Author: SGB Media

Luxotica Ups the Down Under Pressure on OPSM

August 1, 2003 SGB Update

Luxottica Group announced its final offer to purchase OPSM Group. The offer price of A$3.90 per OPSM Group share is final and will not be increased. The closing date for the offer will be extended by one week and is now scheduled to expire at 7:00 p.m. (S

Jantzen Taps KraftWorks for Branding Campaign

August 1, 2003 SGB Update

KraftWorks has been named agency of record for Jantzen Inc., a wholly owned subsidiary of Perry Ellis International Inc. Jantzen has tapped the agency to create a branding campaign for the company that will reposition the label as the casual lifestyle br

JJB Sports Fights Price Fixing Fine

August 1, 2003 SGB Update

JJB Sports PLC notes the decision of the Office of Fair Trading in its examination into allegations of price-fixing regarding replica football kits.

JJB is very disappointed that the OFT have found it to be guilty of price-fixing; a charge which it belie

Finish Line Airs Joint Nike Ad

August 1, 2003 SGB Update

The Finish Line announced the continuation of its marketing partnership with Nike as their latest cooperative television commercial breaks on national television this weekend. The commercial highlights that Finish Line carries the best selection of Nike S

JJB, Umbro Hit With Price Fixing Fines…

August 1, 2003 SGB Update

The U.K.’s Office of Fair Trading last week handed out over £18.6 million, or about $30 million, in fines to more than 10 businesses and the Manchester United club in the alleged price-fixing scheme for Umbro replica football (soccer) shirts. The OFT sai

Court Rules in Favor Of Nautilus

July 31, 2003 SGB Update

The Nautilus Group announced the United States District Court for the Western District of Washington ruled in favor of The Nautilus Group on a motion for preliminary injunction, and entered an order now barring ICON Health & Fitness, Inc. from using the m

K2, Inc. Adds Worth to Brand Stable

July 31, 2003 SGB Update

K2 announced that it has signed a letter of intent to acquire 100% of the stock of softball powerhouse Worth, Inc. The parties anticipate that the purchase price, which will not be disclosed, will be a combination of K2 common stock and cash, plus the as

Finish Line Opens 500th Store

July 31, 2003 SGB Executive SGB Update

The Finish Line will open its 500th retail store at the Mall of America on Friday, August 1, 2003. To celebrate the grand opening, Finish Line will give away 500 pairs of shoes to the first 500 customers in line…

Nugent Tapped to Head Ex Officio Merchandising

July 31, 2003 SGB Update

Ex Officio carved out a new senior management position focusing on merchandising and design. Pat Nugent will head up the overall product and inventory strategy, including management of product development, agent relationships, manufacturing strategy, and

The Walking Co. Starts Closing 29 Doors

July 31, 2003 SGB Update

Store closing sales have started at 29 Walking Company Stores. One store operating as Alan's Shoes in Tucson, Arizona is also closing. The United States Bankruptcy Court in California approved The Walking Company selection of Hilco Merchant Resourc

Russell Promotes Flowers to Human Resource SVP

July 31, 2003 SGB Update

The Board of Directors of Russell Corporation announced that Ed Flowers has been elected senior vice president of human resources. Flowers, who joined Russell earlier this month, will be responsible for the overall human resources function for the Corpor

Tender and Adventure Medical Kits Join Forces

July 30, 2003 SGB Executive

Oakland based Adventure Medical Kits announced that after a two year strategic distribution partnership, Tender Corporation, has invested in the 14-year old manufacturer of outdoor medical kits, safety supplies and information…

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