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West Marine Q3 Income Drops on Store Closing Costs

October 26, 2006 SGB Update

West Marine, Inc. reported net sales of $195.6 million for the third quarter, an increase of 3.7% from net sales of $188.6 million for the same period last year. In addition, comparable store sales increased 2.4% for the quarter. Net income was down 80.0%

Crocs Acquires EXO Italia

October 24, 2006 SGB Update

Crocs, Inc. has acquired EXO Italia, S.r.l., designer and developer of EVA-based finished products with a focus on the footwear industry. Headquartered in Padova, Italy, EXO Italia has worked with several leading branded consumer companies to produce high

Nike Taps Sears Vet as VP E-Commerce

October 24, 2006 SGB Update

Nike, Inc. hired industry veteran Chris Shimojima to take the newly created position of VP, global e-commerce. Shimokima will report directly to president and CEO Mark Parker and will be responsible for driving an integrated global e-commerce strategy for

O’Neill Taps Bost as CEO

October 24, 2006 SGB Update

O’Neill Clothing and Lost Clothing appointed Toby Bost as CEO. As CEO, Bost will oversee the day-to-day operations of O’Neill, Lost, and Metal Mulisha Clothing brands based out of the Irvine, CA offices. Bost succeeds Kelly Gibson who has resigned…

Boa Tech Partners with FootJoy

October 24, 2006 SGB Update

Boa Technology added FootJoy as its newest brand partner. FootJoy's first shoe featuring the Boa Lacing System, the ReelFit, marks Boa's first venture into the golf footwear market…

Life-Link and Dynafit Part Ways as Salewa Goes Direct…

October 23, 2006 SGB Update

Salewa is preparing to launch a U.S. subsidiary and is ending its distribution agreement with Life-Link Backcountry Travel for Dynafit alpine touring ski bindings, skis, boots, and accessories. For the 2006/07 winter season all shipping, ordering, and cu

Buxbaum Group Expects ‘Middling’ Holiday Season

October 23, 2006 SGB Update

The coming holiday season won’t bring much joy to the nation’s retailers, retail expert Stevan Buxbaum forecasts.
Retailers can expect a small increase in holiday sales but no real strength – the same kind of middling performance they saw in back-to-schoo

Dalbello and Elan Form Join Venture in U.S.

October 19, 2006 SGB Update

Dalbello Skiboots & Elan Skis have announced the beginning of a new strategic global alliance. This new alliance, which officially begins January 1, 2007, involves partnerships in both the Unites States and Canada. Future partnerships are planned in othe

VF Corp. Elects Wiseman to Board

October 19, 2006 SGB Update

Eric C. Wiseman has been elected to VF Corporation's board of directors. Wiseman, 51, is president and COO of VF Corp. and has responsibility for the company's day-to-day operations. Wiseman's election increases the number of directors on t

Play It Again Parent Q3 Sales Up; Net Slips

October 19, 2006 SGB Update

Winmark Corporation posted net revenues of $7.2 million for the third quarter, an increase of 15.1% over the $6.3 million reported during the same quarter last year. Net income for the third quarter was $838,200, or 14 cents per share diluted, down 9.5% f

RECALL: Petzl Locking Carabiners

October 18, 2006 SGB Update

The CPSC and Petzl America are recalling about 8,000 of its M34 BL Am'D Ball-Lock and M36 BL William Ball Lock carabiners with metal locking sleeves. These carabiners have a green button that acts as a safety mechanism to prevent unlocking. The recal

Saucony Taps Dooley and Barbano for VP Roles

October 17, 2006 SGB Update

Saucony, Inc. named Susan Dooley its vice president of marketing and promoted Sharon Barbano to vice president of public relations. Both Dooley and Barbano will also oversee marketing and public relations, respectively, for technical apparel brand Hind, a