SGB Executive

Fila Adds Peveto as SVP Global Footwear

Sport Brands International has named industry veteran Mikal Peveto as SVP Global Footwear for Fila. In his new role, Mr. Peveto will assume global responsibility for Fila footwear design, development and marketing and will oversee the company's effo

Cabela’s Plays Musical Chairs…

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.

Brunswick Acquires Majority Stake in GPS Maker

Brunswick Corporation has acquired 70% of the stock of Navman NZ Limited, a New Zealand-based leader in global positioning systems (GPS)-based products and marine electronics, for total consideration of approximately $33 million. Brunswick said it has an

Sports Brands Completes Fila Deal…

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 Corporation Goes After Target in Trademark Action …

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

GolfGear International Names Korean Distributor

Cloud Water Co., Ltd., Seoul, Korea, has been appointed exclusive distributor of GolfGear International, Inc. products in Korea, it was announced by Don Anderson, GolfGear founder and chief executive officer…

Reebok Expands Reach With NBA Deal…

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

Aldila to Sell Its Interest in Its Carbon Fiber Joint Venture

Aldila, Inc. has reached a tentative agreement, subject to conditions, and entered into a non-binding letter of intent with its joint venture partner, SGL Carbon Fibers and Composites, Inc., to sell its interest in Carbon Fiber Technology, LLC to SGL…

Payless Will Live Up to Name in Q2…

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…

Timberland Appoints Board Director

The Timberland Company announced the appointment of Irene M. Esteves to the Company's board of directors, effective June 23, 2003. Ms. Esteves is Senior Managing Director and Chief Financial Officer for Putnam Investments in Boston, Massachusetts…

And Unifi Gets Bad News As Well…

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

Thanks for the Introduction…

When Cherokee introduced Mossimo to Target in early 2000, they expected to receive a finder’s fee on royalties paid to the apparel company through its licensing agreement with the discount retailer. A Los Angeles Superior Court judge concurred last Tuesd

Huffy Sports in Labor Deal…

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…

Elder-Beerman Execs on the Hot Seat…

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 Expands Distribution Center…

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.