SGB Executive

Hooks Leaves Confluence Watersports

Mike Hooks, sales manager at Confluence Watersports, has left the company to pursue new professional and personal interests, most notably to focus more time on his musical interests. Kelley Woolsey, VP of Marketing and Sales, will assume all of Hooks’ re

Saucony Signs USA Triathlon Marketing Deal

USA Triathlon has announced that it has signed with
Saucony to be the official shoe and competitive apparel supplier of USA Triathlon. Among other things, Saucony will be supplying shoes and apparel to USA Triathlon teams competing at world championships

Pacific Trail Parent Cuts Seattle Staff

London Fog Industries, which employs 500 people in the U.S. and overseas, has eliminated 36 jobs at its Seattle headquarters as a result of the company’s organizational restructuring. According to President and CEO William Dragon, Jr., the layoffs repres

REI Taps Marketmax for Merchandise Planning Solution

Marketmax has announced that Recreational Equipment, Inc. has selected its Integrated Merchandise Planning Solution to help the organization optimize assortments, improve efficiencies and continue to achieve growth across all if it's store and direct

Kmart Narrows Q1 Loss on a 3.2% Comp Store Decline

Kmart Holding Corporation reported a net loss of $862 million for the 13 weeks ended April 30, 2003, versus a net loss of $1.44 billion for the 13 weeks ended May 1, 2002. Net sales for the quarter were $6.18 bn, a decrease of 13.9% from $7.18 bn in 2002

Cutter and Buck Reaches Deal to Settle Shareholder Lawsuits

Cutter & Buck Inc. has reached an agreement with plaintiffs to settle the shareholder lawsuits relating to the company's restatement of its financial results for fiscal years 2000 and 2001. Cutter & Buck agreed to pay $4 million in cash, plus up to

SGMA Report Indicates Broad Soccer

Soccer is popular in all 50 U.S. states and played not only by children, but also Gen X, Gen Y, and baby-boomers. This fact, along with an in-depth statistical report, is available in SGMA International's Soccer Participation Report – 2003 edition.

VF Corp. Issues Q2 Sales and Earnings Warning

Citing difficult retail conditions, the parent company of The North Face, Eastpak and Jansport revised its expectations for earnings and sales for the quarter ending July 5, 2003. The Company now believes that second quarter earnings per share could decl

Kellwood Company to Acquire Kasper ASL

Kellwood Company announced the signing of an agreement to acquire Kasper A.S.L., Ltd., according to Hal J. Upbin, Kellwood chairman, president, and chief executive officer. Kasper will be structured as a stand-alone company under the Kellwood Womenswear

Cybex Gets Re-Financing Deals; Ups Q2 Guidance

Cybex International, Inc. announced that it has received commitment letters from CIT Business Credit and Hilco Capital LP to provide a $30 million, three year senior financing facility which would re-finance the Company's current bank debt with Fleet

Sport-Haley Adds Top-Flite To Apparel Stable

Sport-Haley, Inc. announced an amendment to their existing licensing agreement with The Top-Flite Golf Company, formerly known as Spalding Sports Worldwide, Inc. Sport-Haley now has the right to manufacture and market a full line of golf apparel bearing

May Company Names New Foley’s Chairman

The May Department Stores Company has named Andrew T. Hall chairman of Foley's, its department store division based in Houston. His appointment is effective immediately. Mr. Hall succeeds Mark J. Weikel. Andrew P. Pickman, 51, continues as president

The Hockey Company Holdings Closes Initial Public Offering

The Hockey Company Holdings Inc. announced Wednesday that it has closed its initial public offering. Its common shares are listed on the Toronto Stock Exchange under the symbol “HCY”. Merrill Lynch Canada Inc. acted as lead underwriter in a syndicate tha