USA: Golf Apparel Firm Sport-Haley Has Rough Q3
Denver-based designer and marketer of men's and women's fashion golf apparel, Sport-Haley Inc, has posted a massive 279 per cent fall in third quarter profits from the year-ago period. The Colorado company said poor sales amid a weak global economy were to blame for a net loss of $320,000 for the quarter, compared to a net profit of $179,000 in 2001.