Cutter and Buck Fiscal Q2 Profits Jump…
While Cutter & Buck reported a decline in total sales in its fiscal 2004 second quarter, the company continued their turnaround as net income jumped 600% due to actions emphasizing profitable sales, reducing costs and improving sourcing and product pricin
Singing Rock Expands
Singing Rock office team expands with 2 new employees.Vojtech Dvorak will be joining the team as the world wide brand manager, and Jan Novotny joins product development as sourcing manager. Vojtech's area will cover grafic work, shop displays, sales
Variflex Looks to Shrek for Help…
Variflex had another tough quarter, with sales declining 4.0% from $12.6 million in fiscal Q1 2003 to 12.1 million in fiscal Q1 2004 ended October 31. VFLX swung to a loss of $477,000. or 10 cents per share, compared to $11,000, or $0 per share LY…
Spiegel Actions May Signal Renewed Focus on Bauer…
Spiegel is becoming more active with its management of their Eddie Bauer subsidiary, asking the judge overseeing their Chapter 11 bankruptcy for permission to close around 30 stores and open 17 new ones. This action may not bode well for LL Bean’s intere
Rocky Hits Wolverine with Stalker Suit…
Rocky Shoes & Boots and Wolverine Worldwide are duking it out over the “Stalker” brand name. Rocky last week sued Wolverine in Federal District Court in Columbus, OH, citing Wolverine’s use of the word “stalker” on a new line of hunting boots…
Brown Shoe Co. Escapes Big Lawsuit Hit; Exits Canada Factory…
In spite of several proactive initiatives to remedy an environmental impact problem in Colorado, Brown Shoe Company lost a lawsuit filed by Denver area residents. The plaintiffs had sought more than $380 million, including punitive damages, but the jury d
The White Weekend after Black Friday…
As the entire Northeast turned white under a blanket of snow last weekend, retailers from the fashion, electronics, and sporting goods sectors were reporting a disappointing outcome for the second biggest shopping weekend of the year. But outdoor retail a
Primaloft Sponsors Adirondack Backcountry Ski Festival
PrimaLoft is continuing its involvement as a primary sponsor of the second annual Adirondack Backcountry
Ski Festival to be held on Friday, February 27th – Sunday, February 29th in Keene Valley, NY…
Cold Sports Distribution Inc. Fouded
Bruce Caslowitz and Blaise Rosenthal have formed Cold Sports Distribution Inc. Bruce has an experienced role in snowboarding as sales coordinator and Blaise is the founder of Millennium Three and a professional snowboarder…
Congress Financial Permitted to Continue With Airwalk Foreclosure
The U.S. Bankruptcy Court in Denver, Colorado, ruled that Airwalk International, LLC’s senior secured lender, Congress Financial Corporation, may continue with its filed action against the company to cause the foreclosure and sale of the company’s assets
Athlete’s Foot Targets Greece
The Athlete's Foot has formalized an agreement with Veto S.A. of Athens, Greece to become The Athlete's Foot's master franchisee for Greece. The company projects multiple store openings over the length of the 10-year agreement in an effort
Liz Wilson Wins Seattle 1/2 Marathon
SportHill's National and International Sales Manager, Liz Wilson, placed first in the Women's Division of the Seattle Half Marathon…
Cutter and Buck Fiscal Q2 Net Income Soars 600% Despite Lower Sales
Cutter & Buck Inc. reported that fiscal second quarter sales declined 5.0% from $36.5 million in Q2 2002 to $34.7 million in Q2 2003. Net income soared up 600% from $300,000 last year to $2.1 million, and bringing EPS up 533% to 19¢ per share from 3¢ last
InSport Retains Backbone Media
InSport International has retained Backbone Media of Carbondale, Colorado to manage its public relations efforts. Backbone Media will focus on maintaining InSport’s high profile in the core running and cycling markets while expanding the brand’s presence
Vail Resorts Sees Fiscal Q1 Loss Widen on 8.8% Revenue Decline
Vail Resorts announced total Resort revenue, which includes mountain and lodging revenues, rose or 3.4% to $76.7 million for the first quarter of fiscal 2004 ending October 31, 2003. Mountain revenue was $34.1 million, a 1.3% increase from $33.6 million
