SGB Update

Johnson Outdoors’ Board of Directors has approved a definitive merger agreement with JO Acquisition Corp., a newly formed entity established by Helen P. Johnson-Leipold, Chairman and CEO of Johnson Outdoors, and members of the family of the late Samuel C.

Delta Apparel, Inc. again counted on MJ Soffe for most of its sales increase — and just about all of its operating income — for the fiscal first quarter ended October 2, posting a 94.2% increase in net income for the quarter to $1.1 million, or 34 cents

Watermark made their pending move from Arcata, CA to Portland, OR official, shifting all corporate headquarters functions and the Landsports division north in early 2005, while leaving call center, credit collections, accounts receivable, IT, and HR funct

On the surface, it appears that Russell Corporation easily beat analysts’ consensus earnings estimates for the quarter, but the company saw a tax benefit of $4.5 million, or 14 cents per share in the quarter, which reduced earnings to $22.4 million, or 68

Columbia Sportswear continued to log double-digit gains in both net income and sales in the third quarter despite continued softness in the company’s U.S. Outerwear business. COLM said that consumers were shifting away from Outerwear and more toward their

We won’t need to hold a benefit for Jay Margolis, who recently resigned as president and COO at Reebok. In a recent SEC filing, Reebok stated that Margolis had resigned “with immediate effect” on 10/20/04 and that the departure would be treated as “termi

Amer Group reported that third quarter net sales declined 6.4% to €278.7 million ($340.8 mm) from €297.9 million ($335.6 mm) in the year-ago quarter. Net sales declined due to the withdrawal from the tobacco business in March. Foreign exchange rate mo

Aaron Feuerstein, former owner and CEO of Malden Mills, has made another bid to buy the company back from creditors and its largest shareholder, GE Capital, but the board of directors at Malden has subsequently turned it down. The board’s response has be

The Fitness Equipment business, which is built on the Precor platform, increased 19.3% to €50.1 million when measured in Euros, but jumped 29.5% to $61.3 million when measured in U.S. dollars. Third quarter EBIT for the division declined 44% to €4.2 mill

White Sierra has been targeting specialty outdoor retail accounts with a series of service initiatives over the past few seasons and has seen over 40 new specialty dealers join its retail base nationwide. This is in addition to the over 70 that joined for

The Nautilus Group continues on its three phase “turnaround plan”, which emphasized gaining control of the business, then stabilizing it, and lastly, moving back into growth mode. Gregg Hammann, chairman, president & CEO, said in a conference call with a