SGB Executive

EMU Australia Forms Europe Subsidiary

EMU Australia will be taking over pan-European operations under the newly formed EMU Ridge Europe Gmbh. EMU Ridge Europe Gmbh will be headquartered in Hamburg, Germany as a wholly owned subsidiary of EMU Ridge Australia PTY LTD Aussie Corp. to market and

Ajay Sports to File Past 10-Q’s and K’s

Ajay Sports, Inc., which owns Pro Golf International, Inc., has announced plans to file all past due 10Qs and 10Ks required for years 2001, 2002, 2003 and YTD 2004. Management said they will focus on restructuring the company to improve the bottom line an

Obermeyer Launches Academic Incentive Program for Sponsored Athletes

Beginning this academic year, Sport Obermeyer will offer its sponsored athletes an Academic Incentive Program. Obermeyer athletes in grade school through college will now be able to participate and earn monetary rewards for exemplary performance in school

HEAD Racquet Sports Provides Relief for Florida Retailers

In light of the devastation caused by Hurricanes Charley and Frances and the potential result of Hurricane Ivan, HEAD/Penn Racquet Sports has announced it will provide its Florida retailers with relief on credit terms and interest charges. No interest wi

SIA and VERB Announce National Kid’s SnowSports Day

SnowSports Industries America (SIA) and VERB™, a national government funded kid’s marketing campaign, have created the first-ever VERB SnowSports Day on December 4, 2004. The event will take place in retail stores nationwide and will serve as a catalyst

NRF: August Saw Mixed Results at Retail

According to the National Retail Federation, August retail sales in the GAFS category, which includes most geneal merchandise sales, rose 2.0% over last year but dipped 0.4% over July. Sales at sporting goods, book, hobby, and music stores rose 1.4% adju

Saucony Moves to Tie Up Senior Management

Saucony Inc. filed papers on Tuesday indicating the company has entered into retention agreements with several officers as incentives to work through any possible change in ownership of the company. The agreements cover Michael Umana, COO/EVP/CFO; Micha

Lotto Worldwide Sales Increase 3% Led by Germany and France

Worldwide sales of Lotto products in the first six months of 2004 totaled €135.1 million ($166.0 mm), versus the €131.1 million ($144.9 mm) registered in 2003 (+3%).
Consolidated direct sales totaled €95.4 million ($116.1 mm), a 1% rise from 2003, while l

Foot Locker Inks Deal with Everlast

Foot Locker has inked a partnership with Everlast as the official retailer for the upcoming NBC series, “The Contender,” a new unscripted drama created by Mark Burnett Productions and DreamWorks…

Cabot Hosiery Mills launches ‘Darn Tough’ andHires Mkting Mgr.

Cabot Hosiery Mills has created the Darn Tough Vermont brand of All Weather Performance Socks. Cabot Hosiery Mills, with manufacturing facilities and offices located in Northern Vermont, is a family owned business that has over three generations of sock m

B.O.S.S. Has an EYE ON: Outdoor Divas…

In November of 2002 Kim Walker and Mike Callas took the final step after years of preparation and opened a new outdoor store on the Pearl Street Mall in Boulder, CO. Downtown Boulder already sported over a dozen sporting goods and outdoor stores, but just

Former Industry Execs Indicted in China Kickback Scheme…

A former Vans executive, Scott Brabson, and a Former Columbia Sportswear executive who was consulting for Vans, Jay Rosendahl, are facing a 13-count federal indictment for bribery, money laundering, and mail & wire fraud. The pair allegedly worked togethe

…As Dick’s Offers a Closer Look at the Galyan’s Deal…

Ed Stack, chairman and CEO of Dick’s Sporting Goods, also spent some time with investors at the Goldman Sachs conference, again reiterating that the retailer will continue its goal of achieving 15% of total sales coming from private label. Stack sees the

Columbia Reiterates Key Strategies…

Tim Boyle, president and CEO of Columbia Sportswear, presented his company’s business plan and future strategies at the 11th Annual Goldman Sachs Global Retail Conference held in New York City. Boyle opened with a bit of a history lesson, explaining the e