Reebok Sees 30.5% Increase in Q3 Net Income; THC Helps
Reebok International Ltd. reported net income for the third quarter increased 30.5% to $82 million, or $1.36 per diluted share, compared to net income of $63 million, or 96 cents per diluted share, in the third quarter of 2003. Net sales for the 2004 thi
New Day, Same Story: Margolis Out and Fireman Assumes Reebok Reins
Paul Fireman, chairman and chief executive officer of Reebok International Ltd., announced Thursday that Jay Margolis has resigned as president and chief operating officer of Reebok, and as a director on the Reebok Board. Fireman has committed to the Ree
VF Names Batten VP – Controller
VF Corporation has named Brad Batten as Vice President and Controller. Batten rejoins VF after serving at Sara Lee Corporation, a diversified consumer products company with worldwide revenues of $18 billion. While at Sara Lee Batten served as Vice Preside
Outdoor Coalition Accounts for 69% of VF Corp. Q3 Sales Gain
VF Corp. reported that third quarter sales rose 25% to $1,792.6 million from $1,435.4 million in the year-ago quarter. Net income increased 24% to $155.4 million from $125.3 million, with diluted earnings per share rising 21% to $1.38 from $1.14. Combine
Backcountry.com is 92nd Fastest Growing Private Company in U.S.
Backcountry.com has been named to Inc. Magazine's ranking of the fastest growing privately held companies in America. The Utah-based e-commerce business ranked number 92 on this year’s Inc. 500 list. The Inc. 500 list is “a prescient indicator of th
ProTech Inks Distribution Partnership with A16
ExtremeCare, Manufacturer of ProTech, is steadily growing with a new distribution partnership with Adventure 16 and the launch of a grassroots retailer support program. ProTech also recently added distribution with PacelineProducts in the bicycle market a
Oakley Expands Thump Distribution
Oakley has expanded its international distribution of Oakley Thump, the company's innovative integrated digital audio eyewear, to include Virgin Megastores in the United Kingdom, El Corte Ingles stores in Spain, Intertan stores in Canada and Sanborns
Oakley’s Net Down 15.6% Despite 2.2% Sales Increase
Oakley's third quarter net sales increased 2.2% to
$148.2 million, a third quarter record, compared with $145.0 million in the third quarter of 2003. Net income for the third quarter totaled $11.4 million, or 17 cents per diluted share, compared with
Huffy Corp. Receives Court Approval of Dip Financing
Huffy Corporation has received interim approval for certain of the Company's first day motions, including arrangements for up to $50 million in debtor-in-possession financing from Congress Financial Corporation to fund post-petition operating expense
Kellwood Warns on Q3, Full Year Sales and Earnings
Kellwood Company, parent company to American Recreation, now expects net earnings in the third quarter to be in the range of $28.5 million, or approximately $1.00 per diluted share, which is below the guidance provided in August of $32.5 million, or $1.15
Finish Line Announces Stock Split and Cash Dividend
The Finish Line, Inc. Board of Directors has declared a two- for-one split of the Company's Class A and Class B common stock. On November 17, 2004, stockholders will receive one additional share of common stock for each share of common stock they own
Marika Group Appoints Marks Vice President
The Marika Group has appointed Shelley Marks as Vice President. Previously, Marks spent more than 5 years at Jacques Moret as President of Etonic Apparel and President of Jockey Activewear, where both companies were licenses. Prior to Moret, Marks was Sa
Timberland Q3 Net Income Up 29% on Balanced Sales Gains
Timberland reported record third quarter net income of $68.6 million and diluted EPS of $1.92, compared with Q3 2003 net income of $53.3 million and diluted EPS of $1.47. Revenue increased 11.3% to $493.9 million, driven by gains in both U.S. and interna
Deckers Profits Jump 1100% on 124% Sales Increase
Deckers Outdoor Corporation reported that third quarter net sales increased 124% to a record $55.8 million compared to $24.9 million in the same period last year. Net earnings for the quarter increased to $5.8 million or 46 cents per diluted share, compar
Easton Partners with Licensing Firm to Expand Brand
Easton Sports has inked a partnership deal with Out Of The Box (OOTB), a full service company servicing licensors, licensees, retailers and inventors. The new relationship puts Easton in the hands of Jack Morrow, described by the comapny as “one of the l
