SGB Executive

Gretzky Inks Deal with Roots

Wayne Gretzky officially joined the Roots Athletics team this week just before leaving for Torino when he met with Roots Co-founders Michael Budman and Don Green in Toronto at Gretzky's Restaurant to launch the first stage in a major four-year collab

Sport Haley Settles Auditor Lawsuit

Sport-Haley, Inc. entered into a settlement agreement to resolve all pending claims between Sport-Haley and its former auditors. Pursuant to the terms of the settlement agreement and a sharing agreement between Sport-Haley and its director and officer lia

Lotto Expands into China; Inks Soccer Sponsorship

Lotto is expanding into the Chinese market through the new partnership with Scienward International Holdings. The two companies have incorporated a joint venture company, Lotto China Ltd. A sponsorship agreement between Lotto China Ltd and the Shenyang Ji

Hensley Brothers Return to Innes Clothing

After years of focusing on touring as a member of the band Flogging Molly, Matt Hensley has re-taken a “hands on” role at his skateboard clothing company Innes. His brother Chris also returns to help crank up the company they started together in 1996. See

Insight Adds New Marketing and Team Manager

Justin Reynolds has joined the Insight family as Marketing and Team Manager. He will share his knowledge of the skateboarding lifestyle as well as the streets where it was born. Justin grew up surfing the beaches of Southern California and has an underst

prAna Wind Power Lands Liz Claiborne on EPA Top 10 List

Liz Claiborne Inc. made the U.S. Environmental Protection Agency's list of Top 10 Retail Green Power Partners. Liz Claiborne Inc. is being recognized for its voluntary purchase of 25,000 megawatt-hours of green power to cover 100% of the electricity

Brass Eagle Recalls Paintball Markers

The U.S. Consumer Product Safety Commission, in cooperation with Brass Eagle, of Bentonville, Ark., announced a voluntary recall of roughly 243,000 “Blade Turbo” paintball markers and the “Paintball Breakout Players Kit.” Consumers should stop using recal

Prime Rate Changes Name to Summus Works

Prime Rate Investors, Inc. is changing their name and ticker symbol to Summus Works, Inc. after the company had previously invited shareholder suggestions. The word “summus” is the Latin root of “Summit” and means literally “the highest, uppermost, the to

NRF: Holiday Extend into January; Sales Up 7.6%

The holiday season extended into January for many retailers, as consumers flooded the stores with gift cards in-hand ready to take advantage of clearance sales. According to the NRF, retail industry sales for January excluding automobiles, gas stations, a

Volcom Q4 Earning Outpace Sales Gains of 35.8%

Volcom, Inc. fourth quarter revenues increased 35.8% to $41.2 million, compared with $30.4 million in the fourth quarter of 2004. Operating income for the fourth quarter of 2005 increased 45.7% to $9.3 million, compared with $6.4 million for the fourth qu

Collegiate Pacific Slips into Red on 95% Sales Increase

Collegiate Pacific Inc. announced a fiscal second quarter net loss of $971 thousand, or a loss of 10 cents fully-diluted EPS, compared to a net income of $581,000 last year. Sales increased 95.0% to $46.4 million compared to $23.8 million last year…

Keen Raises $13,000 for Conservation Alliance at ORWM

The Conservation Alliance raised $13,000 in under two hours at a fundraising event organized by Keen Footwear at the recent Outdoor Retailer Winter Market in Salt Lake City. The funds will support the Conservation Alliance’s efforts to protect wild places

CamelBak Donates Bottle Proceeds to Non-Profit Organizations

Boarding for Breast Cancer and the Outdoor Industry Association's Youth Outreach Program both received
individual donations from CamelBak this tradeshow season. A total of $11,000 was raised for the non-profits from sales of the new CamelBak Bottle

Acquisitions Boost Jarden’s Q4; Coleman Tops $125 million

Jarden Corporation fourth quarter net sales increased 312% to $975 million compared to $237 million for the same period last year. Net income for the fourth quarter increased to $2.5 million from a net loss of $3.4 million last year. Income available to c

Callaway Sues Acushnet Over Golf Ball Patents

Callaway Golf filed a patent infringement suit against Acushnet over its Titleist Pro V1 golf ball. Callaway alleges that the Pro V1 uses technology covered by four key patents that Callaway acquired when it purchased Top-Flite Golf out of bankruptcy in 2