SGB Update

Vail Lift Ticket Dollar Sales Climb; Skier Visits Decline

Vail Resorts mountain revenue for Q3 of 2004 was $234.2 million, a $23.4 million, or 11.1%, increase from $210.8 million for the comparable period last year. Lodging revenue for the quarter grew $3.5 million, or 7.5%, to $49.6 million. Resort revenue, the

GBMI Promotes Mangione to Nautica Fotwear VP – Sales

Global Brand Marketing, Inc. has promoted Robert Mangione to Vice President of U.S. Sales. In his new position, Mangione will oversee all aspects of US sales operations for Nautica Footwear and will be based at company headquarters in Santa Barbara, Calif

Fila Going Back to Roots in New Brand Strategy…

Last week marked the one-year anniversary of the closing of the Fila acquisition by Sport Brands International LLC, an affiliate of Cerberus Capital Partners, LP. But the company looks very different today that it did just six months ago after a round of

GBMI and Datta Collect a Bevy of Awards

Killick Datta, founder and CEO of Global Brand Marketing, Inc., has been awarded “Entrepreneur of the Year” by the South Coast Business & Technology Awards and is also a finalist for the Ernst & Young “Entrepreneur of the Year” award. GBMI has been named

Currier New GM at Carrera Sports USA

Carrera Sports USA has hired David Currier as its new General Manager, effective immediately. Currier’s will oversee all aspects of Carrera’s day-to-day functions and long-term goals, including sales, product, marketing, employee management and coordinate

DSW Helps Narrow RVI Loss in Q1…

Management at Retail Ventures, Inc. appear to like the way their investments in their DSW Shoe Warehouse division are paying off and look for more upside from improvements in the supply chain and other changes to offset any challenges they have going forw

Forde Assumes VP Sales Slot at Converse

Converse, Inc., has appointed Brian J. Forde to the position of Vice President of U.S. Footwear Sales. Forde most recently held the position of U.S. Eastern Region Footwear Sales Manager at Nike. Forde is responsible for the management of the Converse s

China Quota Expiration Causing Outcry; U.S. Consumer Apathetic

The expiration of apparel quotas for WTO member countries — notably China — at the end of this year is prompting an outcry by members of Congress and a new international coalition of textile and apparel industries and labor associations from 45 countrie

Variflex Q3 Net Up on Lower Taxes…

Variflex seems to be capitalizing on the improving U.S. skateboard market, and posted a solid fiscal third quarter. Sales increased 7.9%, from 21.3 million a year ago, to $23.0 million in the most recent quarter ended April 30. Net income outpaced sales

Clif Bar Names O’Loughlin as New CEO

Sheryl O'Loughlin has been named CEO of Clif Bar Inc., the first time the privately-held energy and nutrition foods company has had a CEO outside of the original founder. O'Loughlin joined Clif Bar Inc. in 1998 and most recently served as exec

DeFeet Signs Bode Miller

DeFeet recently signed a sponsorship deal with World Cup Ski Racer, Bode Miller. “It’s great to be working with DeFeet on their ski sock line,” Miller said. “They're all about performance, and they’ll build me exactly what I need to win.”

Fleet Feet Sees Brand Shifts in 2004…

Fleet Feet, Inc. released its 2003 annual report last week, revealing results for the chain that were described as “solid, but not outstanding” by management, but would have been seen as strong for most other chains in the industry…

Quiksilver Fiscal Q2 Net Up 23%; Raises Guidance

Quiksilver, Inc. reported that consolidated revenues for the second quarter ended April 30, 2004 increased 23% to $322.6 million from $262.2 million inthe year-ago period. Consolidated net income increased 23% to $27.8 million, or 47 cents per diluted sha

Dennis Madsen to Retire from REI in 2005…

REI CEO Dennis Madsen will be retiring following the company’s annual general meeting at the end of March, 2005. Over the next 10 months he will assist Sally Jewell, current COO, in transitioning to the role of CEO. BOSS caught up with Madsen just before