Billabong Sees FY Earnings Crippled by U.S
Billabong International Ltd. saw top line growth for the fiscal year ended June 30 boosted by acquisitions and a weaker Australian dollar versus the U.S. dollar and euro, but earnings slid on a non-cash impairment charge in retail assets. That charge of
Globe International Top Line Declines on Weakness in All Regions
Globe International reported that cost reduction and restructuring initiatives undertaken over the past twelve months led to improved results for the second half of the fiscal year, but overall year-end results were still below year-ago results due to wea
RCG Corp. Sees Robust Growth at TAF; Adds Merrell License Down Under
RCG Corp., which franchises 136 The Athlete's Foot stores in Australia and New Zealand, reported net profits before taxes grew 27.5% to A$7.61 million ($6 mm) in its fiscal year ended June 30, compared to A$5.97 million ($5 mm) a year ago. Thanks to
FTC Charges Brands for Falsely Marketing ‘Bamboo’ Products
The United States Federal Trade Commission (FTC) took action earlier this month against four brands that sell “bamboo” apparel and fabrics by issuing false-advertising actions and fines…
Sigg Spends A Million Bucks to Go BPA Free
Sigg CEO Steve Wasik recently wrote an open letter to all Sigg customers revealing that BPA was used in the epoxy-based lining of the company’s water bottles produced before August of 2008, when the company launched its new “EcoCare” lin
Cash for Clunkers Reaches Cycle Shops
At least three cycle shops have come up with their own version of the Cash for Clunkers car rebate program. Joe Bike in Southern Portland, Lakeshore Bike in Marquette, Mich., and the Ski & Bike Shop in Grand Forks, North Dakota all have been offering bike
Clarks Launches Search for New CEO
C&J Clark, the U.K. shoe giant, has announced that Peter Bolliger will retire next year as chief executive after eight years at the helm. Bolliger, who joined Clarks in 1994 and has been chief executive since 2002, has told the board he wants to retire ne
LL Bean Hires Designer to Create Signature Line
L.L. Bean plans to launch a hipper, more stylish collection under the name L.L. Bean Signature. The line, for men and women, is being designed by Alex Carleton, the founder of Portland-based Rogues Gallery, a popular line of urban clothing…
EMS Launches Commuter Rewards Program
Eastern Mountain Sports is launching a new program that will reward its customers for reducing carbon emissions by carpooling, vanpooling, walking, biking, telecommuting and taking public transportation. To facilitate the program, EMS partnered with NuRid
FTC Charges Clothing Companies For Falsely Marketing ‘Bamboo’ Products
The United States Federal Trade Commission (FTC) took action earlier this month against four brands that sell “bamboo” apparel and fabrics by issuing false-advertising actions and fines…
Olivet Resigns as CEO of Oakley
Scott Olivet has stepped down as CEO of Oakley, according to the Orange County Business Journal. Colin Baden, president of Oakley since 1999, has taken over as CEO…
Exotic Wildlife Association Fights to Save Targeted Species
The Exotic Wildlife Association has filed an appeal against a recent federal judge’s ruling which overturned a special rule put in place by the U.S. Fish & Wildlife Department that allowed three antelope species to be born, raised and freely traded
U.S. Army Awards General Dynamics $100 Million to Produce M2 Flex Machine Guns
The U.S. Army TACOM-Rock Island, Ill., has awarded General Dynamics Armament and Technical Products a four-year indefinite delivery, indefinite quantity (IDIQ) contract for the production of M2 flex machine guns…
Michael Janich Joins Spyderco
Michael Janich, noted author, personal-defense instructor, and co-host of The Best Defense television series, has joined Spyderco, Inc. of Golden, CO, as their Special Projects Coordinator…
MedjetAssist Taps Hunter Outdoor Communications as PR Firm
MedjetAssist, an emergency medical evacuation and repatriation membership program, has chosen Hunter Outdoor Communications to be its public relations agency of record for the outdoor, hunting and fishing markets. HOC, a public relations agency specializi
