SGB Executive

Speedo Appoints Creative Director

Christopher Montella has been named Director of Creative Services for Speedo®, according to an announcement made by Roger Williams, president and COO of The Warnaco Swimwear Group. Prior to joining Speedo, Montella served in various marketing positions at

Federal Government Allots More Money For Physical Education

Amidst all the bad news about the obesity crisis among American youth, comes some good news for a change. According to P.E.4LIFE, the Washington, D.C.-advocacy group for physical education, hundreds of schools and community organizations in 44 states, Pu

Green to Sell 6.2 Million Shares of Big 5 Stock

Big 5 Sporting Goods Corporation has filed a shelf registration statement registering for resale 6,171,074 shares of its common stock held by Green Equity Investors, L.P., pursuant to GEI's registration rights with Big 5. Big 5 will not receive any o

Nike Memphis DC Upgrade Could Add $100 Million to Local Economy

Nike Inc. plans to launch a $65 million upgrade to its two Memphis distribution centers in a move that will create 338 jobs over four years. Nike is seeking tax breaks for the project through the Memphis and Shelby County Industrial Development Board&#03

Costco Fiscal Year Net Income Up 3.0% on 5.0% Comp Increase

Costco Wholesale Corporation announced net sales for fiscal 2003 were $41.69 billion, an increase of 10% from $37.99 billion during the prior 52-week fiscal year ended September 1, 2002. Comparable warehouse sales increased 5% over the comparable 52-week

Some Sinister Plans in Store for Bike Maker…

Sonnax Industries, an automobile parts manufacturer, has purchased Sinister Bikes. On the surface this may seem like a corporate buyout that could ruin the downhill bike manufacturer, but in reality it seems like Neil Joseph, the owner of Sonnax, will fi

Big Brother Makes The First Move

Just a few weeks after the Climbing Wall Association completed their formation, they face their first big challenge – government regulation…

INTERBIKE is THE Place To Be This Weekend…

The InterBike Tradeshow is shaping up to be a record-breaking event on just about every level. Preliminary attendance levels are the highest they have been since 1998 with 14,000 retailers from 3,300 bike shops pre-registered. The show has seen a 43% gro

Reebok Taps Sonny Vaccaro to Run Grassroots Basketball

Reebok International and sports marketing legend Sonny Vaccaro have entered into an agreement to create a comprehensive grassroots basketball platform designed to further connect the sports and fitness brand to the youth basketball market. Vaccaro will b

NPD: Kids Spending Less on Apparel

Trailing twelve month purchases for tween and teen apparel for the period ended July 2003 decreased 17.6% and 13.8% in dollar volume, respectively, according to leading market information company The NPD Group, Inc. This compares to a 6.3% decline from 2

Malden Mills Snags $19 Million in Defense Department Deal

Malden Mills Industries Inc., makers of Polartec performance textiles, announced that the U.S. Congress has approved $19.1 million for Polartec garments for the U.S. Military in the 2004 Defense Spending Bill. Included in this funding is $3 million to co

SGMA Elects New Board Members

SGMA International re-elected Dick Kazmaier as to Chairman of the Board of the trade association. adidas EVP Tim Joyce was re-elected as Vice Chairman. Tom Rogge maintains his position as Secretary/Treasurer and John Riddle was re-appointed President/CE

Women’s Golf Seeing Pink from Rules…

The rules and costs associated with a company being a publicly-traded entity has claimed another victim, as Women's Golf Unlimited, Inc. announced last week that they have filed Form 15, Certification & Notice of Termination of Registration, with the

Jordan Signs Two New Faces

Jordan, a division of Nike, announced the addition of All-Star point guards Gary Payton and Jason Kidd to Team Jordan, the group of professional athletes hand-picked by Michael Jordan to represent the Jordan brand of footwear and apparel…

Chris Brewer Is VP Performance Footwear At Fila

In a continuing effort to develop best-in-class products and increase its market share in the athletic footwear category through improved innovation and design, Fila CEO Jon Epstein has named Chris Brewer as VP Performance Footwear for the company…