Dorel Sees Q4 Boost From Pacific Cycle and Schwinn’s Sting Ray
Dorel revenues for the fourth quarter rose to $462 million, up 42.7% from $323.7 million a year ago. Net income for the fourth quarter jumped 69.6% to $34.7 million from $20.5 million. Income per share for the final quarter was $1.05 fully diluted, compar
Kona Expands Bike Park Program
Kona Bicycle Company has expanded their 2005 “Groove Approved” bike park program to include 9 of the world’s leading mountain bike park resort destinations. Kona provides these parks with access to a fleet of downhill bikes for riders, several 'Stab
REI 2004 Sales Jump 10.2%; Comps are Up 5.3%
REI’s fiscal 2004 sales increased 10.2%, from $805 million to $887 million for 2004. REI's 2004 operating income increased from $56 million to $72 million, with $25.3 million in net income. This rose from 2003’s net income of $19.1 million. Comp stor
REI to Open Another North Carolina Location
REI plans to open a store in Raleigh, N.C., in November 2005 at North Hills. The 25,500 square-foot, two-story store located at North Hills in North Raleigh will employ about 55 full- and part-time staff. It is being leased from Kane Realty Corporation. N
Oakley Threatens Litigation; Orange 21 Sees No Merit
Orange 21 has received a cease-and-desist letter from Oakley with respect to patent and trademark issues involving three of its product styles. These three product styles accounted, in the aggregate, for less than 4% of Orange 21's sales for the 2004
Lotto Terminates Chinese Licensing Agreements and Launches New Subsidiary
Lotto Sport Italia will participate in the first Ispo China fair to be held from 14 to 17 March 2005 in Shanghai. The presence of Lotto at the fair is part of a larger and multi-faceted strategy aimed at re-launching the brand in China.The licensing agree
New Era Promote Adams to VP of U.S. Sales
New Era Cap announced that Bill Adams, its National Sales Manager, has been promoted to the newly developed position of Vice President of U.S. Sales and has been appointed to New Era’s Executive Team. As Vice President of U.S. Sales, Mr. Adams directly re
Specialty SnowSports Shops Bounce Back in January; Sales Increase 2.6%
Overall sales for the entire winter sport market, including specialty and chain stores, were up 2.8% in dollars to $1.76 billion for the August 2004 through January 2005 period, compared to $1.71 billion reported for the same period last year, according t
Chain Stores SnowSports Sales Increase 3.6% for the Season
Overall sales for the entire SnowSports market, including specialty and chain stores, were up 2.8% in dollars to $1.76 billion for the August 2004 through January 2005 period, compared to $1.71 billion reported for the same period last year, according to
Reebok Signs Deal with Canadian Hockey Phenom
Reebok International has signed a multi-year agreement with Sidney Crosby, the consensus top pick in the next National Hockey League draft, and widely anticipated to be the best player to enter the professional ranks in twenty years. Already immensely pop
DSW Hit by Theft of Customer Credit Card Info
Retail Ventures, Inc. learned late last week of the theft of credit card and other purchase information from a portion of DSW Shoe Warehouse (DSW) customers who shopped at 103 DSW stores primarily during the last three months. DSW is a subsidiary of RVI..
Phoenix Footwear Posts Q4 Loss as GM Shrinks
Phoenix Footwear Group, Inc. reported that net sales for the fourth quarter increased 83% totaling $20.7 million compared to $11.3 million for the fourth quarter of 2003.
PXG reported a net loss of $624,000 or 8 cents per diluted share compared to net inc
etnies Girl Announces Sponsorship of SG Queen of the Mountain
etnies Girl will be supporting the third annual SG Queen of the Mountain all-female pro/am snowboarding contest at Mountain High Resort on Saturday, March 12, 2005. The company has come together in support of the contest that benefits Boarding for Breast
Director of Franchise Merchandising — The Athlete’s Foot
The Athlete’s Foot is seeking a Director of Franchise Merchandising for its corporate office, located in Kennesaw, Georgia. This position will manage the merchandise planning and procurement process for all new domestic franchise locations. Candid
OR Postpones OutdoorPreview Event…
Shortly before BOSS went to press, Outdoor Retailer announced that the “OutdoorPreview” apparel event, which was scheduled before OR Summer Market in Chicago, has been “postponed until further notice.” In an interview in January (See BOSS_0504), Peter Dev