Author: James Hartford

Bauer Nike Hockey Restructures U.S. Unit

September 10, 2003 SGB Executive SGB Update

Bauer Nike Hockey announced a restructuring of its U.S.-based sales and service network to further enhance its ability to serve major American markets and maximize retailer profitability. The realignment initiatives, which take place October 1, 2003, inc

Bauer Nike Hockey Makes Sales Changes

September 10, 2003 SGB Executive SGB Update

As part of the announced restructuring of its U.S.-based sales and service network, Bauer Nike Hockey has made a number of sales changes. Dedicated reps include Dan Hill in the New York Metro territory, Rob Badger in the Mid Atlantic territory, Ryan Puch

Cutter and Buck Posts Fiscal Q1 on Flat Sales

September 10, 2003 SGB Update

Cutter & Buck Inc. swung to a $1.1 million net income in the quarter year ended July 31, 2003 which includes $3.2 million pretax profit from our remaining wholesale business. It also includes $1.7 million pretax restatement expenses, including expenses to

Cutter and Buck Appoints Product Group Head

September 10, 2003 SGB Update

Cutter & Buck announced the appointment of Henry Fielding as Vice President and Manager of the Products Group. He will be responsible for the departments that develop the company's line plans and merchandising approaches, design and develop the prod

Callaway Appoints Penicka to Head Top-Flite

September 10, 2003 SGB Update

Callaway Golf Company announced that Bob Penicka will be appointed as President and Chief Operating Officer of Top-Flite(R) Golf Company, a wholly-owned subsidiary of Callaway Golf, upon the completion of the acquisition of Top-Flite's assets later t

Quiksilver Fiscal Q3 Profits Jump 35.2% on 44% Sales Gain

September 10, 2003 SGB Update

Quiksilver, Inc. announced consolidated revenues for the fiscal third quarter of fiscal 2003 ended July 31, 2003 increased 44% to $251.5 million. Consolidated net income for the quarter was $11.9 million, or 21 cents per diluted share, compared to $8.8 m

ProfitLogic Acquires Spotlight Solutions

September 10, 2003 SGB Update

ProfitLogic, whose suite of Merchandise Optimization solutions helps retailers make more profitable merchandising decisions, announced its acquisition of Spotlight Solutions, the number two player in the Merchandise Optimization market…

NRF Upset Over Senate Overtime Vote

September 10, 2003 SGB Update

The National Retail Federation expressed its extreme disappointment at the Senate's vote to block a badly needed Department of Labor update of the nation's overtime laws. NRF will continue to seek implementation of the update…

Footstar Athletic Merges Footaction and JFF Teams

September 10, 2003 SGB Update

Footstar has completed the consolidation of the Footaction and Just for Feet businesses under the Footstar Athletic umbrella. The two athletic ran separate merchandising, marketing and store operations organizations after combining their marketing, plann

Brunswick Settles Precor/Life Fitness Action

September 10, 2003 SGB Update

Amer Group Plc has recognized a gain of $23 million following the amicable settlement of a patent litigation case in the U.S. The Life Fitness division of Brunswick Corporation will pay the settlement amount in two annual installments in 2003 and 2004, i

Joy Files Chapter 11 as Factor Goes South

September 10, 2003 SGB Update

Joy Manufacturing filed for Chapter 11 bankruptcy protection Tuesday after the collapse of its factor, E.S. Bankest, left it unable to pay its bills, said Larry S. Schantz, the company's attorney in report in the Miami Herald. Schantz said in the r

Russell Corp. Issues Profit Warning for Q3

September 9, 2003 SGB Executive SGB Update

Russell Corporation revised its earnings expectations for the 2003-third quarter and 2003-fiscal year, primarily citing difficult conditions in the Artwear channel. The company now forecasts earnings for the 2003-third quarter ending October 5, 2003 to b

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