Sara Lee Corporation announced that it has entered into an exclusive negotiation period with an affiliate of Sun Capital Partners, Inc. regarding the sale of its branded apparel business in Europe. As the parties further their discussions, Sara Lee will c
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Cabela’s Negotiating Third Nebraska Store
Cabela's Incorporated announced that it is currently in negotiations to build one of its destination superstores in La Vista, Nebraska, part of the greater Omaha metro area. If ongoing negotiations for the project conclude successfully, Cabela's
Circle System Recaptalized by Gridiron Capital
Circle System Group announced that its management and Gridiron Capital, LLC, of New Canaan, CT have teamed up to recapitalize the company. This recapitalization provides Circle System with the capital to generate growth and also delivers the opportunity
NGF: August Rounds Played Down 0.3%
According to NGF, same store rounds played for the year-to-date period through August are down 0.8% from the same period last year. For the month of August, rounds played were also down, off 0.3% versus last year's August. With nearly two-thirds of
Burton President, Potdevin, Now CEO As Well
Burton's president Laurent Potdevin will assume the title of president and CEO, formalizing his role overseeing all Burton brands and shared services on a global level including Burton Snowboards, Gravis, R.E.D., ANON, Analog and The Program. Laurent
Timberland Taps Samsonite for Travel Gear
The Timberland Company and Samsonite Corporation announced an exclusive licensing agreement under which Samsonite, in collaboration with Timberland, will be responsible for strategy, design, manufacturing, and distribution of Timberland packs and travel g
Redfeather Brings Snowshoes to P.E. Classes
Redfeather Snowshoes announced that it has partnered with retailers nationwide to bring snowshoes to physical education teachers for use in their classes this upcoming winter season. This marks the fourth year that Redfeather and its retail partners have
Luxottica Group Increases Earnings Estimates
Luxottica Group S.p.A. has revised its earnings expectations for fiscal 2005. The company now expects to post earnings per share between euro 0.74 and euro 0.75, up from the previously announced EPS of between euro 0.68 and euro 0.70. This would reflect
Callaway Sees Initiatives Saving $70 Million Over Two Years; Sees Improving Q3
Callaway Golf Company announced that it is implementing several company-wide initiatives expected to improve business processes and reduce overall expenses by approximately $70 million over a two year period. $50 million to $60 million of the savings are
Golf Town Appoints VP of Business Pro Shop
Golf Town announced the appointment of Stephen Willwerth as vice president of Golf Town's Business Pro Shop. Mr. Willwerth's is charged with significantly growing Golf Town's national corporate promotion business. Mr. Willwerth is an entrep
Everlast Signs on For Contender Season 2
Everlast Worldwide Inc. announced that it will continue its strategic merchandise, licensing, and equity alliance and agreement with Contender Partners LLC, involving “The Contender,” the boxing-based reality television show which will air on ESPN in Apri
ISIS Appoints New Rocky Mountain Rep
ISIS For Women announced that Polly Tucker was appointed as the company's new independent sales representative for its Rocky Mountain regional territory. Tucker joined the team on September 20, 2005, replacing former representative, Erin Seabury, who
Hemptown Receives $1.4 million in Equity Financing
Hemptown Clothing Inc. announced the securing of $1.4 million of equity financing. $1.3 million will go to Hemptown's subsidiary, Crailar Fiber Technologies Inc., to be used to begin trials on its advanced natural fiber “Crailar”. The remainder of th
Gander Expands Credit Facility by $50 Million
Gander Mountain Company announced that it has expanded its credit facility with Fleet Retail Group, LLC, a Bank of America company. The facility was increased from $225 million to $275 million as permitted under the terms of the agreement, which was signe
SGMA: Wholesale U.S. Sporting Goods Sales Top $52.2 Billion for 2004
According SGMA International's Recreation Market Report, sales of sporting goods equipment, sports apparel, and athletic footwear at wholesale in the U.S. were $52.2 billion in 2004, up 4.2% over the 2003 mark. Equipment sales were also up for the y
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