Pou Sheng Expects FY09 Loss
Pou Sheng International (Holdings) Ltd., the retail arm of footwear maker Yue Yuen Industrial (Holdings) Ltd., said it expects to swing to a net loss in the fiscal year ended Sept. 30. The company attributed the net loss to narrower profit margins on Conv
Deckers Wins Ugg Counterfeit Lawsuit
Deckers Outdoor Corp. has won a copyright infringement lawsuit against a Melbourne, Australia firm over the sale of counterfeit Ugg boots. According to Smart Company in Australia, a court has ordered the company, Hepbourne, to pay Australian $7.5m (U.S. $
Aldila Says Plant Closing to Cost $212,000
Aldila, the designer of golf shafts, said it expects the total estimated cost of closing its Tijuana production facility will be $212,000, according to a filing with the Securities & Exchange Commission…
Rossignol Names IMG Licensing Agent
Rossignol, the snow, ski and mountain brand formerly owned by Quiksilver, announced its partnership with IMG Worldwide for the licensing of its brand in a select number of carefully managed categories…
TAF Parent Swings to Profit in Q3, Revenues Down 11%
NexCen Brands, Inc., the parent of The Athlete's Foot, reported a big swing to positive earnings despite an 11% decline in total revenues in the third quarter ended September 30, 2009. Revenues declined to $10.8 million, compared to $12.2 million in
Jackson Kayak Names VP of Sales
Jackson Kayak recently promoted Marty Cronin to vice president of sales for both the whitewater and recreation/touring divisions. Cronin, who has been with the company since its inception, formerly held the post of vice president of sales and marketing of
Accell Group Expects Higher Turnover and Profit
European bicycle maker Accell Group reiterated that it expects a higher turnover and an increase in net profit of around 10% compared to 2008. Still the company said fitness sales were down, in part because distributors could not obtain financing to buy i
James Curcuruto Joins NSSF as Dir. of Industry Research and Analysis
The National Shooting Sports Foundation (NSSF) has appointed James Curcuruto as director, industry research and analysis. The association saifd Curcuruto brings more than 15 years experience in the research, analysis, sales, marketing and advertising fiel
Longworth Industries Hires Bassett as Director of Marketing
Longworth Industries, manufacturer of Polarmax, XGO and Opedix branded apparel, hired Dean Bassett as Director of Marketing, effective immediately. In his new role, Bassett will assume the responsibilities of leading the company's overall marketing s
TSA Will Sell Wii Game Consoles
The Sports Authority will begin selling Nintendo products, including videogaming consoles and the Wii Fit and Wii Fit Plus games. TSA has been in talks with Nintendo for the past six months and decided to carry the game console “to shift the paradigm and
Aldila Q3 Sales Down, Loss Narrows
Aldila, Inc. said net sales for the third quarter declined 9.3% to $10.7 million from $11.8 million a year ago as sales to the company’s golf segment remained soft due to a shortage of consumer discretionary income. Average selling prices for golf s
BoatU.S. Names Three to Advisory Council
Boat Owners Association of The United States (BoatU.S.) has made three key appointments to its National Advisory Council. They include Lenora Clark, Anne Sacks and Col. Terry West. Clark is vice chair, California Boating and Waterways Commission and Sacks
Descente Posts Strong Profit Increase Fiscal Q2
Descente Ltd. posted a 4.7% decrease in revenues for the fiscal second quarter. Total consolidated worldwide revenues were ¥21.68 billion ($231 mm) for the fiscal quarter ended September 30, compared to ¥22.75 billion ($226 mm) in the year-ago quarter.
Element 21 Fiscal 2009 Sales Up on Fishing Line Launches
Element 21 Golf Company, a manufacturer of advanced Scandium Alloy golf and biofiber fishing equipment, reported revenues of $4.0 million for fiscal 2009, an increase of 218% compared to revenue of $1.8 million for fiscal 2008. The company said the increa
ATF Issues Ruling Regarding Manufacturing Done For Other Manufacturers
The Bureau of Alcohol, Tobacco, Firearms and Explosives has released a new ruling authorizing manufacturer performing a manufacturing process on a firearm for, or on behalf of another manufacturer, not to place their identifying markings on each firearm..
