Author: SGB Media

Gregory Hires New Southeast Sales Reps

January 15, 2004 SGB Update

Gregory Mountain Products has hired Ron Frongillo of Mountain 2 Sea Marketing to represent the brand in the Southeastern US. Ron will be replacing Bill Chandler’s Nomad, Inc…

Dahon Posts 28% Unit Sales Growth

January 15, 2004 SGB Update

Dahon California announced record sales results in 2003. Unit volumes increased by 28% compared to 2002. Dahon produced and sold an all time record high of 160,000 folding bicycles in 2003 compared to 125,000 units in 2002…

Noonan is Promoted to COO at Tecnica USA

January 15, 2004 SGB Update

Mike Noonan has been promoted to the position of COO of Tecnica USA and its subsidiary, Volkl Sport America. Noonan replaces John Stahler who will now assume the position of President and CEO of the Tecnica Group in the United States, which includes Tecni

Noonan is Promoted to COO at Tecnica USA

January 15, 2004 SGB Update

Mike Noonan has been promoted to the position of COO of Tecnica USA and its subsidiary, Volkl Sport America. Noonan replaces John Stahler who will now assume the position of President and CEO of the Tecnica Group in the United States, which includes Tecni

Vail Offers $350 million in Senior Notes

January 14, 2004 SGB Executive

Vail Resorts intends to offer, subject to market and other conditions, $350 million in aggregate principal amount of senior subordinated notes. The interest rate, offering price, ultimate aggregate principal amount and other terms of the notes are to be d

Dorel Acquires Pacific Cycles

January 13, 2004 SGB Update

Dorel Industries Ltd. is adding a significant new leg to
the Company's business by entering the bicycle industry through a major acquisition. The Company has signed a purchase agreement to acquire Wisconsin-based Pacific Cycle…

Oakley Opens O-Store in Chile

January 13, 2004 SGB Update

Oakley opened the first licensed O Store outside the United States and discussed the company's plans for additional international Oakley retail locations. This latest addition to the company's expanding retail presence opened December 10, 2003 i

Footlocker Ups Guidance on Positive Comps

January 13, 2004 SGB Update

Matthew D. Serra, President and CEO of Foot Locker provided attendees at The Super Show in Orlando, Florida with a review of the Company's key profitable growth strategies. Mr. Serra also confirmed that the Company expects its fourth quarter comparab

SRAM to Acquire Avid

January 13, 2004 SGB Update

SRAM Corporation has signed a Letter of Intent to purchase Avid LLC. This acquisition furthers SRAM’s goal of providing a full component group to the bike industry. SRAM and Avid are currently in the final phase of due diligence, with the closing expected

Retailers Win the Waiting Game with Consumers…

January 12, 2004 SGB Update

Retailers played a waiting game with consumers in December and ended up having the best Holiday season in four years as a result. Thanks to tighter inventories, few retailers panicked and went into hyper markdown mode early as in seasons past…

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