recently acquired Libe
Non-Profit Sues Eddie Bauer Over Trademark Issues
First Descents, Inc., a Colorado-based nonprofit, that works with cancer stricken youth, commenced trademark infringement litigation in the US District Court, District of Colorado today against Eddie Bauer Licensing Services LLC and Eddie Bauer LLC. Eddie
Dorel Industries Q2 Cycling Revenues Up 15.9 Percent
Dorel Industries Inc. reported that sales at its Leisure/Recreational Segment rose 15.9 percent to $249.1 million for the second quarter ended June 30. The growth was driven by strong sales in the Cycling Sport's Group, the segment's independent
Sitka Moves to Move Headquarters to Bozeman, MT
Sitka announced Friday they will be moving their headquarters from Napa, CA, to Bozeman, MT, and will be operating out of the new location by April 2012…
Sports Authority to Open Six Stores Nationwide in August
Sports Authority will open six new stores in five states nationwide on August 13th, focusing on the major markets of Miami, Los Angeles, Salt Lake City, Chicago and Milwaukee.
Adams Golf Sees Q2 Profits Shrink Despite Sales Gains
Adams Golf reported net sales of $34.1 million for the second quarter, compared to $31.6 million for the year-ago period, an increase of 8 percent year-over-year. The company posted a net profit of $2.9 million, or 36 cents per fully diluted share, for th
Jarden Corp. Announces $500 Million Stock Repurchase Program
The Jarden Corporation Board of Directors has approved a new stock repurchase program for up to $500 million of its common stock. The company also stated that during the current quarter it completed the $150 million repurchase program first authorized in
Skechers Inks Licensing Deal for Branded Youth Electronics
Skechers USA, Inc. has signed a licensing agreement with Sakar International to produce youth electronics and accessories featuring Skechers branding and Skechers Kids’ animated characters…
Descente Swings to Small Fiscal Q1 Profit
Descente reported sales for the fiscal first quarter ended June 30 increased 11.3 percent to ¥16.47 billion ($202 mm) from ¥14.76 billion ($161 mm) in the year-ago period. Gross margins slipped 40 basis points to 47.6 percent of sales for the quarter, co
Broder Bros. Q2 Net Income Triples
Broder Bros., Co. reported that second quarter 2011 net sales were $227.1 million compared to $211.6 million for the second quarter 2010. Net income for the second quarter 2011 was $16.0 million, or $1.54 per diluted share, compared to $5.0 million, or 5
Asia Bike Makes ”Good Start” in Debut
''A good start to a high standard'' is how Ludwig Meier, member of the management of Messe Friedrichshafen, summed up the first ''asia bike,'' which made its premier in China from July 27th to 30th, 2011…
