SGB Update Outdoor

Former Industry Execs Sentenced in China Kickback Scheme…

A former Vans executive, Scott Andrew Brabson, and Jay William Rosendahl, a former Columbia exec who was a consultant to Vans, were sentenced Monday to 71 months in federal prison after admitting earlier this year to taking kickbacks from Chinese manufact

LaCrosse Footwear Sees Q1 Sales Fall on Less Military Business…

Lacrosse posted a disappointing first quarter with sales falling 20.3% to $18.9 million compared to $23.7 million last year. The decline was due in large part to weaker military orders. Sales for Q1 2004 included $4.3 million from General Services Adminis

Reebok Q1 Results Show a Shift in the Business…

Reebok International Ltd. continues to integrate The Hockey Company into the Reebok Brand business, merging the Reebok Canada operation with THC’s operation and appointing Matt O’Toole, CEO of The Hockey Company, to lead the combined operation. Reebok Ca

STAR Sportsmanship Wins Bessie

Learning Through Sports' character development program, STAR Sportsmanship won a BESSIE Award as best physical education software for upper elementary students. STAR Sportsmanship is an interactive learning program designed to teach sportsmanship to

The Sports Club Company Delisted by AMEX

The American Stock Exchange has notified The Sports Club Company that it had not met certain of the Exchange's continued listing standards as set forth in the Exchange's Company Guide. Specifically, the Exchange noted that the Company's fai

Asia’s Largest Bicycle Show Begins Next Week

The China International Bicycle & Motor Fair or “CHINA CYCLE,” in short, is scheduled to begin on May 4-7, 2005 for its 15th edition in Shanghai New International Expo Center. The show will cover all seven halls of Shanghai New International Expo Center,

Former Industry Execs Sentenced in China Kickback Scheme…

A former Vans executive, Scott Andrew Brabson, and Jay William Rosendahl, a former Columbia exec who was a consultant to Vans, were sentenced Monday to 71 months in federal prison after admitting earlier this year to taking kickbacks from Chinese manufact

Brunswick Looks to More Marine in Q1…

Brunswick looked to its Marine division to post a 16.8% increase in revenues to $1.40 billion for the first quarter from $1.20 billion in Q1 last year. However, the Fitness division and the Bowling division were both a drag on operating income for the qua

Bite Launches Retail Staff Training Program

Bite is introducing the “Bite Certified” retail sales training program to ensure that retail staff and, ultimately, consumers understand the many important features of Bite Golf shoes and sandals. The program emphasizes the Bite brand as “better shoes at

Aldila Income Jumps 43% due to 16% Sales Increase

Aldila net sales were $17.8 million and net income was $3.3 million, or 61 cents fully diluted per share for the three months ended March 31, 2005. This is a 16.3% increase in sales compared to the 2004 first quarter, when the Company had net sales of $15

Brunswick Q1 Earnings Nearly Double On 17% Sales Increase

Brunswick Corporation reported net earnings of $94.6 million, or 96 cents per diluted share, for the first quarter of 2005, up 97.1% from net earnings of $48.0 million, or 50 cents per diluted share, for the year-ago quarter. Results for the first quarter

VF Outdoor Division Q1 Profits Up 133% on 13% Organic Growth

VF Corporation reported first quarter sales rose 9% to $1.56 billion from $1.43 billion in the year-ago quarter. Net income increased 18% to $122.9 million from $103.9 million, with earnings per share rising 15% to $1.07 from 93 cents per share. The acq

Greg Norman Collection Posts 20% Sales Increase

Greg Norman Collection announced that its net sales increased 20% in its first quarter ended March 31, 2005. This represents the ninth consecutive quarter of double-digit sales growth for the company. The company also reported improved operating profits f

Schoeller Expands Production and Headquarters

Over recent years, Schoeller’s concern over space restrictions has been consistently growing. In response to this need, expansion began at its weaving mill, as well as the entire dye works and finishing department at the Swiss headquarters. In addition, a