Deckers Announces Stock Sale Plan
Deckers Outdoor Corporation announced that it intends to file a registration statement with the SEC for an underwritten offering of approximately 3.5 million shares of its common stock. The shares expected to be sold in the offering will include approxima
Deckers Q4 Net Income Jumps 81% on 39% Sales Increase
Deckers Outdoor Corporation net sales increased 39% to a record of $35.7 million for the 2003 fourth quarter versus $25.8 million in the same period last year. Net earnings for the quarter rose 81% to $2,464,000, compared to net earnings of $1,363,000 las
Back to Back LLC Gets Master License for Kappa
BASICNET S.p.A has executed a Master License Agreement with Back to Back, LLC of New York to distribute KAPPA and ROBE DI KAPPA trademark products in the U.S. The agreement will run for an initial period of 5 years with options to renew for two additiona
Don Ruttenberg to Plead Guilty in JFF Fraud Probe
Don-Allen Ruttenberg, former executive vice president of Just For Feet, Inc. (JFF), has been charged with conspiracy to commit securities fraud, wire fraud, and submitting false statements to the auditors of JFF. Ruttenberg has agreed to plead guilty to
Quiksilver Prevails in Kymsta Trademark Suit
Quiksilver, Inc. has prevailed in its Federal court case against Kymsta Corp. and their claims against Quiksilver and its Roxy trademark. Among other elements, the final judgment also directs Kymsta to refrain from producing any product that is “confusin
Rocky Q4 Net Income Up 34% on 14% Sales Increase
Rocky Shoes & Boots, Inc. reported that net income for the 2003 fourth quarter increased 34.1% to a record $2.1 million, or 44 cents per diluted share, compared to $1.6 million, or 34 cents per diluted share, in the year-ago quarter. Net sales increased 1
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 $
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
SGMA: U.S. Sporting Goods Exports Resume Growth
When it comes to “Made in the USA” sports products, overseas markets are most interested in golf gear, exercise machines, gymnastics equipment, athletic footwear and fishing tackle. Those are the finding of SGMA International’s most recent exports study.
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
Rock and Ice Singles Out Bouldering
Rock and Ice magazine will expand its reach and coverage of climbing's fastest growing category with its new Bouldering Issue. “Just five years ago, bouldering was a subsport and only a handful of companies made products specific for it,” says Rock a
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
