Archive for March, 2013

THE AFTERMATH OF THE ELAN SNOWBOARD FACTORY’S BANKRUPTCY

March 29, 2013

By Mike Lewis This month marked the end of an era in the snowboard industry when Elan’s OEM Snowboard Factory in Furnitz, Austria declared bankruptcy and effectively shuttered its doors. Elan has turned out more than four million high-quality boards since it opened over 25 years ago in 1987, and the bankruptcy has left the factory, along with […]

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NIKE NET FROM CONTINUING OPS UP 16% ON STRONG NORTH AMERICA.

March 25, 2013

Showing there’s nothing like a home field advantage, Nike’s double-digit sales improvement in all segments of its North American business propelled the company in the quarter ended Feb. 28. Net income from continuing operations was 16% higher at $662 million versus $569 million. Counting gains from the sale of discontinued operations in Umbro and Cole […]

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Vail Resorts Retail Sales Up 13% in Quarter

March 11, 2013

March 7, 2013 Retail/rental revenues rose 13% or $9.9 million, to an implied $73.88 million for the three month ended Jan 31. The improvement was bolstered by a $2.3 million increase from online, Any Mountain stores near the company’s Tahoe resorts.  Meanwhile, retail sales from Colorado stores were essentially flat for the period as strong Holiday […]

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