In August, the Bush administration and Forest Service officials dramatically reduced the government's assessment of how much recreation on national forest land contributes to the American economy, from nearly $111 billion to $11 billion. In response,
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Reebok Takes a Q3 Hit on Shift from Classics……
Reebok International Ltd. continues to find ways to post positive numbers on a quarterly basis. In the second quarter, the company capitalized on a combination of one-time charges in the prior-year period and the acquisition of The Hockey Company to gene
ICON Sees Better Metrics in Usual Ways; Still Can’t Turn Profit…
ICON Health & Fitness posted stronger top-line results for the company’s fiscal first quarter ended September 3, but an income tax benefit in the year-ago period offset an otherwise positive development in the loss for the period. The loss before taxes a
Mueller Continues Its Patent Infringement Fight…
Mueller Sports Medicine has won a patent infringement lawsuit against Houston-based SportStar Athletics, defending their No Glare Strips in a federal court in Madison, Wisc. The jury found SportStar’s infringing actions to be willful, thus entitling Muell
Pair Nabbed in Swoosh Heist…
Two men from Kansas City, Kan. have been indicted by a grand jury in a case involving a truckload of 5,500 Nike athletic shoes that were stolen on Feb. 25, 2003. Darrell Lawson, 49, and James Peoples, 42, are charged with conspiring together to possess st
LaCrosse Footwear Moves into New Portland Digs…
LaCrosse Footwear, Inc. announced that it has signed a long-term operating lease for a new 145,000 square foot building in Portland, which will house its corporate headquarters and the distribution center for its Danner products. Construction is scheduled
The Sportsman’s Guide Will Again Beat Guidance…
For the fourth quarter in a row, The Sportsman's Guide, Inc. has raised its guidance from previous estimates. Net sales for the quarter ended September 30 are now expected to be in the range of $61 million to $62 million, compared with net sales of
Escalade Sports Takes Hit from Decline in Sears Biz…
Escalade Inc. saw lower sales volumes for both of its business segment in the third quarter ended October 1, but the traditionally strong period for the Sporting Goods segment took a big hit as the company’s largest customer discontinued the sale of a key
10-K Notes: Stride Rite Q3 Details; Shuffling the Deck on the Saucony Management Team…
The Stride Rite Corporation filed its form 10-Q for the fiscal third quarter ended September 3, providing more sales and earnings detail for the individual brands and businesses under the corporate umbrella. As indicated in the preliminary release of Q3
Russell Corp. Stands Behind Chairman in Extended Deal…
Russell Corporation has extended the employment contract of chairman and CEO Jack Ward through at least March 2009. Mr. Ward will receive an annual base salary of $850,000, subject to annual review and potential increase, and also will be eligible to rec
Orange 21 Lowers Guidance; Acquires Manufacturer…
Orange 21 will purchase its Italian manufacturer, LEM S.r.l., subject to certain closing requirements. The purchase, several lawsuits, and a reduction in second half sales, have caused the company to restate guidance to the lower end of its previous estim
Timberland CIO, Brigham, Departs
The Timberland Co. confirmed that its CIO, Steve Brigham, will be leaving the company. His departure will be effective on October 31, 2005. Brigham succeeded Yusef Akyuz, who left Timberland in November 2000 to become CIO at The Stride Rite Corp. in Lexi
OBIT: Jim Weinstein
Jim Weinstein, 101, one of the original founders of the trade organization that became SIA, and four decades corporate counsel to the organization, died Oct. 20 in Woodstock, Vt. He also organized and ran the National Ski Credit Association, a credit repo
Lou Holtz Set to Open NSGA Management Conference
Lou Holtz will be the keynote speaker at the 42nd Annual NSGA Management Conference & 8th Annual Team Dealer Summit in San Antonio, Tx. Holtz will address more than 400 sporting goods industry leaders at the Conference/Summit’s opening session Monday, May
Sara Lee Apparel Will Become Hanesbrands
Sara Lee Branded Apparel announced that when its spin-off from Sara Lee Corporation is complete, the new company will be re-named as Hanesbrands Inc…
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