Oakley’s Fourth Quarter Income Triples on Stronger Military and ‘Thump’ Sales…
In spite of initial reports coming out of Circuit City that Oakley’s ‘Thump’ sunglass/MP-3 player was seeing slow sell through, Oakley managed to pull off a very impressive fourth quarter. Oakley Q4 net sales increased 24.5% to $153.0 million, compared wi
Running Specialty Sales Rep, Chicago — Reebok
Reebok International Ltd. is seeking a Running Specialty Sales Rep for the Chicago territory. The Running Specialty Sales Rep activates grassroots marketing to connect with and drive consumers to retailers at a local level. As key points of contact
The Timberland Company Looks to International for 2005 Growth; Boots a Drag…
The Timberland Company pointed to double-digit constant dollar gains in Europe and Asia, coupled with balanced growth in its Domestic business and stronger global Footwear sales, as the primary drivers for a 7.2% constant dollar increase in fourth quarter
Blizzard Acquired by IQ-Sport..
On the opening day of ISPO, Blizzard announced that IQ-Sport GmbH will acquire 100% of BLIZZARD from the brand’s parent company, Raiffeisenverband Salzburg (RVS). Financial terms of the deal were not disclosed. The acquisition is expected to close on Apr
Puma Sees Apparel and the Americas Drive Gains…
Puma AG reported that consolidated net sales for the 2004 fourth quarter increased 23.8% on a currency-adjusted basis, or up 19.9% in Euro terms to €273 million ($354.1 mm). Footwear sales increased 29.1% on a currency-neutral basis to €175.9 million ($22
Outdoor Coalition Grabs Bigger Share of VF Corp. Business in Q4; Vans a Key Focus…
The VF Outdoor Coalition, which includes The North Face, Vans, JanSport, Eastpak, Napapijri, and Kipling, revenues for the fourth quarter jumped 86.8% to $276.5 million from $148.0 million in the year-ago period. Excluding roughly $100 million in revenue
Sims Inks Deal with World’s Largest Trading Company…
Tom Sims has inked a new licensing agreement with Itochu International, the North American subsidiary of ITOCHU Corporation, one of Japan's leading companies. Itochu now has the exclusive worldwide distribution rights of Sims Snowboards, including al
Former Execs Plead Guilty in China Kickback Scheme…
Scott Brabson, a former Vans executive, and Jay Rosendahl, a former Columbia Sportswear executive who was consulting for Vans, pleaded guilty last week to four federal charges, admitting they obtained $4.7 million in bribes and kickbacks from Chinese fact
December SnowSports Sales Slow at Specialty; Chain Stores Still Has Gains…
Warm December weather slowed foot traffic in many New England Specialty SnowSports retailers causing nationwide SnowSports Specialty retail sales to slump 5% in units and 2% in dollars during the month. For the same month, SnowSports Chain retailers saw s
Federal Budget Proposal Leaves No Room for Recreation…
Two weeks ago in a letter to President Bush, 78 executives from OIA member-companies asked for full funding of the Land and Water Conservation Fund and the Urban Parks and Recreation Restoration Program. Both programs are designed to help states, cities
Reebok Launches Biggest Ad Campaign in Ten Years, But Where Have We Heard This Before…
Reebok International looked to excite the market with the ad campaign that is expected to further energize the company’s Rbk brand and strengthen its position with the coveted 12 to 24 year-old consumer base that is responsible for the vast majority of sn
Louisiana Court Rejects Bass Pro TIF…
The Louisiana State Supreme Court has ruled that Livingston Parish’s TIF bill, designed to lure Bass Pro into opening a store in the town, was unconstitutional because it used dedicated tax dollars in its funding. The court did not rule on the constitutio
December SnowSports Sales Slow at Specialty; Chain Stores Still Has Gains…
Warm December weather slowed foot traffic in many New England Specialty SnowSports retailers causing nationwide SnowSports Specialty retail sales to slump 5% in units and 2% in dollars during the month. For the same month, SnowSports Chain retailers saw s
Sara Lee Spinning Off U.S. Branded Apparel Unit…
Wall Street appears to be reacting favorably to the announcement Thursday that Sara Lee Corporation will spin off its branded apparel division and other units. Combined, businesses represent about 40% ($8.2 billion) of the company’s revenues, and focus on
Head Sees Europe and Winter Sports Take Bigger Slice of Pie in Q4, Full Year 2004…
Head N.V. needed a weaker dollar to help post any significant increase in sales revenues for the year, a benefit that the Austria-based company will soon cease to realize as it moves to de-list its shares on the NYSE. Fourth quarter net income fell nearl
