SGB Update Footwear

Sears Holdings Gets Majority Share of Sears Canada

Sears Holdings Corporation's wholly-owned subsidiary SHLD Acquisition Corp. has taken up 10,161,968 common shares of Sears Canada pursuant to its take-over bid, representing approximately 9.5% of Sears Canada's outstanding shares. As a result, S

Outdoor Industry Rendezvous Scheduled for October in Chattanooga

The Outdoor Industry Rendezvous the industry’s largest leadership conference October 11-14, 2006 in Chattanooga, Tennessee to expand network and create new industry colleagues; explore new business tools and techniques; discover models of innovation and p

Palmer 2006 Sales ‘Above Expectations’

While spring riding is on the minds of most snowboarders, winter is still on the minds of Palmer Snowboards’ executives… next winter that is. With SIA behind them and preseason sales well underway, the Palmer sales team is breathing a sigh of relief. 2006

Oakley to Acquire Optical Shop of Aspen

Oakley, Inc. has signed a definitive agreement to acquire all of the outstanding stock of privately held OSA Holding, Inc. and its wholly owned subsidiary, The Optical Shop of Aspen (OSA). Specific terms of the agreement were not disclosed. The company ex

Warrior Lacrosse Named as Title Sponsor for 2006 World Lacrosse

Warrior Lacrosse will assume title sponsorship of both Team Canada’s men’s field lacrosse team and the 2006 Warrior World Lacrosse Championships in London, Ontario, held from July 13-22. The 2006 Warrior World Lacrosse Championships are hosted every four

Meier to Retire as Kohl’s COO; Will Resign Board Seat

Kohl's Corporation has announced that Arlene Meier plans to retire by the end of 2006. Ms. Meier, who has served as the chief operating officer since 2000 joined the company in 1989. Ms. Meier will continue in her current management capacity until a

Footstar Changes Stock Symbol

Following the company's emergence from Chapter 11 last month, Footstar, Inc. is now trading on the Pink Sheets under the symbol FTAR. The company’s stock formerly traded under the symbol FTSTQ…

Globe Int’l Posts 9.5% H1 Sales Decrease

Globe International reported a 9.5% decrease in sales for the fiscal first half to A$98.3 million ($73.9 mm) from A$108.6 million ($79.7 mm) during last year's first half. The company saw EBITDA for the first half decrease 83.1% to A$1.2 million ($0

adidas Honored as Cannes 2006 Advertiser of the Year

The Organizers of the 53rd Cannes Lions International Advertising Festival have announced that adidas will be awarded the prestigious Advertiser of the Year award, which will be presented to Erich Stamminger, president and CEO of the adidas brand, in hono

Russell Rolls Out New Integrated Team Dealer Group…

In an effort to better emphasize and leverage its portfolio of team sports brands, Russell Corporation has created an integrated Russell/Spalding Team Sports Group to manage all team dealer efforts for the Russell Athletic, Spalding, Huffy Sports, Bike At

K2 Inc. Profits Hurt by Goodwill Write-Down…

K2 Inc. reported healthy organic growth for the 2005 fourth quarter, but a large write-down related to the company’s goodwill and intangible assets negatively impacted earnings by $253.2 million for the quarter and the year. This charge resulted from K2’

Stride Rite Solidifies Saucony and Hind Management…

The Stride Rite Corp. shuffled the deck at its Hind and Saucony subsidiaries this past week, enhancing the top management structure and the design department. At Hind, Todd Dalhausser was appointed general manager. He will report to Richie Woodworth, pre

Outdoor and SG Retail Finishes 2005 With a Bang…

Large national outdoor retail chains saw a banner year in 2005, with higher than expected comps that trickled down to the bottom line. The two largest specialty outdoor retailers in the country, REI and L.L. Bean, were able to capitalize on great winter c

Big 5 Appoints Jessick to Board

David Jessick has been appointed to Big 5 Sporting Goods Corporation's Board of Directors, effective March 7, 2006. Mr. Jessick will serve on the Audit Committee of the Board of Directors and will replace John Danhakl, who has served as a director si