SGB Apparel

HEAD Teams With 3point5 on Pro Deals

January 31, 2008 SGB Update

HEAD has partnered with retail training company 3point5.com to administer pro deal programs at specialty retailers. The partership induces Pros at HEAD retailers to study HEAD products on 3point5.com and take online tests to earn points which can be redee

Adidas to Buy Back 5% of Shares

January 30, 2008 SGB Update

Adidas AG launched a share buyback program of up to 5% of the company’s stock (up to 10,182,248 shares) effective immediately. At current market prices, the program represents an aggregate purchase price of up to € 420 million. Adidas AG intends to cancel

PacSun To Reduce Sneaker Sales

January 30, 2008 SGB Update

Pacific Sunwear has decided to reduce its dependence on the sneaker portion of its footwear business, but plans to continue to sell sandals, slippers and certain sneaker categories, it said. The company said the transition is expected to occur throughout

Russell Partners with NCAA Football

January 30, 2008 SGB Update

Russell Athletic has entered into a three year partnership agreement with NCAA Football to become the “Official Supplier of NCAA Football Youth Products.” As part of the deal, Russell Athletic has exclusive rights to utilize NCAA Football trademarks on pr

Nautilus Cancels Acquisition of China Factory

January 29, 2008 SGB Update

Nautilus Inc. said it has canceled plans to buy its largest contract manufacturer in Xiamen, China for $72 million in cash and stock. Nautilus said it likely will have to forfeit the $18.5 million nonrefundable deposit paid Land America Health & Fitness C

Non-profit Raises 57% of Budget at Thrift Shop

January 29, 2008 SGB Update

Trips for Kids raised $325,000, or 57 percent of its operating expenses last year through its Re-Cyclery Bicycle Thrift Shop in downtown San Rafael, Calif, the non-profit said. More than 100 companies donated products to its Re-Cyclery Bicycle Thrift shop

Nautilus Ends Shareholder Rights Plan

January 28, 2008 SGB Update

Nautilus, Inc. has terminated its Shareholder Rights Plan. Under the Plan, one right was distributed for each share of Nautilus common stock outstanding as of November 8, 2007. Effective the date of the Plan, any person or group acquiring 20% or more of t

University of Wisconsin-Madison Cancels New Era Contract

January 28, 2008 SGB Update

The University of Wisconsin-Madison has canceled a licensing contract with New Era Cap Co., citing allegations of discrimination and anti-union activity at one of its factories in Alabama. The company had made Wisconsin knit caps under the license…

Reebok’s Voss Joins Compliance Watchdog Group

January 28, 2008 SGB Update

Marianne Voss, senior manager of human rights programs at Reebok International, has assumed the role of Executive Director of the Fair Factories Clearinghouse (FFC), effective January 2008. She succeeds Kiku Loomis, who served in the position since 2005..

OIA and Outdoor Retailer Buddy Up in 15-Year Deal

January 28, 2008 SGB Update

Outdoor Industry Association and Nielsen Business Media, the parent company of the Outdoor Retailer tradeshow, seem to have put their differences behind them as the pair announced entering a 15-year strategic alliance. As part of the deal, Outdoor Retail

Golf Town Focuses Growth in Quebec Market…

January 28, 2008 SGB Update

Golf Town, based in Toronto, Ontario, plans to open five new stores in key markets throughout the Quebec region over the next twelve months. Established in 2002, Golf Town currently operates eight retail stores across Quebec and over forty stores Canada-w

Sport Supply Raises Guidance on 10% Q2 Sales Growth

January 28, 2008 SGB Update

Sport Supply Group, Inc. reported net income of 4 cents per diluted share for the fiscal second quarter ended Dec. 31, 2007. The record profit compared to a loss of 9 cents for the year-ago quarter. After posting the net gain, the company increased its ea

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