SGB Update Outdoor
G3 Taps Mammut Vet to Head EU Sales Effort
Ski industry veteran Sepp Stenger will join G3 Genuine Guide Gear to head the company’s European sales and marketing efforts. Stenger will officially begin working with G3 on November 1, 2006. As a long time member of the European ski and snowboard indus
Life is Good Experiences Database Security Breach
Life is good had a database containing sensitive customer information illegally accessed by intruders. All affected customers have been notified of the security breach and were informed that the breach only gave name, address, and credit card numbers, bu
Transworld Media Up for Sale
CEO of Time4 Media, Anne Moore, announced in a memo to employees that the Time, Inc.-owned subsidiary would be selling off 18 of its titles, including the TransWorld Media group…
NRF Sees Holiday 2006 Sales Growth Moderating
While consumers have shown a surprising amount of resilience in 2006, retailers can expect a more subdued holiday season. According to the National Retail Federation (NRF), total holiday retail sales are expected to increase 5.0% over last year, bringing
Hanesbrands Closes Facilities in U.S. and Mexico…
Hanesbrands Inc. will close plants in Monclova, Mexico, Lumberton, N.C., and Marion, S.C., and move the production to lower-cost manufacturing facilities. The closings will result in a reduction of approximately 2,185 jobs at these locations. Hanesbrands
Collegiate Pacific Inks Exclusive Deal with The Varsity Group
Collegiate Pacific Inc. has entered into a multi year agreement with Varsity Group Inc. to become their exclusive sporting goods supplier. Under terms of the Agreement, Collegiate Pacific will exclusively assist Varsity in the creation of sporting goods r
Globe Sees Annual Profits Fall on Sales Slump…
Globe International Limited saw total revenues for the fiscal year ending June 30 decrease 3.5% to A$197.3 million ($149.2 mm) from A$204.5 million ($153.2 mm) last year.
Sales were down in each of the company’s three regions, with North America taking t
SGMA Works to Keep PEP Funding in Place…
The U.S. Department of Education awarded $17 million in new PEP grants to 54 schools in 20 states. The balance of the $73 million Congress allocated for PEP in 2006 will be applied toward existing multi-year grants awarded in 2004 and 2005. While the grow
Ashworth CEO Calls It a Day…
Ashworth, Inc. experienced major shakeups in the executive suite last week as CEO of ten years and chairman of the board of six, Randall L. Herrel Sr. announced that his resignation will take effect on October 17. James B. Hayes, previously lead independe
Academy Snowboard Inks European Distribution Deal…
Execute Sports, Inc. signed a strategic partnership with UDT Distribution Corporation. Under the agreement, UDT has the exclusive rights to sell and market the Academy Snowboard Company brand throughout Europe. In addition, UDT is required to meet minimum
FieldTurf Files Suit Against Sprintuf
FieldTurf has filed suit in the United States District Court for the Eastern District of Pennsylvania in Philadelphia against Sprinturf for falsely disseminating information concerning Staphylococcus Aureus “staph” bacteria in artificial turf…
Coleman Files Patent Infringement Suit Against Exxel Outdoors
The Coleman Company has filed a patent infringement lawsuit against Exxel Outdoors, Inc., in the United States District Court for the Eastern District of Texas. Coleman asserts that Exxel Outdoors has infringed on three patents relating to unique sleeping
Wilson Promoted to President and COO of Wacoal Sports Science
John L.A. Wilson, former executive vice president of Wacoal Sports Science Corp., has been promoted to president and chief operating officer. He is a founding member of the three-person team that established the company in 2002 to introduce the CW-X Condi
Second Quarter Profit Growth Slows, Sales Gains Rely Less on Acquisitions…
Acquisitions continued to play a diminished role in the results of public companies in the sporting goods industry in Q2, but organic sales growth still managed to outpace earnings growth by a wide margin in the Softgoods sector, mostly attributable to an
e-Civil Rights and Target’s Newest Project…
Target Corp. has some major manhours in the chute after a federal district court judge ruled that the company’s website is inaccessible to the blind, and therefore violates the Americans with Disabilities Act (ADA), the California Unruh Civil Rights Act,
