SGB Executive

Hibbett Q2 Earnings Jump 22% on Comp Store Uptick

Hibbett Sporting Goods, Inc. reported that net sales for its fuscal second quarter increased 8.8% to $71.7 million compared with $65.9 million for the year-ago period. Comparable store sales increased 1.1%. Net income for the second fiscal quarter increa

Fila Partners Again With TSA for U.S. Open

Fila & The Sports Authority have decided to join forces again to partner at the 2003 U.S. Open at the USTA National Tennis Center in Flushing, New York. Fila has been associated with this world class event as an official athletic footwear and tennis appa

Malden Mills to Emerge from Bankruptcy in Late August

Malden Mills Industries, Inc. late Thursday announced that it's consensual plan of reorganization has been confirmed by the United States Bankruptcy Court and the company will successfully emerge from Chapter 11 on August 26, 2003. This approved pla

The Buckle Q2 Net income Down 11.7% on 2.6% Sales Gain

The Buckle, Inc. reported that net income for the second quarter of fiscal 2003 was $3.6 million, or 17 cents per share, compared with $4.1 million, or 19 cents per share, for the second quarter of 2002. Net sales for the quarter ended increased 2.6% to

K-Swiss Adds Mark Louie to Board of Directors

K-Swiss Inc. announced that Mark L. Louie was unanimously elected to serve on the Company's Board of Directors.
Mr. Louie is a Managing Member and Chief Financial Officer of TechFund Capital, a venture capital firm focusing on early-stage enabling t

Varsity Brands Q2 Net Income Falls 46% on 5.0% Sales Decline

Varsity Brands, Inc. announced net income of $4.7 million, or $0.40 per share on a fully diluted basis, for the second quarter of 2003, compared to net income of $8.7 million, or $0.79 per share on a fully diluted basis, for the quarter ended June 30, 200

Everlast Q2 Net Income falls 50% as Sales Slide 12.2%

Everlast Worldwide Inc. reported second quarter net sales were $12.9 million as compared to $14.7 million reported in 2002. Net licensing revenues advanced 11.8% to $1.6 million. Net income available to common stockholders fell 50% to $.1 million, or $0

Johnston Joins Canari Cyclewear

Canari Cycle Wear announced the appointment of James S. Johnston as General Manager of Canari. Johnston, a 28-year veteran of the performance sports apparel industry, will take up this newly created position at Canari's headquarters in Vista, CA…

Prince Sports Opens New RandD Facility

Prince Sports has has opened a state-of-the-art research and development facility in Trevignano, Italy. Created to form a centralized research and development hub, the new facility will serve as a fully integrated part of the business process and will foc

NRF Report Shows 6.0% GAFS Gain in July

According to the National Retail Federation, July retail sales in the GAFS category increased 0.8% seasonally adjusted from June, and rose 6.0% from the same period last year. Sporting goods, Internet and catalog retailers joined hobby, book and music st

Vans CFO Departs; Company Sees Better Fiscal Q1

Vans, Inc. announced that Andrew J. Greenebaum, Chief Financial Officer, has decided to leave his position for personal reasons, effective as of August 30, 2003. Scott J. Blechman, currently VP of Finance & Controller, will be promoted to CFO. The compa

Varsity Moves Forward With Buyout Deal

Varsity Brands announced that it is mailing a Proxy Statement to all holders of record of Varsity Brand's common stock as of August 4, 2003, for the purpose of approving the proposed merger pursuant to which the Company would be acquired by a wholly-

Tomat Takes Majority Interest in Lotto Italia SpA

Roberto Danieli is exiting his position with Enerlux S.A.,
a 50% owner of Lotto Sport Italia S.p.A. His 45% share of Enerlux will shift to Andrea Tomat, Adriano Sartor and Gianni Lorenzato, who together already had a 55% control over the company. Revis