SGB Executive

Galyan’s Breaks Ground on New Corporate Offices

Galyan's Trading Company, Inc. announced today they would build a 100,000 square foot state-of-the-art corporate headquarters in Plainfield, IN in close proximity to their distribution center…

The Sports Authority Honors Vendor of the Year Award Recipients

The Sports Authority, Inc. has announced their 2002 Vendor of the Year Award recipients. The award recognizes outstanding vendor partners that took the business of sporting goods at the Sports Authority to a higher level in 2002. Vendor of the Year Awar

Warren Sapp Takes Game to Team Jordan

Jordan, a division of Nike, Inc., announced the addition of six-time Pro Bowl defensive tackle Warren Sapp to Team Jordan, the elite group of professional athletes hand-picked by Michael Jordan to represent the Jordan brand of footwear and apparel…

Variflex Fiscal Q3 Profits Jump 145% as Sales Climb 56%

Variflex, Inc. reported net sales of $21.3 million for the fiscal third quarter ended April 30, 2003 compared to $13.7 million for Q3 2002, an increase of 56%. VFLX also reported net income for the quarter of $1,338,000 or $0.29 per diluted share, compare

Aussie Apparel Announces 5 for 1 Forward Stock Split

Aussie Apparel, Inc. announced that its board of directors has approved a five-for-one forward stock split of the company's common stock. The forward split will be effective on Tuesday, May 27th, 2003 to the holders of record of Aussie Apparel'

Aussie Apparel Group Has Stock Symbol Change

Aussie Apparel Group Ltd. announced Tuesday that NASDAQ changed its new symbol from AAPR to “AASI.” The change was due to an inadvertent error at NASDAQ whereby the AAPR symbol just issued to the company apparently conflicts with the symbol of a NYSE comp

Airwalk Pulls the Plug on Sales Groups, Will License Brand…

The licensee becomes the licensor as the downturn in skate claimed its first major victim on Friday.
Tare7, the parent company to the airwalk and and andy mac skate brands, made the strategic decision to license its brands to either another manufact

Airwalk Parent Shuts Down Sales Org; Will License Brands

TARE7, parent company to the airwalk® (including genetic® airwalk skateboarding) and andy mac™ skate brands, and licensee for the ALPHANUMERIC™ footwear and ripzone® outerwear brands, announced that the company plans to pursue strategic licensing partners

Sports Authority Q1 Net income Shrinks as Sales Dip 4.0%

The Sports Authority, Inc. reported net income of $0.5 million or $0.01 per diluted share for the first quarter ended May 3, 2003, versus $1.7 million or $0.05 per diluted share for the first quarter of the prior year. Sales for the first quarter were $3

Icon Prevails in Nautilus Suit Over Crossbow

The United States District Court for the Western District of Washington sided with ICON on Wednesday in all matters before it, denying Nautilus' request for an injunction against ICON in continuing to sell the CROSSBOW and further ruling the CROSSBOW

Oakley and Luxottica Group Settle Litigation

Oakley, Inc. has settled two previously announced patent and intellectual property lawsuits pending against Luxottica Group S.p.A. and its subsidiaries. Neither party admitted to any wrongdoing in either case, and all claims and counterclaims were releas

Reebok Issues LeBron James Concession Speech

The following statement was released by Reebok mid-day Thursday after high school basketball phenom LeBron James signed an endorsement deal with Nike late Wednesday night:

While we believe LeBron James would have been a tremendous asset to

Kmart Promotes Dillon to VP/GMM Over Sporting Goods andToys

Kmart Management Corporation announced the promotions of Robert Atteberry and Joyce Dillon to Vice President and General Merchandise Manager, effective immediately. Dillon will oversee all merchandising functions for electronics, toys, sporting goods, se

Dick’s Sees Net Income Surge 41% on Higher GM; Comps Off 0.9%

Dick's Sporting Goods, Inc. net income for the first quarter increased 41% to $6.7 million, and increased 17% to $0.28 per diluted share, when compared to Q1 2002. On a pro-forma basis, net incomes was up 37% and EPS was up 27% due to the increased

Hibbett Q1 Net Income Jumps 24.6% as Comps Rise 4.5%

Hibbett Sporting Goods saw net sales for the first quarter increase 12.4% to $79.6 million, compared with $70.8 million for the year-ago quarter. Comps rose 4.5%.

Net income for the first quarter increased 24.6% to $5.3 million