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ITF Re-Elects Ricci Bitti

September 11, 2003 SGB Executive SGB Update

The Annual General Meeting of the International Tennis Federation, held in
Rio de Janeiro today, 11 September 2003, elected Francesco Ricci Bitti…

Bauer Nike Hockey Restructures U.S. Unit

September 10, 2003 SGB Executive SGB Update

Bauer Nike Hockey announced a restructuring of its U.S.-based sales and service network to further enhance its ability to serve major American markets and maximize retailer profitability. The realignment initiatives, which take place October 1, 2003, inc

Cutter and Buck Posts Fiscal Q1 on Flat Sales

September 10, 2003 SGB Update

Cutter & Buck Inc. swung to a $1.1 million net income in the quarter year ended July 31, 2003 which includes $3.2 million pretax profit from our remaining wholesale business. It also includes $1.7 million pretax restatement expenses, including expenses to

Cutter and Buck Appoints Product Group Head

September 10, 2003 SGB Update

Cutter & Buck announced the appointment of Henry Fielding as Vice President and Manager of the Products Group. He will be responsible for the departments that develop the company's line plans and merchandising approaches, design and develop the prod

Callaway Appoints Penicka to Head Top-Flite

September 10, 2003 SGB Update

Callaway Golf Company announced that Bob Penicka will be appointed as President and Chief Operating Officer of Top-Flite(R) Golf Company, a wholly-owned subsidiary of Callaway Golf, upon the completion of the acquisition of Top-Flite's assets later t

Nalgene and Jansport Join Forces For New Product…

September 10, 2003 SGB Update

NALGENE and JanSport, the number one market share-leading producer of backpacks have announced a unique partnership. NALGENE and JanSport announced their plans to develop a co-branded line of hydration backpacks…

ProfitLogic Acquires Spotlight Solutions

September 10, 2003 SGB Update

ProfitLogic, whose suite of Merchandise Optimization solutions helps retailers make more profitable merchandising decisions, announced its acquisition of Spotlight Solutions, the number two player in the Merchandise Optimization market…

Huffy Issues Profit Warning on Weaker Q3 Sales

September 10, 2003 SGB Update

Huffy Corporation announced that sales and earnings for August were below anticipated levels and the company now sees full year sales in the range of $455 million to $460 million and EPS in the 44 cents to 52 cents range. The revised forecast is in sharp

Brunswick Settles Precor/Life Fitness Action

September 10, 2003 SGB Update

Amer Group Plc has recognized a gain of $23 million following the amicable settlement of a patent litigation case in the U.S. The Life Fitness division of Brunswick Corporation will pay the settlement amount in two annual installments in 2003 and 2004, i

Joy Files Chapter 11 as Factor Goes South

September 10, 2003 SGB Update

Joy Manufacturing filed for Chapter 11 bankruptcy protection Tuesday after the collapse of its factor, E.S. Bankest, left it unable to pay its bills, said Larry S. Schantz, the company's attorney in report in the Miami Herald. Schantz said in the r

ITF Launches New Website

September 9, 2003 SGB Executive SGB Update

The ITF today relaunches its website as part of its commitment to increase the range and accessibility of tennis information available to all audiences over the internet. Building on the successes of the Official Davis Cup and Fed Cup websites, which are

Russell Corp. Issues Profit Warning for Q3

September 9, 2003 SGB Executive SGB Update

Russell Corporation revised its earnings expectations for the 2003-third quarter and 2003-fiscal year, primarily citing difficult conditions in the Artwear channel. The company now forecasts earnings for the 2003-third quarter ending October 5, 2003 to b