SGB Update

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

Bike Industry Forms Women’s Coalition

In the midst of the busy Interbike Show, a group of spirited bicycle industry-related women are taking time out to meet other industry women, greet old friends and schmooze. The “Schmoozapalooza” will take place Thursday, October 7, 2004 from 5:30 to 7:30

West Marine Receives VICS Award

West Marine along with its trading partner 3M, recently was recognized by the Voluntary Interindustry Commerce Standards Association (VICS) for excellence in integrating the company's collaborative, planning, forecasting and replenishment operations.

Ibex Wins Guides Choice Award

IBEX Outdoor Clothing was awarded the American Alpine Institute (AAI) Guide's Choice Award. The award presentation took place on August 12, 2004 at the Outdoor Retailer Summer Market tradeshow in Salt Lake City, Utah.

Ultimate Direction Expands Sales Force

Ultimate Direction has appointed three new sales agencies and extended its Western sales representatives to endorse the worldwide brand. MJM Associates has been retained to represent the Carolina's south territory. Granite Marketing has been hired to

Outdoor Executives Gather in Oregon to Endorse Kerry

Senior executives from leading outdoor manufacturers, retailers and associations across the country gathered today to endorse Senator John Kerry for President and Senator John Edwards for Vice President. They announced their endorsement at a press confer

Callaway Will Miss Estimates; Suspends Future Guidance

Callaway Golf is suspending previously announced quarterly and annual earnings guidance in an effort to fully review the business given the appointment of its new CEO. Specifically, the company is re-evaluating the timing of new product launches and the s

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