SGB Executive

180’s and EntreQuest Form Mentoring Program

180s and EntreQuest formed a corporate youth mentoring program — b4students Foundation. The mentoring program teaches self-improvement and business development skills to underserved, ‘at promise’ Baltimore city middle school and high school students. The

Carver Launches Sourcing Resource Group

Art Carver, a former footwear executive with Reebok, Global Sports and Vans, announced the formation of Sourcing Resource Group, Inc. The company, SRG, represents a group of footwear factories in China and the Philippines that manufacture for leading athl

Wilson Shakes Up Management Team Once Again

John Embree, VP of Sales for Wilson Golf and Racquet Sports, has resigned from Wilson after 17 years with the company. He will be replaced by Rick Kerpsack, previously Business Director of Tennis Balls. Additionally, Antoine Ballon, who is currently Mark

SGMA Raquetball Group Hires Coordinator

The racquetball industry is taking steps to increase its visibility. To achieve this objective, the SGMA’s Racquetball Manufacturers Council (RMC) has hired Dave George of San Bruno, California, as its Project Coordinator…

Skechers Sees Q3 Loss on Close-outs…

Skechers saw third quarter sales fall sharply, but the numbers were better than the company’s previous guidance due primarily to the company’s “aggressive approach” to reduce inventories that cut into margins and pushed the company into the loss column…

Sport Casuals Names Bua Sales Chief

Sport Casuals, Inc., the Private Label Apparel Design and Sourcing company, has appointed Jeff Bua as Senior Vice President of sales and business development…

Bob’s Should Emerge as a New Player…

The New England rumor mill has been forecasting the acquisition by TJX to save Bob’s Stores from the Kohl’s onslaught in the Northeast. TJX, parent to the familiar TJ Maxx and Marshall’s close-out stores, and the lesser-known HomeGoods, T.K. Maxx and A.J

K2 Gets Sales Benefit from Acquisitions, but Earnings Suffer…

K2, Inc. saw third quarter earnings in line with analysts’ estimates as the company reported a 140 increase in pro-forma diluted earnings per share based on the acquisition of Rawlings last year. The pro forma EPS figure was calculated at five cents for

Russell Looks Outside to Boost Artwear Business

Russell Corporation has elected Julio A. Barea SVP of the company and CEO for the domestic activewear business. Barea, who will officially join the company October 27, will be responsible for Russell's artwear and mass retail businesses. He will rep

Brunswick Q3 Net Income Surges 61% on 15% Sales Gain

Brunswick Corporation announced today a 58% increase in diluted earnings per share on a 15% sales gain and a 32% increase in operating earnings in the third quarter of 2003. Diluted earnings per share rose to $0.41 compared with $0.26 per diluted share f

K-Swiss Has Another Classic Quarter; Profits Up 85%

K-Swiss saw total worldwide revenues for the third quarter increase 49.0% to $121.6 million compared with $81.6 million in the prior-year period. Domestic revenues increased 52.6% to $105.5 million and international revenues increased 29.1% to $16.1 milli

Coastcast Narrows Q3 Loss on Lower Sales

Coastcast Corporation reported sales for the third quarter of 2003 were $11.0 million vs. $12.4 million. The net loss for the quarter was ($1.6 million) vs. ($4.6 million), and diluted loss per share was ($0.20) vs. ($0.60). Three directors have resigne

Wilson is Official Olympic Tennis Ball

Wilson will be the official tennis ball of the 2004 Olympic Games. The US Open Tournament Select tennis ball will be used in play for the eight day event August 15 – 22nd…

Amerex Adds Margolis as VP Special Projects

Amerex Group Inchas announced that former consultant to the company, Hank Margolis, has joined the firm as Director of Special Projects. Mr. Margolis will be working closely with Amerex Group Vice Chairman, Ira Ganger…