The New Cannondale Gets a Makeover
With the start of the ’04 cycling season, Cannondale has unveiled a new corporate look and tag line that will be featured on all of its advertising, packaging, web sites and other promotional materials. Cannondale’s new tag line and look were officially u
Deckers Prices Stock Offering
Deckers announced the pricing of its public offering of 3,500,000 shares of common stock at a price of $24.75 per share. The Company is selling 1,500,000 shares, and certain stockholders, including Douglas B. Otto, Chief Executive Officer, and other emplo
Golf Town Raises Funds for The Prostate Cancer Research Foundation of Canada
Canada's largest golf retailer, Golf Town, has
committed to a three-year, national support program to raise funds for The Prostate Cancer Research Foundation of Canada as well as increase awareness for the devastating disease estimated to afflict one
Urban Outfitters Q1 Net Income Surges 164%
Urban Outfitters, Inc. announced first quarter earnings of $16.9 million, or 41 cents per diluted share, for the three months ended April 30, 2004, a 164% increase over the comparable quarter last year. Net sales for Q1 increased by 59% to a record $170.
Columbia Inks Distribution Deal for Norway and Iceland
Columbia Sportswear Company has signed a distribution agreement with Portland Norge AS to distribute Columbia and Sorel products in Norway and Iceland, commencing with the Spring 2005 product line. Portland Norge will also own and operate two Columbia Sp
The Buckle Nearly Doubles Q1 Net Income on 16% Sales Gain
The Buckle, Inc. reported net income for the first quarter ended May 1 increased 98% to $5.9 million, or 27 cents per diluted share, compared with $3.0 million, or 14 per diluted share, for the first quarter of 2003. Net sales for the first quarter incre
Shoe Carnival Q1 Net Down 9.8% on 2.2% Comp Sales Decline
Shoe Carnival, Inc. reported that net earnings for the first quarter ended May 1 were $4.6 million, or 35 cents per diluted share, compared with net earnings of $5.1 million, 39 cents per diluted share, in the year-ago quarter. Net sales for the first qu
K2 Acquires Ex Officio
K2 Inc has acquired Ex Officio, a designer and manufacturer of men and women's apparel for the outdoor and adventure travel markets. The company was acquired in an all cash transaction. Due to the seasonality of Ex Officio's(R) product lines, th
Mossimo Q1 Revenues Rise 6.3%; EPS Drops 11.1%
Mossimo's Q1 2003 revenue increased to 6.3% to $6.2 million compared to $5.9 million last year. The Company reported first quarter net earnings of $1.2 million compared to net earnings of $1.4 million last year, and diluted earnings per share of 8 ce
Coastcast to Cease Operations, Liquidate Assets
Coastcast Corporation announced Wednesday that it intends to cease operations. Hans Buehler, chairman and CEO, said that the board of directors determined that it was in the best interests of the company to wind up business operations. He said a “very re
Petzl Launches Safety Site
Petzl has launched a new section of Petzl.com dedicated to helping consumers determine the safety and quality of aging climbing equipment. Through video sequences the site guides users through a comprehensive evaluation of the quality and safety of their
Oregon Outdoor Vendors Team Up and Speak Out
Some of the biggest names in Oregon's corporate world joined with local manufacturers of outdoor equipment to call on the Bush Administration to uphold protections for National Forest roadless areas. Adidas, Columbia Sportswear, Entre Prises US, Meto
Utah Sees Record Skier Days
Ski Utah, the marketing arm of the Utah Ski Association, today reported that the state’s 13 ski areas saw a record number of skier days during the 2003-04 winter season. The National Ski Areas Association defines skier days as one person visiting a ski ar
Nike to Open New Larger Portland Airport Store
Nike, Inc. announced today it will open a new and larger Nike retail store at the PDX airport. The store, with almost 1,450 square feet of retail space, is scheduled to open in July 2004. The current Portland airport store, which is 828 square feet, will
Unifi Acquires Select Sara Lee Assets
Unifi has acquired the hosiery yarn and texturing assets of Sara Lee Branded Apparel and entered into a long-term agreement to become the hosiery manufacturer's nylon supplier. The deal will increase net sales in Unifi's nylon yarn division by o
