SGB Executive

Online Sales Increase 24% in Q3; Order Value Falls

The third quarter of 2003 produced online retail sales of $12.43 billion, a 24% increase over the same period in 2002 when $10.02 billion was spent, according to leading shopping search and comparison site BizRate.com. Actual orders grew by 47% to 101.34

Moving Comfort Appoints Ad Agency

Moving Comfort announced the selection of MATCH, Inc. as its advertising agency. The Atlanta-based agency will be responsible for creative strategy and development for Moving Comfort beginning in January 2004. The overall budget was not disclosed…

West Marine September Comps Up 1.7%

West Marine, Inc. reported that net sales for the five weeks ended September 27, 2003 were $56.6 million, a 26.6% increase from net sales of $44.7 million for the same period a year ago. Comparable store net sales for the five weeks ended September 27, 20

Forzani Sees Flat Back-to-School Comps

The Forzani Group Ltd. reported sales for “Back to School”, the eight-week selling period ended September 28th, 2003, increased 6.2% over the same period last year. Consolidated comparable store sales for the eight-week period were flat…

Marin Moves Into Former Grateful Dead Studio

Marin Bikes, due to its expanding business, has moved its office and warehouse just down the road to a recently purchased 32,000 square foot facility formerly owned by Grateful Dead Productions. Marin completely remodeled the new site which has over 5,000

SIA: More Americans Would Participate in SnowSports for Fitness

The more Americans learn about the health and fitness benefits of snow sports, the more inclined they are to try skiing, snowboarding and snowshoeing, says a new Harris Interactive survey sponsored by Snowsports Industries America (SIA), a trade associati

Sears Fills Hardlines Team

Sears, Roebuck and Co. has filled two top leadership positions in its hardlines business, which represents approximately 50 percent of the company's total domestic retail and related services business…

Deckers Raises Q3 Guidance

Deckers Outdoor Corporation announced for the third quarter ended September 30, 2003, the Company now expects sales to be between $23.0 and $23.5 million compared to its previous guidance of $19.0 to $20.0 million…

Wolverine Q3 Earnings Up 8.1% on 5.2% Revenue Rise

Wolverine World Wide, Inc. reported revenue for the third quarter of 2003 rose 5.2% to $230.6 million compared to $219.2 million reported for the third quarter of 2002. Third quarter 2003 earnings per share increased 8.1% to 40 cents compared to 37 cents

ASICS Tiger U.S. Subsidiary Changes Name

In order to capitalize on ASICS growing momentum from an increased presence in the global sporting goods arena, ASICS TIGER Corporation of Irvine, California, a subsidiary of ASICS Corporation of Kobe, Japan, has changed its name to ASICS America Corporat

Decathlon Taps DJM for Lease Disposition

DJM Asset Management, a real estate consultant firm, late last week announced it is assisting Decathlon Sports in the disposition of leases for 14 select Decathlon locations in New England. The former MVP locations include retail stores within major shop

Callaway Appoints Keindel SVP International

Callaway Golf Company announced the appointment of Keith Keindel to the newly created position of Senior Vice President, International. Keindel is an industry veteran with 14 years of experience with The Top-Flite Golf Company, which is now a wholly owned

Phoenix Footwear Group Appoints Design Chief

Phoenix Footwear Group, Inc. announced that Larry Stuart Torchin has been appointed to the newly created position of Vice President of Design. Mr. Torchin will be responsible for overseeing product design all of the company's footwear products includ

Rocky Shoes and Boots Snags Military Boot Deal

Rocky Shoes & Boots, Inc. announced it has entered into a $6.1 million agreement with Belleville Shoe Manufacturing Company to manufacture boots for delivery to the U.S. military. This agreement in non-cancelable and will be accretive to earnings. Ship

SEC Files Suit Against Sport-Haley

Sport-Haley, Inc. has reported that on September 26, 2003, the U.S. Securities and Exchange Commission filed suit in the United States District Court for the District of Colorado against the Company, its Chairman and former Chief Executive Officer, Robert