SGB Executive

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

Deckers Named to FSB Top 100 List

Deckers Outdoor Corporation has been named to the FSB 100, FORTUNE Small Business 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 the Ju

VF Corp. Completes Vans Deal; Murray Named President

VF Corporation has completed its merger between Vans and a subsidiary of VF for a total purchase price of $396 million including the cashout of stock options. As Vans is now a wholly-owned subsidiary of VF and each outstanding share of Vans stock has bee

Sears to Acquire 61 Stores From Kmart and Wal-Mart

Sears, Roebuck and Co. has agreed to acquire ownership or leasehold interest in up to 61 off-mall stores in key Sears markets from Kmart Holding Corporation and Wal-Mart Stores, Inc. for approximately $620 million in cash. The majority of the stores are

NSGA: State Participation Details Show Michigan as Most Active State

Among the 11 largest states, making up more than 56% of the U.S. population, residents of Michigan are the most active, according to an analysis of data contained in “Sports Participation in 2003 — State-by-State,” a report published annually by the NSGA

Cramer Names Christman as VP of Marketing

Cramer Products has appointed Edward Christman as the company’s new vice president of marketing. Christman leaves his post as senior merchandising manager at Bike Athletic Co. in Atlanta to take the position at Cramer, where he started on June 16. Christ

Kelty Hires New Rocky Mountain Rep

Kelty has added Zach Branson to their Rocky Mountain region sales representative team. Branson will operate as part of the rep force at R.J. Guiney Associates,
supporting retailers in Colorado, New Mexico, Eastern Wyoming and Eastern Utah. With 11 years o

Volant is Re-Born

Under the direction of its parent company Atomic Ski, the recently transformed Volant brand is ready to be reintroduced into the market. Announcing a select line of premium skis, Volant sets the stage for the debut of the world's first true luxury sk

Blumenthal Leaves IMBA for Bikes Belong

Tim Blumenthal, executive director of the International Mountain Bicycling Association (IMBA), has been picked from a pool of more than 500 applicants to lead The Bikes Belong Coalition. Bikes Belong is the industry trade group dedicated to putting more p

Columbia Nabs More Chinese Counterfeiters

Columbia Sportswear has again joined forces with Chinese authorities to raid factories producing counterfeit Columbia Sportswear apparel. The recent raids resulted in the seizure of more than 8,100 pieces of counterfeit sports apparel. Due to the large nu

Debonair Acquires Brand Name from Fruit

Debonair Sportswear completes acquisition of the Debonair trademark from Fruit of the Loom, Inc. for an undisclosed amount. The sale and assignment of the Debonair trademark on June 18th, 2004 is viewed as a goodwill gesture on the part of Fruit of the Lo

Sportsman’s Guide Acquires Golf Warehouse/TGW.com

The Sportsman's Guide, Inc. has acquired The Golf Warehouse, LLC, in an all cash transaction valued at approximately $30 million. A combination of available cash and an expanded bank credit facility will be used to finance the transaction, purchasin

Yue Yuen Plans to Acquire 9.9% of Luen Thai

Yue Yuen and Luen Thai jointly announced that Yue Yuen plans to become a strategic shareholder of Luen Thai by acquiring the new shares to be issued in Luen Thai’s Global Offering exercise. Upon completion of the share acquisition and the Global offering,