Trails.com Hires Rep Force
Trails.com has added five veteran outside sales representatives and groups to represent the company’s flagship retail product, Trail Finder™, to specialty retail stores nationwide. These sales reps allow Trails.com to better manage the growing interest in
Johnson Leaves Russell
Russell Corporation announced that Thomas Johnson has resigned his position as director of investor relations. Johnson will be joining Movie Gallery as senior vice president for investor relations…
Head Q4 Net Income Plunges 77% Despite 19% Sales Gain
Head N.V. reported that net revenues for the fourth quarter increased 19.2% to $161.8 million from $131.8 million in the year-ago period. Net income plunged 76.7% to $1.9 million from $8.4 million in Q4 2002. Net revenues for the year increased 11.3% to
Head Q4 Net Income Plunges 77% Despite 19% Sales Gain
Head N.V. reported that net revenues for the fourth quarter increased 19.2% to $161.8 million from $131.8 million in the year-ago period. Net income plunged 76.7% to $1.9 million from $8.4 million in Q4 2002. Net revenues for the year increased 11.3% to $
K2 Sees the Model Come Together Quickly…
K2 Inc. has their model in full swing as economies of scale and production efficiencies take hold to help their acquisitions deliver profits sooner than most expected. CEO Dick Heckman feels that K2 “laid the foundation for future growth” in 2003 after c
Huffy Widens Loss; Makes Gen-X Cuts…
Huffy Corporation, on the other hand, is looking to its Service group as a profit center and will make the move this year to consolidate all brand operations under one Sporting Goods division, leaving the company with just two divisions. The company said
THC Rides Weaker Dollar to Strong ‘03…
The Hockey Company Holdings Inc. sees little potential impact to its equipment business in 2004 from a potential NHL work stoppage, but the apparel end of the apparel business would surely take a hit if the league and the players can’t agree on a new col
Reebok Gets into MLB Game…
After missing out on the Major League Baseball deal last August that netted exclusive apparel and headwear deals for seven companies, Reebok International took the next best approach and inked a multi-year deal with MLB to provide footwear for players and
Saucony Puts Focus Back on the Mall Business…
Saucony looks like it is solidly back on the road to recovery after posting its second straight year of positive sales growth. SCNY has certainly turned things around from a rough 2001 when the company posted a loss of $900,000 after sales fell 21% for t
Skechers on the Mend in ‘04… or Is It???
Based on comments by management at Skechers USA, the company is at the beginning at what could either be a false start or a very positive start to 2004 based on recent trends. Wall Street, like management, appears to want o believe the latter as SKX shar
GSI Shrinks 2003 Loss, SG Share…
GSI Commerce reported a breakout fourth quarter that helped narrow the company’s total loss for the year. Net revenues for Q4 increased 26% to $95.2 million compared to net revenues of $75.3 million for the Q4 2002. Net merchandise sales, which represe
Hat World Inks Asia Expansion Deal…
Hat World Corp., which was recently acquired by Genesco, Inc., and Mainland Headwear Holdings Ltd. have entered into an a 10-year license agreement to open and operate 200 to 300 stores in Hong Kong and China. Mainland is primarily a manufacturer and exp
Columbia and Oakley Clean Up Fakes…
Columbia Sportswear recently joined forces with southern Chinese authorities to raid Lianxing Garments Company, located in Zhongshan City, China. The raid is part of an aggressive campaign to stamp out counterfeiters and protect Columbia's unique br
adidas CEO Signals U.S. Upside in 2004…
Adidas-Salomon CEO Herbert Hainer was quoted in a Reuters report that the adidas is expecting flat sales in the U.S. in 2004, and may even be “slightly positive”. He said they expect to see “first signs of improvement” in the second half and that it will
And Heads to U.S. Court in Stripe Fight…
In other adidas news, the company has reportedly filed suit against U.S. Polo Association in the U.S. District Court in Portland for trademark infringement. The suit claims that a USPA shoe is a copy of the adidas Superstar product, but with one less str
