Eldorado Climbing Walls Hires Cook as GM
Eldorado Climbing Walls has hired Richard Cook as General Manager. Cook will operate as part of the management team supporting new and existing climbing wall clients and new business development worldwide. Eldorado has projects throughout the US, Caribbea
Reebok Shrugs Off Talk of Trouble in Licensed; Point to New Opportunities…
Despite warnings from retailers and downgrades from analysts, Reebok appears to be convinced that their Licensed Apparel business is going to be okay. Even with sales and backlog slowing for the category and the company, they have little choice but to ke
ACR Hires McDaniel as New Rep
ACR Electronics has named Robert McDaniel as an outdoors division product representative covering five states.
McDaniel, president of The McDaniel Agency, will cover Texas, Arkansas, Oklahoma, Louisiana and Kansas. McDaniel also represents several other
Former Hilfiger Exec Named CEO at Malden Mills
Michael Spillane has been named the President and Chief Executive Officer of Malden Mills Industries, Inc. Spillane, the former President for Children’s Apparel & Men’s Underwear and Loungewear at Tommy Hilfiger U.S.A, will begin work at Malden Mills imme
Apax Partners Acquires Spyder Active Sports
Funds advised by Apax Partners announced today the acquisition of Spyder Active Sports, Inc., the leading alpine outerwear brand, in a transaction valued at approximately $100 million. The company has partnered with Apax Partners to continue to expand its
Unifi Inks Deal to Acquire Invista Assets
Unifi has agreed to acquire the INVISTA polyester filament manufacturing assets, including inventories, located in Kinston, N.C. Subject to a final inventory valuation, the purchase price will be approximately $21 million, which will be seller financed. T
Q2 Retail Warnings Do Damage Across the Board…
Earnings season quickly turned to warnings season last week as a couple of retailers sounded warning bells on second quarter performance based a few issues that should not come as much of a surprise to anyone…
Oakley Sees H2 Backlog Gains as Q2 Earnings Suffer…
After revising its second quarter sales and income guidance downward the previous week (BOSS_0429), Oakley reported last week that net income for the quarter fell 12.1% to $16.0 million, or 23 cents per diluted share, compared with $18.2 million, or 27 ce
Deckers Running on All Cylinders…
Deckers beat all analyst expectations in the second quarter of 2004, exceeding the upper end of previously issued guidance by roughly 17%, while diluted earnings per share were 26.5% above company expectations…
Columbia Makes Moves to Get Outerwear Business Back in Line…
Columbia Sportswear continues to log double-digit gains in both net income and sales in the second quarter despite continued declined in the company’s Outerwear business. COLM looks to right the Outwear ship as it moves its Sportswear chief over to handl
Finish Line Issues Dividend, Announces Buyback and Moves to Indiana
The Finish Line Board of Directors has instituted a quarterly cash dividend program of $0.05 per share. The Board of Directors also authorized a new stock repurchase program to repurchase up to 2.5 million shares of Class A common stock, or approximately
Fortune Brands Sees 9.7% Q2 Sales Increase in Golf Division
Fortune Brands, Inc. reported that its The Acushnet Company golf business, which includes the Footjoy, Cobra, Titleist, and Pinnacle brands, saw second quarter sales increase 9.7% to $407.9 million from $371.8 million in the year-ago period. FO said the
Callaway Beats Q2 Estimates Despite Net Income Plunge
Callaway Golf Company announced its financial results for the quarter ended June 30, 2004, reporting consolidated net sales increased 23.0% to $297.9 million, including $2.0 million in net sales from the company's newly acquired subsidiary, FrogTrade
ASICS First Half Sales Up 9.5%; Increases Market Share
ASICS America Corporation reported that sales for the first half of 2004 were $111.1 million, an increase of 9.5% over 2003. The company continues its focus on running, the largest segment of the athletic footwear industry, showing footwear sales increasi
Big 5 Q2 Comps Up 3.9%; Re-Affirms Earnings Guidance
Big 5 Sporting Goods confirmed previously announced earnings guidance of 34 cents to 36 cents per share for its fiscal Q2 and reported that net sales for the period ended June 27, 2004 increased 8.5% to $184.5 million from $170.1 million in the year-ago p
