SGB Executive

Billabong International reported net profit for fiscal 2003 jumped 24.9% to A$76.2 million ($49.6 million) for the 2002-03 financial year. Revenue was up 24% to A$623 ($405.3) million, with approximately 75% of sales coming from outside Australia. U.S s

As part of its long-standing commitment to protect the environment, Royal Robbins will join with the American Hiking Society (AHS) to launch a national hangtag promotion for Spring 2004, beginning this January. One million garments will feature distinctiv

Published reports late last week indicate that Sonny Vaccaro, adidas’ director of basketball, has resigned from the company. The move furthers impacts the floundering adidas basketball program that has lost quite a bit of share to resurgent Reebok and ot

The Forzani Group Ltd. reported that retail system sales for the second quarter of fiscal 2004 grew 7.5% to C$262.7 million ($183.0 million) compared to C$244.3 million ($156.2 million) for the same period of the previous year. Combined revenues from corp

Phoenix Footwear Group, Inc. has been assigned a licensing agreement with Ducks Unlimited, Inc., the world's largest wetlands and waterfowl conservation organization, for promotion and distribution of a Ducks Unlimited line of casual men's footw

The new Sports Authority, Inc. reported Q2 results for the Gart portion of the business only, stating that the quarter is a “lost quarter” for the former TSA business. Combined company results for the new Sports Authority will be provided beginning with

Cloudveil has closed on a financing deal with Wells Fargo that will allow the company more freedom as they grow. The credit line was finalized on June 30, 2003.

The International Organization of Standardization has granted Grivel “14001 certification” for sustainable development…PrAna is joining Patagonia and MEC as the only 3 outdoor clothing manufacturers who use organic cotton…On top of these developments,

Raliegh Bicycles is gearing up for a move into the higher-end component and bicycle market; SRAM and RockShox have expanded their “BlackBox” Product Development to include BlackBoxRacing.com; Jet Boil made a stir at the OR show; Aaron Feuerstein is still

Federal securities regulators have settled fraud charges with the former president of Orange County, CA-based Freedom Surf, Inc. and Cyrus Industries. Raece Richardson, an Australian citizen that ran both companies, agreed to pay $175,000 in penalties to

Oakley and The Hockey Company have been wrapped up a court dispute over the Jofa “Image” protective hockey visor. Oakley filed suit against THC on July 31st and applied for a temporary restraining order. The request was denied.
Oakley claims that the

Brown Shoe Co. will continue to invest heavily in the turnaround at Famous Footwear. While traffic and sales were sluggish at the company’s family footwear unit, operating profits jumped more than 88% for second quarter as gross margin improved 200 basis