Author: James Hartford

Reebok Sees 30.5% Increase in Q3 Net Income; THC Helps

October 21, 2004 SGB Update

Reebok International Ltd. reported net income for the third quarter increased 30.5% to $82 million, or $1.36 per diluted share, compared to net income of $63 million, or 96 cents per diluted share, in the third quarter of 2003. Net sales for the 2004 thi

Huffy Corp. Receives Court Approval of Dip Financing

October 21, 2004 SGB Update

Huffy Corporation has received interim approval for certain of the Company's first day motions, including arrangements for up to $50 million in debtor-in-possession financing from Congress Financial Corporation to fund post-petition operating expense

Kellwood Warns on Q3, Full Year Sales and Earnings

October 21, 2004 SGB Update

Kellwood Company, parent company to American Recreation, now expects net earnings in the third quarter to be in the range of $28.5 million, or approximately $1.00 per diluted share, which is below the guidance provided in August of $32.5 million, or $1.15

Finish Line Announces Stock Split and Cash Dividend

October 21, 2004 SGB Update

The Finish Line, Inc. Board of Directors has declared a two- for-one split of the Company's Class A and Class B common stock. On November 17, 2004, stockholders will receive one additional share of common stock for each share of common stock they own

Marika Group Appoints Marks Vice President

October 21, 2004 SGB Update

The Marika Group has appointed Shelley Marks as Vice President. Previously, Marks spent more than 5 years at Jacques Moret as President of Etonic Apparel and President of Jockey Activewear, where both companies were licenses. Prior to Moret, Marks was Sa

Easton Partners with Licensing Firm to Expand Brand

October 20, 2004 SGB Update

Easton Sports has inked a partnership deal with Out Of The Box (OOTB), a full service company servicing licensors, licensees, retailers and inventors. The new relationship puts Easton in the hands of Jack Morrow, described by the comapny as “one of the l

Nike Names New VP of Corporate Responsibility

October 20, 2004 SGB Update

Nike, Inc. has appointed Hannah Jones, director of corporate responsibility for Nike's Europe, Middle East and Africa (EMEA) region for the past four years, to vice president of corporate responsibility. She succeeds Maria Eitel, who will become pres

Huffy Corp. Files for Chapter 11 Bankruptcy Protection

October 20, 2004 SGB Update

Huffy Corporation announced Wednesday that the company and all of its U.S. and Canadian subsidiaries have filed voluntary petitions for protection under Chapter 11 of the U.S. Bankruptcy Code. Huffy has received a commitment for $50 million in debtor-in-

Foot Locker Acquires 11 Stores in Ireland

October 20, 2004 SGB Update

Foot Locker, Inc. has purchased 11 stores in Ireland from the Champion Sports Group Limited. The transaction, which was effected through a wholly owned Foot Locker subsidiary, will enable the company to operate these stores under the Foot Locker brand. In

Champs Sports New Title Spnsor for Bowl Game

October 20, 2004 SGB Update

Champs Sports, a division of Foot Locker, Inc., and Florida Citrus Sports (FCS) have announced a partnership to present the Champs Sports Bowl in Orlando, Fla. The 2004 Champs Sports Bowl, formerly known as the Tangerine Bowl, will be played here on Decem

CenterStone Goes Global with New Stregic Partnership

October 19, 2004 SGB Update

CenterStone Technologies, Inc., a Denver-based developer of Web software and services for managing sales orders, has announced a strategic partnership with Pulpsport S.A., a European sales order management provider for the sports and fashion industries. T

Callaway Posts Q3 Loss on 16.4% Sales Drop

October 19, 2004 SGB Update

Callaway Golf Company reported third quarter net sales fell 16.4% to $128.5 million, resulting in a net loss of $35.9 million, or a net loss of 53 cents per fully diluted share. Included in both the net loss and fully diluted net loss per share were charg

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