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Delta Apparel Reports Preliminary Fiscal Q2 Results

January 11, 2005 SGB Executive

Delta Apparel, Inc. expects net sales for the second quarter of fiscal 2005 to be approximately $49 million, an increase of approximately 8% from the prior year's second quarter of $45.6 million. Net income is expected to be in the range of $1.0 to $

REI is One of Fortune’s ‘100 Best Companies to Work For’

January 10, 2005 SGB Update

For the eighth consecutive year, Recreational Equipment, Inc. has been named as one of the “100 Best Companies to Work For” by FORTUNE magazine. The outdoor retailer known for its quality gear, staff expertise and commitment to environmental stewardship r

Trent and Troy Bush Take Over Section Apparel Co.

January 10, 2005 SGB Update

Section Clothing Company and Spyder Active Sports announced that Section has become its own business entity as of January 1st, 2005. The relationship between Spyder and Trent and Troy Bush began in 2002, with Spyder supporting the snowboard outerwear bra

OIA Member Companies Pledge $1.4 million to Disaster Relief

January 10, 2005 SGB Executive

As the eleven nations devastated by the Tsunami begin the arduous process of rebuilding, they will rely heavily on the kindness of people around the world. Outdoor Industry Association is pleased to report that as part of that kindness, to date, we know o

Epstein to Lead New Le Coq Sportif Effort in U.S.

January 10, 2005 SGB Executive

Olivier Jacques, Chairman of Le Coq Sportif International, announced that the illustrious French sportswear brand will launch its prestigious footwear and apparel collections in North America in Fall 2005. The North America launch is a result of a collab

Eider Expands U.S. Presence…

January 10, 2005 SGB Update

The French apparel company, Eider is stepping up their focus on the U.S. market through several initiatives launched by their North American distributor, Eider N.A., owned by Gene Frederick, the company’s president. Eider N.A. has hired True North Brand g

Have We Seen the Death of Black Friday?

January 10, 2005 SGB Update

Many retailers reported last week that they had lackluster Holiday sales until the post-Christmas business jumped the last week of the year. What was the catalyst? Gift Cards. Major retailers from Wal-Mart to Hibbett’s to The Finish Line noted that rob

December Comps Fall 3.0% at Payless

January 6, 2005 SGB Update

Payless ShoeSource reported that same-store sales decreased 3.0% during the December reporting period, the five weeks ended January 1, 2005. Company sales totaled $284.2 million, a 5.8% decrease from $301.8 million during fiscal December of last year.

Confluence will Donate A Portion of ‘Tsunami’ Kayak Sales

January 6, 2005 SGB Update

Confluence Watersports will be donating a portion of sales of their Wilderness Systems Tsunami kayaks to the disaster relief effort in Southeast Asia. Confluence will donate a
minimum of $20,000 a year through Outdoor Industry Association's disaste

Rocky Completes EJ Footwear Acquisition

January 6, 2005 SGB Update

Rocky Shoes & Boots, Inc. has completed the acquisition of EJ Footwear Group. The total purchase price, including a closing date working capital adjustment, for 100% of the equity interested of EJ Footwear was $89.5 million in cash plus 484,261 shares of

Asics Gets Preliminary Injunction Against Wanted Shoes

January 6, 2005 SGB Update

ASICS America Corporation and ASICS Corporation Japan have been granted a preliminary injunction against Wanted Shoes, Inc. for trademark infringement for the sale by Wanted of shoes that bear a stripe design similar to ASICS' famous stripe design. T

Petzl Hires Blackwell as Southwest Rep

January 5, 2005 SGB Executive

Petzl has hired Chuck Blackwell as its Southwestern sales representative. Blackwell joins Petzl with 15 years of sales experience and will cover the Arizona, Nevada, and Southern California regions. Blackwell replaces Petzl's former Southwest rep She

Delta Apparel Closes Sale of SC Yarn Plant

January 5, 2005 SGB Executive SGB Update

Delta Apparel, Inc. has completed the sale of its yarn manufacturing plant in Edgefield, South Carolina to Parkdale America, LLC for $10 million. In conjunction with the sale transaction, DLA entered into a five-year agreement with Parkdale to supply its

adidas-Salomon Now Trading on U.S. OTC Market

January 5, 2005 SGB Update

adidas-Salomon has established an unrestricted sponsored Level 1 American Depositary Receipt (ADR) facility. Represented by the symbol ADDYY, adidas-Salomon ADRs will trade on the over-the-counter market in the United States. Each ADR represents one-half

Bell Sports Re-Acquires Bell Racing

January 5, 2005 SGB Update

Bell Sports has acquired Bell Racing, Inc., maker of industry-leading auto racing helmets and gear. The deal gives Bell Sports exclusive rights to design, market and sell Bell-branded auto racing helmets and accessories in North and South America. Financi