Category: Outdoor

Oakley Settles Luxottica Suit…

June 2, 2003 SGB Update

For the second time in less than sixty days Oakley has been able to settle actions taken to protect its XYZ Sunglass Optic Patents. The company last week settled two patent and intellectual property suits that were pending against competitor/customer, Lu

Nautilus Appeals Loss in ICON Action…

June 2, 2003 SGB Update

The Nautilus Group, maker of the Bowflex fitness machine, will appeal a ruling last week that saw its motion for a preliminary injunction against rival fitness equipment maker ICON Health and Fitness, Inc. denied by the United States District Court in Was

Moir Named Wilson Golf Global Business Director

May 29, 2003 SGB Update

Wilson Sporting Goods has announced that Angus Moir, Wilson’s Business Director, Golf Europe has been appointed as Global Business Director, Wilson Golf, effective immediately. Angus will be responsible for leading the worldwide Wilson Sporting Goods gol

Golfsmith Acquires Assets of Zevo Golf

May 28, 2003 SGB Update

Golfsmith International Inc. announced Wednesday that it has acquired the assets of Temecula, Calif.-based Zevo Golf. The acquisition supports Golfsmith's strategy of delivering proprietary, mid-market golf clubs, accessories and apparel to consumer

New President Named of TJX Canadian Division

May 28, 2003 SGB Update

The TJX Companies, Inc. has announced that David Margolis will retire from active management of its Canadian division, Winners, effective June 27, 2003. Michael MacMillan, Winners' Executive Vice President, Merchandising and Planning, will assume th

GolfGear Q1 Loss Widens as Sales Increase 44%

May 28, 2003 SGB Update

GolfGear International Inc. reported net sales of $545,245 for the first quarter of 2003, a 44.3% increase over the $377,780 recorded for the same quarter last year. the company had a net loss applicable to common shareholders of $502,601 for the quarter

Phoenix Takes on Buffalo in San Diego…

May 26, 2003 SGB Update

Phoenix Footwear Group has signed a letter of intent to acquire H.S. Trask & Co., the Montana-based designer of men's casual boots and shoes started by former Reebok executive, Harrison Trask. Trask, who designs and develops footwear from buffalo an

Nike Nabs James in Endorsement War

May 22, 2003 SGB Update

LeBron James has signed a multiyear shoe and apparel deal with Nike for contract likely to approach $100 million.
A Nike spokesman confirmed late Wednesday night that the St. Vincent-St. Mary senior had agreed to a contract with the Swoosh, but said terms

Shoe Carnival Q1 Profits Dip 10% on 5.8% Sales Increase

May 15, 2003 SGB Update

Shoe Carnival, Inc. announced net earnings for the first quarter ended May 3, 2003 decreased 10% to $5.1 million as compared with net earnings of $5.7 million in the first quarter ended May 4, 2002. Diluted earnings per share decreased 11% to $.39 per sha

Everlast Q1 Profits Fall 96% as Sales Slide 21.5%

May 15, 2003 SGB Update

Everlast Worldwide Inc. reported net sales for its first quarter ended March 31, 2003 were $12,355,283 as compared to $15,734,596 reported in 2002. Net income available to common stockholders (after giving effect to the redeemable preferred stock dividen

Kohl’s Q1 Net Income Up 4.1% on 13.2% Sales Increase

May 15, 2003 SGB Update

Kohl's Corporation reported net sales for the first quarter were $2.1 billion, an increase of 13.2% over the same period a year ago. Net income for the quarter was $111 million, a 4.1% increase over the $107 million reported for the same quarter a ye

Oldham Promoted to RSM for Wilson Golf

May 14, 2003 SGB Update

Joe Oldham, formerly Territory Manager for Wilson Golf, has been promoted to the position of Western Regional Sales Manager, Wilson Golf & Racquet Sports. Oldham will focus specifically on golf accounts. In his new position, he will direct a staff of 1

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