Oakley Breaks $500 Million Barrier; Q4 Net Income up 540%
Oakley announced Q4 and full year results ended December 31, 2003. Q4 net sales increased 18.1% to $121.6 million, compared with $102.9 million in 2002. Net income for Q4 was $3.2 million, or $0.05 per diluted share, compared with $0.5 million, or $0.01 p
Accell to Acquire Juncker B.V.
Accell Group N.V. has signed a letter of intent for the acquisition of Juncker B.V. in Veenendaal, a company which trades in bicycle parts and accessories. The acquisition is an important step for Accell Group in the Dutch bicycle parts and accessories ma
Kewl is Moving Forward with Infrastructure
Kewl International, the U.S. marketer and distributor of KEWL hockey-based apparel, said today that it has been moving forward to create the necessary infrastructure to launch KEWL branded apparel lines in the U.S. and Europe with assistance from a variet
Skechers Appoints Schneider to Board
SKECHERS announced that Fred Schneider has been appointed to the Company's board of directors and the audit committee of the board of directors…
adidas Launches $50 million Ad Campaign
adidas starts 2004 with a year-long $50 million brand campaign that, according to the company, “…Brings to life the attitude adidas shares with athletes around the world — the desire to push yourself further, to surpass limits, to break new ground…”
Nautilus Doubles Warranty Period…
Shortly after recalling 420,000 of their Bowflex machines (see SEW_0405) Nautilus has decided to extend the warranty on all of the “Bowflex Power Pro” machines from five years to ten. In connection with the recall, the CPSC said that there were “59 back,
JFF Probe Claims Two More Execs…
Tom Shine, currently Reebok’s SVP for Sports & Entertainment Marketing, is the latest to plead guilty in the federal probe of Just for Feet. The incident occurred when Shine was president of Logo Athletic, which filed for bankruptcy in 2000 and was acquir
SIA Attendance Up 1.3%
The SIA.04 SnowSports Show wrapped up Thursday, January 29, at Mandalay Bay Convention Center in Las Vegas, and the phrase unanimously echoed throughout the hall was, “the best show in years”. Celebrating its 50th anniversary this season, SnowSports Indus
Obermeyer Winter Marketing Competition Results are In
Obermeyer has announced the winners of this winter’s retail competition, which included categories for in-store displays and on-line clinic participation. Retailers from around the country submitted their most successful displays from the past year to be
Collegiate Pacific Q2 and First Half Numbers Helped by Acquisitions
Collegiate Pacific reported it's operating results for its three and six month periods ended December 31, 2003. The First half of the year showed net sales increased 23% to $10.2 million, operating profits increased 85%, pretax profits increased 183%
Dennis Baldwin is New Chief Marketing Officer of Reebok
Reebok International president and chief operating officer Jay Margolis announces the appointment of Dennis Baldwin as the chief marketing officer for the Reebok brand. Baldwin, who had been the brand's senior vice president of global footwear since
May Dept. Stores Shuffles the Deck
The May Department Stores Company announced the retirement of two senior executives and the promotion of two other executives. Clarence O. (Bud) Reynolds, chairman of Lord & Taylor, and Kenneth L. Wilkerson, chairman of Hecht's/Strawbridge's, wi
January Chill Factor Warms Retail Results…
The record cold temperatures in much of the country in January, coupled with clearance sales and gift card redemptions, had a considerable warming effect on retail sales for the month as retailers posted surprisingly strong results to close out the retail
K-Swiss Diversifies Retail and Product Portfolios to Post Another Strong Year…
K-Swiss is finally seeing a diversification in its Classics business as Foot Locker starts to represent less of the overall business while Europe and other International regions are estimated to become as much as 50% of sales as they start to represent mo
Amer Group Again Hit by Stronger Euro in 2003; Winter Sports Sees Strong Q4…
Amer Group's net sales in fourth quarter inched up 0.6% to €267.6 million ($318.7 mm) from €266.1 million ($214.3 mm) in the year-ago period. Excluding foreign currency exchange fluctuations, Amer Group sales would have increased 8.1%…