Author: sportsoneauthor

Orange 21 Appoints Erik Darby as VP of Sales

June 11, 2009 SGB Update

Orange 21 Inc., the parent of Spy Optics, has hired Erik Darby as VP of sales. Effective immediately, Darby, a former director of sales at Converse, will direct all sales operations for the North American market…

Zumiez Enters Secured Credit Agreement with Wells Fargo

June 11, 2009 SGB Update

Zumiez has entered into a secured credit agreement with Wells Fargo HSBC Trade Bank, N.A., according to an 8-K form filed with the SEC. The credit agreement provides Zumiez with a senior revolving credit facility through Sept. 1, 2011 of up to $25.0 milli

Aetrex Forms Aetrex Canada

June 10, 2009 SGB Update

Aetrex Worldwide has announced the formation of Aetrex Canada, a new division of Aetrex Worldwide, Inc. Aetrex said the new division “reaffirms the company's commitment to the Canadian market and will enable Aetrex to provide retailers with better pr

Bakers Footwear Reports Q1 Sales Up on Comps Gain

June 9, 2009 SGB Update

Bakers Footwear Group, Inc. reported net sales for the first quarter ended May 2 increased 3.3% to $45.0 million from $43.5 million in the year ago period. Comparable store sales for the same period were up 4.8% as compared to a decrease of 11.1% in the y

Iconix Closes Common Stock Offering

June 9, 2009 SGB Update

Iconix Brand Group, Inc. announced the closing of the public offering of 11.5 million shares of its common stock at a price to the public of $15.00 per share, of which 800,000 shares were sold by certain selling stockholders named in the prospectus…

Callaway Golf Increases Size of Private Offering

June 9, 2009 SGB Update

Callaway Golf Company has priced and increased by $15 million its previously announced private offering of preferred stock. Callaway will issue $125 million principal amount of 7.50% Series B Cumulative Perpetual Convertible Preferred Stock, 1 cent par va

Outdoor Retail Sales Slip in May

June 8, 2009 SGB Update

The outdoor market in the U.S. slowed slightly in May after reporting a slight up-tick in April. While consumers are still looking for close-to-home recreation options, they may be looking to use their existing equipment instead of investing in new upgrad

ISO Product Recall Standard Scheduled for 2012 Launch

June 8, 2009 SGB Update

Early meetings of the ISO project committee that will develop an International Standard for consumer product recalls took place last month in Kuala Lumpur, Malaysia. The standard is dubbed “ISO/PC 240,” and the commission decided on a publication target f

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