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
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
Pacific Trail Inks Licensing Deal with Tuned In Sports
Pacific Trail has signed a three-year licensing agreement with Tuned In Sports, Inc., a manufacturer, marketer and distributor of recreational tents, camping furniture and canopies. Tuned In Sports, headquartered in Washington DC, will begin distribution
Cloudveil Gears up for Fall ’04
Cloudveil has announced three strategic business partnerships that, according to the company, will further strengthen their infrastructure and rep force. Cloudveil has formed a partnership with Sojitz Corporation of America. The company is also relocating
SIA Ads XC Ski Element to Winter Trails Program
The opportunity for consumers to experience cross country skiing will be added to the 2005 Winter Trails program organized by SIA and the American Hiking Society. Historically a snowshoe event, Winter Trails celebrates its tenth anniversary next year. Sin
Nike Renews Native American Basketball Invitational Sponsorship
Although the NBA Finals may have concluded, basketball fans from across the United States will have another opportunity for a unique, compelling basketball experience this summer. Nike today announced that it was joining the Phoenix Suns/Phoenix Mercury a
Hibbett Lowers Q2 Guidance on Weaker Licensed and Fitness Sales
Hibbett Sporting Goods has revised its sales and earnings expectations for the second fiscal quarter, 2004. HIBB now expects to report a comparable store sales increase of 2% to 3% for the second quarter and earnings per share in the range of 13 cents to
Atomic Prez Sheds More Light on SBU…
Shortly after publication last week, BOSS managed to catch up with Atomic president Jack Baltz, who shed some light on his decision to launch a Small Business Unit covering the Mid-Atlantic and New York territories. Baltz said that the New York/New Jersey
SEW Goes One-on-One with Tom Cove
Tom Cove was recently appointed EVP of SGMA International and will become SGMA’s President and CEO February 1, 2005. From 1991 to 2004, Mr. Cove served as VP of Government and International Affairs for SGMA.
Mr. Cove spearheaded the soccer industry’s
Rebel Sports Reports Solid YTD
New Zealand’s Rebel Sports is reporting that it’s 2003-04 fiscal year sales were up 10.3% to NZ$305.4 million ($192.0 million). Results included the recently acquired ‘Glue’ lifestyle stores. Comparable store sales for the chain, including Glue, increased
