Teresa Hartford | Page 370 | SGB Media Online

Fitness Companies Get a Work-Out…

January 23, 2006 SGB Update

In back-to-back-to-back announcements, three of the industry’s leading fitness companies reported difficulties and setbacks that impacted earnings for the final months of 2005. Icon Health & Fitness, Cybex, and Nautilus all reported problems stemming from

Judge Dismisses “Sneakergate” Case…

January 23, 2006 SGB Update

A federal judge in Indianapolis has dismissed a lawsuit brought by Finish Line, Inc. that accused their chief rival, Foot Locker Inc. of stealing their employees. The judge ruled that FINL employees were not bound by any restrictive covenants keeping the

TOTAL RECALL

January 23, 2006 SGB Update

Syntace USA is recalling about 2,300 F99 (Force 99) Bicycle Handlebar Stems. The recalled bicycle stems can crack or break under normal conditions, causing the rider to fall and suffer serious injury.
Mizuno USA is recalling about 12,800 Mizuno “Gamer”

LaSportiva Italy Merges with U.S. Distributor…

January 23, 2006 SGB Update

La Sportiva's North American distribution operations have become part of La Sportiva Italy’s unified global distribution consortium. La Sportiva S.p.A. – the Italian parent company and manufacturer of the LaSportiva brand – and La Sportiva N.A., Inc.

Cloudveil Closes Denver Office; Expands Jackson

January 23, 2006 SGB Update

Cloudveil Mountain Works is closing its Denver office, which houses sales operations and customer service, and moving these functions to Jackson Hole Wyoming, where the current company headquarters is located. As a result of this relocation, the company i

Redfeather Snowshoes Acquired

January 23, 2006 SGB Update

ORC Industries has purchased Redfeather
Snowshoes as its first acquisition in the outdoor
recreation market. Financial terms of the
deal were not disclosed…

Unifi Q2 Sales Fall 7.7%; Loss Narrows…

January 23, 2006 SGB Update

Unifi, Inc. posted a net loss for the second
quarter, including discontinued operations, of
$3.8 million or 7 cents per share compared to
a net loss of $7.7 million or 15 cents per share
for the same period last year. Net sales from
continuing operations

Planet Dog Expands Philanthropic Efforts through New Foundation…

January 23, 2006 SGB Update

In order to expand their philanthropic program
nationally, Planet Dog has created the Planet
Dog Foundation (PDF). PDF will take the place
of Planet Dog Philanthropy (PDP), Planet Dog's
non-profit arm, and is the result of a refocused
mission and ref

TOTAL RECALL

January 23, 2006 SGB Update

After a series of posts on Rockclimbing.com
reminiscent of the Kryptonite-Bic fiasco, Colorado
Custom Hardware completed an investigation
and extensive testing of the company’s
sole product, the Alien….

CamelBak Gets a New CEO…

January 23, 2006 SGB Update

CamelBak Products has filled the corner office again, tapping J. Marty O’Donohue as CEO, O’Donohue, who is replacing Glenn Gross, after announced his retirement in 2005, holds both an undergraduate history/economics
degree and MBA from Stanford University

GBMI Appoints Singer as Director of US Sales for Nautica

January 23, 2006 SGB Update

Global Brand Marketing, Inc. appointed Dan Singer to Director of US Sales for Nautica. In this new position, Mr. Singer will oversee the expansion of the Nautica brand into department stores, independents and marine retailers. He will also be charged with

Unifi Sees Q2 Sales Down 7.7%

January 19, 2006 SGB Update

Unifi, Inc. saw net sales from continuing operations for the company's fiscal second quarter total $192.3 million, down $16.1 million or 7.7% from net sales of $208.4 million for the prior year quarter. The company posted a net loss for the second qu

Ashworth Delays Filing Annual Report

January 18, 2006 SGB Executive

Ashworth, Inc. filed a notification with the SEC requesting an extension of time to file its Annual Report on Form 10-K for the fiscal year ended October 31, 2005…

Realm Holdings Signs Japan License with Itochu

January 18, 2006 SGB Update

Realm Holdings, LLC, owner of The Realm trademarks, has signed an exclusive licensing contract with Itochu Corporation of Japan for distribution of Realm apparel and accessories in Japan. The company believes that through an expanded unified effort of The

adidas Partners with Baden Sports for Inflatables

January 18, 2006 SGB Update

adidas America has entered an exclusive manufacturing partnership with Baden Sports Inc. for Baden to develop, source, and produce all inflatables for adidas in the United States with the exception of soccer balls. All products will be designed by adidas