Vail Resorts Fiscal Q2 Net Income Sinks as Revenue Surges
Vail Resorts, Inc. announced Mountain revenue for the second quarter of fiscal 2003 ended January 31, 2003 was $189.2 million, a 29.6% increase from $146.0 million for the comparable period last year. Lodging revenue for the second quarter increased $2.5
Nike and Hurley Matching Up Nicely
Nike and Hurley International stunned the action-sports industry last year when the athletic shoe giant bought the relatively small but well-regarded Costa Mesa surf and skateboard clothing company. Skeptics feared the worst…
Hibbett Fiscal Year Net Income Jumps 27.5% on 3.9% Comp Gain
Hibbett Sporting Goods, Inc. reported net sales for fiscal year 2003 ended February 1, 2003 increased 15.8% to $279.2 million. Comparable store sales increased 3.9% in fiscal 2003. Net income for the year increased 27.5% to $14.7 million compared with $1
Better Ski Conditions Help American Skiing Co. Narrow Fiscal Q2 Loss
American Skiing Company reported the net loss for the second quarter of fiscal 2003 was $16.7 million, or $0.53 per basic and diluted share, compared with a net loss of $43.7 million, or $1.38 per basic and diluted share for the second fiscal quarter of
adidas-Salomon Sales Surpass $6.5 Billion Mark in 2002
adidas-Salomon 2002 fourth quarter net sales grew 8% to €1.5 billion vs. €1.4 billion in Q4 2001. On a currency-neutral basis, sales increased 17%. Net income improved 21% to €29 million, or €0.64 per share.
Consolidated net sales for full year 2002 g
Jantzen Drives Q4 Perry Ellis Growth; Earnings Almost Triple
Perry Ellis International, Inc. reported net income of $2.8 million for the fourth quarter 2002, a 194% increase over Q4 2001. Net sales for the fourth quarter, driven by strong shipments from the Company's Jantzen swimwear business, increased 51.3%
Quiksilver Signs China Joint Venture Deal
Quiksilver, Inc. announced that it has entered into a joint venture with Glorious Sun Enterprises, Ltd. for the opening of retail stores and wholesale distribution of its products in China…
The Finish Line Promotes Four New VP’s
The Finish Line, Inc. Alan H. Cohen, President and Chief Executive Officer announced the promotion of four new vice presidents. Jason Prodouz has been named VP – Planning & Allocation, Todd M. Kuebel has been named VP – Inventory Management, Cindy Loren
Jandd Considers Move Back to Santa Barbara Roots
Jandd Mountaineering Inc., maker of high-quality bags, backpacks and a host of other accessories for the active outdoors, may return to Santa Barbara. The company founded by then-UCSB student Dave Sisson 20 years ago, packed its own bags and headed sou
Sierra Designs Moving to Boulder; McCoy to Leave Company
Sierra Designs announced over the weekend that it will move to the Boulder, Colorado area this summer. Longstanding company president, Sally McCoy, will lead the company through the transition period, then Mark Herbert, the current Vice President/General
Reda Sports Hires New GMM
Reda Sports Corporation announced the hiring of new General Merchandise Manager, Michael J. Belisle. Belisle brings 10 years of procurement and planning experience to the role…
Rumors Over, The Fila Sale Finally Happens…
The deal was announced Friday that would see the sale of all Fila Holding S.p.A operating businesses to Sport Brands International LLC, an affiliate of Cerberus Capital Partners, LP.
Cerberus is
U.S Sporting Goods Imports Resume Growth in 2002
The dollar value of sporting goods imported into the U.S. increased by 6.3% in 2002. Imports had posted declines in three of the past four years (1998-2001). This is the main finding of SGMA International’s analysis of the U.S. Commerce Departmen
Rumors Over, The Fila Sale Finally Happens…
The deal was announced Friday that would see the sale of all Fila Holding S.p.A operating businesses to Sport Brands International LLC, an affiliate of Cerberus Capital Partners, LP…
Ashworth Posts Fiscal Q1 Profits on 32% Revenue Rise
Ashworth Inc. announced consolidated net revenue for the first quarter of 2003 ended Jan. 31, 2003 increased 32.3% to $26.6 million as compared to $20.1 million for the first quarter of 2002. The company reported consolidated first quarter net income of $
