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adidas Admits to U.S. Missteps, Looks to Future…

November 10, 2003 SGB Update

As is any twelve-step process to recovery, it’s important first to admit that you have a problem. adidas-Salomon management believes they know what they need to do to fix the weakened U.S. adidas brand business, including a major branding campaign and a

Sport Chalet Has Largest Gain in Years…

November 10, 2003 SGB Update

Sport Chalet posted its highest comp store sales gain since fiscal fourth quarter of 2001 when it reported an 11.3% comp store gain, and the first Q2 positive gain in three years as it capitalized on the growth in newer stores to show a nice 3.7% gain in

Bear Stearns Reveals the Real Skinny on the CamelBak Deal…

November 10, 2003 SGB Update

In a story first reported in SEW’s sister publication, The B.O.S.S. Report last Monday, Bear Stearns Merchant Banking confirmed Thursday that they have purchased CamelBak Products, Inc. from Kransco Group owner John Bowes’ family in a $210 million all-cas

Hall of Fame to Honor Three More…

November 10, 2003 SGB Update

The Sporting Goods Industry Hall of Fame has selected Jim Chick, Phil Knight and Jerry Turner as the three newest members of the industry’s most exclusive club. The induction ceremonies will be conducted at the NSGA’s Annual Management Conference & Team

SIA Launches Four New Consumer Websites

November 10, 2003 SGB Update

SnowSports Industries America (SIA) announces the launch of a new and ground-breaking consumer suite of websites designed to educate and entertain current and potential snow sport's consumers. Thesnowlab.com suite consists of 4 unique sites: snowlink

Petzl Hires Bard As Sport Div. Manager

November 7, 2003 SGB Update

Petzl appointed Dale Bard as Sport Division Manager. In his new position, Bard will be responsible for the overall sales direction of the Sport Division, and will work closely with Petzl's marketing department to reinforce Petzl's leadership pos

Saks October Comps Up 4.1%

November 6, 2003 SGB Executive

Saks Incorporated announced that for the four weeks ended November 1, 2003 compared to the four weeks ended
November 2, 2002 total sales increased 5.0% and comparable store sales increased 4.1% on a total company basis. By segment, comparable store sales

Speedo Extends Phelps Deal Through 2009

November 6, 2003 SGB Update

SPEEDO has extended an endorsement deal with swimming superstar Michael Phelps through 2009. This summer, the 18-year old American set an astonishing seven world records in just 41 days. It is SPEEDO's richest swimwear sponsorship of all-time and inc

The Conservation Alliance Announces Annual Grants

November 6, 2003 SGB Update

The Conservation Alliance, a coalition of outdoor industry businesses working to fund conservation and recreation causes, announced its latest round of funding, six grants totaling $160,000 to organizations working to protect lands for habitat and recreat

Stage Stores Completes the Acquisition of Peebles

November 4, 2003 SGB Update

Stage Stores Inc. has completed its previously announced acquisition of Peebles Inc., a privately held, similarly focused retail company headquartered in South Hill, Va. The total cost of the acquisition, including certain transaction related costs, net

Tiger Adds Two More NIke Clubs to Bag

November 4, 2003 SGB Update

Tiger Woods has quietly made a milestone switch to two more
golf clubs from Nike Golf as he prepares for one of the biggest challenges of the 2003 season, The TOUR Championship this week at the Champions Golf Club in
Houston, Texas. The addition of the 5

Wolverine Completes Sebago Acquisition

November 4, 2003 SGB Update

Wolverine World Wide, Inc. has finalized the acquisition of the business and select net operating assets of Sebago, Inc. originally announced on July 24, 2003. Outdoor Division president Jacques Lavertue said WWW will be introducing Sebago product update

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