Author: Teresa Hartford

Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741

McCormick Takes Over as VP of Sales for Columbia

July 20, 2006 SGB Update

Michael W. McCormick tendered his resignation as Chief Marketing Officer of Golf Galaxy. McCormick will leave Golf Galaxy in order to assume the role of Vice President of Sales at Columbia Sportswear Company. Mr. McCormick joined GGXY in January 2003 and

Oakley Sees Record Q2 Sales; Net Income Slips

July 20, 2006 SGB Update

Oakley, Inc. saw second quarter net sales increase 19.4%, to a quarterly record $203.6 million, compared with $170.5 million in the same period of 2005. Net income for the quarter totaled $17.9 million, or 26 cents per diluted share, a decrease of 25.4% f

PEP Funding Kept Alive in Senate

July 20, 2006 SGB Update

The U.S. Senate kept alive funding hopes for the Carol M. White Physical Education Program (PEP). The Senate Appropriations Committee included higher funding than their House counterparts did for PEP in their Labor, Health and Human Services, and Educatio

Easton Sports Canada Adds VP Sales, Canada

July 20, 2006 SGB Update

Easton Sports Canada announced named Mike Quinn as Vice President of Sales, Canada. Quinn, who has performed various roles in sales and marketing during the past 14 years with Easton Sports Canada, will take over his duties immediately…

Sara Lee Corp. Plans Funding for Apparel Spin-Off

July 20, 2006 SGB Update

To finance the spin-off of its apparel business, Sara Lee Corporation approved a capital structure that will see Hanesbrands borrow $2.6 million help to establish the enterprise as a stand-alone, independent company. In connection with the spin-off, Sara

Yue Yuen Shareholders Acquire 30% Pau Yuen Stake

July 20, 2006 SGB Update

Selangor Gold entered into the Sale and Purchase Agreement with Rest Assured, conditionally acquiring 840,000 Pau Yuen shares, representing 30% of the total issued share capital of Pau Yuen, at a consideration of NT$20.0 million ($610,503). Rest Assured i

Eagle Nice Annual Revenues Up 15%; Net Income Down 18%

July 20, 2006 SGB Update

For the full fiscal year, revenue ofor the Eagle Nice group increased from HK$451.4 million ($57.9 mm) to approximately HK$519.3 million ($66.9 mm), an increase of approximately 15%. The gross profit margin of the Group was approximately 24% for the year,

RECALL: Lotus Designs Mildwater PFD

July 19, 2006 SGB Executive SGB Update

Lotus Designs, Inc., the paddling apparel manufacturer and an affiliate of Patagonia, Inc., is voluntarily recalling its Mildwater PFD. This style is also sold as the Fishing PFD and Patagonia Fishing Vest. The recall is issued due to the possibility that

NRF: Back To School Spending Expected to Surpass Last Year

July 19, 2006 SGB Update

According to the National Retail Federation’s (NRF) 2006 Back-to-School Consumer Intentions and Actions Survey, conducted by BIGresearch, families with school-aged children will be spending more on back-to-school shopping this year than last, with the ave

Sports, Inc. Hands Out Industry Awards

July 19, 2006 SGB Update

Sports, Inc. named its store, vendor and salesperson of the year. Bush-Wells Sporting Goods has been named the 2006 Sports, Inc. Store of the Year. SanMar has won the 2006 Sports, Inc. Vendor of the Year award. Bill McIver, Holloway National Sales Manage

Hot Chillys Signs On With Centerstone Technologies

July 19, 2006 SGB Update

Hot Chillys will begin using CenterStone Technologies, Inc. on-line business-to-business (B2B) sales order management software application in an agreement signed today. Hot Chillys will use CenterStone's iVendix on-line ordering tool for retail deale

Sole Tech Unveils Altamont Apparel

July 19, 2006 SGB Update

Sole Technology launched Altamont Apparel Ltd. set to hit select stores globally in October 2006, with Andrew Reynolds on board as design director. In addition to his role with Altamont Apparel, Reynolds is also the owner of Baker Skateboards…

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