SGB Executive

West Marine June Comps Increase 1.8%

West Marine, Inc. reported that net sales for the five weeks ended July 3, 2004 were $102.7 million, a 4.3% increase over net sales of $98.4 million for the same five-week period a year ago. Comparable store net sales for June, 2004 increased 1.8% compare

adidas America Expands USD Partnership

adidas America and the University of San Diego have expanded and extended their multi- year partnership, effective immediately. The previous partnership dealt exclusively with the school's football program, which recently hired former NFL QB Jim Har

Holliday Rejoins Russell Corp. as VP IR

K. Roger Holliday has rejoined Russell Corporation as vice president of investor relations effective July 9. Holliday will be based in Atlanta and report to Eric Hoyle, interim CFO. Holliday originally joined Russell in 1986 as director of financial rela

Forzani Settles in Government Advertising Probe

The Forzani Group Ltd. has entered into a Consent Agreement with the Commissioner of Competition resolving the COC's concerns with respect to certain advertising at FGL's Sport Mart and Sport Chek stores. FGL, however, disagrees with the Compet

Sears to Test Schwinn Exercise Bikes

The Nautilus Group, Inc. is teaming up with Sears, Roebuck and Co. to begin a test of its Schwinn Fitness brand of cardiovascular equipment at select Sears locations nationwide. Nautilus will test market certain of its Schwinn fitness exercise bikes in 3

Datta Picks Up Entrpreneur of Year Award

Killick Datta, Chief Executive Officer of Global Brand Marketing, Inc. received the prestigious 2004 Ernst & Young Entrepreneur Of The Year Award. The award was presented during an evening celebration at the Beverly Hills Hilton, Los Angeles on June 29…

K2 Closes Marmot Deal; Completes Financing Actions

K2 Inc. has closed its previously announced acquisition of Marmot Mountain Ltd. The purchase price was approximately $84 million plus the assumption of debt. Additionally, K2 announced that it has completed several financing transactions to support curre

Trek, Maverick, and Pacific Settle Their Dispute

Maverick American, Pacific Cycle, and Trek Bicycle Corporation have resolved on amicable terms their lawsuits concerning alleged claims of patent infringement. In the lawsuits, Pacific Cycle asserted that Maverick American’s ML7 and Trek’s Klein Palomino

Axcent Sports Adds New Reps

Axcent Sports, the exclusive supplier of Descente Cycle, Run, Triathlon and Fitness apparel in the USA and Canada has added key sales reps in important territories over the last several weeks in preparation for its Spring 2005 product launch. Chris Watson

Deckers Gets Fortune Small Business Accolades

Deckers Outdoor Corporation has been named to the FSB 100, FORTUNE Small Business (FSB) magazine's list of the 100 fastest growing publicly traded small businesses in America. Deckers was the only footwear company to make the list, which appears in t

LaCrosse Picks Up $5.0 Million Military Boot Order

LaCrosse Footwear, Inc. announced that its Danner subsidiary received a $5.0 million GSA delivery order to supply boots to the U.S. military. The order will be for the Company's Desert Acadia boot, which is specifically designed to perform in desert

GSI Commerce Sites Get Top Ranking

GSI Commerce Inc. announced that its e-commerce platform was the leading choice among more of the Top 300 Web retailers in the U.S. than any other solution provider's platform, according to research published in June by Internet Retailer Magazine. W

West Marine Reduces Q2 Guidance on Weather Woes

West Marine, Inc. reported that sales for the second quarter would be approximately $252 million to $256 million, with comp store sales increasing approximately 4% to 5% for the quarter. The retailer said they have been negatively impacted by “unseasonab

Native Inks Deals with REI and Gander Mtn.

Native Eyewear will be doubling its store count with REI from 27 to 54 stores. The brand has also recently been rolled out to all stores of the premier outdoor retailer, Gander Mountain. The company says that the 'All Sports All Polarized' niche