PUMA Doubles 2003 Net Income on 40% Sales Increase
PUMA AG Rudolf Dassler Sport reported preliminary results for FY 2003 indicating that consolidated sales increased 40.0% to €1.27 bn ($1.44 bn) from €910 million ($861 mm), or up 48% in currency-neutral terms. Consolidated net
earnings rose from €85 milli
Gildan Calls for Independent Audit of Honduran Operation
Gildan Activewear Inc. has requested the Fair Labor Association, in which Gildan is a Participating Company, to conduct an independent audit at one of its Honduran sewing facilities. The audit is related to a complaint filed with the FLA, alleging that Gi
Delta Sees Fiscal Q2 Loss Despite 52% Increase in Sales
Delta Apparel, Inc. announced a 52.1% increase in sales to $45.6 million for the company's second fiscal quarter ended December 27, 2003. The $15.6 million sales increase over the prior year quarter was the result of the acquisition of M. J. Soffe C
Russell Athletic Renews BCS Agreement for Two More Years
Russell Athletic, a division of Russell Corporation, has reached an agreement in principal to renew its Bowl Championship Series sponsorship with ESPN and ABC Sports for the next two seasons, which goes through the championship game in January 2006. Fina
Rossignol Receives Doc DesRoches Award
Sports Industries America and the U.S. Ski Team recognized Rossignol as the recipient of the first annual Doc DesRoches Award at the annual meeting conducted during the 2004 SIA SnowSports Show. The new award will recognize an SIA member and U.S. Ski Team
Black Diamond Switches to Wind Power
Black Diamond Equipment Ltd. announced a new energy
initiative with Utah Clean Energy Alliance making Black Diamond one of the
first major manufacturers in Utah to be powered by wind…
SRAM Renews ‘Official Supplier’ Status at Whistler
Continuing its support of performance mountain biking SRAM Corporation has signed on to be the official drivetrain supplier to the world’s definitive mountain bike park – Whistler. The Park is located in the Coastal Mountain Range 1 1/2 hours North of Van
Cascade Designs Moves Sweetwater and Packtowel Under MSR Umbrella
Mountain Safety Research announced that SweetWater filters and Packtowl camping towels will be sold under the MSR brand name. The company made this decision to consolidate brands in order to better focus resources on building the MSR brand, leverage MSR b
MSR Wins ISPO Outdoor Award
Mountain Safety Research’s new Lightning Ascent snowshoe has been named a 2004 ispo Outdoor Award winner in the hardware category. The Lightning Ascent was chosen for the award because it represented the best in its category for function, quality, technic
Amer Reaches Agreement with Phillip Morris
Amer Group has today reached an agreement with Philip Morris regarding its tobacco business. Amer will withdraw from its tobacco business on 26 March 2004 as Philip Morris has agreed to buy back the exclusive right Amer Tobacco Ltd holds to produce and se
Russell Corp. to Reincorporate in Delaware
The Russell Corporation board of directors has approved a proposal to change the Company's state of legal incorporation from Alabama to Delaware. The reincorporation proposal will be submitted for consideration at Russell's annual meeting of sha
Footstar Gets Extension from Lenders to File Financials
Footstar, Inc. today reported that it has received a waiver and extension until February 11, 2004 of the requirement to provide financial statements to the syndicate of banks, led by Fleet National Bank, that provides the Company's $345 million senio
Johnson Outdoors Swings to Fiscal Q1 Profit on 15% Sales Increase
Johnson Outdoors Inc. said that increased net sales and improved operating profits were driven by the continued strength of its Motors business and military tent sales. JOUT saw net income 0f $160 million, or 2 cents per diluted share for the fiscal Q1 e
Deckers Inks Ugg Handbags License Deal
Deckers Outdoor Corporation has entered into a license agreement for handbags and small leather goods bearing the Ugg brand in the United States. Under the terms of the agreement, Jacobs & Leslie Hsu Designs, a designer and distributor of high-end handbag
Columbia Q4 Net Income Grows 10.5% on 18.5% Sales Gain
Columbia Sportswear Company reported net sales increased 18.5% to $257.4 million for the fourth quarter ended December 31, 2003, versus net sales of $217.3 million for the same period of 2002. Net income increased 10.5% to $32.2 million, or 79 cents per
