SGB Executive

Next Inc. Secures $10 Million Equity Line

Next Inc. has signed a $10 million equity line with Boston-based Dutchess Private Equities Fund, LP. According to the company, the funds will be used as needed for working capital and synergistic and profitable acquisitions. Under the terms of the agreem

New TSA Beats Own Q4 EPS Estimate; Comps Up 0.2%

The New Sports Authority reported 2003 fourth quarter net income of $14.6 million, or 55 cents per diluted share. Excluding merger integration costs, Q4 net income was $28.3 million, or $1.08 per diluted share. The Gart and TSA businesses posted pro form

NSSRA Hires Roger Kahn as Director of Development

The National Ski & Snowboard Retailers Association is pleased to announce the appointment of Roger Kahn as Director of Development for the association. Kahn will work with NSSRA to identify issues of interest to all retailers and represent these issues to

Chain Store SnowSports Sales Up 1.8% for 2004

Overall sales at chain stores were up 1.8% in dollars to $378.4 million for August 2003 through January 2004 as compared to $371.8 million for the same period last season. This increase in sales can be attributed to the growing interest in Nordic and tele

Granite Gear Ads New Rep

Granite Gear announced the addition of Wade Windom to its sales force team as the representative supporting Texas, Louisiana, Oklahoma, Kansas, and Arkansas. Wade is the principal owner of Austin, Texas-based Windom Sales…

Yue Yuen Posts 35.8% Profit Increase for Q1

Yue Yuen Industrial Holdings Limited announced its unaudited consolidated results for the three months ended 31st December, 2003. Turnover and net profit increased year-on-year by 5.4% to US$644.7 million and
35.8% to US$93.9 million respectively…

Aguilar Exits Malden; Allen Assumes Top Sales Role

Malden Mills Industries, Inc. has announced that Executive Vice President of Sales and Marketing, Cesar Aguilar, has resigned his position after 27 years with the company. Jim Allen, Director of Sales North America, will be assuming Mr. Aguilar’s primary

Booth Creek Posts 2% Revenue Increase on 4.4% Skier Visit Increase

Booth Creek Ski Holdings announced results for the fiscal quarter ended Jan. 30, 2004. Resort operations revenues were $47.3 million for the fiscal quarter ended Jan. 30, 2004, an increase of $800,000, or 2%, from 2003 revenues. Total skier visits increas

Pittards Posts 8% Jump in Sales

Despite pressures from a declining U.S. dollar and economic turmoil as a result of the war in Iraq, Pittards plc announced an increase of more than 8% in turnover, or net sales, for the year ended 31 December 2003. Turnover increased to £85.4 million ($

The Buckle Announces Quarterly Dividend

The Buckle announced that at its quarterly meeting of the Board of Directors, held on March 15, 2004, the Board authorized a $.10 per share quarterly dividend payment to be paid to shareholders of record at the close of business on April 15, 2004, and pay

K2 Promotes O’Connor to Nat’l Sales Manager

K2 Snowboards promoted John O’Connor to national sales manager to oversee the brand’s U.S. accounts. Previously O’Connor worked as the snowboard category manager for all K2 SPORTS’ snowboard brands, including K2, Ride, 5150 and Morrow. John has worked in

FIT and SIA Release Design Winners

The Fashion Institute of Technology has recently received some red carpet treatment from the snow sports industry. FIT students were invited to participate in an outerwear design contest and display their entries at two major trade shows. Contestants rece

MontBell America Goes Online

MontBell America announced that it will offer online shopping for North America. In response to the growing demand for MontBell products, MontBell America has joined the click and mortar world with the addition of the new North American portion of montbel

Five Ten Adds New Midwestern Rep

Five Ten announced the addition of Brian Block to their independent sales force. Block will be in charge of Five Ten's Midwestern territory, including Minnesota, Indiana, Illinois, North Dakota, South Dakota, Iowa, Nebraska, Wisconsin and Michigan…