SGB Executive

ShopKo May Comp Store Sales Down 3.1%

ShopKo Stores, Inc. reported consolidated sales for the four weeks ended May 31, 2003 decreased 3.2% to $244.2 million from $252.3 million during the same period last year. Consolidated comparable store sales decreased 3.1%.
The Company expects consolida

Forzani Fiscal Q1 Earnings Fall 57% on Weaker Comps

The Forzani Group Ltd. announced retail system sales for the first quarter of fiscal 2004 grew by 18.2% to $237.2 million compared to $200.8 million for the same period of the previous year. Total comparable store sales were up 2.6%. Corporate store comp

Former Wilson, Spalding Licensing Chief Launches Consulting Firm

Al Bender, Licensing Director for both the Spalding and Wilson sporting goods companies over the past 20 years, announces the formation of a marketing and licensing consulting company called The Catalyst Company [TCC], to assist sports brands and manufact

Grabber Names Marketing Coordinator

Grabber Performance Group announced the promotion of Steve Gingrich to Marketing Coordinator. Mr. Gingrich will be responsible for all aspects of marketing, advertising, sponsorship and promotions at GPG…

Elder-Beerman May Comps Dip 0.3%

Comparable store sales for The Elder-Beerman Stores Corp. increased 1.5% for the four weeks ended May 31, 2003 compared to the four weeks ended June 1, 2002. Total store sales decreased by 0.3% to $42.6 million versus the same period last year…

Pacific Trail to Run as Separate Operation

London Fog Industries will separate its three primary divisions–Pacific Trail, London Fog Trade and London Fog Factory Outlet Stores–into independently managed businesses. As FFI CEO, Bill Dragon will continue to direct and oversee all operations of th

Phoenix Will Report Q2 Charge Due to Shareholder Suit

Phoenix Footwear Group, Inc. has received a decision from the Superior Court in Penobscot County, Maine regarding the dissenting stockholders suit associated with Phoenix Footwear's March 2000 acquisition of the Penobscot Shoe Company. The Court det

Zevo Golf Loses Out to Bigger Companies

Zevo Golf's clubs were known for their distance but the company's marketing came up short. Outgunned by bigger companies with much bigger advertising budgets, the Temecula, CA maker of golf clubs, drivers and accessories found itself in the

Former Reebok Exec Named Dollar General Chaiman

Discount retail chain Dollar General Corp. on Monday said it named Chief Executive David Perdue as chairman, as expected. The former Reebok Brand president joined the company on April 2 as CEO and a member of the board…

Puma’s Major Shareholder Sells Entire Stake in Company

Shares at Puma AG fell as much as 10% in early trading on Monday after major shareholder, Monarchy/Regency Enterprises, put its entire 39% holding up for sale. Puma said it has no plans to look for another majority shareholder to replace the entertainmen

Gold Toe Manufacturing Temporarily Interrupted

Gold Toe Brands (formerly Great American Knitting Mills) on Monday reported that manufacturing of their socks in Mexico has been interrupted due to a fire at one of their suppliers. The company is confident that this interruption will have minimal impac

Callaway Settles with ‘Big Easy’ Knockoff Sellers

Callaway Golf Company announced that Shirley Tsou and GolfCo in Brea, California, as well as Alex Mowry and National Golf Liquidators of Oceanside and Anaheim, California, have agreed to a permanent injunction prohibiting them from selling “Big Easy” golf

Tropical Sells the Duck Head Brand to Goody’s

Tropical Sportswear Int'l Corporation announced has sold the Duck Head trademark to Goody's Family Clothing, Inc. for $4 million in cash. The purchase agreement provides that TSI will be able to continue to sell existing Duck Head inventory for

Piraino Resigns from GolfGear International Inc.

Michael A. Piraino has resigned as president, chief financial officer and director of GolfGear International Inc., to pursue other business interests, it was announced Monday by Peter Pocklington, chairman…

New Balance to License Socks to Moretz

New Balance Athletic Shoe, Inc. has signed a license agreement with Moretz Sports for performance socks.
Effective January, 2004, Moretz Sports will manufacture, market and distribute New Balance performance socks in association with the New Balance sales