SGB Update Outdoor

Finish Line Q4 Net Income Up 37%; Raises 2005 Guidance

The Finish Line, Inc. reported that net sales increased 30% to $305.3 million for the fiscal 2004 fourth quarter compared to $234.4 million reported for the year-ago period. Comparable store net sales increased 19% for Q4 on top of a 10% increase reported

U.S. Ski and Snowboard Team Foundation Adds Members to Board

The U.S. Ski and Snowboard Team Foundation announced Thursday the addition of seven new members to its Board of Trustees. The new Trustees are John Bloomberg, Craig T. Brown, Kenneth Gart, Bing Gordon, Scot Jarvis, Dennis Keller and Daniel E. Waters. This

Bikes Belong Executive Director Retires

Richard Olken, Executive Director of the Bikes Belong Coalition for the past five years, officially announced his retirement from the organization. Olken will work closely with the Coalition to assure continuity in its current programs during the search f

Columbia Partners With Chinese Authorities in Counterfeit Raids

Columbia Sportswear Company recently joined forces with Chinese authorities in three separate raids of factories producing counterfeit Columbia Sportswear apparel. As part of an aggressive campaign to stamp out counterfeiters and protect its unique brand

Golfsmith Cuts Q4 Losses as Comps Rise 8.1%

Golfsmith International, Inc. reported net revenue for the fiscal ourth quarter ended January 3, 2004 jumped 38.2% to $61.5 million from net revenue of $44.5 million in the year-ago quarter. Comps were up 8.1% for the quarter. The net loss for the perio

Cutter and Buck Named PeerNet Vendor of the Year

Cutter & Buck Inc. has been named as The PeerNet Group 2003 Vendor of the Year. The PeerNet Group is an alliance of leading promotional products and marketing companies with locations across the United States.

PowerBar Founder Maxwell Dies from Heart Attack

Brian Maxwell, the founder of PowerBar, died of an apparent heart attack on Friday. He was 51 years young. Maxwell, who was ranked as the number three marathoner in the world in 1977, is credited with starting the energy bar industry that today is a nec

NSP Hires New Assoc. Director of Education Programs

The National Ski Patrol has hired Kyle Hanson as associate director of education programs for the association. Hanson’s primary responsibilities will be enhancing NSP’s Outdoor Emergency Care Program and promoting its use within the association and the o

Petzl and UOL Raise $10,000 for Recreation Protection

Petzl, in partnership with Utah Open Lands, recently raised $10,000 in funding for land protection and preservation in Utah's Grand County. Petzl sponsored a special screening of the Banff Mountain Film Festival in Moab in an effort to raise awarenes

Not Exactly Another Clash of the Titans…

Footstar has reportedly reached an agreement with Nike over a dispute that arose over Nike’s attempt to cut the retailer’s discount terms. A report in a local paper quoted a Footstar spokesperson that said, “The terms are confidential, and the proceeding

Footstar GOB Sales Get Under Way; Will Close Additional Doors…

Footstar commenced Going Out of Business sales at 163 stores on Friday, including all remaining Just for Feet locations and 75 of the company’s Footaction stores. Hilco Merchant Resources was the winning bidder in the auction to be appointed as liquidati

McCool Sentenced in JFF Fraud Case…

The first sentence in the Just for Feet fraud case was handed down on Thursday, with adidas America’s Timothy R. McCool receiving an eight-month sentence and a $10,000 fine. He pled guilty in October to conspiracy to submit false statements to the audito