SGB Update Footwear
HealthSport Raises $3 Million in Private Placement
HealthSport, Inc., the developer of the edible Enlyten SportStrips nutritional supplements system, raised approximately $3 million through a private placement of its shares of common stock. Investors in the financing include former NFL stars Bruce Smith,
Accell’s EU Bike Sales Boosted by Warmer Weather
Accell Group N.V. said during the General Meeting of Shareholders that sales in the first months of 2007 exceeded those in the same period of 2006 for all three product groups: bicycles, bicycle parts and accessories, and fitness. The increase of sales wa
Timberland to Restate Financials; Delays Q1 Reporting
The Timberland Company is postponing the release of its first-quarter results to make certain non-cash adjustments to its financial statements. As the result of a review of recent clarifying guidance relating to accounting for foreign currency hedging ins
Backcountry and Couloir Merge
Backcountry and Couloir Magazines have merged. Backcountry Magazine publisher, Height of Land Publications (HOL) announced the deal that combines the experience of both titles making a bigger, better Backcountry Magazine. Couloir Publications founding pub
Brunswick’s Boat Woes Continue in First Quarter
Brunswick Corporation saw net earnings from continuing operations of $34.3 million, or 38 cents per diluted share, for the first quarter of 2007, compared with net earnings from continuing operations of $74.1 million, or 77 cents per diluted share, for th
SGMA Joins Fight Against Metal Bat Ban
The Sporting Goods Manufacturers Association announced support for consumer choice in the growing legislative debate over non-wood bats in baseball and softball. While some local legislative bodies in New York and New Jersey are considering a ban on any b
Sierra Club Donates $1 Million to Send Military Children to Summer Camp
This year, an additional 1,000 children of deployed service members will attend Operation Purple Summer Camps free of charge thanks to a more than $1 million donation by the Sierra Club. The donation, announced today by Sierra Club�s Executive Director
Mountain Hardwear Adds to Sales Force
Mountain Hardwear Inc. hired the Stoner-Andrews Agency as sales representatives to cover Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont…
Nautilus Q1 Income Cut in Half on 14% Sales Decline
Nautilus, Inc. net sales for the first quarter ended March 31, 2007, fell 14% to $158.8 million, compared to $185.0 million for the corresponding period last year. Net income for the quarter was $2.5 million, or eight cents per share, compared to $5.2 mil
Exel Sports N.A. Restructures
Exel Sports NA, a fully owned subsidiary of Exel Plc, a Finnish manufacturer and developer of composite consumer
products including cross-country ski, alpine ski, trekking and Nordic Walking poles announced today that Chris Griffin has been appointed as p
EMS Partners with Merrell for ‘Women’s Fit Night’
Eastern Mountain Sports is partnering with Merrell to co-host “Women’s Fit Nights” at select Eastern Mountain Sports store locations in May. Hosted by female Eastern Mountain Sports Foot Gurus, in-store experts that fit footwear, and Merrell female tech r
lucy to Open Arlington Store
lucy is expanding its East-Coast presence by opening a new store in Arlington, Virginia. The new lucy store is located at Pentagon Row. lucy will join other stores, including Chico’s, Elizabeth Arden and Bombay.
Genesco Rejects Foot Locker Bid
Genesco Inc.'s board of directors rejected Foot Locker, Inc.'s unsolicited proposal to acquire all of the outstanding shares of the company for $46.00 per share in cash. After careful consideration, the board of directors, in consultation with i
Foot Locker Goes Public with Genesco Acquisition Attempt…
Foot Locker, Inc. on Friday made public its recent attempts to acquire all of the outstanding stock of Genesco Inc. for $46 per share. In a letter sent April 19 to Hal Pennington, chairman, president and CEO of Genesco Inc., from Matthew Serra, chairman
Wolverine Worldwide Gets Another Solid Quarter from Outdoor; Lifts Guidance…
Tim O’Donovan last week conducted his last analyst conference call as the CEO of Wolverine World Wide, Inc. as Blake Krueger, company president and COO, assumed the reins as CEO under a succession plan previously approved by the company’s board of directo
