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The Athlete’s Foot Expands in Canada

January 15, 2003 SGB Update

The Athlete's Foot Marketing Associates, Inc., a subsidiary of The Athlete's Foot Group, Inc. has signed an agreement with Wayne Metcalf for franchise rights to open The Athlete's Foot stores throughout Calgary, Alberta in Canada…

Footstar SVP/Finance Resigns

January 15, 2003 SGB Update

Footstar, Inc. announced that Thomas Baumlin, Senior Vice President of Finance, has decided to leave the Company effective January 31, 2003, following a reorganization of Footstar's finance organization…

SIA Reports Chain Store SnowSports Sales Up 4.2%

January 15, 2003 SGB Update

SnowSports Industries America said chain stores sales were up by 4.2% for August through November compared to the same period of 2001. In dollars, that translates to $132.9 million in sales so far this year compared to $127.6 million in 2001. The unit sal

The Sports Authority Lauded For Creativity

January 14, 2003 SGB Update

The message to the more than 12,500 retailers attending the National Retail Federation's annual convention: Focus on innovation, customer service and convenience if you want to succeed…

Ward to Retain USOC Chief Executive Post

January 14, 2003 SGB Update

Lloyd Ward's position as chief executive of the U.S. Olympic Committee remained secure Monday after an ethics oversight committee found that he did not violate the USOC's code of ethics…

Parallel Universe? I think Not.

January 13, 2003 SGB Update

Recently, industry pundits attempted to draw a parallel between Levi Strauss and Nike, implying that Levi’s fall from grace may portend the same for the world's largest athletic brand. There was an article about NKE in last Sunday’s New York Times ma

Hartford Snags Top Rep Prize; Sporthill Signs On

January 13, 2003 SGB Update

Larry Hartford, principal of Laguna Niguel-based the hartford sales group, had a Merry Christmas this year. The thirty-year industry sales veteran was recently named the west coast recipient of the SGMA/SGAA/Sports Edge Magazine Sales Rep of the

Wells Fargo Helps Re-Cap Copeland’s…

January 13, 2003 SGB Update

Wells Fargo Retail Finance, LLC announced that it has provided a $35 million credit facility for Copeland Enterprises, Inc., operators of Copeland's Sports. The credit facility contributed to the recapitilization of the Company by Bruckmann, Rosser,

Phoenix Takes a Run at Antigua…

January 13, 2003 SGB Update

Phoenix Footwear Group, Inc., formerly known as Daniel Green Company, has made an offer to purchase Antigua Enterprises, Inc. through a tax-free merger. The deal would see Phoenix acquiring all of Antigua's approximately 15,030,214 shares of outstan

Oakley Sees 2003 Earnings Below Street View…

January 13, 2003 SGB Update

Oakley shares were off 4.2% for the week after the company reaffirmed its guidance for fourth quarter and issued its initial expectations for 2003. The company sees Q4 earnings per diluted share of approximately $0.03 before a previously announced Europ

Rawlings Fiscal Q1 Sales Decline 10%; Reports Loss

January 10, 2003 SGB Update

Rawlings' first quarter fiscal year 2003 sales were $30.0 million, down 10.3% from first quarter fiscal year 2002 sales of $33.4 million. Net loss for first quarter fiscal year 2003 was $0.7 million compared to a loss in first quarter fiscal year 20

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