SGB Update

VF Corp. To Add Reef to Growing Outdoor Coalition

VF Corporation has signed a definitive agreement to acquire all the outstanding stock of Reef Holdings Corporation from an investor group led by majority shareholder Swander Pace Capital. Terms were not disclosed. Reef had sales of $75 million in 2004 exc

Dana Designs Chooses Centerstone For Online Sales Management

CenterStone Technologies, Inc, announced the availability of the Dana Design brand on the company’s online sales order management software application. Alison Smith, Director of Operations at Marmot had the following comments about the launch of Dana Desi

K2 Inc. Shuffles Deck at Earth Products

K2 Inc. has made two appointments at its Earth Products, Inc. unit, appointing founder Chris Miller to Chief Creative Officer and Jeff Larsen to the position of President of Earth Products, Inc. The company, which is based in Carlsbad, Calif., markets pr

Global Multi-Brand Plan Takes Shape at Nike, Inc…

Nike, Inc. saw a number of shifts in its business in the fiscal third quarter as Nike brand apparel reversed the downward trend seen in the second quarter in the U.S. and footwear sales got a bigger boost from unit sales growth even as average selling pri

Twighlight Crit will Use Virtual Time Trial for Starting Order

America's pro road cyclists participating in this year's Athens Twilight criterium will first race in the first CompuTrainer MultiRider 10-K Time Trial. The stationary MultiRider setup will be used on Friday to create the start order for Saturda

Starter Upgrades Footwear Offering at Wal-Mart…

Nike, Inc. is testing the waters in the mass channel as its Exeter Brands Group rolls out new Starter performance footwear at 400 Wal-Mart Stores this week. The new Starter Pro men’s line, consisting of running, basketball and trail running footwear, and

NSGA: Specialty Athletic Footwear Retail Consolidation Continues

Sales at the four largest specialty athletic footwear chains grew to 70.5% of sales in this channel of distribution during the five-year period 1997-2002, according to an NSGA analysis of recently released U.S. Census of Retail data. In the previous five-

Yue Yuen Sees ASP Up, GM Still Suffers…

Yue Yuen Industrial Holdings Ltd, one of the world’s largest manufacturers of athletic footwear, saw an increase in average selling prices help drive total revenues up 15.8% to $746.4 million for the fiscal first quarter ended December 31, compared to $64

NSGA: Concentration Continues at Athletic Specialty

Sales at the four largest specialty athletic footwear chains grew to 70.5% of sales in this channel of distribution during the five-year period 1997-2002, according to an NSGA analysis of recently released U.S. Census of Retail data. In the previous five-

Reebok Team Uniforms Shuts its Doors…

Fab-Knit Ltd., which is doing business as Reebok Team Uniforms, abruptly shut its doors last week and laid off the majority of its employees. The move by the company, which filed for Chapter 11 bankruptcy protection in January (SEW_0505), is curious sinc

Canoecopia Event Marks Opening of Paddling Season…

For three days in March, Madison, Wisconsin is the center of the universe for paddling enthusiasts. Since 1981, the Rutabaga Paddle Shop has hosted an event called Canoecopia. Billed as the ‘World’s Largest Paddlesports Expo,” the event marks the beginnin

Golf Rounds Down Nationally, Up in Dry Winter Regions…

The National Golf Federation released its report on golf rounds played in the month of January this week, finding that the number of rounds played had dropped 4.0% against January 2004. The NGF attributed the drop to heavy rains, flooding and mudslides in

Yue Yuen Sees ASP Up, GM Still Suffers…

Yue Yuen Industrial Holdings Ltd, one of the world’s largest manufacturers of athletic footwear, saw an increase in average selling prices help drive total revenues up 15.8% to $746.4 million for the fiscal first quarter ended December 31, compared to $64

Fox Inks Deal with NORBA

FOX Racing Shox will be sponsoring the NORBA National Mountain Bike Series and the USA Cycling National Mountain Bike Championships. A large portion of the sponsorship money provided to the Series by FOX will go towards prize money for the Professional Do