American Skiing Company Sees Improvements in West; Slow Season in the East
American Skiing Company reported improved financial performance at its western resorts that has helped mitigate the impact of challenging weather conditions in New England. Net income for Q3 was $24.5 million, or 77 cents per basic share and 35 cents per
Ashworth Income Jumps 32.6% on 4.0% Sales Increase
Ashworth revenue for the second quarter of 2004 increased 4.0% to a record $54.7 million compared to $52.6 million for 2003. Net income increased 32.6% to $5.7 million or 41 cents per diluted share compared to net income of $4.3 million or 33 cents per di
Nautilus Group Shakes Up Management Team
The Nautilus Group, Inc. announced its shareholders elected all seven current members of the Board of Directors to serve until the 2005 annual shareholder meeting. The Board also formally announced several key executive officer additions and promotions.
Cherokee Sees Fiscal Q1 Return on Sales at 45%
Cherokee Inc. reported net revenues for the three months ended May 1, 2004 rose 1.4% to $12.2 million, compared to revenues of $12.0 million in the comparable period last year. Net earnings for the quarter increased to $5.5 million or 64 cents per dilute
Rodolfo to Run Callaway Apparel Design for Ashworth
Ashworth, Inc. announced that Joey Rodolfo has joined the Company as Vice President of Design, Callaway Golf apparel division. After early stints at Catalina Swimwear and Union Bay, Rodolfo co-Founded Cutter & Buck as Senior Vice President and Creative D
Acushnet Parent Ups Q2 Earnings Guidance
In remarks prepared for delivery Wednesday at the Piper Jaffray Consumer Conference in New York, Fortune Brands chairman & CEO Norm Wesley said that second quarter EPS before charges/gains will be near the top of analysts' estimated range, delivering
Russell Corp. Names New Board Member
The Board of Directors of Russell Corporation announced that Arnold W. Donald has been named to the company board. Donald is chairman of Merisant Company, a world- leader in the manufacture and marketing of low-calorie sweeteners, including Equal(R) and C
NSGA: Men Shop for Muscle, Women Shop for Cardio
Men are more likely to purchase exercise equipment that stresses muscular development/toning, while women are more likely to purchase equipment that focuses on cardiovascular well-being, according to data in the recently released NSGA report “The Sporting
Reed Pike Joins SCOTT USA
SCOTT USA has hired Reed Pike as Sales Manager for the Colorado, Minnesota and Ohio territories. With over 30 years experience Reed started in the cycling industry working retail in the San Francisco area. After working for Schwinn as a sales rep in South
Columbia Hires New UK and Ireland Regional Mgr.
Columbia Sportswear International, AG, has changed its UK and Ireland management team. Effective the end of June, Paul Hayes will assume the position of Regional Manager for the UK and Ireland, where he will assume responsibility for the management of all
Deuter Grows and Restructures
With well over 40% new growth at Deuter this brings with it new in house roles. John Herron has been the organizing force behind customer service and shipping will take on the role of Marketing and Promotions. He will work in tandem with What's UP PR
Ski Tops Brings in New Director of Sales and Marketing
Continued growth , distribution and an expanding sales force has prompted Gary Supple, US Manager of SKI TOPS USA, to hire Dominic A. Chenelia, as Director of Sales and Marketing for the CHAOS and MOON SHADOW headwear brands. Chenelia joined the company
NYSE Warns Huffy About De-Listing
Huffy Corporation has received an early warning letter from the New York Stock Exchange indicating that with the recent decline in market capitalization and the anticipated significant loss in the first quarter of 2004, the Corporation could fall below th
May Company to Acquire Marshall Field’s in $3.24 Billion Deal
The May Department Stores Company has entered into a definitive agreement to acquire the Marshall Field's department store group and nine Mervyn's store locations in the Twin Cities area from Target Corporation for a total consideration of $3.24
Lowe Alpine and Asolo Consolidate In NH
Lowe Alpine Systems will reorganize its American operations and relocate its brand management, sales and marketing functions to New Hampshire, effective August 1, 2004. These operations will be combined with those of Asolo USA. Geoff O’Keeffe and Gareth R
