Fleet Feet Awards Lifetime Achievement Honor to Runner’s World Founder…
At the Fleet Feet National Retail conference held in Boston last week, George Hirsch, founder of Runner's World Magazine, was awarded the Fleet Feet Lifetime Commitment to Running Award…
Easton Renews Canadian License Deal with Mondor
Easton Sports announced that it has renewed its licensing agreement with Mondor Ltd., signing a multiyear extension with the Canadian hockey and baseball apparel manufacturer…
Timberland Falls on Back Half Caution…
Timberland matched analysts’ estimates for the second quarter, helped by strong sales of hiking boots and outdoor apparel, but sounded a cautionary tone about the company’s second half prospects…
Obermeyer Taps Backbone Media for PR Effort
Obermeyer has retained Backbone Media to handle their public relations efforts. Located in Aspen, Obermeyer will partner with local Carbondale company Backbone Media to oversee media communications and promotions of its apparel, brand and rich company his
New Brands Keep Huffy Alive…
Huffy Corporation chairman and CEO Don Graber pointed to the Gen-X acquisition and new customers in its service business as the key drivers for the sales and earnings growth for the second quarter. That left little positive for the company’s bike and tea
Get Your Paper, Read All About It, Cloudy Weather Impacts Oakley Second Quarter…
CEO Jim Jannard on the conference call with analysts following the company’s release of second quarter results as he read weather-related newspaper headline after newspaper headline from around the country…
Callaway Jumps on Positive Outlook and Potential Upside in Top-Flite Deal…
Callaway Golf easily beat Wall Street earnings estimates for the second quarter as profits declined 8.0% and sales dipped 4.1% for the period ended June 30, 2003. Analysts challenged the company’s management on how they might provide better guidance afte
Timberland Sees Q2 Net Income Jump 18% on Strong International Effort
The Timberland Company reported revenue of $211.7 million for the second quarter, 10.5% higher than the $191.5 million reported for the second quarter of 2002. Constant dollar revenue growth, which excludes the impact of changes in foreign exchange rates,
Cannondale Taps Bell Sports Vet as COO
John Doerr has joined Cannondale as its new Chief Operating Officer. A bike industry veteran and a passionate mountain biker, Doerr comes to Cannondale from Bell Sports where he was Vice President of Supply Chain Management…
Luxottica Says Sales of Oakley Product Flat at Sunglass Hut
Luxottica Group S.p.A. issued a clarification regarding its business with Oakley. The release was in response to inquiries by members of the financial community related to Oakley's second quarter financial report that indicated that sales to Sunglas
Vans Fiscal Q4 andYear Sales Flat; Racks Up $29 Million Loss for Year
Vans, Inc. announced net sales for the fourth quarter ended May 31, 2003 were flat at $63.3 million, with gains at company-owned retail stores masking a 12% decline in the U.S. wholesale business. The net loss from continuing operations, including a $10.
Callaway Q2 Net Income Down 8.1% on 4.1% Sales Decline
Callaway Golf reported net sales for the second quarter declined 4.1% to $242.1 million, with foreign currency exchange rates favorably impacting net sales by approximately $7.5 million. Net income was down 8.1% to $34.1 million, versus $37.1 million for
Unifi Announces Signing of Kaiping Non-Binding Letter of Intent
Unifi, Inc. has signed a non-binding letter of intent to form a joint venture type company with Kaiping Polyester Enterprises Group Co. in Kaiping, Guangdong, China to manufacture and sell certain polyester and nylon products. It is anticipated that Unifi
Johnson Outdoors To Top Analyst Q2 Estimates; Announces Recall
Johnson Outdoors Inc. announced Thursday it anticipates third quarter earnings to be in the range of $0.57 – $0.61 per diluted share. Third quarter results will reflect one-time charges of between $3.3 million and $3.8 million pre-tax stemming from a vol
Burton Taps Former adidas VP as Global Marketing Head
Bryan Johnston assumes the role of vice president of marketing at Burton Snowboards. Formerly the vice president of North American brand management within the Adidas-Salomon organization, Bryan begins his career at Burton with 20 years of experience in t
