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And 1 Partners with High Life Apparel

January 29, 2006 SGB Executive

AND 1 has entered into a long-term apparel licensing agreement with High Life Apparel LLC. AND 1 apparel produced by High Life will be available at retail in late 2006. New York based High Life Apparel is a premiere global manufacturer, merchandiser and m

Brunswick Sees Acquisitions Help 13% Full Year Sales Gain

January 26, 2006 SGB Update

For the quarter ended Dec. 31, 2005, Brunswick Corp. reported that net sales increased 12% to $1,489.5 million, up from $1,333.8 million a year earlier. Net earnings rose to $88.3 million, or 90 cents per diluted share, up from $58.8 million, or 59 cents

LaCrosse Opens First Sourcing Office in China

January 26, 2006 SGB Update

LaCrosse Footwear, Inc. opened its first sourcing office. Located in Zhong Shan, China, the office is in the heart of the Pearl River Delta manufacturing district. The new location offers a number of key benefits including: reducing LaCrosse's produc

Warnaco Modifies Executive Responsiblities to Accomodate Acquisitions

January 26, 2006 SGB Update

Following the closing of the previously reported Calvin Klein jeans acquisition by Warnaco, the company has shifted responsibilities amongst its executive force with Frank Tworecke, Group President, Sportswear, assuming responsibility for all of the acqui

Gander Gets Class Action Dismissal…

January 26, 2006 SGB Update

The U.S. District Court in Minnesota has dismissed in its entirety and with prejudice the consolidated securities class action complaint filed against Gander Mountain Company and certain of its officers and directors. Plaintiffs have 30 days from the date

Yue Yuen Margins Take Another Hit in Fiscal 2005, But Retail Growth Helps…

January 26, 2006 SGB Update

Yue Yuen Industrial Holdings shrugged off the effects of higher costs for raw materials, increases in labor costs and the appreciation of the Yuan to post a 2.2% increase in net profit to $310.1 million for its fiscal full year ended September 30. The co

Kangol Partners with Stereo Sound Agency for Headwear

January 26, 2006 SGB Update

Kangol has joined forces with Stereo Skateboards, a.k.a. The Stereo Sound Agency, to release an exclusive line of headwear for SpringISummer '06.
Stereo Skateboards, founded in 1992, is the brainchild of skateboarder/artist Chris Pastras and
skateboa

Columbia Q4 Net Declines Despite 4.1% Sales Gain

January 26, 2006 SGB Update

Columbia Sportswear Company reported fourth quarter net sales of $314.1 million, an increase of 4.1% over net sales of $301.8 million for the same period of 2004. Net income for the quarter was $36.6 million, a 7.1% decrease compared to $39.4 million last

Gander Expects Big Q4 Sales and Earnings Jumps

January 26, 2006 SGB Update

Gander Mountain Company expects pretax income for the fiscal fourth quarter to be in the range of $21 million to $22 million, an increase of 20% to 25% over the fiscal fourth quarter of 2004. The company anticipates that sales for the quarter will total $

Finish Line Sees Q4 at Top End of Guidance

January 26, 2006 SGB Update

The Finish Line, Inc. reconfirmed guidance for the fourth quarter ending February 25, 2006 and announced sales and earnings guidance for the year ending March 3, 2007. The company had previously issued guidance for Q4 of a comparable sales gain of 1% to 2

ThirtyTwo Adds Foxy and Casselberry to Team

January 25, 2006 SGB Update

ThirtyTwo added two of the industry vets to their team, hiring Mike Fox as Product Line Manager and Todd Casselberry as Product Merchandising Manager. As Product Line Manager for ThirtyTwo, Fox’s responsibilities include all aspects of line conception, de

NRF Elects New Board Members

January 25, 2006 SGB Update

The National Retail Federation elected members of its Board of Directors during NRF’s 95th Annual Convention & EXPO in New York City. M. Farooq Kathwari, Chairman, President and CEO, Ethan Allen Interiors Inc., will succeed Arnold B. Zetcher as Chairman o

Lacrosse Industry Gives Gravante Muhlfelder Award

January 23, 2006 SGB Update

During the 2006 US Lacrosse Convention opening ceremonies, the Lacrosse Industry Council presented the inaugural James Leo Muhlfelder award to Tom Gravante, head coach at Mount St. Mary's. Named after the former President of deBeer Lacrosse and the f

ASR Sees Busy Opening Night Lead to Energetic Show

January 23, 2006 SGB Update

ASR springboards into the next quarter century with a bigger, busier show. From January 20-22, ASR brought summer and fall lines from the hottest emerging brands, strongest established brands, and spectacular special events to San Diego. Friday set the to

The State of the Industry 2006: Innovation Again Rules Supreme…

January 23, 2006 SGB Update

The Sporting Goods Manufacturers Association released their annual State of the Industry report at this week’s Super Show in Orlando, citing strength in the fashion end of the athletic footwear and apparel business and a stronger economy for the estimated