Cybex Swings Back to Profitability in Q3
Cybex net sales for the third quarter were $24.9 million versus $21.8 million for the comparable 2003 period, an increase of 14%. Net income for the quarter ended September 25, 2004 was $410,000 or 3 cents per share on a fully diluted basis, compared to a
Lowa Realigns Sales Territories in West
Peter Sachs, general manager of LOWA Boots in the U.S., has appointed Dan Hill as company representative in Southern California, Southern Nevada, and Arizona. Dan has been with LOWA for the past six years covering Northern California and Northern Nevada a
Jim Hill Receives Leo Harris Award from University of Oregon
Jim Hill, SportHill's founder and president, was presented with the Leo Harris Award on Saturday, October 16, 2004. The presentation occurred during half time at the University of Oregon Homecoming game at Eugene's Autzen Stadium…
WaterMark Relocates Certain Operations to Portland
In a statement made by Jim Clark, CEO of WaterMark, the company announced it will relocate some of its business functions to Portland, Oregon, beginning in early 2005. The company will maintain a portion of its operations in Arcata, and has renewed the l
CenterStone Goes Global with New Stregic Partnership
CenterStone Technologies, Inc., a Denver-based developer of Web software and services for managing sales orders, has announced a strategic partnership with Pulpsport S.A., a European sales order management provider for the sports and fashion industries. T
Solstice Signs Pale Morning Media
Solstice has signed Pale Morning Media to provide product publicity support for their spring 2005 line. Pale Morning Media will design and implement a fall public relations
campaign to publicize Solstice and their growing assortment of warm-weather gear..
Callaway Posts Q3 Loss on 16.4% Sales Drop
Callaway Golf Company reported third quarter net sales fell 16.4% to $128.5 million, resulting in a net loss of $35.9 million, or a net loss of 53 cents per fully diluted share. Included in both the net loss and fully diluted net loss per share were charg
The Athelte’s Foot Closes on Long-Term Credit Facility
The Retail Finance Group of GMAC Commercial Finance announced the closing of a long-term $20 million senior secured credit facility to provide ongoing working capital needs to The Athlete’s Foot Stores, LLC…
Head Inks Multi-Year Agreement with Ferraro
HEAD announced the addition of two-time Grand Slam winner Juan Carlos Ferrero to its player roster during the TMS Tournament in Madrid. The worldwide, multi-year agreement includes HEAD tennis racquets, bags and accessories and Penn tennis balls. As a p
Fox River Taps Extreme Skier for Women’s Effort
Fox River Mills is partnering with champion extreme skier Alison Gannett to promote and refine Fox River’s women’s sock line. Specifically, Gannett will lead the technical design team on Fox River’s winter sport socks for women, as well as provide design
TaylorMade-adidas Golf Cites Innovation as Key Driver for Continued Growth…
TaylorMade-adidas Golf may owe a fair portion of their recent success to the missteps of neighbor Callaway Golf Company, but the golf division of adidas-Salomon can point to real advances in technology and innovation in both its hardgoods and softgoods bu
Talk of Nike’s Burton and Patagonia Acquisition Deals Looks Iffy…
A Reuters news story last week that had the industry buzzing about potential Nike acquisitions appears to have been constructed using unrelated comments and quotes from a number of sources and failed to follow up on assertions made by other sources. The
Luen Thai Expansion in High Gear…
According to local Beijing newspapers, Luen Thai, one of Asia’s largest apparel manufacturers, saw net income drop 4% for the first six months of the 2004 to $13.1 million. The company is currently working on constructing a new 300,000 square foot factory
Sport Haley Files Delayed 10-K Report; Hogan Offsets Declines in Haley Brand…
Sport-Haley, Inc. finally got its financial statements pulled together for the fourth quarter and fiscal year ended June 30, pointing to a continued increase in its Ben Hogan apparel business in the premium price market as the primary driver for the compa
ICON GM Hurt by Rising Steel Prices…
ICON Health & Fitness saw both categories of its business take a dive in its fiscal first quarter ended August 28, 2004, resulting in a total sales decline that was more pronounced than even its lowered expectations against a strong Q1 last year. The com
