Author: James Hartford

Reebok: adidas Deal Could Close Before Month-End

January 13, 2006 SGB Update

Reebok International Ltd., in order to comply with its obligation to provide notice of the proposed effective date of a merger under the terms of certain debt facilities, has filed with the respective trustee of each facility that the merger of the compan

Nike. Inc. Promotes Five to VP Positions

January 12, 2006 SGB Update

NIKE, Inc. has promoted five executives to vice president: David Heath, head of U.S. sales; Heidi O'Neill, head of U.S. apparel; Roland Paanakker, chief information officer; Nigel Powell, head of global communications; and Jill Stanton, head of appar

Rebel Sport Gets Nice Holiday Sales Lift

January 12, 2006 SGB Update

Rebel Sport Limited’s group statutory sales revenue for the half year ended December 31 increased by 13.5% to $183.9 million when compared to the year-ago period. The gain includes sales revenue from the Glue lifestyle stores. Sales on a same store basi

Stamminger Appointed President and CEO of Brand adidas

January 9, 2006 SGB Update

adidas-Salomon AG has appointed Erich Stamminger as President and CEO of the adidas brand with immediate effect. In this newly created function, Executive Board Member Erich Stamminger will be in charge of the adidas brand’s business worldwide and report

CenterStone Enters Golf Market with Indra Acquisition

January 9, 2006 SGB Update

CenterStone Technologies, Inc., an internationally recognized developer of Web-based sales order management software for vendors that sell consumer brands through specialty retail channels, today announced the purchase of the assets of former competitor,

Tomax Retail.net Hosted Retail Solutions Group Doubles

January 9, 2006 SGB Executive

Tomax Corporation is reporting a significant gain in the number of customers using its Retail Application Hosting Services. Tomax Retail.net customers can rely on the Tomax hosting services for complete application and environment management. Tomax expect

Paul Harrington Appointed President of Reebok Brand

January 9, 2006 SGB Update

Reebok International has named Paul Harrington as President and CEO of the Reebok brand, effective immediately. Harrington, 44, reports directly to Paul Fireman, Chairman and CEO of Reebok International Ltd. Fireman had been serving as acting president of

Volcom Announces Exercise of Over-Allotment Option

January 9, 2006 SGB Update

Volcom, Inc. announced that the underwriters of its previously announced common stock offering of 5,000,000 shares, which closed on December 9, 2005, have exercised in part their over-allotment option granted in connection with the offering and have purch

Big 5 Cuts Q4 EPS Guidance on Higher DC Expenses

January 9, 2006 SGB Update

Big 5 Sporting Goods Corporation reported that net sales for its 13-week fourth quarter ended January 1 were $217.1 million, versus net sales of $217.6 million for the 14-week fourth quarter of fiscal 2004. On a comparable 13-week basis for both fiscal 20

Li-Ning Inks First NBA Player Deal

January 9, 2006 SGB Executive

Li-Ning Sports Goods Co., Ltd. has signed Cleveland Cavaliers basketball star Damon Jones to an endorsement contract. With the signing, Jones becomes the first American NBA player to endorse and wear Chinese branded shoes and apparel. Li-Ning became an o

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