SGB Executive

Razor Recalls Scooters Due to Two Defects

The U.S. Consumer Product Safety Commission Razor USA recalled about 246,000 electric scooters due to a weld which can break, and roughly 584,000 Razor USA PowMax Battery Chargers, manufactured by Leadman Electronic Co. Both items were manufactured in Chi

Snowboard Boot Category Manager — K2 Sports

K2 Sports, a leading provider of performance sports equipment is seeking a qualified Snowboard Boot Category Manager based at our world headquarters on Vashon Island, WA. This individual will manage the line assortment plan, functional and aestheti

Sew Cal Logo Acquires Action Shirts

Sew Cal Logo, Inc., a Southern California-based film wardrobe, hat, and surf wear manufacturing company, has acquired the assets of Action Shirts for cash and stock. The company, also known as “Hangtime,” has been a Huntington Beach icon since 1978…

Boa Tech Names Marty Carrigan as VP of Sales and Marketing

Boa Technology, Inc. announced the appointment of Marty Carrigan, as VP of sales and marketing. In his new role at Boa Technology Inc., Carrigan will be responsible for global sales and marketing efforts and driving Boa’s vision to be the worlds leader i

Forzani Posts Q1 Loss on 4.3% Comp Store Decline

The Forzani Group Ltd. reported that total revenue for the first quarter ended May 1 increased 4.2% to CN$238.2 million over the same period last year, due primarily to the acquisition of National Gym Clothing Limited on January 31, 2005. Corporate sote

Etonic Products Under One Roof Again…

Etonic will bring its running and walking division in-house and has tapped design consultant Martin Keen, the original designer of Keen footwear, to help design the new product. In a release, the company said that the shoes will begin shipping to retailer

Nike Goes After Alleged Counterfeiters in Florida…

Nike, Inc. filed suit against a Florida man and his partner in North Carolina for trademark infringement and counterfeiting. The suit, filed on May 27 in U.S. District Court in Tampa, Fla., alleges that Kevin Lance of Bradenton, Fla. and his company Lance

Rawlings Sues Nike for Basketball Patent Infringement…

Rawlings Sports Goods Company, Inc., now a subsidiary of K2 Inc., has filed suit against Nike, Inc. in U.S. District Court in Missouri for patent infringement. The claim, filed on May 27, is based on Nike’s alleged infringement of Rawlings’ patent for a

Finish Line Comp Growth Starts to Moderate in Q1…

The Finish Line got their biggest gains from the children’s and women’s business in the first quarter, while weakness in the licensed apparel category ate into gains in branded apparel and the total results for the retailer. Total net sales for the fisca

May Retail Mostly Shrugs Off Negative Influences…

It was déjà vu all over again at retail in May as unseasonably chilly spring weather and higher gas prices were again blamed for keeping growth in check in most channels. Once again, it was the luxury retailers and teen retailers that fared best for the

The Great Malls of China…

The International Herald Tribune is reporting that the retail environment in China is not growing steadily, but rather it is growing in leaps and bounds with new “mega-malls” opening at a rapid rate. Apparently, by the year 2010 seven of the world’s ten l

Exel Sustains Nordic Walking Funding…

Exel’s efforts at expanding the Nordic Walking market internationally have not yet shown an any dividends, but the company stated that it will continue to invest in this emerging market in both North America and China. The Finnish company’s Q1 interim rep

Lapierre and Accell Land on U.S. Soil…

Lapierre Cycles, a member of Accell Group, opened a branch office in North America, and plans on distributing a complete line of road and mountain bikes starting in October 2005 at Interbike. After an investigative trip to the States in April for the Sea

Lafuma Takes Control of Oxbow…

Lafuma has completed its initial acquisition of Oxbow from the majority shareholder, Teahupoo, gaining 63.7% ownership of the company. Lafuma will now submit a draft standing offer at a price of €10.75 per OXBOW share cum-dividend and as a result OXBOW’s