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Hot Tuna to be Re-Launched in U.S. Under New License

August 2, 2004 SGB Executive

Hot Tuna USA, LLC, has acquired the master license and will re-launch the legendary Australian surf brand
Hot Tuna in North America for Spring 2005. Hot Tuna USA acquired the license in May 2004 and will retain the license for 20 years distributing the l

Russell Corp. Organic Sales Up 3%; Earnings Up 52%

July 29, 2004 SGB Update

Russell Corporation reported fiscal 2004 second quarter earnings of $10.2 million, or 31 cents per diluted share, versus earnings of $6.7 million, or 20 cents per diluted share, in Q2 2003. Excluding the 8.5 cents gain from the sale of its interest in Ma

SIA and CDC Sign New Alliance

July 28, 2004 SGB Update

SnowSports Industries America (SIA) and the US Department of Health and Human Services’ Center for Disease Control and Prevention have inked a new partnership to promote snow sports among kids aged 9-13 through the powerful national VERB™ campaign…

Garmin Second Quarter Sales Jump 32%

July 28, 2004 SGB Update

Garmin revenue for the quarter increased 32% to $189.7 million from $143.5 million in the year-ago quarter. Net income was $56.3 million, or $0.52 diluted earnings per share, compared to $47.2 million or $0.43 diluted earnings per share in the year-ago q

Aldila Sales Jump 44.4% in Q2

July 28, 2004 SGB Update

ALDILA net sales were $14.3 million and net income of $2.2 million, or 42 cents fully diluted per share, for the second quarter ended June 30, 2004. This is a 44.4% increase in sales when compared to the comparable
2003 second quarter, when the Company ha

OIA Releases Latest Participation Study

July 28, 2004 SGB Update

Reaching 145.7 million Americans, the outdoor recreation population has grown larger, younger, and become more
dedicated over a six-year study period, according to the 2004 Outdoor Recreation Participation Study for the United States, released this week b

PUMA Sees Q2 Profits Jump Nearly 49%; Backlog Up 21.9%

July 27, 2004 SGB Update

PUMA reported that second quarter consolidated sales increased by 17.1% to €352.3 million ($424.3 mm). The Apparel segment realized the strongest growth of 26.3% to €98.7 million ($118.9 mm). Footwear was up 13.3% to €229.0 million ($275.8 mm) and Accesso

Johnson Outdoors Closes Two Watercraft Facilities

July 27, 2004 SGB Update

Johnson Outdoors plans to outsource manufacturing at its Grand Rapids, Michigan facility, and to shift production from Mansonville, Canada to its Old Town, Maine operation, as part of the Company’s on-going efforts to increase efficiency and improve prof

Luxottica Earnings Jump 17% on 14% Sales Gain

July 27, 2004 SGB Update

Luxottica Reported that consolidated net sales for the second quarter improved by 13.7% to €803.5 million. Consolidated operating income for the quarter improved year-over-year by 24.3% to €139.1 million. Consequently, consolidated operating margin for th

Icebreaker Opens New U.S. Facility

July 26, 2004 SGB Update

Icebreaker has opened the doors of its U.S. customer service and distribution center located in Santa Barbara, California. In a move to establish greater reach in the U.S. market, Icebreaker is now positioned to serve its existing and future U.S. retaile

Arctic Edge Hires Pine as New VP-Sales and Marketing

July 26, 2004 SGB Update

Arctic Edge LLC, North American distributors of 66ºNORTH, has hired marketing executive Karim Pine as its Vice President of Sales and Marketing. Pine will help build and support key accounts and hire and manage the sales team. Karim Pine is the former pro

ASICS Opens the Books to Successes…

July 26, 2004 SGB Update

In uncharacteristic fashion, ASICS America Corp. last week reported that sales for the first half of 2004 increased 9.5% to $111.1 million versus the first half of 2003. Footwear sales outpaced total sales, increasing 11.2% for H1…

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