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Deuter’s Continued Growth Brings About Changes

September 29, 2003 SGB Update

Deuter USA has undertaken a consolidation of their sales efforts and expansion of their customer service function. In addition to new staff, Deuter USA recently moved to a new office/warehouse space of over 3,000 sq. ft. which they hope will be adequate

GolfGear Executes Strategic Shift in Business

September 27, 2003 SGB Update

GolfGear International, Inc. has initiated a strategic new operational and marketing plan that will shift the way the company manufactures, markets and sells its golf clubs. Aggressive steps are being taken to reduce expenses and overhead, and, by the en

The Industry Says Goodbye To David Stone

September 26, 2003 SGB Update

David Stone, husband, devoted father, alpinist, backcountry skier, road biker, accomplished guitarist, and master of the dreaded British one-liner passed away Sept 23rd after a hard fought battle with stomach cancer. He is survived by his wife Lin, daught

Sport Haley Narrows Q4 Loss on Ben Hogan Strength

September 25, 2003 SGB Update

Sport-Haley reported net sales for the fiscal fourth quarter increased 13% to $5.9 million from net sales of approximately $5.2 million for the same quarter in the prior year. Net loss for Q4 was approximately ($146,000), an improvement of 66% compared w

Converse Signs Five NBA First-Round Draft Picks

September 25, 2003 SGB Executive SGB Update

Nike took little time in ramping up the endorsement roster at newly-minted subsidiar Converse. In a move that signals its redoubled commitment to performance basketball, sports marketing and its authentic basketball heritage, Converse announced that it h

When Worlds Collide…

September 25, 2003 SGB Executive SGB Update

Suunto and Microsoft have joined forces in an effort to make their shared vision of “a world in which small, connected, intelligent devices can deliver highly personalized, customized information to people wherever they are…”

Bell Canoe Lands New Plant

September 23, 2003 SGB Executive

Construction of the new Bell Canoe Works facility is scheduled to begin in October 2003. The new plant will incorporate all composite and Royalex® manufacturing, boat and accessory warehousing, shipping, and administrative functions. The facility is expec

WSI Files For Chapter 11…

September 23, 2003 SGB Executive

WSI Manufacturing has filed for bankruptcy after a patent infringement lawsuit decision was made in Oklahoma. The determined that WSI’s acts in this case were willful, and awarded the defendants $600,000, but the judge in the case stated that he was consi

Petzl Leads the Pack in High Tech

September 23, 2003 SGB Executive

Petzl has been awarded the INOVIS STAR award for leadership in business commerce automation from INOVIS Corp – a business commerce software company based in Atlanta. Using INOVIS Software, Petzl's IT department has created an original EDI (Electronic

Iacon Lanches New Outlet Store Concept

September 23, 2003 SGB Update

Iacon, Inc., a retail store division of Oakley, Inc., announced that it will be introducing a new retail concept, Sunglass Club, which will focus on high-quality outlet retail opportunities with two stores planned to open in 2004…

Skechers Signs Jeans Licensee

September 23, 2003 SGB Update

Skechers USA, Inc. has named Federal Jeans, Inc. the licensee for Somethin' Else from Skechers-branded junior sportswear apparel in the United States and Canada. The line will launch in department stores in August 2004…

Stride Rite Q3 Earnings Down on Higher Tax Rate

September 23, 2003 SGB Executive SGB Update

The Stride Rite Corporation reported net sales for the third quarter of fiscal 2003 were $139.7 million, an increase of 2% from the net sales of $137.0 million in the comparable period of fiscal 2002. Net income for the quarter declined 9.0% to $6.4 mill

Karbon Outfits CBS Announcers

September 23, 2003 SGB Update

IMG, the producers of the sixth annual “Escape from Alcatraz” event chose KARBON to outfit the CBS announcers, Bill Macatee and Dwight Stones…

Aussie Apparel Acquires Bluetorch License

September 22, 2003 SGB Executive SGB Update

Aussie Apparel Group announced that it has signed a definitive agreement with Irvine, CA based GBI to license the “Bluetorch Brand” for apparel and certain other categories. Aussie Apparel has the option to buy the brand in 2006. Additionally, they have t

Euro Retail Places Last at Decathlon…

September 22, 2003 SGB Update

Decathlon Sports will close 14 of its 18 former MVP Sports in New England by the end of the year. The French parent company, which reported €2.8 billion ($2.7 bn) in worldwide sales in 2002, is expected to keep only the Burlington, Bellingham, Norwood an