SGB Executive

Special Charges Kill Unifi’s Q2 Earnings; Sales Down 20%

Unifi, Inc. announced a net loss of $30.5 million, or 57 cents per share, for the quarter ending June 29, 2003, which includes $16.9 million in severance costs and $13.9 million in costs associated with the previously reported DuPont arbitration award. U

Columbia Income Jumps 25% as Net Sales Climbs 22.5%

Columbia Sportswear Company reported Q2 net sales increased 22.5%, or 17.8% currency-neutral, to $152.1 million, compared to net sales of $124.2 million for the same period of 2002. Net income grew 25.3% to $9.4 million, versus $7.5 million versus the uy

Phoenix Footwear Posts Q2 Loss as Sales Decline 10.6%

Phoenix Footwear Group, Inc. announced net sales for the second quarter ended June 28, 2003 decreased 10.6% to $7.6 million. The Company's financial results for Q2 resulted in a net loss of ($688,000) which included expenses totaling $1.3 million as

OR/FFR Bring In Sales and Marketing Talent…

Outdoor Retailer and Fly-Fishing Retailer announced two additions to their marketing and sales departments. Margie Staley will be OR Summer Market, Winter Market and Fly-Fishing Retailer World Trade Expo’s new Marketing Manager and Marisa Nicholson was

Nordica Rep to Head Product Development

Nordica USA has named one of its current sales reps to head up the ski product development for the USA. In his new role as Ski Product Manager, Jon Rucker will be responsible for working with Nordica Spa and the dealers in the USA to dramatically grow the

Kohl’s Snags CFO From Abercrombie and Fitch

Kohl's Department Stores announced that Wesley McDonald is joining the company as executive vice president and chief financial officer. McDonald comes to Kohl's from Abercrombie and Fitch, where he has served as chief financial officer since 20

VF Corp. Saves a Sinking Nautica….

VF Corp. chairman & CEO Mackey J. McDonald breathed a sigh of relief as the agreement to purchase Nautica was finalized on July 7th…

Who Wants to Be a Billionaire…

Callaway’s proposed acquisition of Top-Flite, once completed, would see Oaktree Capital Management entirely divested of the former Spalding Sports business it took control of in April 2002. Earlier this year, Oaktree sold the company’s Etonic golf shoe d

Nike Signs Taylor and Purcell to Lifetime Deals…

The company may have solidified their future in performance basketball with the signings last month of Kobe Bryant, LeBron James and Carmelo Anthony, but the addition of the key retro icons strengthens Nike’s foothold in the fashion end of the footwear ca

Oakley Q2 Earnings Fall 18% As U.S. Business Continues Slide

Oakley, Inc. reported second quarter net sales slipped 0.9% to $143.8 million compared with $145.1 million in the prior year period. Net income for the second quarter totaled $18.2 million, or $0.27 per diluted share, compared with net income of $22.3 mi

Huffy Corp. Announces New Euro Golf Structure

Tommy Armour Golf and RAM Golf announced a new business structure to manage the Company’s operations throughout the European Market. James Wilson has been appointed Managing Director, Europe for Tommy Armour Golf. Graeme Stevens of UK Golf Services will

Mountainsmith Partners with Trek-VW Racing Team

Mountainsmith has announced a partnership with the Trek-Volkswagen Racing Team to become their official pack and luggage supplier. The agreement makes official the partnership that started earlier this year designating Mountainsmith to outfit the high-vi