SGB Update Apparel

STX Sues Reebok for Patent Infringement

STX L.L.C., the Baltimore-based lacrosse company, has filed a patent infringement lawsuit against Reebok International Ltd. According to the complaint filed in the U.S. District Court For The District Of Maryland, STX claims Reebok has infringed on one of

Acushnet Offers Separation Packages to U.S. Employees

Acushnet Company, the golf equipment manufacturer comprised of the Titleist, FootJoy and Cobra brands, has offered a voluntary separation program to a number of salaried United States-based associates nearing retirement…

FIFA Names Official Merchandiser for 2010 World Cup

Total Apparel Group, Inc. has been appointed by FIFA's Exclusive Worldwide Master Licensee, Global Brands Group (GBG), for a multi-year exclusive Distribution Rights agreement within the United States, Caribbean and U.S…

Quik Cuts ASR Presence

Also on the quarterly conference call, Chairman, President and CEO Bob McKnight commented that all Quiksilver brands with the exception of DC would not have a presence at the ASR show in January…

American Rec Further Consolidates Outdoor Brands Under New Umbrella

American Recreation Products will replace dozens of outside reps with an in-house sales force over the next 30 days in a bid to cut costs and reach earnings targets of Sun Capital Securities Group LLC. The move is part of a broader reorganization of the

$20 Million in Grants Will Help Preserve Coastal Wetlands

H. Dale Hall, Director of the U.S. Fish and Wildlife Service, announced that twenty-five conservation projects benefiting fish and wildlife on more than 13,543 acres of coastal habitat in twelve States will be funded with $20.1 million from 2009 National

FIFA Names Official World Cup Merchandiser

Total Apparel Group, Inc. has been appointed by FIFA's Exclusive Worldwide Master Licensee, Global Brands Group(GBG), for a multi-year exclusive Distribution Rights agreement within the United States, Caribbean and U.S. Territories for the 2010 FIFA

Brunswick Takes Up to $135M Accounting Charge

Brunswick Corp. said an accounting error will result a charge against earnings of up to $135 million this year. The Lake Forest, IL-based company said that financial filings for the first nine months of 2008 should “no longer be relied on” because the com

Nautilus to Expand Facilities in Virginia

Nautilus, Inc. plans to invest $1.7 million to expand in Grayson County in Virginia. The move expands its manufacturing operation to add a cardio exercise equipment line, and will create 60 jobs, according to a statement from the office of governor of Vir

Lifetime Acquires Jumping Jack Trailers

Lifetime Products, Inc. has acquired the assets of Jumping Jack Trailers, Inc., adding Tent/Trailer to Lifetime's own lineup of consumer products. All products previously produced by Jumping Jack will now be manufactured at Lifetime's 2.6 millio

ARP to Take Sales Inside in Reorganization

American Recreation Products will replace dozens of outside reps with an in-house sales force in 30 days in a bid to cut costs and reach earnings targets of Sun Capital Securities Group LLC. The move is part of a broader reorganization of the company that

TaylorMade Cuts 170 jobs After Ashworth Acquisition

TaylorMade-Adidas Golf is cutting 170 jobs, or about 12% of its local work force, as it integrates its new Ashworth acquisition. TaylorMade acquired Ashworth Inc., also based Carlsbad, CA, for $73 million on Nov. 21. According to the North County Times in