SGB Update

Luxottica Appoints Three New Directors to Board

Luxottica Group, at the Group's Ordinary and Extraordinary Meeting held in Milan, Italy, shareholders approved the appointment of three additional directors to the Board, for a total of 12, as already provided in the Company's By-laws: Sergio Er

Saucony Moves to Tie Up Senior Management

Saucony Inc. filed papers on Tuesday indicating the company has entered into retention agreements with several officers as incentives to work through any possible change in ownership of the company. The agreements cover Michael Umana, COO/EVP/CFO; Micha

NRF: August Saw Mixed Results at Retail

According to the National Retail Federation, August retail sales in the GAFS category, which includes most geneal merchandise sales, rose 2.0% over last year but dipped 0.4% over July. Sales at sporting goods, book, hobby, and music stores rose 1.4% adju

SIA and VERB Announce National Kid’s SnowSports Day

SnowSports Industries America (SIA) and VERB™, a national government funded kid’s marketing campaign, have created the first-ever VERB SnowSports Day on December 4, 2004. The event will take place in retail stores nationwide and will serve as a catalyst

HEAD Racquet Sports Provides Relief for Florida Retailers

In light of the devastation caused by Hurricanes Charley and Frances and the potential result of Hurricane Ivan, HEAD/Penn Racquet Sports has announced it will provide its Florida retailers with relief on credit terms and interest charges. No interest wi

Private Equity Firm Scoops Up Imperial Headwear

MCG Global, LLC, a middle market private equity firm based in Westport, CT, has acquired Imperial Headwear, Inc., a headwear manufacturer and marketer focused primarily on the golf market, from Arena Brands, Inc. MCG Global led the transaction and the in

Golf and Tennis Pro Shop to Re-Brand Martin’s as PGA TOUR Stores

Golf & Tennis Pro Shop, owner of two 65,000 square-foot Martin's Golf & Tennis Superstores, will rename them Martin's PGA TOUR Superstores in Myrtle Beach, SC, and then extend the brand as PGA TOUR Superstores at future locations, beginning next

EandY Sees Improved Growth for Holiday Season

The Ernst & Young LLP Americas Retail and Consumer Products Group anticipates that the 2004 retail holiday sales increase for November and December will be between 6% to 7% – compared to a 5.7% increase for the same period last year. The robust sales seen

Felt Racing Enters the MTB and Freeride Markets

Beginning next month, there will be a new brand of XC mountain and freeride hardtails to choose from as Felt Racing prepares to enter these categories with 3 all-new models in each. Previously available only in Europe, the 2005 Felt mountain & Shot bikes

Ashworth Taps Fletcher to Distribute Callaway Apparel in Canada

Ashworth, Inc. has signed a management agreement with Fletcher Leisure Group Inc. of Quebec, Canada to distribute Callaway Golf apparel products throughout Canada. The agreement becomes effective immediately. In 1998 Ashworth, Inc. established Ashworth C

Eastern Mountain Sports Acquired in Management Buyout

Eastern Mountain Sports has completed a management-led buyout of the company from American Retail Group. The buyout was led by Eastern Mountain Sports President and CEO, Will Manzer, with financing led by J. H. Whitney & Co., LLC.

FESI Appoints Puma’s Widmann to President

Pursuant to a clear desire dictated by the majority of FESI’s Board members, Mr. Horst WIDMANN vice president of Puma, has been appointed – during the SPOGA Fair in Cologne – to President of the Federation of the European Sporting Goods Industry (FESI) –

Kombi Names New Product Manager

Kombi Limited has named Peter Curran to the position of product manager. Curran will work on both the Kombi and Akimbo brand, the companies latest line of snowboard gloves and baselayers. Curran's primary responsibility will focus on the direction,

RCC Report Shows BC is Strongest Retail Market in Canada

National retailers surveyed last week by
Retail Council of Canada point to British Columbia as their strongest market,
and say the back-to-school sales season has increasingly become
“back-to-serious…