SGB Executive

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

Huffy Sports Company announced last week that the company had agreed to a new two-year labor agreement with workers that took effect on June 15, 2003…

The buy-out saga at Elder-Beerman Stores continues to get more interesting after it was revealed last week that the CEO and CFO of the company were identified as the “Exclusive Bidders” in the acquisition talks reported by EBSC on May 16. Elder-Beerman s

Augusta Sportswear Inc. is in the process of adding 30,000 square feet to its existing facility in Grovetown, GA. The expansion enables the company to add a new conveyor system that is expected to expedite order fulfillment and shipment.

Aussie Apparel Group Ltd. is further expanding its stable of action sports brands, announcing last week that it has signed a letter-of-intent with GBI to acquire the Bluetorch trademark and other intellectual property. Terms of the deal were not disclose

The issues that are plaguing VF Corporation appear to be a non-issue for The North Face, the conglomerate’s hot hand in it’s “Outdoor Coalition”. Last week, we reported that VFC was forced to revise its Q2 guidance downward on inventory hangovers…

In other news last week, Cutter & Buck said they will pay as much as $7 million to settle two shareholder lawsuits that were triggered by the restatement of its financial results. The suits were filed last year after new CEO Fran Conley reported that for