SGB Update Outdoor
Nautilus Appeals Loss in ICON Action…
The Nautilus Group, maker of the Bowflex fitness machine, will appeal a ruling last week that saw its motion for a preliminary injunction against rival fitness equipment maker ICON Health and Fitness, Inc. denied by the United States District Court in Was
Moir Named Wilson Golf Global Business Director
Wilson Sporting Goods has announced that Angus Moir, Wilson’s Business Director, Golf Europe has been appointed as Global Business Director, Wilson Golf, effective immediately. Angus will be responsible for leading the worldwide Wilson Sporting Goods gol
Holst Named Eastern Regional For Wilson Golf and Racquet Sports
John Holst, formerly Territory Manager for Wilson Golf, has been promoted to the position of Eastern Regional Sales Manager, Wilson Golf & Racquet Sports. Holst will focus specifically on golf accounts. In his new position, he will direct a staff of 11
Varsity Brands, Inc. Files Preliminary Merger Proxy Statement
Varsity Brands, Inc. announced that it had filed on Wednesday its preliminary merger proxy statement and schedule 13E-3 transaction statement with the Securities and Exchange Commission in connection with the previously announced acquisition of the compan
Golfsmith Acquires Assets of Zevo Golf
Golfsmith International Inc. announced Wednesday that it has acquired the assets of Temecula, Calif.-based Zevo Golf. The acquisition supports Golfsmith's strategy of delivering proprietary, mid-market golf clubs, accessories and apparel to consumer
New President Named of TJX Canadian Division
The TJX Companies, Inc. has announced that David Margolis will retire from active management of its Canadian division, Winners, effective June 27, 2003. Michael MacMillan, Winners' Executive Vice President, Merchandising and Planning, will assume th
GolfGear Q1 Loss Widens as Sales Increase 44%
GolfGear International Inc. reported net sales of $545,245 for the first quarter of 2003, a 44.3% increase over the $377,780 recorded for the same quarter last year. the company had a net loss applicable to common shareholders of $502,601 for the quarter
Phoenix Takes on Buffalo in San Diego…
Phoenix Footwear Group has signed a letter of intent to acquire H.S. Trask & Co., the Montana-based designer of men's casual boots and shoes started by former Reebok executive, Harrison Trask. Trask, who designs and develops footwear from buffalo an
Nike Nabs James in Endorsement War
LeBron James has signed a multiyear shoe and apparel deal with Nike for contract likely to approach $100 million.
A Nike spokesman confirmed late Wednesday night that the St. Vincent-St. Mary senior had agreed to a contract with the Swoosh, but said terms
Shoe Carnival Q1 Profits Dip 10% on 5.8% Sales Increase
Shoe Carnival, Inc. announced net earnings for the first quarter ended May 3, 2003 decreased 10% to $5.1 million as compared with net earnings of $5.7 million in the first quarter ended May 4, 2002. Diluted earnings per share decreased 11% to $.39 per sha
Everlast Q1 Profits Fall 96% as Sales Slide 21.5%
Everlast Worldwide Inc. reported net sales for its first quarter ended March 31, 2003 were $12,355,283 as compared to $15,734,596 reported in 2002. Net income available to common stockholders (after giving effect to the redeemable preferred stock dividen
Kohl’s Q1 Net Income Up 4.1% on 13.2% Sales Increase
Kohl's Corporation reported net sales for the first quarter were $2.1 billion, an increase of 13.2% over the same period a year ago. Net income for the quarter was $111 million, a 4.1% increase over the $107 million reported for the same quarter a ye
Oldham Promoted to RSM for Wilson Golf
Joe Oldham, formerly Territory Manager for Wilson Golf, has been promoted to the position of Western Regional Sales Manager, Wilson Golf & Racquet Sports. Oldham will focus specifically on golf accounts. In his new position, he will direct a staff of 1
New Balance to Sponsor Major League Lacrosse
New Balance Athletic Shoe, Inc. announced that it will sponsor Major League Lacrosse, the premiere professional outdoor lacrosse league. The league launches its third season this year…
Shopko April Comps Increase 3.5%
ShopKo Stores, Inc., reported consolidated sales for the four weeks ended May 3, 2003 were $224.2 million, 3.3% above the $217.0 million reported for the same period last year. Consolidated comparable store sales increased 3.5%…
