SGB Update

Foot Locker, Inc. has signed a definitive agreement with Footstar, Inc. to purchase approximately 350 of its Footaction athletic footwear and apparel stores for $160 million in cash. The proposed agreement is subject to certain closing adjustments. The a

White Sierra is relocating its corporate headquarters and warehouse to Sunnyvale, CA, effective Monday, April 19. The move follows several years of growth and profitability for White Sierra, including the successful launch of a new, 2004 fall sportswear l

Phoenix Footwear Group announced the appointment of Gregg Jackson to Vice President and Brand Manager of the Company's Trotters® footwear brand. Greg A. Tunney, President and Chief Operating Officer of Phoenix Footwear Group, commented, “Gregg Jackso

Huffy has signed a definitive agreement for the sale of its services to retail segment, which includes Huffy Service Solutions, Creative Retail Services and Creative Retail Services (Canada) to National Product Services Inc., a portfolio company of H.I.G.

Huffy's preliminary first quarter sales figures are in line with expectations, but that initial income figures indicate that the loss for the first quarter will be higher than anticipated and significantly higher than the loss of $1.4 million or nine

Head N.V. reported that net revenues for the three months ended 31 March 2004 increased by 28.3% to $94.4 million compared to $76.6 million in the year-ago quarter. The company's net loss increased 46% to $14.4 million from a net loss of $9.9 millio

TransWorld SKATEboarding would like to welcome Giovanni Reda as the newest addition to the TWS staff. Giovanni comes on board as a field senior photographer. He's as well-known in the skate world for his innovative photos as he is for his East Coast

DuPont announced that KED Fiber Ltd. and KED Fiber, LLC, subsidiaries of Koch Industries, have advised DuPont that they intend to accelerate the closing of the sale of INVISTA(TM) to April 30, 2004. DuPont and the Koch companies also have agreed to an am

You have until noon today to get in your own bid for the assets of the Footaction chain after a the U.S. Bankruptcy Court judge gave his blessings to Footstar’s plan to liquidate the now 353 store chain. The field appears to be a bit narrower than many h

The dominoes keep falling into place at adidas-Salomon after the fall appointment of Erich Stamminger as CEO of adidas America. Jim Stutts, the former Asia chief who had moved back to adidas as interim CEO for North America after Ross McMullin’s leave of

Amer Group is looking for a new location for its Wilson Sporting Goods factory located in the Irvine Industrial Estate in England. The factory assembles golf clubs and also acts as the distribution center for the U.K. Amer also plans to lay off about 10%

Gildan Activewear was the first imprinted activewear firm in North America to be awarded the Oeko-tex Standard 100 certification for health and environmental sustainability.