Author: James Hartford

Carver Launches Sourcing Resource Group

October 27, 2003 SGB Executive

Art Carver, a former footwear executive with Reebok, Global Sports and Vans, announced the formation of Sourcing Resource Group, Inc. The company, SRG, represents a group of footwear factories in China and the Philippines that manufacture for leading athl

Easton Sports Inks Deal with Hockey Canada

October 27, 2003 SGB Update

Easton Sports and Hockey Canada, governing body of the sport of hockey in Canada, announced a partnership wherein Easton will become an official equipment supplier of Hockey Canada through 2008. Agreeing to a comprehensive four-year deal, Easton will be

Wilson Shakes Up Management Team Once Again

October 27, 2003 SGB Executive SGB Update

John Embree, VP of Sales for Wilson Golf and Racquet Sports, has resigned from Wilson after 17 years with the company. He will be replaced by Rick Kerpsack, previously Business Director of Tennis Balls. Additionally, Antoine Ballon, who is currently Mark

SGMA Raquetball Group Hires Coordinator

October 27, 2003 SGB Executive SGB Update

The racquetball industry is taking steps to increase its visibility. To achieve this objective, the SGMA’s Racquetball Manufacturers Council (RMC) has hired Dave George of San Bruno, California, as its Project Coordinator…

Another Textile Giant to Emerge…

October 27, 2003 SGB Update

On the heels of Malden’s exit from Chapter 11, Burlington Industries creditors approved the acquisition of the company by takeover king WL Ross & Co. LLC, enabling the company to emerge from bankruptcy protection on November 10, 2003. The majority of cur

Fotoball Swings to Q3 Loss on 26% Sales Decline

October 24, 2003 SGB Update

Fotoball USA Inc. reported net sales for the third quarter of 2003 were $8.2 million with a net loss per diluted common share of ($0.01) versus third quarter of 2002 net sales of $11.1 million with a net income of $0.07 per diluted common share. The pre-t

Escalade Sports Sees 22% Q3 Sales Increase

October 24, 2003 SGB Update

Escalade, Inc. announced that net sales for the quarter third increased 42% to $73,660,000 and net income increased 48% to $6,125,000 or 95 cents per share versus 64 cents for the same quarter last year. Net sales at Escalade Sports increased 22% for the

Skechers Posts Q3 Loss as Sales Fall 15%

October 23, 2003 SGB Update

Skechers USA, Inc. announced net sales for the third quarter of 2003 totaled $221.8 million compared to $261.1 million in the third quarter of 2002. Net loss for the quarter was $5.9 million, or a 15 cents loss per diluted share, versus net earnings of $

Columbia Raises Guidance on Solid Q3 and Strong Futures

October 23, 2003 SGB Update

Columbia Sportswear Company saw third quarter net sales increase 12.6% to $373.4 million for the quarter ended September 30, 2003. Net income rose 11.8% for Q3 to $63.6 million, or $1.56 per diluted share, compared to $56.9 million, or $1.42 per diluted

Huffy Services Arm Changes Name

October 23, 2003 SGB Update

Huffy Corporation subsidiary, Huffy Service First, Inc., has changed its name to Huffy Service Solutions, Inc. (HSS) reflecting its diversified channel, customer and strategic focus…

Callaway Q3 Earnings Fall 71% on Sales Decline

October 23, 2003 SGB Update

Callaway Golf Company reported net sales for third quarter dipped 4.3% to $154 million. Foreign currency exchange rates positively impacted net sales for Q3 by approximately $3 million, resulting in a constant currency sales decline of 6.2%. Net income

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