SGB Update

Fenway Partners has completed its acquisition and merger of Bell Sports, which includes both the Bell and Giro brands of Bicycle and Snow Sports helmets, with Riddell. The new company produces more than eight million helmets annually and will have project

The Forzani Group Ltd. said heavy competitor discounting in the August/September BTS selling period impacted sales for the period, forcing Canada’s largest sporting goods retailer to revise its Q3 earnings forecast downward.
FGL reported that total retail

Specialized Bicycle Components Inc., in cooperation with the U.S. Consumer Product Safety Commission, has announced a recall of Allez Sport, Allez Elite, Roubaix, and Sequoia Bicycles due to a handlebar problem. The handlebar may loosen and turn unexpect

The previous owners of Kessler Team Sports have decided to forego a guarantee granted by new owner collegiate Pacific, instead deciding to retain the majority of the Collegiate Pacific shares issued and to release Collegiate Pacific from the guarantee…

Scheels All Sports has reportedly accelerated construction of its new 265,000 sf flagship store and corporate headquarters in Fargo, North Dakota, due primarily to a strengthening economy. Work on the $32 million project was to begin in a year, but will

Rocky Shoes & Boots, which now also owns the Gates Gloves business, said they expect third quarter earnings to increase approximately 22% to $50 million, while EPS are expected to meet analysts consensus estimate of 95 cents per diluted share, or a 23% in

The prognosticators were out in force over the last few weeks, making their predictions for the upcoming Holiday selling season. While most reports mention the obvious influence of higher gas prices, rising interest rates, and the Iraq war, none acknowle

The Forzani Group Ltd. reported that total system retail sales for the eight-week period “Back to School” period ending September 27, 2004 decreased 1.8 % over the prior year. Total comparable stores sales were $152.6 million, down 3.6% from the same peri

Shoe Carnival, Inc. has hired Ms. Myrna Reiss in the position of Vice President of Marketing. Myrna Reiss previously served for seven years as Vice President – Advertising and Marketing with Value City Department Stores, where she directed all marketing,

Pacific Sunwear of California Inc. reported that total sales for September 2004 were $98.9 million, an increase of 20.8% over total sales of $81.9 million for the year-ago month. September company same-store sales increased 9.8% on top of a 18.5% same-sto

Payless ShoeSource, Inc. reported that same-store sales decreased 6.5% during the September reporting period, the five weeks ended October 2, 2004. September same-store sales decreased 5.6% excluding the approximately 440
North American Payless ShoeSour