SGB Executive

Riddell Bell Holdings Posts Loss for 2004

Riddell Bell Holdings, Inc. reported net sales for 2004 increased 52.6% to $165.9 million, as compared to $108.7 million for 2003 on a pro forma basis. Approximately $47.5 million of the increase was a result of acquisitions including $45.4 million relate

Big 5 to Appeal Delisting Action by Nasdaq

Big 5 Sporting Goods Corporation reported late Friday that it received a notice that it is subject to delisting from the Nasdaq National Market due to the delayed filing of its Annual Report on Form 10-K with the SEC. Commencing Monday, April 11, Big 5 s

AND 1 Acquires Footwear License for Triple Five Soul

Seth Berger, CEO of basketball footwear and apparel company AND 1, announced the company’s first footwear license acquisition, Triple Five Soul. AND 1 will be handling the design, sales and marketing of the footwear for the Brooklyn-based lifestyle appar

Gander Boosts Net Income on SEC Clarification

Gander Mountain announced revisions to the fiscal 2004 financial results reported on March 11, 2005, and to the restated fiscal 2003 results reported on that date. Net income for fiscal 2004 increased to $1.6 million from $0.8 million as previously report

Exercise Walking Still Number One According to NSGA

Fueled by 4% growth in 2004, exercise walking, remains the No. 1 participation activity surveyed by the National Sporting Goods Association (NSGA), a position it has held for more than a decade. Data contained in NSGA’s annual “Sports Participation – Seri

ShopKo To Be Acquired For Over $1 Billion

ShopKo Stores, Inc. announced that it has signed a definitive merger agreement to be acquired by an affiliate of Minneapolis-based private equity investment firm Goldner Hawn Johnson & Morrison Incorporated in a transaction valued at slightly more than $1

Escalade Q1 Income Up 93%; Sales Down 13%

Escalade, Inc. announced that net income nearly doubled for the quarter, increasing 93% to $1.2 million or 9 cents per share as compared to 5 cents in the year ago quarter due in full to the turnaround of the office products operations. Net sales fell 13%

Spyder is Gearing Up to Triple Sales by 2010

Spyder Active Sports is preparing itself for strategic growth by adding key positions through a new hire and several promotions. Jake Jacobs, formerly vice president of merchandising, is now senior vice president of product. Kate Saunders, previously dire

Reebok’s ‘Popeye’ Ad Campaign Goes On-Demand

Starting next week, Reebok's fully integrated marketing campaign for “I Am What I Am,” will offer bonus footage through 'On Demand' TV including exclusive interviews with Allen Iverson, as well as Jay-Z and 50 Cent. Rbk partnered with Brigh

Ritchey Hires McMillan as Purchasing/Traffic manager

With the promotion of Maris Adamovics to head Product Development in Ritchey’s Asia office, U.S. General Manager Steve Parke had an important position to fill in the San Carlos, CA office. John McMillan was hired to fill this role. McMillan has a long his

Marmot Expands Merchandising Team

Megan Storm and Brien Teasley have joined the North American merchandising team at Marmot. Storm was formerly a merchandiser with G.I. Joe’s, and J. Jill apparel. Teasley was with several outdoor stores, including Neptune’s and Marmot Mountain Works, as w

Target Corp. March Comps Increase 8.2%

Target Corporation reported that its net retail sales from continuing operations, which is principally made up of Target Stores, increased 14.3% to $4.41 billion for the five weeks ended April 2 from $3.86 billion for the five-week period ended April 3, 2

Neiman Marcus March Comps Up 3.4% on Direct Strength

The Neiman Marcus Group, Inc. reported that total slaes for the month ended April 2 rose 2.2% to $350 million. Comparable store sales increased 3.4% on top of a 26.3% jump in Marhc last year. The Specialty Retail Stores segment, which includes Neiman Ma

May D.S. Comps Drop 10.8% in March

The May Department Stores net sales were $1.28 billion for the five-week period ended April 2, 2005, an 8.3% increase from $1.18 billion in the similar period last year. Store-for-store sales decreased 10.8%. Sales comparisons in March 2005 were adversely