SGB Update

New Balance Receives Silver Award from Event Marketer

Event Marketer magazine recently announced that New Balance has received a Silver Award in the 2005 Ex Awards for their 2004 LaSalle Bank Chicago Marathon campaign. The award was received in the category of Best Activation of a Sports Sponsorship. GMR M

Brunswick Enters Five-Year Credit Facility

Brunswick Corporation announced that it has entered into a new five-year $650 million revolving credit facility agreement, which replaces a $350 million facility that was due to expire in November…

QBP Recalls Dimension 130º Stems

Quality Bicycle Products and the CPSC have recalled all Dimension-brand road and mountain thread-less bicycle stems with a 130 degree rise. The stems are black or silver and have the word “Dimension” painted on the extension. About 18,000 of the stems wer

Werner Receives Patent for Adjustable Ferrule System

Werner Paddles was officially awarded US Patent 6881111 for their Adjustable Ferrule System. The System changes feather angles from 0 to 90 degrees, left or right, in 15 degree increments. Unique to Werner’s design is an internal molded system that does n

Nautilus Acquires Canadian Distributor; Will Expand Operations

Nautilus, Inc. has acquired certain assets and assumed certain liabilities of Winnipeg-based Belko Canada for approximately $5.5 million in cash. Belko Canada has served as the exclusive Canadian distributor of Bowflex and Schwinn Fitness branded product

There’s Only One Swiss Army Brand Now

Victorinox has acquired its smaller competitor, Wenger SA. Although integrated in the Victorinox Group, Wenger will operate as an independent entity at its existing facility in Delémont in the Canton of Jura. Victorinox had sales of 169 million Swiss fra

Bon-Ton April Comps Climb 4.9%

The Bon-Ton Stores announced total sales for the four weeks ended April 30, 2005 increased 4.5% to $87.2 million compared to $83.5 million for the same period last year. Comparable store sales increased 4.9%. For the first quarter of fiscal 2005, total sa

Gottschalks April Comps are Up 1.9%

Gottschalks same store sales for the month of April 2005 increased 1.9% from the prior year. Total sales for the month increased 3.0% to $43.4 million from $42.1 million in April 2004. On a year-to-date basis, same store sales decreased 0.6 % from the sam

Dillard’s Comps Fall 6% in April

Dillard's sales for the four weeks ended April 30, 2005 were $514.0 million compared to sales for the four weeks ended May 1, 2004 of $542.4 million. Total sales declined 5% for the four-week period. Sales in comparable stores declined 6% for the fou

ShopKo April Same-Store Sales Fall 11.1%

ShopKo Stores, Inc. reported consolidated sales for the four weeks ended April 30, 2005 decreased 10.6% to $209.0 million from $233.7 million during the same period last year. Consolidated comparable store sales decreased 11.1%…

Everlast Posts Q1 Net Loss; Net Revenues Up 23%

Everlast Worldwide Inc. reported net revenues for its continuing operations of increased 23% to $12.2 million for its fiscal 2005 first quarter ended March 31, 2005, compared with net revenues of $9.9 million in the prior year period. Net sales from cont

Neiman Marcus April Retail Comps Climb 12.5%

The Neiman Marcus Group, In the four-week April period, comparable revenues in the Specialty Retail Stores segment, which includes Neiman Marcus stores and Bergdorf Goodman, increased 12.5 percent. Comparable revenues at Neiman Marcus Direct for the four-

Gildan Q1 Revenues Increase 16.9%; Raises Guidance

Gildan Activewear Inc. reported second quarter net earnings of $14.3 million or 48 cents per share, which includes a special charge of $7.8 million after-tax or 26 cents per share for the closure of its Canadian yarn-spinning facilities. Earning were fla

Ross Stores April Same-Store Sales Up 1%

Ross Stores, Inc.reported sales of $357 million for the four weeks ended April 30, 2005, an 11% increase above the $322 million in sales for the four weeks ended May 1, 2004. Comparable store sales for the month increased 1% over the prior year…