Author: James Hartford

SGMA: U.S. Wholesale Market Saw 4% Increase in 2004

January 17, 2005 SGB Update

Manufacturer’s shipments of sporting goods in the U.S. rose 4% in 2004 to $52.1 billion, according to estimates by SGMA International. It was the largest percentage gain the industry has achieved since 1997, when wholesale sales rose 5.2%. SGMA expects

Spenco Medical Appoints New President

January 17, 2005 SGB Update

Spenco Medical Corporation has appointed David Morgart as President of the company. Morgart comes to Spenco with an extensive background in consumer packaged goods, with previous work history at Kimberly-Clark and, most recently, Coleman. Morgart will r

Vital Apparel Acquires ProMarX Specialties

January 17, 2005 SGB Update

Vital Apparel Group has reached agreement to purchase the assets of Promarx Specialties USA, Inc. Closing of the transaction is anticipated in early January 2005. The Promarx USA accessory line will become Vital Accessories and be marketed along with t

NRF Forecasts 3.5% Retail Growth for 2005

January 17, 2005 SGB Update

The National Retail Federation (NRF) released its 2005 forecast on Monday, predicting that GAFS sales, which includes most general merchandise categories, will increase 3.5% from last year. In its quarterly Retail Sales Outlook Report, released Monday at

Nautilus Responds to Icon’s Press Release

January 14, 2005 SGB Update

The Nautilus Group, Inc. on Friday responded to the January 13 press release issued by Icon Health and Fitness regarding a legal case involving it and The Nautilus Group in Salt Lake City, Utah. In order to correct certain misleading and inaccurate statem

Operations Coordinator — Axcent Sports

January 13, 2005 SGB Executive

Axcent Sports, licensee of Descente Athletic gear, is seeking a talented operations person to coordinate all purchasing and logistics activities of the company, including but not limited to issuing raw material and finished goods POs and then exped

Keys Fitness Acquires ICON’s Spa Division

January 13, 2005 SGB Update

Keys Fitness Products has finalized an agreement with ICON Health & Fitness to acquire that company's Image Spa division, the nation's 3rd largest manufacturer of self-contained home spas and related accessories. The agreement increases the gros

CROCS Footwear Appoints New CXO’s

January 13, 2005 SGB Update

CROCS Footwear has named Ron Snyder as the company's Chief Executive Officer and Caryn Ellison as its Chief Financial Officer. Snyder, who has been serving as the company's President, received the company's reigns from CROCS Founder George

Product Recall: Flow Snowbaord Bindings

January 13, 2005 SGB Update

Flow International Inc., in cooperation with the U.S. Consumer Product Safety Commission, announced the voluntary recall of about 6,000 snowboard bindings. The pin used to secure the rear snaplock lever to the bindings can bend or break. Flow Internati

ICON Wins Round in Ongoing Nautilus Fight

January 13, 2005 SGB Update

ICON Health & Fitness, Inc. reported Thursday that U.S. District Court granted ICON's motion for summary judgment that an advertising statement made by The Nautilus Group, Inc. relating to its Bowflex exercise machine was false. ICON said thatThe Co

Commerce Dept. Reports Very Strong Holiday Retail Season

January 13, 2005 SGB Update

A U.S. Commerce Department report of December retail sales in the GAFS category, which includes most general merchandise categories, jumped 6.4% over the previous year. Combined, November and December brought holiday sales growth to 5.7%, the strongest gr

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