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Nikwax Sees Upside in North America

August 7, 2006 SGB Update

Nikwax N.A. saw a Canadian sales increase of 18% during the first half of 2006 over the same period of 2005 and a 22% increase in the United States market for the first two quarters. Nikwax aftercare waterproofing products have continued to face increasin

Easton-Bell Takes Bike Business In-House

August 7, 2006 SGB Update

Easton-Bell Sports and Veltec Sports, Inc. have decided to end their distribution agreement and sales representatives of Easton-Bell Sports will take over Easton distribution effective September 1st. Veltec will continue selling Easton wheels and componen

Zumiez Posts Strong July Comps

August 7, 2006 SGB Update

Zumiez Inc. total net sales for the month increased 44.6% to $19.8 million from $13.7 million last year. The company's comparable store sales increased 8.4% for the four-week period on top of a 12.7% jump during last year’s month.
Comps were 12.4%,

Pacific Cycle Sees Inventory Reduction at Retail Impact Bottom Line; Looks Beyond Bikes…

August 7, 2006 SGB Update

Dorel’s recreational and leisure segment, which is made up almost entirely of Pacific Cycle, parent company to the Schwinn, Mongoose, and GT brands, saw a tough second quarter as mass merchant customers looked to reduce inventories and an excess Stingray

Riboud Resigns from Quik Board

August 7, 2006 SGB Update

According to a filing with the SEC, Franck Riboud has resigned from his position as a director of Quiksilver, Inc. The company expects that Mr. Riboud will continue to work with them on an advisory basis…

Cybex Names Ahearn as Treasurer and CAO

August 7, 2006 SGB Update

Cybex International, Inc. appointed James M. Ahearn as Treasurer and Chief Accounting Officer. Mr. Ahearn, 56, has been employed by Cybex for more than five years. He has served as Cybex’s Treasurer since 2003, prior to which Mr. Ahearn served as Cybex’s

Sara Lee Announces Date and Plans for Apparel Spin-Off

August 7, 2006 SGB Update

Sara Lee Corporation has finalized plans that will see its apparel division spun-off to create a stand-alone, publicly traded company called Hanesbrands Inc., whose shares are expected to begin trading on the New York Stock Exchange under the symbol “HBI,

NGF: June Round Down Slightly; YTD Still Up

August 4, 2006 SGB Update

According to the National Golf Foundation, rounds played in the U.S. fell 0.7% on a same-store basis in June 2006 vs. June 2005, but the YTD figure remained positive at up 3% over the same period last year. The eastern seaboard was particularly hard hit w

Gottschalks July Comps Slip 0.7%

August 3, 2006 SGB Update

Gottschalks Inc. saw July same store sales decrease 0.7% from the prior year. Total sales for the month decreased 0.5% to $43.3 million compared to total sales of $43.5 million in July 2005…

Obit: Belinda Edwards Passes On

August 3, 2006 SGB Update

On July 23rd Belinda Edwards, a great colleague, friend and soul of the snow industry passed away after a long and defiant battle against an undiagnosed form of cancer.

Known by most as ‘B’, her legacy in the snow industry began in 1987 as a designer at

Winter Trails Hits the Southeast

August 3, 2006 SGB Update

Sugar Mountain Ski Resort, an alpine ski and snowboard destination in the mountains of North Carolina, has been added as the southernmost venue on the east coast for Winter Trails, an international program that offers children and adults an opportunity to

Oliver Peoples Taps Schulte to Be New CEO

August 3, 2006 SGB Update

Oliver Peoples, wholly owned subsidiary of Oakley, Inc., appointed David Schulte as chief executive officer and president. Schulte brings more than 15 years of strategic operational, financial, marketing and retail experience to his new role and will repo