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adidas Sees Continued U.S. Weakness…

October 6, 2003 SGB Update

At the company’s Investor Day presentation last week, adidas-Salomon AG CFO Robin Stalker discussed the difficulties that the company is having in the critical U.S. market, revealing that North America full-year sales for 2003 are expected to come in belo

Tiger Goes Back to a Nike Driver…

October 6, 2003 SGB Update

Tiger Woods has changed drivers again, switching back to a new Nike driver after a two month stint with his old Titleist 975D model. The new Nike club will be the largest he has ever used in competition. Woods has been struggling with control off the te

DeFeet Uses Flashy Feet to Grow…

October 6, 2003 SGB Update

Textile Mills are slowly becoming a thing of the past in the U.S., particularly in the Carolinas, but one North Carolina company may have found the answer – innovate or die…

Cannondale Shuffles Executive Deck…

October 6, 2003 SGB Update

Cannondale has terminated the employment of three key executives, with Scott Montgomery, VP of Marketing, Dan Alloway, VP of Sales, and Len Konecney, VP of Purchasing, all handed walking papers last week…

GolfGear to Outsource Production, Launch Direct Sales…

October 6, 2003 SGB Update

GolfGear International, Inc. is making a major change in the way it operates, shifting away from a manufacturing company to a direct marketing company. The company will see overhead cut by approximately 50% by outsourcing the manufacturing and assembly o

Jordan Signs Two New Faces

October 6, 2003 SGB Executive SGB Update

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…

Gottschalks CFO Resigns

October 3, 2003 SGB Update

Gottschalks Inc. announced that the company's Chief Financial Officer, Michael Geele, has resigned to pursue other opportunities. Kevin Bradshaw, the company's Vice President of Finance, will take over all related financial responsibilities unt

REI Opens New SF Store

October 3, 2003 SGB Update

Recreational Equipment Inc. opened a store at 840 Brannan Street in San Francisco's South of Market neighborhood. The 37,000 square-foot store is REI's first in San Francisco and eighth in the Bay Area…

Phoenix Footwear Acquires Royal Robbins

October 3, 2003 SGB Update

Phoenix Footwear Group announced that it has signed a definitive agreement to acquire Royal Robbins, Inc., an established casual and outdoor apparel brand based in California. The acquisition will mark Phoenix Footwear's entry into the men's and

Track N’ Trail Opens New Store

October 3, 2003 SGB Update

High-performance footwear retailer Track 'n Trail announced the opening of its store in Peoria, located at the Shoppes at Grand Prairie. The grand opening celebration began Oct. 2…

SSG Appoints New President and Director

October 3, 2003 SGB Update

Sport Supply Group announced the appointment of Geoffrey P. Jurick as President, replacing John Walker who resigned as President and Director. He also serves as Chairman, Chief Executive Officer and President of Emerson Radio Corp. Emerson owns 54% of Sp

Penguin Taps Foot Locker Vet to Run Sales

October 3, 2003 SGB Update

Penguin Brands announced that Ted Roberto will be joining the company as National Sales Manager, effective November 1, 2003. Mr. Roberto has spent the last 28 years with Foot Locker, Inc. where he held various senior management positions in sales, produc

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