Urban Outfitters Doubles Q4 Income…
Urban Outfitters posted an impressive quarter to round out the year. The retailer reduced costs and increased margins to turn a 49.7% Q4 sales increase, from $117.6 million to $176.7 million, into a 120% increase in Q4 net income, from $8.4 million to $18
Spyder Signs on as Austrian Ski Team Sponsor
Spyder Active Sports, a leading technical ski apparel brand, has signed an agreement to be an official supplier to the Austria Ski Team. Spyder will outfit the Alpine team on a long-term basis, including the 2006 Winter Olympics in Torin, Italy. The team
Pre-Trial Ruling In Patent Infringement Case Falls In Johnson Outdoors Favor
JOHNSON OUTDOORS announced a major pre-trial ruling in accordance with the Company’s position in its patent infringement case against Confluence Watersports, owned by American Capital Strategies (ACS). The ruling issued by the Federal District Court in P
Mossimo Sales Up, Income Down
Mossimo reported fourth quarter 2003 revenue increased 15%
to $3.0 million compared to $2.6 million for the same period last year. The Company reported fourth quarter 2003 net earnings of $693,000 compared to net earnings of $5.4 million for the same peri
Bell Canoe Stays Involved and Wins Vendor Award
Bell Canoe Works had a busy year in 2003 with community involvement, sponsorships, and awards. Meanwhile, the rapidly growing canoe and paddlesports accessory company continues construction on its new plant. Bell will move into its new home beginning in A
Shoe Carnival Q4 Earnings Fall 93% on 4.9% Sales Gain
Shoe Carnival, Inc. reported that net earnings for the fourth quarter ended January 31, 2004 were $113,000 compared with net earnings of $1.7 million in the fourth quarter last year. Diluted earnings per share were a penny per share compared with 13 cents
Dick’s Q4 Net Income Up 36% on 4.6% Comp Store Sales Gain
Dick's Sporting Goods, Inc. reported net income for the fourth quarter ended January 31, 2004 increased 36% to $26.0 million and earnings per share increased 22% to $1.00 per diluted share as compared to net income of $19.1 million and earnings per s
Sea to Summit and Black Diamond Sign Aussie Distribution Deal
Black Diamond Equipment has announced that effective July 1, 2004, Sea To Summit will become its official Australian distributor. Wishing to expand its presence to a greater number of selected Australian Retailers, this strategic business move will make a
Variflex Fiscal Q2 Loss Widens on Lower Sales
Variflex, Inc. reported reported a net loss of $826,000 or ($0.18) per diluted share, for the second fiscal quarter ended January 31, 2004 on net sales of $8.5 million, compared to a net loss of $670,000, or ($0.15) per diluted share, on net sales of $9.9
SRAM Completes Avid Acquisition
SRAM Corporation is pleased to announce the acquisition of Avid LLC. The acquisition by SRAM marks a major milestone for both SRAM and the Avid brand. “We are excited about the prospects” stated Stan Day, President and CEO of SRAM Corporation…
Veltex to Acquire Embroidery Firm
Veltex Corporation has signed a letter of intent to purchase MKL, Inc., Anaheim, California, in a cash plus stock transaction. MKL, a private company, specializes in embroidery of logos and other designs on caps and garments for the promotional products i
Vail Resorts Reports Record Q2
Vail Resorts announced financial results for Q2 of 2004. Mountain revenue was $201.4 million, a 6.9% increase from $188.4 million for the comparable period last year. Mountain expense increased $3.4 million, or 2.7%, to $126.9 million. Lodging revenue for
Ross McMullin Loses Fight With Cancer
The former chief of the North America business for adidas succumbed to cancer on Monday at his Portland home. John Ross McMullin was just 47 years young.
The former adidas America CEO has bat
180’s Files Suit Against Walgreen’s
180s has filed suit in the United States District Court for the District of Maryland (Baltimore) against Walgreen Co., headquartered in Deerfield, IL, for infringement of a patent directed to the wrap-behind-the-head 180s Ear Warmer…
National Geographic Adventure Appoints New Account Manager…
Brigitte Baron has been appointed account manager of the Northwest region for National Geographic Adventure magazine. Formerly the magazine's New England account manager, Baron is relocating this week from New York to Adventure's Los Angeles off
