SGB Executive

Cybex Gets Customer Service Award

Cybex International, Inc. has been named as the top manufacturing enterprise in providing superior customer responsiveness. As the recipient of the Manufacturing Enterprise Solutions Organization International (MESA) award for 2003, Cybex placed first in

SportsLine.com and AOL Cutting Back Relationship

SportsLine.com, Inc. announced that it has modified its relationship with America Online (AOL) by terminating its existing agreement with AOL and entering into a new agreement. Under the terms of the new agreement, SportsLine.com will no longer receive pr

LL Bean Grabs a Best of Web Award; Launches New Site

After just be named “Best Catalog Website” by the Web Marketing Association's 2003 WebAward competition, llbean.com has re-launched its website with expanded features, improved functionality and faster checkout…

Variflex Swings to Fiscal Year-End Profit on 24.5% Sales Gain

Variflex, Inc. announced a return to profitability for the fiscal year ended July 31, 2003. The Company also announced that it has entered into an exclusive licensing agreement with World Industries, a leading skateboard manufacturer. VFLX reported fisca

Shoe Carnival September Comps Rise 1.8%

Shoe Carnival, Inc. reported sales for the five-week period ended October 4, 2003, increased 11.7% to $44.4 million from sales of $39.8 million for the five-week period ended October 5, 2002. Comparable store sales increased 1.8% in September 2003…

Nike Memphis DC Upgrade Could Add $100 Million to Local Economy

Nike Inc. plans to launch a $65 million upgrade to its two Memphis distribution centers in a move that will create 338 jobs over four years. Nike is seeking tax breaks for the project through the Memphis and Shelby County Industrial Development Board&#03

Green to Sell 6.2 Million Shares of Big 5 Stock

Big 5 Sporting Goods Corporation has filed a shelf registration statement registering for resale 6,171,074 shares of its common stock held by Green Equity Investors, L.P., pursuant to GEI's registration rights with Big 5. Big 5 will not receive any o

Costco Fiscal Year Net Income Up 3.0% on 5.0% Comp Increase

Costco Wholesale Corporation announced net sales for fiscal 2003 were $41.69 billion, an increase of 10% from $37.99 billion during the prior 52-week fiscal year ended September 1, 2002. Comparable warehouse sales increased 5% over the comparable 52-week

NPD: Kids Spending Less on Apparel

Trailing twelve month purchases for tween and teen apparel for the period ended July 2003 decreased 17.6% and 13.8% in dollar volume, respectively, according to leading market information company The NPD Group, Inc. This compares to a 6.3% decline from 2

Big Brother Makes The First Move

Just a few weeks after the Climbing Wall Association completed their formation, they face their first big challenge – government regulation…

Some Sinister Plans in Store for Bike Maker…

Sonnax Industries, an automobile parts manufacturer, has purchased Sinister Bikes. On the surface this may seem like a corporate buyout that could ruin the downhill bike manufacturer, but in reality it seems like Neil Joseph, the owner of Sonnax, will fi

Reebok Taps Sonny Vaccaro to Run Grassroots Basketball

Reebok International and sports marketing legend Sonny Vaccaro have entered into an agreement to create a comprehensive grassroots basketball platform designed to further connect the sports and fitness brand to the youth basketball market. Vaccaro will b

INTERBIKE is THE Place To Be This Weekend…

The InterBike Tradeshow is shaping up to be a record-breaking event on just about every level. Preliminary attendance levels are the highest they have been since 1998 with 14,000 retailers from 3,300 bike shops pre-registered. The show has seen a 43% gro

SGMA Elects New Board Members

SGMA International re-elected Dick Kazmaier as to Chairman of the Board of the trade association. adidas EVP Tim Joyce was re-elected as Vice Chairman. Tom Rogge maintains his position as Secretary/Treasurer and John Riddle was re-appointed President/CE

Malden Mills Snags $19 Million in Defense Department Deal

Malden Mills Industries Inc., makers of Polartec performance textiles, announced that the U.S. Congress has approved $19.1 million for Polartec garments for the U.S. Military in the 2004 Defense Spending Bill. Included in this funding is $3 million to co