SGB Executive

ICON Narrows Fiscal Q2 Loss Despite Sales Decline

ICON Health & Fitness, Inc. reported net sales declined 6.4% to $265.4 million for the fiscal second quarter ended December 3, 2005, compared to $283.4 million for the prior-year period. ICON posted a $5.9 million net loss for the fiscal Q2 period, compa

Court Affirms $2.5 Million Judgment Against Cybex

Cybex International, Inc. announced that the Superior Court of Pennsylvania has affirmed the previously reported $2,452,783 judgment entered March 31, 2004 against the company in the Kirila v. Cybex International, Inc. litigation. Cybex said it continues

Factory Design Labs Promotes Three

Factory Design Labs has promoted a number of people to new positions. Jaxon Repp has been promoted to VP, Interactive Services. Kristin Tangye, who has been with Factory for 6 years, has been promoted to Account Director. Kalli Skov, was recently promot

Sport-Haley Settles SEC Civil Action

Sport-Haley, Inc. announced that the United States District Court for Colorado has entered a Final Judgment, pursuant to a settlement reached with the SEC to resolve the pending claims in the civil action brought against Sport-Haley and its former control

Class Action Against Gander Dismissed

Gander Mountain Company announced that the United States District Court for the District of Minnesota has dismissed in its entirety and with prejudice the consolidated securities class action complaint filed against the company and certain of its officers

Kahuna Creations Partners with Spider Murphy

Kahuna Creations has partnered with Spider
Murphy, legendary South African surfboard shaper, to create the perfect longboard. The Spider Murphy shaped Kahuna Longboard is created to provide the ultimate all around noserider that has good kick in the tail

Reebok Inaugurates New Montreal Office

Reebok officially inaugurated its new Montreal head office and Innovation Center on Tuesday. Located in the borough of Saint-Laurent, the newly constructed Reebok headquarters occupies 350,000 total square feet and it is the new home to both, Reebok Cana

WSA and Shanley to Host Footwear Forum

WSA will present the first annual Global Strategic Footwear Forum, with Susquehanna Financial Group LLLP, based in Bala Cynwyd, Pennsylvania. John Shanley, senior equity research analyst for Susquehanna, will moderate a powerful lineup of footwear industr

Karhu’s 7TM Power Named Official Binding of U.S. Telemark Team

Karhu was recently named the official binding supplier for the United States Telemark Ski Team. Karhu’s 7tm Power Binding was selected as the official binding based on the team’s desire for an extremely high performance, active binding and the need to pro

Northwave Adds to Rep Force

Northwave North America added to its sales force with Eric Bouvet taking over So Cal, David Jacopetti representing North Cal, and Glenn Innes holding down the Ontario region…

Quiksilver Signs Lease on Mira Loma Warehouse

Quiksilver Inc. signed a lease for a 683,000-square-foot warehouse in Mira Loma to accommodate its growing business. Expected to be completed in the summer, the Mira Loma facility will operate in support of Quik’s Roxy and Quiksilver footwear to the new w

GSI Outdoors Acquires Thrive…

GSI Outdoors acquired a start-up company that designs outdoor cutlery, Thrive. The new addition to GSI’s portfolio will be trademarked, marketed, and distributed as a stand-alone brand under the GSI Outdoors umbrella. As par tof the deal, Mike Glavin, for

Jackson Kayaks Expands to Support Growth…

Jackson Kayak moved its manufacturing and warehouse facility under one 96,000 square foot roof in Sparta, TN just 13 miles from the old site, which consisted of a 700 square foot building and 8700 square foot warehouse. Jackson Kayak’s new home is in a bu