Wolverine Q2 Net Income Up 22% on 8.5% Sales Increase
Wolverine World Wide, Inc. reported that second quarter 2005 revenue totaled $215.7 million, an 8.5% increase over second quarter 2004 revenue of $198.8 million. Earnings per share for the second quarter of 2005 were 22 cents compared to the 18 cents repo
TNF Partners with GlobalGiving
GlobalGiving is the emerging marketplace for international aid. It directly connects social entrepreneurs in the developing world with individuals, corporations and institutions that have an interest in funding social, environmental and economic developme
NHL and NHLPA Agree in Principle to CBA
The National Hockey League and the National Hockey League Players' Association have reached an agreement in principle on the terms of a new Collective Bargaining Agreement. Details of the new agreement were not given, pending the formal ratification
VF Outdoor to Open Distribution Center in Visalia, CA
VF Outdoor, Inc. has signed a long-term build-to-suit lease agreement for a new 817,000-square-foot distribution and logistics facility with The Allen Group. The new facility will serve as the Western distribution hub for VF Corp.'s Outdoor Apparel u
Weber Resigns From Nautilus Board
Jim Weber resigned from the Board of Directors of Nautilus, Inc. following completion of the company’s acquisition of PEARL iZUMI USA, Nautilus reported in a filing with the SEC. The resignation was effective July 8, 2005. Mr. Weber is the president and c
Federated’s Shareholders Approve May Merger
Federated Department Stores, Inc.'s shareholders approved the company's proposed merger with The May Department Stores Company. About 81% of shares outstanding, comprising more than 99% of votes cast at Federated's Annual Meeting of Shareho
Ashworth EVP, CFO, CAO, Treasurer to Resign
Mr. Terence W. Tsang notified Ashworth, Inc. that he intends to resign from his position as executive vice president, chief financial officer, chief accounting officer and treasurer, effective July 29, 2005. Mr. Tsang has accepted a position with another
Gildan Raises Q2, Full Year Guidance on Higher ASP, Lower Costs
Gildan Activewear Inc. now expects diluted EPS for the third quarter of the fiscal year ended July 3 to be at least 10% above its most recent guidance of approximately 50 cents per share. GIL also now expects diluted EPS of approximately $1.50 per share f
G-III Acquires Two Outerwear Businesses
G-III Apparel Group, Ltd. announced that it has acquired Marvin Richards and Winlit, two privately-held outerwear businesses. Both transactions are expected to be accretive to G-III's net income per share for this fiscal year and to complement the co
Sport-Haley Looks to Settle SEC Action
Sport-Haley, Inc. is pursuing settlement of claims brought against it and one of its former officers by the United States Securities & Exchange Commission. The SEC attorneys in Denver handling the case will recommend that the settlement proposals be appro
Sales and Merchandising Manager, Girl’s — DAKINE
DAKINE is looking for a person with excellent organizational, communications, and presentation skills. Minimum two years experience in the girls/juniors active sports industry. Good understanding of accessory product lines and the buy/sell cycle.
CGPR Continues as SIA Consumer Outreach PR Firm
SnowSports Industries America announced that CGPR will continue to spearhead public relations efforts for its Winter Feels Good and Winter Trails programs. Located in Marblehead, MA, CGPR is an established public relations firm that specializes in consume
Warrior Lacrosse Acquires Innovative Hockey
Warrior Lacrosse announced today that Innovative Hockey, the industry's leading designer and manufacturer of high
end graphite hockey sticks, shafts and blades has been acquired and will operate as a new division called Warrior Hockey. Warrior Hockey
illumiNITE Hires New Sales and Marketing Director
illumiNITE has named Brian Eppley to the position of Director of Sales & Marketing. Eppley will be responsible for expanding illumiNITE’s growing dealer base and working with its retail partners to help consumers “see” the benefits offered by illumiNITE.
Dorel Sees Slow-Down In Schwinn’s Sting Ray
Although Dorel Industries expects higher pre- tax earnings over 2004, certain issues within the Home Furnishings and Recreational/Leisure segments will impact earnings in the second half of the year. A combination of the filling of initial orders from ret
