Author: James Hartford

Luxottica Completes Cash Offer for OPSM Group

September 3, 2003 SGB Executive

Luxottica Group S.p.A. announced that its cash offer, through its wholly owned subsidiary Luxottica South Pacific Pty Limited, for all shares, options and performance rights of OPSM Group Limited was successfully completed and closed on September 2, 2003.

Huffy Corp. Makes Leadership Changes

September 3, 2003 SGB Executive SGB Update

Huffy Corporation announced that William Smith has been named President and General Manager of Huffy Bicycle Company. Additionallu the company named James Salter to the newly created position of President, New Business Development & Acquisition Financing

Hey Bob Bell!

September 3, 2003 SGB Update

We rush each day to report on the events of the industry that may make a difference to people working in the trade. But when a story hits so close to home it is difficult to report it as news, as something sensational, something to be sold. That is the

180s Appoints New CFO

September 3, 2003 SGB Update

180s, maker of innovative performance wear, has appointed Ted Galovan as Chief Financial Officer. Prior to joining 180s, Galovan was the Chief Financial Officer and Senior Vice-President of Business-Development for EAS, Inc…

Kmart Makes Executive Appointments

September 2, 2003 SGB Executive

Kmart Holding Corporation announced the hiring of Bruce Johnson, Senior Vice President, Supply Chain and Operations; Janet Kelly, Senior Vice President and Chief Administrative Officer; and Lisa Schultz, Senior Vice President and Chief Creative Officer.

Slazenger Golf Appoints New President/CEO

August 28, 2003 SGB Executive SGB Update

Slazenger Golf Products Company has appointed golf industry veteran Chris Daltorio as the new President and CEO, setting forth a new platform that will allow golfers across the nation to have greater access to Slazenger apparel, gloves and balls. Daltori

Rocky Appoints Board Member

August 28, 2003 SGB Update

Rocky Shoes & Boots, Inc. announced Harley E. Rouda, Jr., has been appointed to its Board of Directors. He is serving as a Class I Director and the term expires at the company's Annual Meeting of Shareholders in 2005.

Ashworth Fiscal Q3 Profits Up on 5% Revenue Increase

August 28, 2003 SGB Update

Ashworth Inc. announced consolidated net revenue for the third quarter ended July 31, 2003 increased 5.0% to $38.0 million as compared to $36.2 million for the third quarter of 2002. Consolidated third quarter net income was $2.1 million or $0.16 per dilu

Kellwood Q2 Net Income Jumps on 14% Sales Gain

August 28, 2003 SGB Update

Kellwood Company reported sales for the second quarter increased 14% to $527 million, versus $463 million last year due to the acquisition of Gerber Childrenswear on June 25, 2002, and the acquisition of Briggs on February 4, 2003. Net earnings for Q2 ju

Kmart Posts Fiscal Q2 Loss as Comps Slide 5.4%

August 28, 2003 SGB Update

Kmart Holding Corporation reported a net loss of $5 million, or ($0.06) per share, for the fiscal second quarter of 2003. Kmart Corporation reported a net loss of $293 million for the 13 weeks ended July 31, 2002. Net sales for the 13 weeks ended July 3

adidas Posts $135 million Bid for Top-Flite

August 28, 2003 SGB Update

The New York Post is reporting this morning that adidas-Salomon made a $135 million cash bid for Top-Flite Golf Company, topping the $125 million offer made by the appointed stalking horse, Callaway Golf Company.
The bids are part of the 363 asset sale

Nike Makes Five Senior Promotions

August 27, 2003 SGB Update

NIKE, Inc. announced the appointment of five executives to key posts. Tom Arndorfer has been appointed as Vice President and Chief Financial Officer of Nike USA; Jim Carter as Vice President, General Counsel; Adam Helfant as Vice President of U.S. Sports

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