SGB Executive

Cutter and Buck Director Resigns; Bourgeois Exits

Cutter & Buck Inc. has announced the resignation of Mike Brownfield from the company's board of directors. In a letter to Cutter & Buck CEO Fran Conley, Brownfield cited the demands of his work schedule and Board and Committee related travel requirem

Reebok Establishes Soccer Beachhead in Mexico

Reebok and Sport Club Guadalajara have inked a strategic partnership between the global sports brand and Mexican soccer team Chivas Rayadas that will commnce in July 2004. Under the terms of this strategic alliance, Reebok will provide head-to-toe uniform

VF Corp. to Buy Vans in $396 Million Deal

VF Corporation has signed a definitive merger agreement to acquire Vans, Inc. Vans' sales in fiscal 2003 were $330 million, and the company has indicated that it expects sales of approximately $346 to $349 million in fiscal 2004, which ends May 31.

Gander Mountain Closes IPO; Appoints New Baord

Gander Mountain Company closed its initial public offering of 6,583,750 shares of its common stock at a price of $16.00 per share, including the underwriters' over-allotment option. Under terms of the original filing, a number of Erickson family mem

GSI Commerce Hires Human Resources Chief

GSI Commerce, Inc. has hired James Flanagan, 43, to the newly created post of senior vice president of Human Resources. Flanagan, an HR executive with more than 18 years' experience, will report to Michael Rubin, chairman and CEO of the company…

Federated May Look at Marshall Field’s Acquisition

Federated Department Stores, Inc. said it is exploring the possible acquisition of the Marshall Field's department store group from Target Corporation. Target announced last month that it intended to review alternatives for the 62-store division, inc

SGMA Releases Annual Sports Participation Topline Report

Fitness is ‘king’ once again – as twelve of the top 30 sports/activity categories are fitness related. That’s the conclusion of SGMA International’s analysis of the 2004 edition of the annual

Deckers Q1 Net Earnings Up 28%; UGG Sales Up 226%

Deckers Outdoor Corporation reported that net sales for the first quarter increased 22.6% to $44.3 million versus $36.1 million in the same period last year. Net earnings for the quarter increased 28.1% to a record $5.4 million, or 49 cents per diluted sh

SmartWool and Montrail Team up for Ultrarunning Team

SmartWool is the exclusive sock sponsor of the Montrail Ultrarunning Team, comprised of 75 of the top ultrarunners in the U.S. Members of the Montrail Ultrarunning Team will depend on the SmartWool Adrenaline Mini sock, as well as the Montrail running s

Backpacker’s Pantry Signs Distribution Deal with Dick’s

Backpacker's Pantry steadily increases in growth with a new distribution agreement with Dick's Sporting Goods. Backpacker’s Pantry quality and innovation in gourmet outdoor meals continue to attract large retailers in the outdoor industry. The e

VF Corp Acquires Italian Outdoor Lifestyle Brand

VF Corporation has entered into an agreement to acquire Green Sport Monte Bianco S.p.A.. Headquartered in Aosta, Italy, Green Sport designs and markets premium casual outdoor apparel under the Napapijri brand. The company's sales were approximately $

Fischer Hires Mike Day as U.S. Alpine Race Director

Fischer has appointed Mike Day as the new U.S. Alpine Race Director. Effective May 1st, Day will assume responsibilities of managing the Fischer U.S. alpine racing program, replacing former Director Tom Parks…

DuPont Raises Q1 Guidance

DuPont's earnings for the first quarter 2004 will be about $0.95 per share, excluding the special items discussed below. This compares to the company's January outlook of $.65 to $.75 per share. The improved results reflect a strong quarter for