SGB Executive

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.

Sport Brands International, LLC (SBI) on Tuesday closed the $351 million acquisition of all global Fila subsidiaries, which include Fila USA, Fila Sport SpA, Fila Nederland BV, Ciesse Piumini SRL and Enyce, from Fila Holding S.p.A. SBI will also assume a

Asics continues to defend it’s trademarks with another suit against a discount retailer. Last week, it was Target Corporation’s turn as Asics filed suit against the second largest discounter for trademark infringement, unfair competition, and trademark d

Reebok and the NBA have signed a deal to develop and market NBA apparel and accessories in Asia. The five-year pan-Asian partnership marks the first time the NBA has had one licensee cover the region. The product will immediately be available selected s

Payless ShoeSource said last week that it may not be able to meet its financial covenants with its lender after the discount footwear retailer slashed its earnings forecast for Q2 in the second time in less than two weeks…

Unifi Inc. was on the losing end of its own arbitration case with DuPont, after an Arbitration Panel ruled in favor of DuPont in a case involving the two companies' manufacturing alliance for the production of partially oriented polyester filament y