SGB Executive

Who Wants to Be a Billionaire…

Callaway’s proposed acquisition of Top-Flite, once completed, would see Oaktree Capital Management entirely divested of the former Spalding Sports business it took control of in April 2002. Earlier this year, Oaktree sold the company’s Etonic golf shoe d

Nike Signs Taylor and Purcell to Lifetime Deals…

The company may have solidified their future in performance basketball with the signings last month of Kobe Bryant, LeBron James and Carmelo Anthony, but the addition of the key retro icons strengthens Nike’s foothold in the fashion end of the footwear ca

Oakley Q2 Earnings Fall 18% As U.S. Business Continues Slide

Oakley, Inc. reported second quarter net sales slipped 0.9% to $143.8 million compared with $145.1 million in the prior year period. Net income for the second quarter totaled $18.2 million, or $0.27 per diluted share, compared with net income of $22.3 mi

Huffy Corp. Announces New Euro Golf Structure

Tommy Armour Golf and RAM Golf announced a new business structure to manage the Company’s operations throughout the European Market. James Wilson has been appointed Managing Director, Europe for Tommy Armour Golf. Graeme Stevens of UK Golf Services will

Mountainsmith Partners with Trek-VW Racing Team

Mountainsmith has announced a partnership with the Trek-Volkswagen Racing Team to become their official pack and luggage supplier. The agreement makes official the partnership that started earlier this year designating Mountainsmith to outfit the high-vi

Prince Sports Launches New Customer Sat Initiatives

Prince Sports, Inc. has launched a series of customer satisfaction initiatives that include extended customer service hours, a dealer feedback line, and quicker turnaround times for order shipments, among other enhancements…

Sabo Named National Accounts Manager for Wilson

Derron Sabo, formerly Territory Manager for Wilson Golf, has been promoted to National Accounts Manager – Golf for Wilson Golf & Racquet Sports. He is now responsible for golf sales to national accounts and golf course buying groups, and share duties wit

Holcombe to Spearhead New Value Outdoor Apparel Line

Blair Corporation, a national catalog and multi-channel direct marketer of women's and men's apparel and home products, has formed Allegheny Trail Corp. to launch a wholesale business targeted primarily at outdoor sporting goods and recreational

Huffy Doubles Q2 Net Income on 25.8% Sales Gain

Huffy Corporation announced that net earnings for the second quarter of 2003 were $2.8 million or $0.18 per common share, compared to net earnings of $1.3 million or $0.12 per common share for the second quarter of 2002. Net sales for Q2 increased 25.8%

Payless Announces $200 Million Note Offering

Payless ShoeSource is proposing to offer $200 million of senior subordinated notes due 2013. Payless intends to use the proceeds of the offering, net of all fees and expenses, together with available cash, to repay all its existing indebtedness under the

Nautica Sees Fiscal Q1 Profit on 10.6% Sales Increase

Nautica reported net sales for the first quarter ended May 31, 2003 increased 10.6% to $139.2 million compared with $125.9 million in the first quarter last year. Sales in the wholesale segment grew 12.4% to $107.1 million compared with $95.3 million in t

Mossimo Appealing Cherokee Award in Target Case

Mossimo Inc. has apparently appealed the June 17 Arbitration Award and Judgment that was entered in Cherokee's favor by the Los Angeles Superior Court. The court reaffirmed the validity of the original finder's agreement between Cherokee Inc. a