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
Investor Conferences Shed Some Light on Future Plans…
With the first quarter earnings season behind us its that time for companies to again hit the investor conference circuit, reiterating guidance and reading from basis boilerplate presentations. There are always a few tidbits of note as some start touting
Teva Makes Custom Sandals for Elephant
Deckers' Teva unit is designing a new line of shoes made especially for elephants. The Elephant Sanctuary in Tennessee recently contacted Barry McGeough, Teva's Senior Director of Product and Resource, and asked if they would create a pair of sh
Keen’s Sales are… well…, Keen…
With all of the stories of great sell-through and amazing consumer response surrounding Keen Footwear, BOSS decided to took a closer look at the company, catching up with Jim van Dine, VP of Sales, in between his latest round of flights. Apparently much
Sara Lee Makes China Move; Cuts 4,125 Jobs…
Sara Lee, the parent company to Champion and Jog Bra, is making its move as the world moves closer to a quota-free relationship with China at year-end, elimination 3,825 jobs in Mexico, Honduras, and Puerto Rico and another 350 in the U.S. They will clos
Brockway Moran to Sell Gold’s Gym
Brockway Moran & Partners, Inc., a Florida-based private equity firm, has signed a definitive agreement to sell Gold's Gym International, Inc. to a group led by TRT Holdings, Inc., a privately-owned, diversified holding company whose assets include t
LaFuma Income Outpaces Sales; U.S. Helps Drive Growth…
LaFuma is reporting a 29.0% increase in net attributable profit to €1.6 million ($1.9 mm) for the first half of the year on a 1.5% increase in sales – from €80.4 million ($82.0 mm) in the first half last year to €81.6 million ($98.2 mm) for the first six
Neville Takes Reins at Keds…
Shawn Neville, most recently the president & CEO of Footstar's athletic division, will join Stride Rite Corporation as president of Keds, effective July 7, 2004. Prior to managing the Footaction and Just for Feet businesses for Footstar, Neville was
Chinook Expands into Branded Footwear
Chinook Trading has been producing private label footwear for retailers for over a decade now, but has recently decided to launch its own brands in order to build more equity. In charge of the new project is former Kamik Global Marketing VP, Mike Coogan..
Nautilus Chairman Names His Team…
The Nautilus Group, Inc. is starting to see the changes expected after Gregg Hammann consolidated his control as chairman, CEO and president following the February resignation of company founder Brian Cook. The one constant will be the Board, with all se
