SGB Executive

Nautilus Group to Consolidate Marketing Activities with Interpublic

The Nautilus Group has appointed a number of Interpublic Group companies, led by Foote Cone & Belding (FCB), to manage a consolidated worldwide advertising and marketing program beginning the fourth quarter of 2004. The agency assignment will be led by t

Garmin Q3 Revenue Jumps 43%; Beats EPS Guidance by 13 Cents

Garmin posted record revenue and earnings for its third fiscal quarter ended September 25, 2004. Revenue increased 43% to $193.6 million from $135.6 million in the year-ago quarter. Net income was $67.1 million, or $0.62 diluted earnings per share, com

Skechers Swings to Q3 Profit on 16% Sales Increase

Skechers USA, Inc. reported that net sales for the third quarter of 2004 rose 16.2% to $257.7 million compared to $221.8 million in the third quarter of 2003. Net earnings for the quarter were $6.0 million, or 15 cents per diluted share, versus a net loss

American Skiing Compnay Cuts 2004 Net Loss in Half

American Skiing Company reported significant improvement from ongoing operations. It credited record financial results from its western resorts and effective costs control measures which mitigated adverse weather conditions at its eastern resorts. This an

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