SGB Executive

Cherokee to Get 15% of All Mossimo/Target Royalties

The L.A. Superior Court on Tuesday reaffirmed the validity of the original finder's agreement between Cherokee Inc. and Mossimo Inc., further ordering that Cherokee is entitled to receive from MOSS 15% of all licensing revenues received by Mossimo fr

Cutter and Buck Sees Resolution of SEC Investigation

Cutter & Buck Inc. announced Tuesday that, based on communications with the staff of the Securities and Exchange Commission, it expects to reach an agreement which would resolve the Commission's previously announced investigation of the Company…

Cutter and Buck Adds VP to Head Order Fulfillment Group

Cutter & Buck Inc. announced the appointment of Bill Swint as Vice President and Manager of the Order Fulfillment Group. Swint was recently a consultant and project manager for Columbia Sportswear, Inc. in Portland, Oregon and Cambrai, France…

Huffy Sports Gets Labor Agreement Deal

Huffy Sports Company, a division of Huffy Corporation, in conjunction with United Lodge 66 and District 10 of the International Association of Machinists and Aerospace Workers, are pleased to announce the settlement of a new two year labor agreement. The

NSGA: CPI for Sporting Goods Remains Negative for May

The National Sporting Goods Association is reporting that the most recent data from the Bureau of Labor Statistics showed the Sporting Goods CPI Index at 99.8 for May, down 2.2% versus the May 2002 index. The drop was the same as the April decline…

NPD Appoints New Fashionworld President

The NPD Group announced the appointment of Dennis Brown to president of NPD Fashionworld, the company’s fashion-tracking division. Brown will assume the position formerly held by Diane Nicholson who was appointed vice president, Human Resource Operations.

Payless Warns of Heavy Inventories, Higher Markdowns

Payless ShoeSource has said that disappointing sales trends seen in May have persisted into June. The unseasonably cold weather in many parts of the country has depressed consumer demand for sandals. Payless intends to defend its market share and clear s

Scott Carey Named VP Footwear Sales for Fila US

It was announced this morning that Scott Carey, the Nike veteran and former VP of Sales at Brooks Sports, will take the position to head up footwear sales for the Fila US division of the new Sports Brands International. He will report to new SBI Americas

Fitness Walking Top Activity In SGMA Sports Participation Study

America's seniors are participating in a wide variety of sports and athletic activities. According to SGMA International's recent analysis of the Superstudy® of Sports Participation, low-impact fitness activities and casual outdoor recre

Sun Ice Latest to Go Private Again

Sun Ice and the Purchaser, a holding company wholly-owned by Sun Ice CEO Sylvia Rempel, jointly announced that they have entered into a definitive agreement whereby the Purchaser will acquire all of the issued and outstanding common shares of the company

Hooks Leaves Confluence Watersports

Mike Hooks, sales manager at Confluence Watersports, has left the company to pursue new professional and personal interests, most notably to focus more time on his musical interests. Kelley Woolsey, VP of Marketing and Sales, will assume all of Hooks’ re

Saucony Signs USA Triathlon Marketing Deal

USA Triathlon has announced that it has signed with
Saucony to be the official shoe and competitive apparel supplier of USA Triathlon. Among other things, Saucony will be supplying shoes and apparel to USA Triathlon teams competing at world championships

Pacific Trail Parent Cuts Seattle Staff

London Fog Industries, which employs 500 people in the U.S. and overseas, has eliminated 36 jobs at its Seattle headquarters as a result of the company’s organizational restructuring. According to President and CEO William Dragon, Jr., the layoffs repres

REI Taps Marketmax for Merchandise Planning Solution

Marketmax has announced that Recreational Equipment, Inc. has selected its Integrated Merchandise Planning Solution to help the organization optimize assortments, improve efficiencies and continue to achieve growth across all if it's store and direct

Kmart Narrows Q1 Loss on a 3.2% Comp Store Decline

Kmart Holding Corporation reported a net loss of $862 million for the 13 weeks ended April 30, 2003, versus a net loss of $1.44 billion for the 13 weeks ended May 1, 2002. Net sales for the quarter were $6.18 bn, a decrease of 13.9% from $7.18 bn in 2002