SGB Executive

DeLong to Acquire Lands’ End Plant…

Lands’ End’s U.S. production downsizing is DeLong’s opportunity as the brand that was recently acquired by Sears plans to close two factories in Iowa by spring, resulting in the loss of more than 175 jobs. The company under Sears and has gone entirely to

Firms Ink Deal for Nordic Region Retail Chain

SkiStar and Stadium have established a joint purchasing and operational agreement regarding a sporting goods and sportswear retail outlet. Stadium is the Nordic region's leading and most expansive sporting goods and sportswear retail chain with a tot

Kellwood Selling Auburn Sock Business

Kellwood Company announced that it has reached an agreement to sell its Auburn Hosiery Division and European operations to Delta Galil Industries, according to Robert C. Skinner, Jr., corporate vice president of Kellwood…

Honey Stinger Joins Subaru XC Ski Team

En-R-G Foods, Inc., makers of Honey Stinger energy bars and gels, have entered into a two-year sponsorship agreement with the Subaru Factory Team. The company will continue its support of the elite Nordic ski racing team through 2005 as official bar and

Court Dismisses Nautilus Infringement Claims Against ICON

ICON Health and Fitness, Inc. announced the U.S. District Court Western District of Washington on Wedneesday dismissed the last vestiges of claims asserted by The Nautilus Group. The Court's ruling marked, for practical purposes, the end of Nautilus

Ashworth Lead Apparel Vendor for 2005 U.S. Open

Ashworth, Inc. announced it was awarded the contract by Pinehurst Resorts, Inc as the lead apparel vendor for the 2005 U.S. Open Championship to be held at the Pinehurst Resort, June 13-19, 2005. Under terms of the contract, Ashworth will be the leading

Rosinsky to Head Racing Swimwear for Speedo

Kate Rosinsky has been named Merchandising Manager for Racing Swimwear for Speedo. She succeeds Maricel Castro, who has been promoted to Director of International Product Development for Speedo in London, a new post…

GSI Commerce Narrows Q3 Loss on 49% Jump in Sporting Goods Sales

GSI Commerce, Inc. reported that net revenue for its third fiscal quarter ended September 27, 2003 was $47.5 million in the third quarter of fiscal 2003, compared with net revenue of $32.3 million in the third quarter of
fiscal 2002, an increase of 46.9%.

Saucony Q3 EPS up 32% Despite 13.4% U.S. Sales Decline

Saucony, Inc. announced net income for the third quarter ended October 3, 2003 increased 37% to $2.2 million, or 34 cents per diluted share, from $1.6 million, or 26 cents per diluted share, in the comparable period of 2002. Net sales for Q3 declined 5.0

Sportsman Guide Almost Triples Q3 Earnings on 12% Sales Gain

The Sportsman's Guide, Inc. reported sales for the quarter ended September 30, 2003 were $41.2 million, a 12.2% increase over the $36.7 million in the year-ago period. The Company reported net earnings of $710,000, or 13 cents per fully diluted share

Lotto Names New Chief Sales Officer

Starting from 3rd November 2003, Alberto Niero will join Lotto Sport Italia S.p.A. as Chief Sales Officer directly responding to Andrea Tomat, President and CEO…

Feldman to Run Lodge Business at Dick’s

Denny Feldmann has joined Dick's Sporting Goods as a Vice President and General Merchandise Manager with responsibility for the hunting, camping, fishing, water sports, snow sports, work wear, and bike businesses. Mr. Feldmann joins Dick's wit

Acquisitions Hide Declines at VF Corp…

VF Corp. saw “stronger-than-expected” sales from its core businesses in the third quarter and “higher–than-expected” profit contribution from the recently-acquired Nautica Enterprises, Inc. The Outdoor Coalition, which includes The North Face, JanSport a

Consumers Still Look to Price First…

Based on research conducted by BIGresearch for the National Retail Federation, consumers this holiday are still see price driving their destination and they expect to hit the stores earlier this year to get what they need. On the receiving end, consumers