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Bluetorch to License Airwalk for Apparel

January 6, 2004 SGB Update

The Bluetorch subsidiary, Total Sports Distribution Inc., signed a letter-of-intent with Collective Licensing International LLC to license the Airwalk name for apparel in the United States. The impending licensing agreement would allow for Total Sports D

Leisure Trends Adds New Biz Dev Head

January 6, 2004 SGB Update

The Leisure Trends Group announced that David W. Scott has joined the firm as Director of Business Development effective January 1, 2004. Most recently David was Vice President of Commercial Operations for Tamarack Resort, L.L.C., a year-round resort in

SNL Taps Petrovsky to Lead Action Sports Effort

January 6, 2004 SGB Update

SNL Communications has hired Natasha Petrovsky as Senior Account Executive. Petrovsky’s primary focus will be on the action sports market, developing new business and
working with existing clients to build and execute strategic public relations programs.

The Athlete’s Foot Signs Licensee for Persian Gulf States

January 6, 2004 SGB Update

The Athlete's Foot has formalized an agreement with Apparel LLC of Dubai, United Arab Emirates to become The Athlete's Foot's master franchisee for the United Arab Emirates, Bahrain, Qatar and Oman. It projects a minimum of 15 store openin

NSGA: Sporting Goods CPI Trends Positive

January 6, 2004 SGB Update

The Natioanl Sporting Goods Association is reporting that the most recent data from the Bureau of Labor Statistics showed the Sporting Goods CPI Index at 101.8 for November, up 0.3% versus the November 2002 index. This is the second month in a row the In

Hi-Tec Appoints New UK Sales Director

January 6, 2004 SGB Update

Hi-Tec Sports has appointed Glenn Bennington as Sales Director of it’s UK subsidiary. With over 19 years of experience within the footwear industry, initially with adidas and Fila, Bennington joins from the Universal Footwear Corporation where he worked a

K2 Inc. Appoints Ebnet President of Stearns

January 5, 2004 SGB Executive

K2 Inc. has announced the appointment of Paul Ebnet to the position of President of Stearns Inc. Ebnet has over 24 years of experience at Stearns in several capacities including his most recent position as senior vice president for sales, marketing, and p

Billabong Acquires Honolua Surf Co.

January 5, 2004 SGB Executive

Billabong International Limited announced it
has purchased the Honolua Surf Company apparel brand and its 19-store retail network. Derek O’Neill, chief executive of Billabong International, says the Honolua Surf Company is an emerging brand with significa

Asics Files Suit Against Payless

January 5, 2004 SGB Executive

ASICS America Corporation and ASICS Corporation Japan have filed suit in Federal District Court in the US District Court, Central District of California against Payless ShoeSource Inc. for trademark infringement, unfair competition, trademark dilution a

VF Corp. Elects Otis to Board

January 5, 2004 SGB Update

Mackey J. McDonald, Chairman and Chief Executive Officer of VF Corporation announced the election of Clarence Otis, Jr. to the Company's Board of Directors. This brings to 12 the number of directors on the Company's Board…

Collegiate Pacific Raises Guidance on Acquisition Deals

January 5, 2004 SGB Update

Collegiate Pacific has issued guidance for fiscal 2004, which runs through June 2004, showing an 80% increase in revenues to $38 million vs $21 million in the fiscla 2003 period. Net income is expected to rise to $1.8 million from $570,000 in FY2003. Th

Yuen Yuen Sells Off Pou Chen Interest

January 5, 2004 SGB Update

The move by Yue Yuen to sell off 44.8 million shares of Pou Chen Corporation on the Taiwan Stock Exchange netted the company a $23 million gain and is seen as a move to dispose of non-core assets and deploy the resources into the core footwear and apparel

L.L. Bean Hires Daniel Love as VP Finance

January 4, 2004 SGB Executive

L.L.Bean has hired Daniel Love as the company's new Vice President of Finance. Mr. Love comes from the Atlanta, Georgia area where he worked most recently as Chief Financial Officer and Senior Vice President of Finance and Operations for a division o

Athletic Footwear ASP’s on the Rise

January 4, 2004 SGB Update

With advances in average prices outnumbering declines two to one for the 22 categories of athletic and sports footwear surveyed by NSGA, the average price point for all footwear rose 1.1% in 2004. The average price rose to $39.32 in 2004 from $38.88 in 20

Superfeet Discontinues Tool Business

January 3, 2004 SGB Executive

Superfeet Worldwide is discontinuing their manufacturing of premier stretching and boot modifying tools. Superfeet was the first company to manufacture tools of this sort, and they were the first patented product from Superfeet…