SGB Executive

Brunswick Acquires Majority Stake in GPS Maker

Brunswick Corporation has acquired 70% of the stock of Navman NZ Limited, a New Zealand-based leader in global positioning systems (GPS)-based products and marine electronics, for total consideration of approximately $33 million. Brunswick said it has an

GolfGear International Names Korean Distributor

Cloud Water Co., Ltd., Seoul, Korea, has been appointed exclusive distributor of GolfGear International, Inc. products in Korea, it was announced by Don Anderson, GolfGear founder and chief executive officer…

Aldila to Sell Its Interest in Its Carbon Fiber Joint Venture

Aldila, Inc. has reached a tentative agreement, subject to conditions, and entered into a non-binding letter of intent with its joint venture partner, SGL Carbon Fibers and Composites, Inc., to sell its interest in Carbon Fiber Technology, LLC to SGL…

Timberland Appoints Board Director

The Timberland Company announced the appointment of Irene M. Esteves to the Company's board of directors, effective June 23, 2003. Ms. Esteves is Senior Managing Director and Chief Financial Officer for Putnam Investments in Boston, Massachusetts…

Thanks for the Introduction…

When Cherokee introduced Mossimo to Target in early 2000, they expected to receive a finder’s fee on royalties paid to the apparel company through its licensing agreement with the discount retailer. A Los Angeles Superior Court judge concurred last Tuesd

Holiday Resigns from GolfGear

Chris Holiday has resigned as senior vice president of sales and marketing at GolfGear International, Inc. to pursue other business interests…

Upland Sports Group to Distribute Somec Frames

Upland Sports Group has been selected as the U.S. distributor for Somec frames. Somec frames offer several different frames, materials, and options for the serious triathlete…

GBMI Adds VP’s for International and Product Strategy

Global Brand Marketing, Inc. has announced two promotions designed to deepen and strengthen GBMI's executive management team worldwide. Charles Dallain has been promoted to Vice President of International Sales, Europe, Middle East & Africa and Kris

Asics Sues Target for Trademark Infringement

ASICS TIGER Corporation and ASICS Corporation Japan have filed suit in Federal District Court in the District of Minnesota against Target Corp. for trademark infringement, unfair competition, and trademark dilution…

O’Donnell to Head National Accounts for Wilson Golf

Dave O’Connell, formerly Territory Manager for Wilson Golf, has been promoted to the position of National Accounts Manager – Golf, Wilson Golf & Racquet Sports. O’Connell will be responsible for golf sales to national accounts, as well as golf course buy

Cutter and Buck Fiscal Year Loss Widens as Sales Fall 18.2%

Cutter & Buck Inc. reported net sales for the fiscal fourth quarter ended April 30, 2003 fell 31.1% to $36.6 million versus $52.7 million in the year-ago period. The net loss for the quarter was flat at ($900,000) versus ($1.0 million)in Q4 2002. Net sa

Aussie Apparel Group to Acquire Bluetorch Trademarks

Aussie Apparel Group Ltd. has signed a letter-of-intent with Newport Beach, Ca based GBI to acquire the Bluetorch trademark and other intellectual property. Terms of the potential agreement were not disclosed.

Wal-Mart Wins Two Key Labor Cases in Texas

An administrative law judge with the National Labor Relations Board ruled in favor of Wal-Mart in two different cases last week related to election objections and unfair labor practice charges filed against the company by the United Food and Commercial Wo

Colegiate Pacific Issue Fiscal Year Guidance

Collegiate Pacific is forecasting fiscal 2003 EPS to be in the $0.28 to $0.30 range and expects revenues to grow at 20%-25% annually and EPS (based on the current 4.3m primary shares outstanding) to reach or exceed $.70 per share over the next three years

NBA and Reebok to Launch Apparel Business in Asia

The National Basketball Association and Reebok International Ltd have announced a pan-Asian partnership to develop and market NBA apparel and accessories. The first offering of the new apparel line hits selected stores in China and Hong Kong this week. T