SGB Executive

The Warnaco Group, Inc. announced that it has elected Sheila A. Hopkins to its Board of Directors, effective July 7, 2003. Ms. Hopkins, 47, currently serves as Vice President and General Manager of U.S. Personal Care at Colgate-Palmolive Company…

Outdoor Retailer is partnering with SGB’s Outdoor Business to be the official publisher of its Winter and Summer Market show handbooks and on site show dailies, effective with the 2004 markets. This new partnership re-establishes a strong and consistent

Fenway Partners, Inc., a private equity firm that invests in and builds branded goods companies, announced Monday that it has acquired controlling interest in Riddell Sports Group, Inc. A fund managed by Fenway purchased the business from Lincolnshire Ma

Delta Apparel, Inc. announced Monday that it has signed a definitive agreement to purchase all of the outstanding capital stock of M. J. Soffe Company, Inc. The transaction is valued at up to $72 million, consisting of $52 million of cash including retir

The Finish Line, Inc. reported that net sales for the first quarter ended May 31, 2003 increased 22% to $207.8 million compared to $170.6 million reported for the same period last year. Comparable store net sales increased 14% for Q1 on top of a 3% incre

The Top-Flite Golf Company and affiliated companies have reached an agreement for the sale of substantially all the company's golf-related assets to Callaway Golf Company. The proposed sale is pursuant to section 363 of Chapter 11 of the U.S. Bankru

Tommy Hilfiger Licensing, Inc. has announced an extension for the United States through March 2007 of its footwear licensing agreement with The Stride Rite Corporation. Stride Rite and Tommy Hilfiger have created a comprehensive footwear program that incl

The Stride Rite Corporation reported net sales for the second quarter of fiscal 2003 were $154.3 million, a 1% decrease from the $156.5 million in the comparable period of fiscal 2002. Net income for the quarter totaled $11.2 million, 3% lower than the $

Easton Sports, Inc. CEO Tony Palma was named as one of the finalists for Ernst & Young’s Entrepreneur Of The Year® Award. The most prestigious honor in its class, the award is given annually to a leader of a public or private company who has displayed exc

X0 Athletic Company has picked up The Winning Edge Sales Group as its national sales agency repping its line of Men's protective products featuring, ProCup and ProSupportive Garments…

Torpedo Sports USA, Inc. recorded a net loss of $(1,102,894) for the nine months ended April 30, 2003, or $(0.11) per share, versus net income of $539,411, or $0.48 per share, for the same period in 2002. Sales for the nine-month period fell 26%…

The SEC has declared Gart's registration statement effective on June 25, 2003 relating to the issuance of shares of its common stock in connection with the proposed merger of equals with The Sports Authority. The two companies will each hold shareho

Retailers faced soft traffic and deflating prices in Q1, now they have a new worry in the Q2: high inventory levels.
As reported in last week’s SPORTS EXECUTIVE WEEKLY, in their first-quarter earning releases, many retailers reported big jumps in

The issues raised at the recent NSGA Management Conference about the standardization of source-tagging may be answered sooner rather than later after Wal-Mart made the announcement last week that they will start to require its suppliers to be radio-freque

The ink was barely dry on the the re-org announced two months ago, but Outdoor lifestyle retailer and cataloguer Cabela’s has again shifted a few seats in the executive suite.