Category: Sports/Fitness

Peak Resorts Completes Mount Snow and Attitash Deal

April 5, 2007 SGB Update

Peak Resorts completed the purchase of Mount Snow and Attitash resorts from American Skiing Company. The sale agreement, originally announced on February 16, includes all properties and assets of Mount Snow and Attitash resorts, for a purchase price of $

Apparel Sales Story for 2006 Was About Performance…

April 2, 2007 SGB Update

While the women’s trend in sport footwear held the overall business in footwear in check last year, the reverse was true for the sports apparel business. Strength in the women’s sports apparel business, particularly in performance apparel, kept the overa

Stride Rite Sees More Keds Weakness Fiscal Q1…

April 2, 2007 SGB Update

The Stride Rite Corporation saw continued weakness in the Keds business cut into gains elsewhere for the company’s fiscal first quarter ended March 2. Net income growth still outpaced sales growth by a wide margin for the quarter, due in large part to a

Iconix Closes on Rocawear Acquisition

April 2, 2007 SGB Update

Iconix Brand Group, Inc. has completed the acquisition of the brand Rocawear. The purchase price for the transaction was $204 million in cash with contingent payments of an additional $35 million of Iconix stock based upon the brand surpassing certain pr

Delta Apparel Appoints Dr. Gatewood to Board of Directors

March 30, 2007 SGB Update

Delta Apparel, Inc. has elected Elizabeth J. Gatewood, Ph.D. to its board of directors. Dr. Gatewood is the Director of the University Office of Entrepreneurship & Liberal Arts at Wake Forest University, a position she has held since 2004. The Office of E

Golfsmith Names Hanaka as Chairman of Board

March 30, 2007 SGB Update

Golfsmith International Holdings, Inc. named Martin E. Hanaka as chairman of the board of directors. He replaces First Atlantic Capital, Ltd.'s Charles Shaw, who will retire from the board in May after serving as Golfsmith chairman since October 2002

Gildan Plans Five North American Factory Closures

March 27, 2007 SGB Update

Gildan Activewear Inc. plans to close its two remaining textile facilities in Montreal, Canada, as well as its cutting facility in Bombay, N.Y., in the fourth quarter of the current fiscal year. Two sewing facilities in Mexico, which are supplied with fab

REI Announces Board Election Results

March 27, 2007 SGB Update

Recreational Equipment, Inc. announced its 2007 board election results during its annual membership meeting held March 26. Cooperative members voted to return incumbents Anne Farrell and Tom Harville, and elected John Hamlin and Edward M. Schmults to thr

Finish Line Taps Nordstrom Exec for Chief Merchant Role

March 26, 2007 SGB Update

The Finish Line appointed Samuel Sato as EVP and chief merchandise officer of Finish Line. Sato will be responsible for all product lines for Finish Line stores and reports to Glenn Lyon, president. Lyon had been overseeing merchandising for the retailer.

Horizon Fitness Receives ISO 9001:2000 Certification

March 26, 2007 SGB Update

Horizon Fitness has received ISO 9001:2000 certification. To receive ISO 9001:2000 certification, Horizon Fitness underwent an extensive auditing process by a third-party registrar company. The review process, which took more than a year to prepare for, e

Converse Partners with Gap on RED Collection

March 26, 2007 SGB Update

Converse and Gap will unveil two limited edition Converse (PRODUCT) RED Chuck Taylor All Star shoes available exclusively at select Gap stores for Spring, beginning March 2007. This marks their second introduction of specialty retail shoes….

G.I. Joe’s Plans to Change Name To Joe’s

March 26, 2007 SGB Update

G.I. Joe's plans to change its name to Joe's. The name change will be effective, April 1. The name change surfaced in Oregon newspapers, but was confirmed by a call to G.I. Joe's offices in Wilsonville, OR. Exterior store signs have already

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