Variflex had another tough quarter, with sales declining 4.0% from $12.6 million in fiscal Q1 2003 to 12.1 million in fiscal Q1 2004 ended October 31. VFLX swung to a loss of $477,000. or 10 cents per share, compared to $11,000, or $0 per share LY…
Author: SGB Media
Spiegel Actions May Signal Renewed Focus on Bauer…
Spiegel is becoming more active with its management of their Eddie Bauer subsidiary, asking the judge overseeing their Chapter 11 bankruptcy for permission to close around 30 stores and open 17 new ones. This action may not bode well for LL Bean’s intere
Rocky Hits Wolverine with Stalker Suit…
Rocky Shoes & Boots and Wolverine Worldwide are duking it out over the “Stalker” brand name. Rocky last week sued Wolverine in Federal District Court in Columbus, OH, citing Wolverine’s use of the word “stalker” on a new line of hunting boots…
Brown Shoe Co. Escapes Big Lawsuit Hit; Exits Canada Factory…
In spite of several proactive initiatives to remedy an environmental impact problem in Colorado, Brown Shoe Company lost a lawsuit filed by Denver area residents. The plaintiffs had sought more than $380 million, including punitive damages, but the jury d
The White Weekend after Black Friday…
As the entire Northeast turned white under a blanket of snow last weekend, retailers from the fashion, electronics, and sporting goods sectors were reporting a disappointing outcome for the second biggest shopping weekend of the year. But outdoor retail a
Specialized Recalls Brake Rotors…
Specialized is recalling its 2004 “S-works Enduro and Enduro Expert” line of full suspension bikes due to potentially faulty disc brake tabs on the Fox forks which came standard on the bikes…
Joy Athletic’s Barnhill Indicted for Fraud
Jeffrey Barnhill, the founder and former president and director of the now-bankrupt Joy Athletic apparel company, has been indicted for fraud. Barnhill and other defendants allegedly falsified financial statements, created false invoices and checks, used
K-Swiss Will Execute 2 for 1 Stock Split…
K-Swiss Inc. stockholders have approved an increase of authorized shares of the Company's Class A and Class B Common Stock from 36 million and 10 million shares to 90 million and 18 million shares, respectively…
TAF Expands Franchise Footprint…
In a move seen by many as a broader strategic direction for The Athlete’s Foot, the company has completed an “area development agreement” with a Houston company that purchased TAF’s nine company-owned stores in the Houston area. The Odom Group, Inc. plan
InSport Awarded Navy SEAL Contract
InSport has been awarded a significant contract to meet the performance demands of the elite Navy SEALs. Under the contract, InSport will build the Navy SEAL’s next-generation combat clothing ensemble, known as the Protective Combat Uniform, or PCU.
Lu Rasmussen joines Precor
Fitness industry veteran Lu Rasmussen has joined Precor in
the newly created position of Director of Leasing. according to Precor VP of Commercial Sales Chris Torggler, Rasmussen has a directive to launch an ongoing, comprehensive leasing program that s
Dillards Increases Credit Facility to $1 billion
Dillard's has amended and extended its senior secured revolving credit facility. The amendments include an increase to the amount of the facility to $1 billion from the previous amount of $400 million…
MLB Selects GSI Commerce To Run Website
MLB Advanced Media has selected GSI Commerce as its new outsource provider to operate the e-commerce store located at MLB.com and the 30 official MLB Club websites…
Singing Rock Expands
Singing Rock office team expands with 2 new employees.Vojtech Dvorak will be joining the team as the world wide brand manager, and Jan Novotny joins product development as sourcing manager. Vojtech's area will cover grafic work, shop displays, sales
Cold Sports Distribution Inc. Fouded
Bruce Caslowitz and Blaise Rosenthal have formed Cold Sports Distribution Inc. Bruce has an experienced role in snowboarding as sales coordinator and Blaise is the founder of Millennium Three and a professional snowboarder…
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal