Author: SGB Media

Dick’s Completes Convertible Notes Offering

February 18, 2004 SGB Executive

Dick's Sporting Goods announced the completion of its private offering of $172.5 million issue price of 2.375% senior convertible notes due 2024. The company recently had announced the pricing of $155 million issue price of the notes. In connection w

GSI Posts Q4 Profit on 26% Revenue Increase

February 18, 2004 SGB Executive

GSI Commerce reported net revenues for the fourth quarter of fiscal 2003 increased 26% to $95.2 million compared to net revenues of $75.3 million for the Q4 2002. Net income was $2.7 million for Q4 of fiscal 2003, an improvement of $17.5 million compared

Honey Stinger Adds Reps

February 18, 2004 SGB Update

EN-R-G Foods, Inc. announced that it has hired the Flamand Sports Group to cover Honey Stinger outdoor accounts in Kentucky, West Virginia, North and South Carolina, Mississippi, Tennessee, Georgia and Florida.

Skiers Rally to Save Yellowstone

February 17, 2004 SGB Update

More than 100 skiers from around the nation gathered in Yellowstone National Park to speak out against Tuesday’s federal court ruling that again allows snowmobile use in the park…

Oakley Snags 2.7 Million Fake Products

February 17, 2004 SGB Update

In its ongoing campaign to identify and aggressively pursue violators of its protected designs and trademarks, Oakley, Inc. highlighted the results of its 2003 anti-counterfeiting efforts…

Keystone Calls the Youth Culture

February 17, 2004 SGB Update

Keystone Resort has teamed up with Jack Turner of Snow Monsters, Sports Illustrated for Kids, NBC Sports, Keystone Resort, Burton Snowboards and Nintendo, to find the next generation of extreme snow riders. In recent years, young athletes like Luke Mitran

Oakley Snags 2.7 Million Fake Products

February 17, 2004 SGB Update

In its ongoing campaign to identify and aggressively pursue violators of its protected designs and trademarks, Oakley, Inc. highlighted the results of its 2003 anti-counterfeiting efforts.

Huffy Q4 Loss Widens on Sales Decline; Will Make Gen-X Cuts

February 17, 2004 SGB Update

Huffy Corporation announced a net loss of $11.8 million or $0.74 per common share for the fourth quarter of 2003 compared to a loss of $4.2 million or $0.29 per common share reported in the fourth quarter of 2002. The loss from continuing operations was $

The Energy Comes Roaring Back in Footwear…

February 16, 2004 SGB Update

After comparing last February’s WSA show with a ghost town and characterizing the August event as more of a close-out inventory reverse auction than a trade show, we were pleasantly surprised to see the great energy coming from upbeat retailers and reinvi

Footstar Hints at BK to Jettison Debt…

February 16, 2004 SGB Update

Footstar’s sudden announcement last week that they may file for bankruptcy protection if they couldn’t sell off assets and/or get new financing had everyone scrambling on Thursday at the show. While we didn’t find any vendors that would readily admit tha

Mossimo Delays the Inevitable…

February 16, 2004 SGB Update

In June of last year, the Los Angeles Superior Court ruled that the finder's agreement between Cherokee Inc. and Mossimo Inc. was valid, ruling that Mossimomust pay Cherokee 15% of all monies received by MOSS from Target Stores pursuant to Mossimo&#0

Big 5 Sees a “Wonderful” Start in 2004…

February 16, 2004 SGB Update

Big 5 Sporting Goods is reportedly off to another good year after reporting its eighth straight year of comp store sales increase and its 32nd consecutive quarterly gain. Management characterized the start to 2004 as “wonderful” due to “favorable weather

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