SGB Executive

Gatorade and Powerade Settle Ad Lawsuit

PepsiCo's Gatorade has reached an out-of-court settlement with Coca-Cola resolving the lawsuit filed on Monday in Chicago's U.S. District Court. The move follows Coca-Cola's agreement to immediately terminate the airing of one Powerade Opti

Reebok Recalls Bracelets Linked to Lead Poisoning

Reebok International has recalled about 300,000 Reebok Heart-Shaped Charm Bracelets. The recalled jewelry contains high levels of lead, posing a risk of lead poisoning and adverse health effects to young children. Reebok has received a report of a death c

Rossignol Inks Sports Drink License

Cobracrest AG & Co. signed a licensing deal for the trademark rights for the name “ROSSIGNOL” in relation to sport drinks. Acquisition of the trademark rights secures Cobracrest AG & Co. KG aA the rights to create a sport drink with the brand name ROSSIGN

Sheahan Named CEO and President of Patagonia

Casey Sheahan has been named CEO and President of The Lost Arrow Corporation, parent of outdoor apparel company Patagonia, Inc., effective March 20, 2006. Sheahan, who had previously served as New Business Director at Patagonia has also been added to the

Play it Again Parent Makes Executive Appointments

Winmark Corporation added two key positions to the Corporation. Catherine P. Heaven joins the Company as Associate General Counsel. Merry Beth Hovey joins the Company in the newly created position of Director of Marketing. In addition, Steven A. Murphy, V

Cabela’s Plans Adairsville, GA Store

Pending a vote on legislation before a committee of the Georgia General Assembly, Cabela's plans to open an approximately 165,000 square-foot retail showroom that could be completed as early as fall 2007 in Adairsville, Georgia. The store would be Ca

Mountain Hardwear Issues Partial Recall on Exodus Packs

Mountain Hardwear recently identified a potential flaw in the manufacturing process that could affect the yoke and waist belt on the new Exodus series of packs. In a number of packs the company noticed that the “loop” fabric that is laminated to the foam

Bernard Lacoste Passes Away

Bernard Lacoste, former president and honorary president of Lacoste S.A., passed away peacefully in Paris, on March 21, 2006, dut to a fatal brain hemorrhage following a serious illness which struck him in early 2005. This illness led him to transfer the

GSI Commerce Awarded $3.75 mm in Grants from PA

GSI Commerce Inc. received grants totaling approximately $3.75 million from the Commonwealth of Pennsylvania earmarked for economic development and employee job training. Approximately $3 million of the grants came from the Redevelopment Assistance Capita

Nike Sees Q3 Revenues Increase 9%; Net Jumps 19%

Nike, Inc. reported that third quarter revenues increased 9% to $3.6 billion from $3.3 billion for the same period last year. Currency exchange rate fluctuations reduced revenue growth by three percentage points. Net income grew 19% to $325.8 million from

Thule Launches New Rack-It Science Program

Thule is introducing the new 2006 Rack-it Science (RIS) sales training program. Thule will award the first 300 shop employees who complete the program with a limited edition Atlantis 1600 rooftop box – with a maximum of two boxes awarded per store locatio

Atomic and Joe Jones Host Ski Bash at Attitash

Atomic Ski will host the first-ever Joe Jones Atomic Ski Bash – a private ski day at Attitash Mountain for 1,500 of Joe Jones Ski and Sport’s closest friends. Headlining the Joe Jones Atomic Ski Bash on behalf of Atomic will be Olympian Bode Miller, who w

Nike and Google Launch Soccer Site

Nike and Google launched Joga.com, a website designed to give Soccer fans the chance to create a global online community for the world’s most popular sport. Available in 14 languages, joga.com (joga means “play” in Portuguese) enables users to create thei

Marmot Helps dZi Foundation With Pakistan Earthquake Victims

Marmot will match any individual or group donation to the dZi Foundation for the construction of 20 person shelters in the earthquake region of Bagh, Pakistan. The dZi Foundation, working in collaboration with Australian Aid International, has already sta

Perry Ellis Posts Record Year; Swimwear Hurts Sales

Perry Ellis International, Inc. saw record revenues of $849.4 million for the fiscal year, up 29.4% over the $656.6 million reported for the comparable period a year ago. The company's fiscal 2006 revenue includes a 30% increase due primarily to the