Footstar Gets More for California DC at Auction
Footstar, Inc. has completed the sale of its distribution center in Mira Loma, CA and has outsource certain warehousing and distribution operations. The net proceeds to Footstar in connection with the sale were $27,950,000. Thrifty Oil Co., a real estate
Wakley Re-Joins Prince U.S. Footwear Team
Gary Wakley has rejoined Prince Sports, Inc to attend to some unfinished business. Bringing a lifetime of experience in athletic footwear, including several successful years with Prince, Wakley will be responsible for leading the product management of Pri
VF Corp. Gets New Business Boost to Post Strong Q2 Numbers
VF Corporation reported that second quarter sales rose 11.9% to $1.27 billion from $1.13 billion in the prior year's second quarter, with growth in most of the company's core businesses. Net income increased 20.3% to $90.1 million, or 80 cents
NRF Sees 7.2% Increase in Back-to-School Spending
The NRF 2004 Back-to-School Consumer Intentions and Actions Survey, conducted by BIGresearch for NRF, found that families with school-aged children will spend an average of $483.28 on back-to-school items, up 7.2% from $450.76 last year. In all, adults wi
Primaloft Hosts Sleeping Bag Clinic at OR
PrimaLoft Insulation Technology is sponsoring a technical
clinic to help answer question about sleeping bag performance and design at teh OR Summer Market Friday, August 13th from 7:30-9:00 AM at the Downtown Marriott Hotel across from the Salt Palace Con
Accel Group’s Acquisition Strategy Pays off in First Half
Both sales and profit increased for the Accell Group during the first half of 2004. Sales rose to €204.3 million ($251.2 mm), a 24% increase over the €165.3 million ($175.7 mm) in 2003. The organic growth amounted to 10%. Net profit increased by 49%, to €
Urban Climber and Outward Bound Ink Partnership
Urban Climber Magazine and Outward Bound USA have started a partnership designed to “inspire a new generation to explore their urban wilderness.” The partnership will initially focus on promoting the mission of Outward Bound in the Magazine, and copies of
Everlast Inks Two New License Deals
Everlast Worldwide has inked two licensing agreements with Hong Kong-based Stelux Watch Ltd. to launch Everlast-branded watches in China, Hong Kong, Taiwan, Singapore, Malaysia, Thailand and Japan with a concentration of sales through its own City Chain g
Oakley Q2 Income Down 12.1% on 5.7% Sales Increase
Oakley second quarter net sales increased 5.7%, to $152.0
million, a second quarter record, compared with $143.8 million in the second quarter of 2003. Net income for the second quarter totaled $16.0 million, or 23 cents per diluted share, compared with $
Columbia Promotes Sandquist and Prentice
Columbia Sportswear Company has named Mark Sandquist Vice President – Columbia Sportswear Apparel and Doug Prentice as Vice President – Global Outerwear Integration. Sandquist joined Columbia in 1995 as Senior Merchandiser of Men's and Women's
Columbia Q2 Income Jumps 13.8% on 12.5% Sales Increase
Columbia Sportswear second quarter net sales were $171.1 million, an increase of 12.5% over net sales of $152.1 million for the same period of 2003. The Company reported a net income for the second quarter of $10.7 million, a 13.8% increase over net incom
Gear for Sports and Sun Ice Ink Distribution Deal
Gear for Sports has inked a deal to become the exclusive distributing, marketing and sales partner for Sun ice Golf products in the U.S. GEAR for Sports will begin shipping the Spring 2005 Collection during the first week of November…
K2 Sales Climb 25.7% in Second Quarter; Organic Growth at 9%
K2 sales , for the second quarter ended June 30, 2004, were $251.0 million, an increase of 25.7% from $199.7 million in the prior year, and diluted earnings per share were 16 cents for the quarter. Operating income in the second quarter was $12.4 million,
CPSC Issues Recall of Reebok and NordicTrack Dumbbells
The U.S. Consumer Product Safety Commission, in cooperation with Jumpking Inc., of Mesquite, TX, has announced a voluntary recall of approximately 1.2 million Reebok and NordicTrack Chrome Dumbbells. The company is issuing the recall because the product
K2 Creates EU Management Team
K2 Inc. has established its European management team. John J. Rangel, a 20-year veteran of K2 Inc. and most recently SVP and CFO, has been appointed President of K2 Inc.'s European operations, responsible for integration of all current and future ope
