SGB Executive

Ride Expands Pitchfork Sales Territory

Shawn Penrod and Pitchfork Sales will now add Utah and Western Wyoming to the current Colorado and Eastern Wyoming territory. Shawn has been killing it in Colorado and Eastern Wyoming, and Ride is certain the dealers and areas out west will only benefit

Billabong Appoints Cansler to Head Specialty Shop Relations

Billabong has appointed Royce Cansler to director of specialty retailer relations, a newly created position.
As a 35-year veteran of the surf industry, Cansler comes to this position with a solid knowledge in the specialty surf retail arena, and has been

The Finish Line Q1 Net Income Jumps 87% on 14% Comps

The Finish Line, Inc. reported that net sales for the first quarter ended May 31, 2003 increased 22% to $207.8 million compared to $170.6 million reported for the same period last year. Comparable store net sales increased 14% for Q1 on top of a 3% incre

Callaway to Acquire Top-Flite Out of Bankruptcy

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 and Stride-Rite Extend Licensing Deal

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

Stride Rite Fiscal Q2 Net Income Dips on Sales Slip

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’ Palma Named Ernst and Young Finalist

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

Winning Edge to Rep XO Athletic

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 Posts YTD Loss on 26% Sales Decline

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%…

Gart and TSA to Exchange Vows on August 4th

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

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