SGB Executive

Augusta Sportswear Inc. is in the process of adding 30,000 square feet to its existing facility in Grovetown, GA. The expansion enables the company to add a new conveyor system that is expected to expedite order fulfillment and shipment.

Aussie Apparel Group Ltd. is further expanding its stable of action sports brands, announcing last week that it has signed a letter-of-intent with GBI to acquire the Bluetorch trademark and other intellectual property. Terms of the deal were not disclose

The issues that are plaguing VF Corporation appear to be a non-issue for The North Face, the conglomerate’s hot hand in it’s “Outdoor Coalition”. Last week, we reported that VFC was forced to revise its Q2 guidance downward on inventory hangovers…

In other news last week, Cutter & Buck said they will pay as much as $7 million to settle two shareholder lawsuits that were triggered by the restatement of its financial results. The suits were filed last year after new CEO Fran Conley reported that for

Cutter & Buck had a fairly active week last week, first announcing the settlement of its shareholder lawsuits, followed by a report that the company had reached an agreement with the SEC that would resolve its investigation, and finally ending with the re

Shares for the new Kmart Holding Corp. jumped 36.2% for the week to close at $25.20 on Friday after the reporting early in the week that the discounter had narrowed its Q1 losses amid lower comparable stores sales for the quarter…

Shares of Footstar rose nearly as much as 20% on Tuesday after the Wall Street Journal reported that some analysts and investors are betting recent concerns about the shoe retailer are exaggerated…

Sport Brands International has named industry veteran Mikal Peveto as SVP Global Footwear for Fila. In his new role, Mr. Peveto will assume global responsibility for Fila footwear design, development and marketing and will oversee the company's effo

Brunswick Corporation has acquired 70% of the stock of Navman NZ Limited, a New Zealand-based leader in global positioning systems (GPS)-based products and marine electronics, for total consideration of approximately $33 million. Brunswick said it has an

Cloud Water Co., Ltd., Seoul, Korea, has been appointed exclusive distributor of GolfGear International, Inc. products in Korea, it was announced by Don Anderson, GolfGear founder and chief executive officer…

Aldila, Inc. has reached a tentative agreement, subject to conditions, and entered into a non-binding letter of intent with its joint venture partner, SGL Carbon Fibers and Composites, Inc., to sell its interest in Carbon Fiber Technology, LLC to SGL…

The Timberland Company announced the appointment of Irene M. Esteves to the Company's board of directors, effective June 23, 2003. Ms. Esteves is Senior Managing Director and Chief Financial Officer for Putnam Investments in Boston, Massachusetts…

When Cherokee introduced Mossimo to Target in early 2000, they expected to receive a finder’s fee on royalties paid to the apparel company through its licensing agreement with the discount retailer. A Los Angeles Superior Court judge concurred last Tuesd

Chris Holiday has resigned as senior vice president of sales and marketing at GolfGear International, Inc. to pursue other business interests…

Upland Sports Group has been selected as the U.S. distributor for Somec frames. Somec frames offer several different frames, materials, and options for the serious triathlete…