SGB Update

Acushnet Q3 Sales Slide 9.5%

The Acushnet Co, the division of Fortune Brands that includes the Cobra, Titleist and FootJoy golf brands, saw third quarter revenue decline 9.5% to $278.6 million from $307.9 million in the year-ago period. Sales in constant currencies were down 7% for

VF Corp. Q3 Revenues Decline, but TNF and Vans Grow

VF Corp. reported third quarter revenues declined 5% to $2.09 billion from $2.2 billion in the year-ago period, with foreign currency translation accounting for two percentage points of the decline. Net income declined to $217.9 million, or $1.94 a share.

Remington Parent to Float an IPO

Cerberus Capital is planning an initial public offering of stock in its Freedom Group, Inc. business, which manufactures and markets firearms under the Remington, Marlin, Bushmaster, DPMS, H&R, L.C. Smith, Parker, Dakota Arms, Miller Arms, and Nesika bran

Warnaco Names President of Chaps

The Warnaco Group, Inc. appointed Michael Prendergast as president of its Chaps division. Prendergast joins Warnaco from ROC Apparel, LLC, where he served as Group President for Rocawear. Previously, he spent seven years with Tommy Hilfiger…

Atlanta Falcons Owner to Acquire PGA TOUR Superstores

Golf & Tennis Pro Shop, Inc., owner and operator of PGA TOUR Superstores, announced it has reached a preliminary agreement for Golf & Tennis Pro Shop to become a majority-owned subsidiary of AMB Group, LLC. AMB Group is owned by Arthur M. Blank and is als

Mark Ecko Names VP, E-Commerce

Mark Ecko Enterprises has named Bryon Colby, former managing director of e-commerce technology provider Fry Inc.’s New York office, vice president of e-commerce…

Northern Lights Further Expands its Footprint

In May 2008, Jay Allen, a former financial analyst for a medical devices manufacturer, jumped headfirst into the outdoor specialty business with his purchase of Northern Lights Trading Co. in Bozeman, MT. The purchase included both the Northern Lights sto

LaCrosse Footwear Sales Edge Up 1.2% in Q3

LaCrosse Footwear, Inc. reported net sales of $40.8 million in the third quarter, up from $40.3 million in the third quarter of 2008. Net income was $2.2 million or 35 cents per diluted share, compared to $2.8 million or 43 cents, a year ago…

Johnson Outdoors Hosts Roundtable Discussion with New York Governor

Johnson Outdoors was the site of a roundtable discussion hosted by New York State Governor, David A. Paterson on October 26. Due in part to its adaptation of leading edge solar technologies in Eureka! military tents, Johnson Outdoors was identified as a

Amer Sports’ Rights Offering Oversubscribed

According to preliminary calculations, a total of approximately 72.1 million shares were applied to be subscribed for in Amer Sports rights offering. Compared to a total of approximately 48.5 million shares offered, this represents a total subscription le

Sunice Hires Golf Sales Reps

Sunice, the Montreal-based outerwear firm, announced the hiring of 27 veteran golf sales representatives in the U.S. Sunice’s new sales team includes a broad core of former outerwear sales specialists…

ASICS Corp. Opens First U.S. Store

ASICS last week opened its first retail store in the U.S., choosing New York City to showcase the brand in advance of the NYC Marathon as the company continues to find growth despite the troubled economy. “Our U.S. business is doing very well,” said Rich

Insight Technology Adds All Sports as Distributor

Insight Technology, a provider of tactical lasers, illuminators and thermal imaging equipment, has added All Sports, a member of the Big Rock Sports group, as its newest commercial distributor…