SGB Executive

NPD Post-War Study Reports Lift in Consumer Purchase Intent

Results from a just-released consumer spending study by leading market information company The NPD Group, Inc. indicate a significant increase in consumer optimism as measured by discretionary spending intentions for May – July, 2003. Fielded to NPD’s on

NRF: Retailers Say Bush Tax Cut Will Create Jobs

The National Retail Federation praised the tax cut bill signed into law Thursday by President Bush, saying the measure will boost the economy and create jobs.
“This tax-cut plan establishes a sound, three-pronged approach that will increase consumer sp

NRF: Retail Execs See Mixed Results in May

In the midst of a sluggish economy and challenging sales, retailers remain optimistic that there are brighter times on the horizon. According to the latest NRF-BTM Executive Opinion Survey, a monthly index by the National Retail Federation (NRF) and the B

Russell Sells Off Southern Athletic Brand to LandL Group

Russell Corporation has sold the SOUTHERN ATHLETIC trademark and related assets The L&L Group, which has licensed the brand since May 2002. The L&L Group, privately held and formed in 1948, owns Foremost Athletic, L&L Concession Co, Reach Athletic, and U

Costco Fiscal Q3 Net Income up 18% on 11% Sales Gain

Costco Wholesale Corporation announced net sales for the third quarter of fiscal 2003 increased 11% to $9.34 billion from $8.44 billion during the third quarter of fiscal 2002. On a comparable warehouse basis, net sales increased 6%. Net income for the t

Footwear Specialties Int’l Taps Pugh For Regional Sales VP

Footwear Specialties, Int'l, parent company of Nautilus Safety Footwear, SkidBuster Shoes, and 3rd Watch Footwear, announced today that it has hired industry veteran George Pugh as its Regional V.P. of Sales – Midwest, which is a new position…

Aussie Apparel Adds U.K. Licensee for Hot Tuna

Aussie Apparel Group Ltd. announced that on May 15 it signed an agreement with Revo (UK) Ltd. to be the exclusive licensee for the Company's Hot Tuna brand in the United Kingdom and Ireland. The agreement with Revo calls for minimum sales of $14.1 mi

Galyan’s Breaks Ground on New Corporate Offices

Galyan's Trading Company, Inc. announced today they would build a 100,000 square foot state-of-the-art corporate headquarters in Plainfield, IN in close proximity to their distribution center…

The Sports Authority Honors Vendor of the Year Award Recipients

The Sports Authority, Inc. has announced their 2002 Vendor of the Year Award recipients. The award recognizes outstanding vendor partners that took the business of sporting goods at the Sports Authority to a higher level in 2002. Vendor of the Year Awar

Warren Sapp Takes Game to Team Jordan

Jordan, a division of Nike, Inc., announced the addition of six-time Pro Bowl defensive tackle Warren Sapp to Team Jordan, the elite group of professional athletes hand-picked by Michael Jordan to represent the Jordan brand of footwear and apparel…

Variflex Fiscal Q3 Profits Jump 145% as Sales Climb 56%

Variflex, Inc. reported net sales of $21.3 million for the fiscal third quarter ended April 30, 2003 compared to $13.7 million for Q3 2002, an increase of 56%. VFLX also reported net income for the quarter of $1,338,000 or $0.29 per diluted share, compare

Aussie Apparel Announces 5 for 1 Forward Stock Split

Aussie Apparel, Inc. announced that its board of directors has approved a five-for-one forward stock split of the company's common stock. The forward split will be effective on Tuesday, May 27th, 2003 to the holders of record of Aussie Apparel'

Aussie Apparel Group Has Stock Symbol Change

Aussie Apparel Group Ltd. announced Tuesday that NASDAQ changed its new symbol from AAPR to “AASI.” The change was due to an inadvertent error at NASDAQ whereby the AAPR symbol just issued to the company apparently conflicts with the symbol of a NYSE comp