SGB Executive

Thule AB Acquired by U.K. Buyout Firm

Thule AB will be acquired by Candover Investments, a U.K. buyout firm, from current owner EQT Partners AB, a Stockholm- based buyout firm backed by the billionaire Wallenberg family. Thule AB was acquired by EQT Scandinavia II in 1999. The deal is repor

Bravo Completes Variflex Acquisition

Variflex, Inc. and Bravo Sports, a privately held leading global manufacturer and marketer of branded and OEM hard goods, components and accessories for the skateboard and in-line skating markets, announced that Bravo Sports has completed the acquisition

Royal Precision Taps Biviano for Tour Manager

Royal Precision has hired Mike Biviano of Phoenix, Ariz., as its new Manager of Tour Operations beginning. Formerly with Callaway Golf, Biviano has worked closely with PGA golfers for more than eight years, and his knowledge and experience is a tremendous

Columbia Signs Outdoor Accessories Licensee

Columbia Sportswear Company has signed a license agreement with Coast Cutlery for the design, manufacture and marketing of a line of outdoor accessories, including knives, multi-tools, compasses and LED lights. Additionally, hiking sticks, binoculars, fie

Saucony Sees Another Solid Quarter, But Futures Slow

Saucony, Inc. reported that net sales for the 2004 third quarter increased 32% to $42.3 million, compared to $32.0 million in the third quarter of 2003. Net income increased 59% to $3.4 million, compared to $2.2 million in the third quarter of 2003. Bac

Centerstone Hires Gates as New SVP

CenterStone Technologies, Inc., a Denver-based developer of Web software and services for managing sales orders, announces the addition of Terry Gates to its staff. Gates is the senior vice president of technology and is in charge of all engineering and

The Hockey Company Hires Coughlin as VP of Sales N.A.

The Hockey Company has appointed Jamie Coughlin to the position of Vice-President of Sales – North America for The Hockey Company. Most recently, Jamie was Senior Vice-President of Sales and Marketing for Igloo Vikski (Fisher, Swix, DR, and Ferland brands

Watermark Gives More Detail on Portland Move

WaterMark will be moving its headquarters to Portland, Oregon during the first quarter of 2005. Sales, marketing, Landsports product management, product development and demand planning will move into the new office during the first quarter of 2005, with f

Felt Extends Colavita Team Sponsorship Through 2006

Felt Racing has extended its 2004 sponsorship of the Colavita Olive Oil Pro Cycling Team through the end of 2006. With Felt, the Division III NJ-based team will be looking to build on the success it enjoyed in 2004 as it tackles a complete US pro calenda

WaterMark Moves to Portland; Maintains Smaller Presence in Arcata

WaterMark will relocate some of its business functions to Portland, Oregon, beginning in early 2005. The company will maintain a portion of its operations in Arcata in order to take advantage of ongoing efficiencies, and has renewed the lease on its Arca

Rocky Shoes and Boots Q3 Gains Fueled by Retailer Expansion…

Rocky Shoes & Boots is riding a two-tiered wave made up of increased military sales and aggressive expansion strategies among several key retail customers. RCKY third quarter sales increased 21.0% to $50.1 million in sales, with roughly 10%, or $5.1 mill

RockyMounts Relocates; Finds New Growth Opportunities

RockyMounts, the Boulder, CO based roof-top rack manufacturer has relocated its production to a new 5,200-square-foot facility to accommodate the growing business and make it easier to produce larger tandem products. A local paper is reporting that the co

Sierra Designs Parent Lowers Third Quarter Earnings Guidance…

Kellwood has lowered guidance for the third quarter and now expects net earnings to be in the range of $28.5 million, or approximately $1.00 per diluted share, which is roughly 12% below the guidance provided in August of $32.5 million, or $1.15 per share

Oakley Sees Soft Q3; Backlog Up 49% on ‘Thump’ Sales…

Oakley is counting on the success of its new ‘Thump’ sunglass/MP3 player and increased military sales to meet full-year 2004 guidance after posting a small 2.2% sales gain in the third quarter that was primarily fueled by its owned-retail business. Sungl