SGB Update

Skechers Signs American Idol Winner to Endorsement Deal

Skechers has signed American Idol winner and rising star Carrie Underwood to a global endorsement agreement. After successfully partnering with music sensations Britney Spears and Christina Aguilera from early fame through the height of their careers, Ske

PLay it Again Parent Sees Q2 Net Slip on Lower Revenues

Winmark Corporation reported that net income for the second quarter ended June 25, 2005 was $542,600, or 8 cents per share diluted, compared to net income of $726,300, or 11 cents per share diluted, in 2004. Revenues for the period declined 4.5% to $6.4 m

Lotto Extends Palermo’s Soccer Sponsorship

U.S. Città di Palermo and Lotto Sport Italia S.p.A. have just signed an extension to the technical sponsorship agreement stipulated five years ago. The black and pink football club and the Italian sports company shall thus continue in their venture until

Kayser-Roth Expanding North Carolina Sock Operation

Kayser-Roth Corporation has announced a $7 million expansion to its sock manufacturing and distribution facility located in Burlington, NC. The expansion is expected to add as many as 180 jobs over a three-year period and will require a 100,000 sq. foot p

Everlast Appoints Seth Horowitz COO

Everlast Worldwide appointed Seth Horowitz as president and chief operating officer effective immediately. Mr. Horowitz, who served as executive vice president of the company since 2001, has also been nominated by the Corporate Governance and Nomination C

Just Two Bikes Sold to Hedstrand and Dugelman

Just Two Bikes Inc., headquartered in Hugo, Minn., announced that the company has been purchased by Dale Hedstrand, president of Focal Point Financial Services of White Bear Lake, and Jim Dugelman, sales and marketing manager of JTB. They have acquired th

Footstar and Kmart Move to Resolve Shoemart Dispute

Footstar has entered into a settlement agreement with Kmart Corporation to resolve ongoing litigation regarding the Master Agreement under which Footstar's Shoemart division operates the footwear departments in Kmart stores. The agreement is subject

Hibbett Hires Priddy as President

Hibbett Sporting Goods has hired Brian Priddy as President of the Company. Mr. Priddy will join Hibbett on August 1. Mr. Priddy was most recently Executive Vice President of Operations at Bombay Company since 2001, having served as Chairman of the Interim

Sales Reps Wanted — Duofold

Duofold, an outdoor performance brand with a heritage in baselayer and all season product has an immediate sales territory opening in Southern California, Arizona and Southern Nevada . Independent reps must have the ability to sell and service out

Territory Opening IN/ IL — Wigwam

Wigwam Mills – A premier brand and manufacturer of socks and headwear is looking for representation from an independent agency in Indiana and Illinois. Candidates must be prepared to service dealers in multiple markets, such as athletic, outdoor,

adidas Teams With Porsche

adidas-Salomon AG and Porsche Design Group have signed a long-term strategic partnership including a licensing agreement. The objective of the cooperation is to jointly establish a hi-tech premium brand in the sports sector. Footwear, apparel and hardware

Giant Bolsters Product and Marketing Teams

Giant USA is proud to announce the recent addition of five new hires to bolster its already-strong product and marketing teams. This growth in staff is aligned with Giant USA’s continued focus to build innovative products, support its dealer network and c

Zappos.com Lands More Financing…

Zappos.com received an additional $15 million round of equity funding from Sequoia Capital, a technology-based private investment fund that has been involved with several internet companies, including Google, Cisco Systems, Kayak.com, and PayPal. The fund

Sugoi Acquired by Cannondale…

In a move that took many in the specialty run and bicycle apparel industry by surprise, Cannondale announced that it will acquire Sugoi Performance Apparel for an undisclosed amount. This is an especially curious move by Sugoi, who has been consistently g

Confluence Solidifies Brand Positioning…

Following their recent acquisition of Watermark’s watersports division, Confluence has finalized the positioning for its brands, creating a structure that is designed to allow the company to distribute multiple brands across multiple channels. For any man