SGB Update

Golf Rounds Decline Moderates, But…

Golf rounds played in the U.S. dipped 0.7% in April 2005 vs. April 2004, according to data provided to NGF by golf course operators around the country. The resulting year-to-date figure is 3.2% lower than the same period last year.
The Northwest region

Quik Opens Flagship Boardrides Club in Anglet, France

Quiksilver, Inc. announced its new Quiksilver Boardriders Club in Anglet, France, which represents an innovative, all-inclusive retail experience; the flagship location will showcase Quiksilver's authenticity, interactivity and originality. The grand

Lafferty Leaving Huffy; Lipton to be New CFO

Huffy Corp. filed a form 8-K with the SEC stating that vice president, finance, chief financial officer and treasurer, Robert W. Lafferty will be leaving the company on August 31, 2005. Steven Lipton, currently senior vice president and controller, while

Yue Yuen Reports 17.4% Revenue Increase for H1

Yue Yuen Industrial Limited announced its unaudited consolidated results for the half year ended March 31, 2005. Turnover rose year-on-year by 17.4% to $1,477.9 million and net profit fell year-on-year by 3.8% to $152.3 million for the six month period. E

Horny Toad Selects F3 Distribution for Canada

Horny Toad announced the selection of F3 Distribution as their Canadian brand partner. The announcement concludes an extensive process for Horny Toad, in which the brand sought out a partner who could support growing demand within a highly competitive and

Panoptx Reports Record Q1 Sales

Panoptx Eyewear announced record sales in the first quarter of 2005, with the opening of 115 new accounts since January. The company pointed to several successful initiatives, including the addition of products for the snowsports and marine categories, th

Exel N.A. Appoints News Sales Manager

Exel’s North American General Manager Melissa Cook
announced the appointment of David Michael to the post of North American Sales Manager, winter division. Michael will also contribute to the sales function for Exel’s rapidly growing Nordic Walking busin

Easton Partners with University of Minnesota Hockey Program

Easton Hockey has agreed to a five-year strategic alliance with the University of Minnesota Men’s and Women’s Ice Hockey programs. Under the partnership, Easton will serve as the official glove, stick, pant, and on-ice apparel supplier for the Golden Gop

SGMA Sees Positive Momentum in PEP Funding

SGMA-organized lobby efforts on National P.E. Day hit a major home-run in Congress for the Carol M. White Physical Education Program. The House of Representatives appropriations subcommittee on Labor-HHS-Education voted Thursday to include $73.4 million

Sew Cal Logo Acquires Action Shirts

Sew Cal Logo, Inc., a Southern California-based film wardrobe, hat, and surf wear manufacturing company, has acquired the assets of Action Shirts for cash and stock. The company, also known as “Hangtime,” has been a Huntington Beach icon since 1978…

NGF: April Rounds Played Down 0.7%

Same-store rounds played in the U.S. dipped 0.7% in April 2005 vs. April 2004, according to data provided to NGF by 1,285 golf course operators around the country. The resulting year-to-date figure is 3.2% lower than the same period last year. The hardest

G-III Sees Sales Fall 16.4% For First Quarter

G-III Apparel Group, Ltd. announced operating results for first quarter of fiscal 2006. For the three-month period ended April 30, 2005, G-III reported net sales of $13.8 million, a 16.4% drop from $16.5 million for the same period last year. Net loss was

Antigua Posts 6.6% First Quarter Sales Increase

Antigua Enterprises Inc. reported financial results for the three months ended March 31, 2005. Sales for the company rose 6.6% to $9.4 million from $8.8 million for the same period of 2004. Gross margin as a percentage of sales increased 90 basis points

Lacoste Seizes Over $1 Million in Counterfeit Goods

Lacoste USA announced the seizure of more than $1 million worth of counterfeit Lacoste merchandise in raids conducted as part of a sweep of illegal wholesale and retail warehouses in mid-town Manhattan this week. The surprise raids, which netted almost 13

Timberland Names Prendergast VP Suburban Sales

The Timberland Company announced the appointment of Michael Prendergast to VP, Sales – Suburban. He will be responsible for managing Timberland’s suburban footwear business, including major department stores and key independent accounts. Mike will repor