SGB Update

Nike Updates Back Half Order Backlog Numbers

Nike, Inc. filed its fiscal 2004 10-K report on Friday, revising its futures backlog figures for shipment through November. The company pointed to strength in the U.S. and Asia markets that drove backlog up 11.3% to $5.6 billion, versus its previously

Spyder Acquired in $100 Million Cash Deal…

In a deal that has been in the works for several months, Apax Partners last week finalized its acquisition of Spyder Active Sports in a transaction valued at approximately $100 million, including assumption of debt. Apax is one of the largest private equ

Sport Chalet Expands Team Business; Posts Solid Q1…

Sport Chalet, the SoCal-based retailer that has built a business on a strong commitment to SnowSports, Outdoor, SCUBA, and other performance sports, has made the move to capture more of the team sports business. The retailer has acquired Bassco Sporting

Dick’s Closes Galyans Deal; Plans More Stores…

Dick's Sporting Goods completed its $362 million acquisition of Galyan's on Thursday via a deal structured as a merger. With the 48 Galyans doors, Dick’s now has 221 stores in 32 states and had combined sales of about $2.2 billion in the last f

Gravis Expands Management Team…

Gravis footwear has added three new Director-level employees as part of a new emphasis by the Burton senior management team on the division. Anne-Marie Dacyshyn is the new Director of Product Marketing, Jason Heffron is the new Director of Marketing Commu

Escalade Sports Drives Quarter Growth…

Escalade, Inc. relied heavily on its sporting goods division to help post a sales gain in the second quarter, but the net income increase produced by Escalade Sports in Q2 wasn’t enough to keep the company in the black…

Granite Gear Hires Hundley as New Sales Rep

Granite Gear has hired Clay Hundley as sales representative supporting the South Central U.S. region, including Texas, Louisiana, Arkansas, and Oklahoma. Hundley is the principal of New River Sales based in Houston, Texas…

Everlast Expands Russia License; Adds Apparel

Everlast Worldwide Inc. has signed another licensing agreement with Sparta Ltd., a sporting goods and apparel manufacturer and distributor based in St. Petersburg, Russia. Sparta will expand its Everlast products to include men's, women's, and

Sporting Goods Drives Escalade Q2 Sales Gain

Escalade, Inc. reported that second quarter net sales of Escalade Sports' sporting good products rose 15.9% to $30.6 million, reflecting the inclusion of the Bear Archery acquisition for the full quarter and the “return to more normal shipping patter

Russell Corp. Organic Sales Up 3%; Earnings Up 52%

Russell Corporation reported fiscal 2004 second quarter earnings of $10.2 million, or 31 cents per diluted share, versus earnings of $6.7 million, or 20 cents per diluted share, in Q2 2003. Excluding the 8.5 cents gain from the sale of its interest in Ma

Indigo Grows Across all Seasons

As Indigo Equipment prepares to introduce several new lines of summer-oriented outdoor gear at the Outdoor Retailer show, the two-year-old company is seeing solid results as its mix of products evolves: As of July, more than half of Indigo’s spring/summer