SGB Executive

TNF Pledges Support to Leukemia and Lymphoma Society

The North Face will utilize its presenting sponsorship of the 2004 Western States 100-Mile Endurance Run to support The Leukemia & Lymphoma Society. The North Face athlete team members and ultra-marathon runners Dean Karnazes, 8 time race competitor, and

Dick’s/Galyans: Were You Really Surprised?

If you were surprised by Monday evening’s announcement regarding the Dick's Sporting Goods acquisition of Galyan’s Trading Company, you probably have not been reading between the lines for the last six months. After Dick’s failed in its attempt to qu

Atkins and Gevalia Settle with Bean

L.L.Bean has entered into settlement agreements with Gevalia Kaffe and Atkins Nutrionals to settle allegations that they illegally served pop-up advertisements on the llbean.com web site. On May 17, 2004, L.L.Bean filed suit against four companies — Nord

Terry Duran Joins SCOTT USA as S.E. Sales Manager

SCOTT USA has hired Terry Duran to the company’s bike group. Terry will be the sales manager for the Southeastern region. With 18 years of racing experience from track and category 2 racing to semi-pro Cross Country mountain biking, Terry’s passion has al

Peregrine Distribution Signs Deal with Aku

Peregrine Distribution Services, a division of Peregrine Outfitters has signed its newest client, AKU Trekking and Outdoor Footwear based in Montebelluna, Italy. According to Bob Olsen, President of PDS, the firm will provide warehousing, information serv

Zamberlan USA Appoints Mike Burns as Eastern Sales Manager

Zamberlan USA has appointed Mike Burns as Eastern Sales Manager. Burns will also serve as sales rep for the mid-atlantic territory. Burns has spent well over 30 years in the outdoor industry, with positions as National Sales Manager at Patagonia, Inc., Di

Stride Rite Shows Solid Improvement in Second Quarter

The Stride Rite Corporation's sales for the second quarter of fiscal 2004 increased 7% to $165.0 million from $154.3 million in fiscal 2003. Net income for the second quarter totaled $11.9 million or $.30 per diluted share, as compared to net income

Bluetorch to Acquire Island Tribe

Bluetorch has signed a letter of intent with Laguna Niguel, CA based Island Tribe Inc. to purchase a majority interest in the surf apparel brand. Bruce MacGregor, President and CEO of Bluetorch Inc. stated, “This is one of the freshest brands I have seen

Limited Brands Stake in Galyan’s to be Sold

As a part of the acquisition of Galyan's Trading Company, Inc. by Dick's Sporting Goods, Limited Brands' stake in Galyans will be sold at the transaction price of $16.75 per share. Limited Brands owns 3.9 million shares, or 22%, of Galyans

Dick’s Acquires Galyan’s in $362mm Deal

Dick's Sporting Goods and Galyan's Trading Company have entered into a definitive agreement and plan of merger for Dick's to acquire all of the issued and outstanding stock of Galyan's. Under the terms of the agreement, Galyan's s

Volkl Apparel Hires New U.S. Reps

After launching their apparel line in the US for 04/05, Völkl Performance Ski Wear has added two reps in the West to help build their sales force to six for 05/06. Tracy Ross will cover the states of Alaska, Idaho, Montana, Oregon and Washington. Represen

B.O.S.S. Goes One-On-One with Scott Montgomery…

Scott Montgomery was recently appointed General Manager of Scott USA Bicycle and will lead the effort to bring Scott bicycles to the U.S. market from Europe. He was most recently VP of Marketing for Cannondale. Scott started his career at Cannondale worki

Yue Yuen Sees Margins Tighten in Q2; Athletic Continues to Shrink…

Yue Yuen continued to diversify and reduce its dependence on the U.S. athletic footwear market. The first half of fiscal 2004 proved to be solid for the Hong Kong based manufacturer, with total company sales increasing 1.3% to $1.26 billion from $1.24 bil

Watermark is on the Prowl…

Watermark has decided to consolidate all of its warehousing and shipping through an outside contractor, Patterson Warehousing, based in Memphis Tennessee. The decision will close down Watermark’s two current DC’s in Piedmont, South Carolina and Otay, Cali