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The Access Fund Announces 2003 Awards

October 31, 2003 SGB Update

At the October Access Fund board meeting, the following awards were given to volunteers who have devoted countless hours to preserving climbing access in America. Whether digging trails, attending meetings or rallying support, they were helping to keep cl

Russell Gets Acquisition Help to Post Flat Q3 Sales

October 30, 2003 SGB Update

Russell Corporation reported fiscal 2003-third quarter net income of $18.5 million, or 56 cents per diluted share, versus $23.4 million, or 72 cents per diluted share, in the prior year, beating analysts' estimates in the 45 cents to 51 cents range.

The Weather Channel Extends Gore Contract

October 30, 2003 SGB Update

The Weather Channel has again entrusted protection of its field meteorologists to W. L. Gore & Associates, inventor of GORE-TEX® fabric. The multi-year partnership, which began in 2000, will extend through 2005 and encompass advertising and content on bo

SIA Reports 17% Increase In Exhibitors

October 30, 2003 SGB Update

SnowSports Industries America (SIA) reports today the SIA SnowSports Show is experiencing a 17% increase in total exhibitors over last season. The SIA.04 SnowSports Show, which is being held at Mandalay Bay Convention Center in Las Vegas, NV, January 26-2

Ashworth Lead Apparel Vendor for 2005 U.S. Open

October 29, 2003 SGB Executive SGB Update

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

Urban Outfitters Appoints New CFO

October 29, 2003 SGB Update

Urban Outfitters, Inc. announced that John Kyees has accepted an offer to become the CFO. Mr. Kyees has had extensive experience in the financial management of a number of specialty retail companies including the Express division of the Limited, Inc. and

Aldila Posts Q3 Profit on 24% Sales Gain

October 29, 2003 SGB Update

Aldila, Inc. announced third quarter net sales increased 24% to $8.0 million, compared to net sales of $6.5 million for the 2002 third quarter. Net income was $189,000 ($.04 per share) for Q3 compared to a net loss of $699,000 ($0.14 loss per share) for

Perry Ellis Expands Europe and Australia Distribution

October 29, 2003 SGB Update

Perry Ellis International Inc. has entered into distribution agreements for three of its top brands in Europe and Australia. Bunker Boy, based in the U.K., will distribute Grand Slam products throughout the U.K. and Europe. Core Distribution will concent

Dowell Is New Hi-Tec Group Director

October 28, 2003 SGB Update

Following its recent and ongoing global re-branding strategy, Hi-Tec Sports is appointming of Simon Dowell as the new Group Product Director…

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

October 28, 2003 SGB Executive SGB Update

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

Nautilus Q3 Earnings Plunge 74% as Sales Fall 24%

October 28, 2003 SGB Update

The Nautilus Group, Inc. saw third quarter net sales fall 24.1% to $116.0 million compared to $152.9 million for the corresponding period last year. Net income plunged 73.7% during to $6.6 million, or $0.20 per diluted share, compared to $25.1 million, or

Cybex Q3 Loss Widens as Sales Increase 10%

October 28, 2003 SGB Update

Cybex International, Inc. reported net sales for the third quarter ended September 27, 2003 increased 10% to $21.9 million versus $19.9 million for the comparable 2002 period. The net loss for Q3 widened 146% to $953,000, or $0.12 per share, compared to

Luxottica Sees U.S. Q3 Retail Turnaround

October 28, 2003 SGB Update

ttica Group S.p.A. reported that third quarter consolidated net sales declined year-over-year by 6.3% to €694.5 million ($782.5 million). In constant currency, consolidated net sales for Q3 would have increased by 3.4%. Retail sales declined by 4.7% to €

Skechers Sees Q3 Loss on Close-outs…

October 27, 2003 SGB Executive SGB Update

Skechers saw third quarter sales fall sharply, but the numbers were better than the company’s previous guidance due primarily to the company’s “aggressive approach” to reduce inventories that cut into margins and pushed the company into the loss column…

Deckers is Filling in Revenue Valleys…

October 27, 2003 SGB Update

Deckers’ acquisition of the Teva brand looks like it will provide even more upside than first thought, with opportunities now apparent in the Simple line as well as the expected upside in the Teva range. The company is also pointing to the expansion of a