SGB Executive

JC Penney Promotes Hicks to President/CMO

Ken Hicks has been promoted to President and Chief Merchandising Officer of JCPenney, reporting to Chairman and CEO Myron (Mike) Ullman. Hicks joined JCPenney as President and Chief Operating Officer of Stores and Merchandise Operations in 2002, after a c

Oakley Inc. Appoints New Board Member

Oakley, Inc. announced the January 1, 2005 appointment of Michael J. Puntoriero to the company's Board of Directors and to the Audit, Nominating and Corporate Governance Committees. Since July of 2004, Mr. Puntoriero has served as Vice President of

Fitness Leader Steve Block Passes Away

Steve Block, president and one of the founders of SPRI® Products, a leading distributor of rubber resistance exercise products and fitness accessories, passed away December 30, 2004, at the age of 68 after suffering a cerebral hemorrhage. Block was laid t

Ski Tops Adds Two Rep Groups to Sales Team

Ski Tops Brands, which includes the Chaos and Moon Shadow brands, has added two new rep groups to their team fo rthe comoing season. Roth Sports Sales, with Marty and Russ Roth, covers the six New England States. Stronge Trends (Lenore Stronge) will cove

Eider Expands Sales Team; Muller New West Regional

Eider, a leading maker of technical performance outerwear, is pleased to announce the recent appointments to its U.S. sales team. Philippe Muller, Eider's Rocky Mountain rep, has been appointed Western Sales Manager for Eider. Barry Galvin joins Eid

NSGA: Average Selling Price for Sneakers Up 1.1% in 2004

With advances in average prices outnumbering declines two to one for the 22 categories of athletic and sports footwear surveyed by NSGA, the average price point for all footwear rose 1.1% in 2004. The average price rose to $39.32 in 2004 from $38.88 in 20

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