SGB Executive

Head Appoints New Diving Unit Chief

Head N.V. announced that Stefano Di Martino will be joining Head as the Managing Director of the Diving Division. He will take up his position in January 2004 when he will also be appointed Managing Director of HTM Sport S.p.A Italy and become a Member of

Champion Licenses Name for Sports Drink

Champion Athleticwear has settled its complaint against ChampionLyte Holdings, Inc. and signed a licensing agreement with the company, allowing it to continue to use the Champion name on its sugar-free entry in the isotonic sports drink category…

Woodman Opens US Office

Woodman Components has opened Woodman Components USA Inc. The Taiwan based frame and component maker has established a full-time satellite office and has named Jim Vincent Jr. as President. The main focus of the US office will be to build awareness of the

Sport Casuals Names Bua Sales Chief

Sport Casuals, Inc., the Private Label Apparel Design and Sourcing company, has appointed Jeff Bua as Senior Vice President of sales and business development…

As Retailers See Better Margins from Tighter Inventories…

Analysts concur with NRF when it comes to the “Buy Early” scenario, suggesting many could be out of luck if they wait until the last minute. Still, with no “must have” items in the market this year, it may be tough to convince the consumer that retailers

SGMA Raquetball Group Hires Coordinator

The racquetball industry is taking steps to increase its visibility. To achieve this objective, the SGMA’s Racquetball Manufacturers Council (RMC) has hired Dave George of San Bruno, California, as its Project Coordinator…

Consumers Still Look to Price First…

Based on research conducted by BIGresearch for the National Retail Federation, consumers this holiday are still see price driving their destination and they expect to hit the stores earlier this year to get what they need. On the receiving end, consumers

Wilson Shakes Up Management Team Once Again

John Embree, VP of Sales for Wilson Golf and Racquet Sports, has resigned from Wilson after 17 years with the company. He will be replaced by Rick Kerpsack, previously Business Director of Tennis Balls. Additionally, Antoine Ballon, who is currently Mark

Acquisitions Hide Declines at VF Corp…

VF Corp. saw “stronger-than-expected” sales from its core businesses in the third quarter and “higher–than-expected” profit contribution from the recently-acquired Nautica Enterprises, Inc. The Outdoor Coalition, which includes The North Face, JanSport a

K2 Gets Sales Benefit from Acquisitions, but Earnings Suffer…

K2, Inc. saw third quarter earnings in line with analysts’ estimates as the company reported a 140 increase in pro-forma diluted earnings per share based on the acquisition of Rawlings last year. The pro forma EPS figure was calculated at five cents for

Carver Launches Sourcing Resource Group

Art Carver, a former footwear executive with Reebok, Global Sports and Vans, announced the formation of Sourcing Resource Group, Inc. The company, SRG, represents a group of footwear factories in China and the Philippines that manufacture for leading athl

Bob’s Should Emerge as a New Player…

The New England rumor mill has been forecasting the acquisition by TJX to save Bob’s Stores from the Kohl’s onslaught in the Northeast. TJX, parent to the familiar TJ Maxx and Marshall’s close-out stores, and the lesser-known HomeGoods, T.K. Maxx and A.J

Skechers Sees Q3 Loss on Close-outs…

Skechers saw third quarter sales fall sharply, but the numbers were better than the company’s previous guidance due primarily to the company’s “aggressive approach” to reduce inventories that cut into margins and pushed the company into the loss column…