SGB Executive

Ryno Industries Subsidiary Acquires Alcraft

Hazel Promotional Products, LLC, a subsidiary of Ryno Industries, Ltd., has signed a letter of intent to acquire certain assets of Alcraft, Inc. of Pawtucket, Rhode Island. Alcraft is a supplier of promotional products specializing in writing instruments,

Finish Line Misses Q3 Estimate, But Raises Q4 Guidance

The Finish Line, Inc. reported that net income, on a GAAP basis, third quarter ended November 27, 2004 was $2.3 million, or five cents per diluted share, a 25% increase versus four cents per diluted share. Analysts were looking for six cents a share for

Eider Hires True North Brand Group to Lead PR

Eider, a leading maker of performance outerwear in Europe, has selected True North Brand Group as its public relations agency of record. True North will assist Eider with media relations, marketing communications and other PR activities in the US…

Report: Quiksilver Making Bid for Skis Rossignol

Skis Rossignol shares jumped early on Monday after a French newspaper reported that Quiksilver Inc. was making a bid for the company. Rossignol is “a company we are looking at more closely, even though it is not the only possibility”, said Bernard Mariet

Russell Corp. Completes Acquisition of Brooks Sports

Russell Corporation has completed the acquisition, announced earlier this month, of Brooks Sports, Inc. for approximately $115 million cash. Fiscal- year 2004 sales for Brooks, which will operate as a subsidiary of Russell, are expected to be approximatel

Fake Lacoste Goods Seized in Puerto Rico Raids

Lacoste USA announced the seizure of counterfeit Lacoste apparel and other counterfeit Lacoste fashion items valued at more than $170,000 in raids it conducted at 21 locations across Puerto Rico. The counterfeit merchandise was seized from flea markets,

HEAD/Penn Makes New Year Appointments

HEAD/Penn Racquet Sports announced several strategic organizational changes for the New Year. Jennifer Parker has been appointed Business Manager for Penn, effective immediately. HEAD/Penn is also restructuring its sales territories. Former Eastern Regi

Reebok and Lifetime Ink Basketball Equipment Partnership

Reebok and Lifetime Products Inc. have signed a partnership to develop a collection of new RBK basketball systems, including in-ground and residential portable equipment, backboards and rims. In addition, in early 2005 Reebok will be producing its own li

Clarke Exits Nike Board; Perez Assumes Seat

Tom Clarke has resigned from the Nike Inc. Board of Directors. Mr. Clarke, 53, will continue to serve the company in his current role as president of New Business Ventures. Clarke's departure makes room on the Board for Nike's new president and

Brine to Sponsor College LaCrosse Invitational

Brine will be the official sponsor of the inaugural First 4, an elite NCAA lacrosse invitational created to showcase the top Division I men’s college lacrosse programs, on March 12, 2005 at the Home Depot Center in Los Angeles, CA. Brine’s two-year contra

GOB Sales at The Athlete’s Foot in Full Swing

Great American Group, one of the nation's leading asset management firms, has commenced the orderly liquidation for The Athlete's Foot. Recognized across the country as a leading athletic shoe retailer, Athlete's Foot stores began store-clo

Cabela’s Appoints New Board Member

Cabela's Incorporated announced that Theodore M. Armstrong has been appointed to Cabela's Board of Directors. Mr. Armstrong will also serve as a member of the Audit Committee and the Nominating and Corporate Governance Committee of the Board of

adidas-Salomon to Syndicate Credit Facility

adidas-Salomon has mandated an international banking syndicate to arrange an 800 million euro Revolving Credit Facility, which will serve as a replacement for the medium-term lines which the Group terminated in the summer of 2004. This measure will allow

Klein’s All Sports to Shutter All Doors…

Klein's All Sports, an Upstate New York regional sporting goods mainstay for 56 years, will be going out of business and closing its 12 stores in the near future. The sale of all inventory in all currently stores is underway and will continue until a

Giant and Merida Expect a Record 2004…

According to the China Economic News Service, Taiwan’s two largest bicycle manufacturers are posting record sales and profits this year. Last week BOSS reported that Taiwan exports were at an all time high in both units and value, with ASP’s climbing due