SGB Update

Pacific Trail Inks Licensing Deal with Tuned In Sports

Pacific Trail has signed a three-year licensing agreement with Tuned In Sports, Inc., a manufacturer, marketer and distributor of recreational tents, camping furniture and canopies. Tuned In Sports, headquartered in Washington DC, will begin distribution

Cloudveil Gears up for Fall ’04

Cloudveil has announced three strategic business partnerships that, according to the company, will further strengthen their infrastructure and rep force. Cloudveil has formed a partnership with Sojitz Corporation of America. The company is also relocating

SIA Ads XC Ski Element to Winter Trails Program

The opportunity for consumers to experience cross country skiing will be added to the 2005 Winter Trails program organized by SIA and the American Hiking Society. Historically a snowshoe event, Winter Trails celebrates its tenth anniversary next year. Sin

Nike Renews Native American Basketball Invitational Sponsorship

Although the NBA Finals may have concluded, basketball fans from across the United States will have another opportunity for a unique, compelling basketball experience this summer. Nike today announced that it was joining the Phoenix Suns/Phoenix Mercury a

Hibbett Lowers Q2 Guidance on Weaker Licensed and Fitness Sales

Hibbett Sporting Goods has revised its sales and earnings expectations for the second fiscal quarter, 2004. HIBB now expects to report a comparable store sales increase of 2% to 3% for the second quarter and earnings per share in the range of 13 cents to

Uvex Sports Appoints Sadis as Intermountain Rep.

Uvex Sports, the distributors of Holmenkol, Sportna Oprema, & Uvex products has appointed Jeff Sadis to the position of Intermountain Region Sales & Racing Services Representative…

Sugoi Ads ‘.com’ to its Web Presence

For a company that described itself as “progressive with highly developed web presence,” it has taken until 2004 for Sugoi to officially enter the .com era. That's because the last 8 years have been spent with a web home of www.sugoi.ca as a couple

Russell Acquires Huffy Sports Company

Russell has purchased the assets of Huffy Sports Company, a division of Huffy Corp., for $30 million in cash, subject to working capital and other adjustments. Under the terms of the agreement, Russell will also assume certain operating liabilities. Huffy

Phoenix Completes Altama Acquisition

Phoenix Footwear Group has completed the acquisition of Altama Delta Corporation. Altama generated revenues of $40 million for the 12 months ended April 3, 2004. The Company expects that the acquisition will be accretive to earnings per share. The Company

Cascade Designs Taps Davis to Run Military Sales

Cascade Designs has hired Tim Davis as director of government sales for the company’s military affairs division. In his new role, Davis will be responsible for maximizing the sales of new and existing products to military and homeland security markets. P

Prince Re-Signs Coria to Endorsement Deal

Prince Tennis has re-signed tennis star and French Open finalist Guillermo Coria to an exclusive endorsement deal. Under the agreement, the 22-year-old Argentine will promote and play with Prince’s Tour NXGraphite racquet, according to Linda Glassel, vice

SGMA Report Shows an Upside for Outdoor

The most recent SGMA Sports Participation in America report revealed some good news for the outdoor industry and some very interesting potential future trends in the bicycle industry. The study released by SGMA, which assesses participation trends in ove

Oakley Sees Soft Second Quarter…

Oakley has lowered its earnings and sales guidance for the 2004 fiscal year to reflect what the company is describing as softer than expected sales in the second quarter and production shortfalls that resulted in decreased inventory turns. The company pr

Russell Boosts Q2 Guidance; Now Has Slice of K2 Inc…

Russell Corporation is benefiting from K2 Inc.’s acquisition of Marmot Mountain and will realize a gain of approximately 8.5 cents per share in the second quarter for their interest in Marmot. K2 told SEW last month (SEW_0425) that the deal included a 50