Puma AG Rides Higher Margins to 51% Profit Gain in Q4
Puma AG reported that consolidated net sales for the 2004 fourth quarter increased 23.8% on a currency-adjusted basis. In Euro terms, sales were up by 19.9% to €273 million ($354.1 mm). The gross profit margin improved 440 basis points to 51.9%, helping p
Huffy Sees the Other Legal Shoe Drop Over Gen-X Issues…
The class action bandwagon against Huffy Corp. is getting full after an initial class action suit was filed last wee alleging that Don Graber, Timothy Howard, Robert Lafferty and Paul D'Aloia, all current or former Huffy officers and directors, fail
Hickory and Tweed named ‘National Ski Shop of the Year’
SKI Magazine senior editor Joe Cutts announced that Hickory & Tweed of Armonk, NY, was named National Ski Shop of the Year by SKI magazine. The honor was bestowed at an SIA awards party presented by the makers of eVENT® Fabrics celebrating the sixth annua
Gander Sees Class Action Suits Filed Over ‘Materially False’ Information…
Several law firms that specialize in class action suits have piled onto the initial shareholder class action lawsuit against Gander Mountain, claiming certain officers and directors within the company had prior knowledge about factors that devalued GMTN s
Atomic Wins Doc DesRoches Award
Atomic Ski USA was given the Doc DesRoches Award by SnowSports Industries America (SIA) and the U.S. Ski Team. The annual award recognizes an SIA member and U.S. Ski Team official supplier for its integration of Team athletes into its marketing campaign.
China Partners with Six Golf Vendors in Counterfeit Raids…
Six U.S. golf manufacturers, including Acushnet, Callaway, Cleveland, Ping, Nike, and TaylorMade-adidas, struck a blow against counterfeiters in the Southern Chinese cities of Dongguan, Changan, and Guangzhou…
Mongoose and Dick’s Sporting Goods Ink Deal to Prevent Obesity
Mongoose and Dick’s Sporting Goods have joined forces in an effort effort to change children’s attitudes and eating habits. The Good Food for Great Kids Program has begun in all 54 Buffalo, NY public elementary schools. The program will reach 31,000 chil
Greg Norman Posts Double-Digit Core Golf Sales Growth…
Greg Norman Collection announced Core Golf sales increases of 19% with operating profits up over last year as well. Additionally, Q4 Core Golf sales jumped 22%, marking the 8th consecutive quarter of double-digit sales growth in the Green Grass segment. C
DuPont Sonora Wins Several Sustainability Awards
DuPont's newest polymer innovation, the first DuPont polymer derived from a biological source, has been recognized by the China State Intellectual Property Office and China Central Television as “Most Visionary Innovation” at a recent award ceremony.
Nautilus Moves in Right Direction in Q4…
Nautilus finished off its “turnaround” year with a 51.1% jump in Q4 earnings, from $9.4 million, or 28 cents per share in 2003 to $14.2 million, or 42 cents per diluted share in the most recent quarter. These earnings were driven by an 11.0% increase in f
Yoga Journal Releases Yoga Market Research
Yoga Journal has just released its second annual “Yoga
in America” survey, a comprehensive study of the yoga market. According to the study, Americans spend $2.95 billion a year on yoga classes and products, including equipment, clothing, vacations and me
Gildan Beats Q1 Guidance; Moves Yarn Facility to NC…
Gildan Activewear is closing its Long Sault, Ontario and Montreal, Quebec yarn-spinning facilities. The majority of the equipment will be transferred to a new leased yarn-spinning facility in Clarkton, North Carolina, which will be operated by the company
Brunswick Restructures Several Management Positions
Brunswick Corporation announced several executive management moves and promotions from within its ranks. Peter B. Hamilton, Brunswick vice chairman and president – Bowling & Billiards, will be president of Brunswick's Life Fitness Division. Kevin S.
ASG Off the Block; Turner May Re-Focus on Building Brands…
The deal to sell American Sporting Goods was evidently in the eleventh hour when the company called pulled off the auction block. The official line was that Jerry Turner made the decision to pull ASG off the table, but there is also some speculation that
Orange 21 Appoints VP and General Counsel
Orange 21, Parent company to Spy Optics, announced that Tracy Meier has joined the company as Vice President and General Counsel. Ms. Meier most recently served as the chief legal counsel at Biolase Technology, Inc…
