SGB Executive Outdoor
Gramicci Has Back Office and Sales Team Reorganized
Sole Assets Holdings, LLC, a Buxbaum Group affiliate that currently owns the Gramicci brand, has restructured Gramicci’s back office and all of its operations under the guidance of Arnold Rubenstein, the company's operations manager. Notably, Rubenst
Hibbett Renews Credit Facilities
Hibbett Sporting Goods, Inc. renewed its unsecured credit facilities through November 2006 with AmSouth Bank for a maximum of $15.0 million and with Bank of America, N.A., for a maximum of $10.0 million. The credit agreements take the form of two master n
Confluence Sells Trimaran Business
Confluence Holdings completed the sale of the assets of its WindRider trimaran sailing line to WindRider LLC registered in Plymouth, MN on October 7, 2005. Terms of the sale were undisclosed. WindRider LLC has acquired all WindRider assets, including the
Two Men Indicted for Theft of 5,000 Nike Shoes
Two men from Kansas City, Kansas have been indicted by a grand jury in a case involving a truckload of 5,000 stolen Nike athletic shoes. Darrell Lawson, 49, and James Peoples, 42, are charged with one count of conspiring together to possess stolen goods t
K2 Third Quarter Earnings Climb 26.5% on 2.1% Sales Increase
K2 Inc. net sales for the third quarter ended September 30, 2005 were $340.4 million versus $333.5 million in the prior year. GAAP diluted earnings per share were 32 cents in the third quarter of 2005 as compared to 26 cents for the third quarter of 2004.
Dick’s Sporting Goods Featured on ‘The Apprentice’
Dick's Sporting Goods will be one of this season's companies featured on NBC's hit reality show “The Apprentice.” The hour-long episode is scheduled to air on October 27th, and will challenge the two high-energy teams
to create an in-store
Sears Appoints New Executives to Team; Padilla Exits
Sears Holdings appointed a team of executives that will lead marketing, strategy, and Lands' End, reporting to Chairman of the Board Edward S. Lampert. Maureen McGuire will assume the position of EVP and chief marketing officer for Sears Holdings. Co
Timberland and Don Cheadle Team Up to Fight Genocide
Academy Award nominee Don Cheadle and The Timberland Company announced the creation of a limited edition “Save Darfur” boot, t-shirts, and hangtags to raise awareness of the crisis in the region and to inspire civic and political action to help stop the g
Zumiez Shareholders to Sell 1.85 Million Shares
Zumiez filed a registration statement with the Securities and Exchange Commission for a proposed offering of 1,850,000 shares of common stock. Selling shareholders will offer all 1,850,000 shares in the proposed offering, and none of the proceeds will go
Mueller Sports Wins Patent Infringement Suit
Mueller Sports Medicine has won a patent infringement lawsuit defending the company’s No Glare Strips. A federal court jury in Madison, Wisconsin recently ruled for Mueller against Houston-based SportStar Athletics, also finding SportStar’s actions to be
Intrawest Makes Several Personnel Moves
Intrawest Corporation announced that Gary Raymond will resign from his position as head of Intrawest Placemaking and will be replaced by Drew Stotesbury, chief financial officer of Intrawest Placemaking, on an interim basis. Intrawest also announced that
Extreme Shops Goes Offline With Ex Stores; Relaunches extremepie.com
Extreme Shops Ltd. is expanding from their online presence, extremepie.com into the world of brick and mortar with a chain of 30 shops planned for roll out across the UK. Extreme also announced the relaunch of their online presence on October 14th with a
adidas Reiterates Growth Projections; Sees Salomon Sale Approval ‘Soon’
adidas reiterated its forecast of 20% net income growth for the year and expects to see sales growth in the mid- to high-single-digit range, based on management presentations at the company’s annual investor conference held today in Herzogenaurach, German
Mountain Khakis Adds New Rep
Mountain Khakis added Ron Mosher to their national sales rep team. Mosher will handle sales and retail responsibilities in the Northwest. Mosher has an extensive background in and passion for the fly fishing industry, and has worked for major manufacture
JJB Sports Sees First Half Sales Drop 6.2%; Profit Falls 35.8%
JJB Sports, UK’s largest sports retailer, announced its interim results for the 26 weeks to 31 July 2005. Revenue Dropped 6.2% to £340.4 million ($637.6 mm). Operating Profit fell 35.8% to £17.6 million ($33.0 mm)…