Johnson Outdoors Fiscal Q3 Income Down 20% on Unusual Charges
Johnson Outdoors reported fiscal third quarter sales were $108.5 million compared with $116.7 million in last year's third quarter, while operating profit was $8.9 million compared with $13.0 million. On a continuing business basis and excluding unu
Reebok Taking Share as U.S. Q2 Brand Sales Surge 14%
Reebok International Ltd. reported net sales for the second quarter increased 12%, or about 7% on a currency-neutral basis, to $803 million. Net income for the quarter was $26 million, or $.41 per diluted share, as compared to net income of $25 million
Cybex Swings to Q2 Profit on 17.2% Sales Gain
Cybex International, Inc. reported net sales for the quarter ended June 28, 2003 were $21.1 million versus $18.0 million for the comparable 2002 period. The net profit for the quarter ended June 28, 2003 was $183,000, or $0.02 per diluted share, compared
MLB Opens New Office in Tokyo…
In response to the ever-increasing popularity of Major League Baseball in Japan and throughout Asia, Major League Baseball International will open a regional office in Tokyo on Aug. 1. The Tokyo office will be the third regional office created to support
Lotto Gives License to Kanematsu Textiles
Lotto Sport Italia will have a new partner for Japan as of January 1st 2004 – Kanematsu Textile Corporation. The licensing contract will have a 3-year duration (01 January 2004 – 31 December 2006) and will be valid throughout Japan…
Tecnica Finalizes Rollerblade Buyout
Rollerblade's sale from Benetton to Tecnica Group S.p.A. has been finalized. Rollerblade joins global sporting goods brands including Tecnica, Dolomite, Lowa, Marker, Nitro, and Nordica. In the new structure, Rollerblade will operate as a stand-alon
K2 Inc. Sees Q2 Net Income Up 52% on 27% Sales Increase
K2 Inc. reported that net sales for the second quarter ended June 30, 2003 increased 27.0% to $199.7 million from $157.2 million in the 2002 second quarter. Net income was $5.8 million and diluted EPS was $0.19, including $0.03 per share relating to a ga
NPD Reports Private Label Apparel Sales Up in A Down Market
While overall apparel sales have been down for the last four years, private label sales have increased five percent over the last five years, according to leading market information company The NPD Group, Inc. A key reason for this growth is that retaile
Paul Dudek Joins FILA as VP of Global Integration
In a continuing effort to develop their management team and streamline business practices, Sport Brands International CEO Jon Epstein has named Paul Dudek as VP Business Integration for the company…
TNF Gains in Q2 Not Enough to Offset Other VF Declines
VF Corporation reported second quarter income from continuing operations was $74.9 million, or 68 cents per share, compared with $88.5 million, or 79 cents per share in Q2 2002, which included a 3 cents per share benefit from unusual items. Sales in Q2 fe
Ex Officio Braces for Growth; Adds Key Personnel
Ex Officio recently broadened their sales team to brace for growth in 2004. Three openings in the Midwest, Rocky Mountain States, and Southern territories have made room for some new sales representatives to join the Ex-O team. In addition, two Divisional
SGAA July Rep News
The Sporting Goods Agents Association has recently inducted several rep agencies into the 69 year-old trade organization. New reps welcomed by SGAA president Gary Niland were Bob Watkowski, Double Eagle Sales Inc.; John Conlin and Mike Bloom, John Conlin
K2 Inc. Acquires V2 Optics
K2 has reached agreement to acquire V2 Optics, a designer, manufacturer and distributor of high-performance sunglasses and technologically advanced snow goggles. V2 is also the first company to develop a snow goggle specifically for women…
SGMA: Sales of U.S. Recreational Products on Positive Pace
From archery to water skiing, the U.S. sports industry is nearly a $70 billion business. According to SGMA International's Recreation Market Report, manufacturers' sales of sporting goods equipment, sports apparel, athletic footwear, and
Cutter and Buck Renews Sorenstam Sponsorship Deal
Cutter & Buck Inc. has renewed its sponsorship deal with Annika Sorenstam. Under this three-year contract, the Swedish athlete will wear Cutter & Buck golf and lifestyle apparel exclusively for all professional golf tournaments, events and media appearan
