Amer Sports’ Rights Offering Oversubscribed
According to preliminary calculations, a total of approximately 72.1 million shares were applied to be subscribed for in Amer Sports rights offering. Compared to a total of approximately 48.5 million shares offered, this represents a total subscription le
RECALL: Schwalbe Ultremo R Bicycle Tires
About 5,000 Schwalbe Ultremo R bicycle tires are being recalled by the U.S. Consumer Product Safety Commission. The tire layers could separate causing the inner tube to rupture, posing a fall hazard to consumers. No injuries have been reported…
RECALL: SI Tech Diving Suit Hoses
About 65,000 diving suit hoses made by SI Tech AB, of Brastad, Sweden are being recalled. The hose contains an insert that can dislodge during diving and restrict air flow to the diver, posing a drowning hazard. One death has been reported…
Steve Madden Expects $140 Million in Q3 Sales; Ups FY Guidance
Steve Madden said it expects net sales for the third quarter 2009 to be approximately $140 million. This compares to net sales of $128.1 million for the third quarter of 2008. Diluted EPS for the third quarter of 2009 is expected to be approximately 97 ce
Coach Reports Q1 Earnings of 44 cents; Sales in Line with Prior Year
Coach, Inc. reported sales of $761 million for its first fiscal quarter ended Sept. 26, 2009, compared with $753 million reported in the same period of the prior year, an increase of 1%. Net income for the quarter totaled $141 million, with earnings per d
TJX Ups Q3, FY Outlook; Updates Long-term Growth Plans
The TJX Companies, Inc. raised its outlook for third quarter and full year sales and earnings and provided updated information on its growth model for the next three fiscal years…
Garmin Extends Title Sponsorship of Team Garmin-Slipstream Through 2013
Garmin Ltd. has extended for an additional three years its title sponsorship of Team Garmin-Slipstream, the ProTour cycling team dedicated to ethical sporting and developing the next generation of cycling champions, according to a press release issued by
Keller Joins Bushnell
Bushnell recently announced the addition of Trent Keller to their team of product managers. Trent will be responsible for on-going new product development and updates to the Bushnell binocular line…
Remington Parent to Go Public
As was predicted, Cerberus Capital Management has confirmed via a filing with the SEC that it is filing for an initial public offering for its Freedom Group, Inc. on Wednesday. Cerberus, a private equity firm best known for its ill-fated acquisitions of C
Lafuma Group America Completes Acquisition of Eider and Killy Brands
The Lafuma Group's US subsidiary has successfully completed its acquisition and full integration of two leading French ski brands, Eider and Killy. The company said combination with Eider and Killy strengthens the group's already diverse portfol
Cybex Sales, Earnings Fall in Q3
Cybex International, Inc. said net sales for the third quarter of 2009 were $29.0 million compared to $35.8 million for the corresponding 2008 period. The Company reported net income for the third quarter of 2009 of $0.1 million, or 0 cents per diluted sh
Nordstrom Rack to Open New Store in Pentagon City
Seattle-based Nordstrom, Inc. will open a 33,912-square-foot Nordstrom Rack, a unit of the company's off-price retail division, in the Pentagon City area of Arlington, Va. Scheduled to open in fall 2010 at Pentagon Centre, the new store will be the c
Arctic Cat Announces Financing Agreement with GE
Arctic Cat Inc. has entered into an agreement with GE Capital, Commercial Distribution Finance for it to become the exclusive provider of floorplan financing for Arctic Cat’s U.S. dealers…
Dickies Expands NYC Showroom
Dickies announced it is relocating its New York City showroom. The new space, located at 1400 Broadway provides approximately 4,000 square feet of usable space. The newly renovated space is expected to open in mid-November 2009…
New Balance Introduces Snowboarding Shoe
New Balance has partnered with California snowboarding brand 686 on the 686 Times New Balance's collection of snowboard boots, sneakers, jackets and T-shirts…
