SGB Executive

Burton Moves Analog to CA

Analog clothing may have been born in Vermont, but it’s time the company moved from its nest. Now that the brand has its first fall line in stores, Analog, the newest member of the Burton family of brands, is leaving the Green Mountain State in early spri

Skechers Licenses Name for Sportswear

SKECHERS announced that Paul Davril, Inc. (PDI) has been named the licensee for SKECHERS-branded men's and women's sportswear apparel in the United States. The line will launch in department and specialty stores in spring 2005…

Variflex Swings to Fiscal Q1 Loss on Lower Sales

Variflex reported a net loss of $477,000 or ($0.10) per diluted share, on net sales of $12.1 million for the fiscal first quarter ended October 31, 2003, compared to net income of $11,000, or ($0.00) per diluted share, on net sales of $12.6 million for th

Jazz Golf Holds Rights Offering

Jazz Golf Equipment will be commencing a rights offering to shareholders. All registered shareholders of Jazz resident in British Columbia, Alberta, Saskatchewan, Manitoba and Ontario will receive one right for each Class A common share held at the record

WWW Announces Stock Repurchase Program

Directors of Wolverine World Wide, authorized the repurchase of an additional 2.0 million shares of the Company's common stock through open market or privately negotiated transactions over a two year period. The new
authorization follows similar rep

Collegiate Pacific Declares Dividend

Collegiate Pacific's Board of Directors approved and declared a quarterly cash dividend of $0.025 per share on the company's common stock for the second quarter of fiscal 2004…

Online Retail Come Into Its Own This Holiday Season

Online retailers are giving thanks for an increase in sales over Black Friday weekend, according to the findings of a new Shop.org/BizRate.com eHoliday Mood Study. The second installment of the study found that more than half of retailers saw sales incre

Sibley’s to Shut Down Operations…

Sibleys Shoes Inc., a key bellwether retailer for urban footwear trends in the Detroit market, said Wednesday that it will close its 29 retail shoe stores in Michigan and Ohio. The closures would signal the end of an 83 year run that started with a singl

After Some Turkey, Mall Retailers Take Aim at the Golden Goose…

While many of our gentle readers were lounging at home, top pants button undone, sated with the Holiday repast, Sports Executive Weekly was out pounding the tile in search of key indicators for this critical holiday season. Due to the realities of geogra

Forzani Group Q3 Earnings Fall 25% as Comps Dip

The Forzani Group Ltd. reported retail system sales for the third quarter ended November 2, 2003 grew by 6.0% to C$260.6 million from C$245.9 million a year ago. Combined revenues, consisting of retail sales from corporate stores and wholesale sales to fr

Next, Inc. Bank Won’t Call Note Despite Default Status

Next, Inc. announced that, as a result of the previously disclosed complaint against its former CEO, the Company is in default under its credit facility with LaSalle Business Credit, LLC. The Company is not in default regarding any financial covenant of t

K2 to Acquire Fotoball in $17 Million Stock Deal

K2 Inc. will purchase Fotoball USA in an all stock transaction with each outstanding share of Fotoball USA exchanged for 0.2757 shares of K2 common stock. Based on the average closing price of K2 shares of $15.85 for the 20 trading days ending November 25

LOWA Boots Opens New Stamford Offices

LOWA boots officially opens their new doors on Monday, December 1, just in time for the holiday rush. Over Thanksgiving week-end, the LOWA staff will complete the move from their warehouse facility in Burlington, Vermont and corporate offices in downtown

Five Ten Expands McDaniel Sales Territory

Five Ten Footwear is pleased to announce that their long time rep, Robert McDaniel, will be expanding his territory to include Missouri and Kansas. Robert has been representing the 5.10 line since 1998 in the south-central
U.S. territory which includes