Johnson Outdoors Q1 Results Tempered by Wolfskin Exit
Johnson Outdoors sales decreased 15% to $83.3 million and operating profit declined 26% to $6.1 million compared with last year's second quarter that included the Jack Wolfskin business. Income from continuing operations increased 10% to $4.3 millio
K-Swiss Q1 Earnings Up 41% on 44% Sales Gain; Backlog Surges 63%
K-Swiss Inc.reported that net earnings for the first quarter of 2003 increased 41.1% to $13.6 million, or $0.72 per diluted share, compared to the prior-year period. Total worldwide revenues increased 43.7% to $115.9 million compared with $80.7 million i
Reebok Q1 Net Income Up 9% as Sales Growth Slows
Reebok International Ltd. reported net income for the first quarter ended March 31, 2003 of $41 million, or $.63 per diluted share, an earnings per share increase of 9.0% when compared to Q1 last year. Net sales for the quarter were $798 million, an incr
GolfGear International Names Three New Sales Reps
GolfGear International has appointed three new sales reps, all veterans of the golf industry. Chris Holiday, senior vice president of sales and marketing, annonced the additions. Bill Blake will cover North Carolina, Ken Dudley will be responsible for C
Skechers Q1 Profits Plummet on Lower Sales, Higher Inventories
Skechers USA, Inc. reported net sales for the first quarter of 2003 totaled $208.6 million compared to $244.9 million in the first quarter of 2002. Net earnings for the quarter were $8.5 million versus $20.3 million in the first quarter of the prior year.
Columbia Q1 Profits Jump 66% on Strong Footwear, Sportswear Sales
Columbia Sportswear announced net sales of $168.9 million for the first quarter ended March 31, 2003, an increase of 17.9% over net sales of $143.3 million for the same period of 2002. COLM reported $14.9 million in net income for the quarter, a 65.6% in
Hibbett Promotes Kowal to Vice President
Hibbett Sporting Goods, Inc. announced Steve Kowal has been promoted to Vice President, Construction and Property Management. Mr. Kowal was previously Director of Construction and Property Management for HIBB…
Johnson Outdoors Inc. Receives $12 Million Delivery Order on D.O.D. Tents
Johnson Outdoors Inc. was awarded a $12 million delivery order for the production and delivery of 2,000 Modular General Purpose Tent Systems (MGPTS). The company was awarded the original MGPTS contract in September 1997 and continues to build tents and ac
Coastcast May Be Latest to Go Private
Coastcast Corporation reported that the Company's board of directors voted Thursday to establish a special committee of the board to consider whether it is in the Company's best interests to remain an independent publicly-traded company, and to
Luxottica Q1 Net Income Down 35% on 20% Sales Decline
Luxottica Group S.p.A. announced consolidated net sales for the first quarter of 2003 declined 20.0% to euro 704.5 million. Assuming constant exchange rates, consolidated net sales for the quarter would have declined by 6.6%. Wholesale sales declined 15
Shoe Carnival Issues Warning On Q1 Results
Shoe Carnival, Inc. has announced that due to lower customer traffic, sales for April and the first quarter ending May 3, 2003, are below previous expectations. Consequently, the Company has revised its sales and earnings expectations for the first quarte
GBMI Taps Robert Mangione to Lead Mecca Sales
Global Brand Marketing, Inc. has announced the appointment of Robert Mangione as National Sales Manager for Mecca Footwear. Mr. Mangione joins GBMI with over 15 years of marketing and sales management experience in the athletic footwear arena with positi
Saks, Inc. Appoints Two Parisian Execs
Saks Inc. has announced that David Doub and Kenneth Armstrong will join Parisian's senior management team on April 28, 2003. Doub has been named Senior Vice President/General Merchandise Manager of Ready-to-Wear for Parisian and Armstrong has been ap
adidas Forms New Cycling Unit
adidas-Salomon announced the formation of Mavic-adidas Cycling to manage the Group's road cycling and mountain biking activities in one operational unit. The new unit, Mavic-adidas Cycling, will be responsible for the design, marketing, sales and di
Rocky Halves Q1 Loss on Stronger Brand Sales
Rocky Shoes & Boots, Inc. reported the net loss for the three months ended March 31, 2003 decreased to $622,569, or $0.14 per diluted share, compared with a net loss of $1.2 million, or $0.27 per diluted share, for the same period last year. Net sales im