SGB Executive

Gen-X Names Two Execs; Inks Field and Stream License

Gen-X Sports Inc., a wholly owned subsidiary of the Forzani Group Limited, announced that John Jensen has joined the company as SVP of Purchasing. Mr. Jensen brings twenty four years of experience in the footwear industry. Bill Dey has joined Gen-X as SVP

LaCrosse Q2 Sales are Flat; Back in the Red

For the second quarter of 2004, LaCrosse reported consolidated net sales of $18.6 million, up slightly from $18.58 million in the second quarter of 2003. consolidated net loss was $237,000, or $0.04 loss per share, in the second quarter of 2004, compared

Warnaco Swings to Profitability as Q2 Sales Climb 4.0%

The Warnaco Group second quarter net revenues increased to $332.1 million compared to $319.3 million for the second quarter of fiscal 2003. The Company saw solid revenue gains in both its Swimwear and Sportswear Groups, which were partially offset by a d

Big 5 Net Income Climbs 19% on 8.5% Sales Increase

Big 5 Sporting Goods second quarter, net sales increased 8.5% to $184.5 million from $170.1 million in the second quarter of fiscal 2003. Same store sales increased 3.9% versus the same quarter last year, representing the company's 34th consecutive

Boreal Terminates U.S. Distribution Agreement

Calzados Boreal has terminated their the US Distribution agreement between Boreal and The Ralph Libonati Company (RLC) by mutual agreement. Boreal would like to thank RLC for their work and dedication during the last two seasons and wishes the best to RLC

Warnaco Inks Deal to Acquire Ocean Pacific

The Warnaco Group has entered into a definitive agreement to acquire Ocean Pacific Apparel Corp. from Burlingame, California-based Doyle & Boissiere Fund I, LLC, for $40 million in cash and the assumption of $1 million in debt. The agreement also provides

John Georger Joins Felt Racing

John Georger will be joining Felt Racing as its East Coast General & Sales Manager. John comes to Felt with extensive bicycle industry experience, most recently as the National Sales Manager for Giant Bicycle. Prior to his tenure at Giant, John was East

Gildan Fiscal Q3 Earnings Rise 20% on 17% Sales Increase

Gildan Activewear reported record net earnings of U.S. $26.2 million or U.S. $0.88 per diluted share for the third quarter, up 20.2% and 20.5% from U.S. $21.8 million or U.S. $0.73 per diluted share a year ago. Sales in the quarter were U.S. $168.4 millio

Action Optics becomes Smith Action Optics

Smith Optics has decided to give its 'Action Optics' brand a name change. Beginning this fall, Action Optics will be called Smith Action Optics, and will become a premium polarized collection under the Smith brand. The new branding is intended

Cybex Nets $7.25 Million in Private Placement

Cybex International has entered into definitive agreements with new institutional investors for the sale of 2,430,000 shares of the Company's Common Stock, for aggregate gross proceeds of approximately $8.0 million. After commissions and offering exp

SGMA: Inline Still Leads Extreme Sports Participation

According to SGMA International's analysis of the current Superstudy® of Sports Participation, extreme sports are an established trend and here to stay. Inline skating led all extreme sports cateogories with 19.2 million par

Adams Golf Q2 Net Up 40% on Stronger Irons, Fairway Woods Sales

Adams Golf reported that total net sales increased 12.0% to $19.7 million for the three months ended June 30, 2004 from $17.6 million for the comparable period of 2003. Net sales of drivers decreased 8.8% to $3.1 million, while net sales of irons increase

Phoenix Swings to Q2 Profit on Flat Pro Forma Sales

Phoenix Footwear Group, Inc. reported that net sales for the second quarter ended June 26, 2004 increased 83.7% to $13.9 million from $7.6 million for the second quarter of 2003. Net sales for the current period include $134,000 of royalty income compared