Category: Outdoor

Balance Designs Adds to Sales Team

January 5, 2004 SGB Update

Balance Designs, creators of the Vew-Do Balance Board and re-inventor of the concept, have added four reps to the sales team. Rich Anderson and Chris Putney will rep the line in New England, Todd Kerbs in Colorado-Utah-Wyoming and Jono Hicks in Norcal an

Athletic Footwear ASP’s on the Rise

January 4, 2004 SGB Update

With advances in average prices outnumbering declines two to one for the 22 categories of athletic and sports footwear surveyed by NSGA, the average price point for all footwear rose 1.1% in 2004. The average price rose to $39.32 in 2004 from $38.88 in 20

180’s Donates Eyewear to USMC in Contract Bid

December 29, 2003 SGB Update

180s is providing 1,000 pairs of its 180s Eyegear to the United States Marine Corps (USMC). After testing the 180s Eyegear earlier this year, the USMC requested to buy 1,000 pairs of the sunglasses. As a sign of support for the nation’s military, 180s

NYSE Suspends Trading of Footstar Shares

December 29, 2003 SGB Update

The New York Stock Exchange announced today that it determined that the common stock of Footstar Inc. – ticker symbol FTS – should be suspended immediately. Application to the Securities and Exchange Commission to delist the issue is pending the completio

TJX Completes Acquisition of Bob’s Stores

December 24, 2003 SGB Update

The TJX Companies, Inc. has completed its acquisition of Bob's Stores. TJX has purchased substantially all of the assets of Bob's Stores and its subsidiaries and assumed leases for 31 of Bob's Stores' locations, its office and warehou

GolfGear Announces Resignation Of Suspended CEO

December 24, 2003 SGB Update

On Dec. 18, 2003, pending completion of an investigation into possible violations of his employment contract and fiduciary duties, Donald A. Anderson tendered his resignation as a member of the Board of Directors of GolfGear International Inc. The follow

Martin’s Golf and Tennis Superstores Acquired

December 23, 2003 SGB Update

Golf and Tennis Pro Shop (GTPS) has entered into a letter of intent to acquire the three Martin's Golf and Tennis Superstores located in Myrtle Beach, South Carolina. This transaction is subject to the negotiation and completion of a definitive agree

Fanbuzz to Operate Celtics Online Store

December 23, 2003 SGB Update

The Boston Celtics has entered into an e-commerce agreement with FanBuzz. As part of the agreement, FanBuzz' services include Web site development, back-end fulfillment and customer care for the private-label Boston Celtics online store at www.celtic

Collegiate Pacific to Acquire Kesslers…

December 22, 2003 SGB Update

Kesslers Team Sports of Richmond, IN, the nation's largest independent team sporting goods distributor with annual revenues exceeding $30 million will join the Collegiate Pacific stable. Terms of the deal, which is expected to close in early 2004, w

Callaway Dominates Ashworth Growth …

December 22, 2003 SGB Update

Ashworth, Inc. reported fiscal fourth quarter net revenue for the company’s domestic segment increased 8.6% to $27.7 million from $25.5 million in the year-ago period. The international segment increased 15.4% to $4.5 million from $3.9 million. Full year

The Free Trade (Dis) Agreements…

December 22, 2003 SGB Update

Two separate trade agreements have been making news lately, the ten year old North American Trade Agreement and the brand new Central American Free Trade Agreement. Both treaties are said to strip away barriers to trade, eliminate tariffs, open markets, a

Vans Looks to Girl’s Biz for Growth…

December 22, 2003 SGB Update

Vans was bleeding red ink in fiscal Q2 regardless if they include the troubled skatepark business in their GAAP results or when look at their continuing “base business” that excludes the five skateparks that will close this year. The company appeared to

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