SGB Update

Ashworth to Run Merchandiser Contest for Callaway Apparel

Ashworth, Inc. announced a call to their accounts to participate in the first annual Callaway Golf apparel Merchandiser of the Year Award. A National Callaway Golf apparel presentation contest will begin on March 1st with the winners being selected in mid

Huffy Q4 Loss Widens on Sales Decline; Will Make Gen-X Cuts

Huffy Corporation announced a net loss of $11.8 million or $0.74 per common share for the fourth quarter of 2003 compared to a loss of $4.2 million or $0.29 per common share reported in the fourth quarter of 2002. Net sales for the fourth quarter were $1

Oakley Snags 2.7 Million Fake Products

In its ongoing campaign to identify and aggressively pursue violators of its protected designs and trademarks, Oakley, Inc. highlighted the results of its 2003 anti-counterfeiting efforts.

Huffy Q4 Loss Widens on Sales Decline; Will Make Gen-X Cuts

Huffy Corporation announced a net loss of $11.8 million or $0.74 per common share for the fourth quarter of 2003 compared to a loss of $4.2 million or $0.29 per common share reported in the fourth quarter of 2002. The loss from continuing operations was $

GSI Commerce to Provide E-Commerce Services for Timberland

GSI Commerce, Inc. announced that its majority owned subsidiary, GSI-Chelsea Solutions, LLC, has been selected by Liz Claiborne Inc., The Timberland Company and Polo.com as the new e-commerce service provider for their e-commerce businesses.

Columbia Nabs Chinese Counterfeiters

Columbia Sportswear Company recently joined forces with southern Chinese authorities to raid a factory producing counterfeit Columbia Sportswear jackets. The recent raid of Lianxing Garments Company located in Zhongshan City, China is part of an aggressi

The Energy Comes Roaring Back in Footwear…

After comparing last February’s WSA show with a ghost town and characterizing the August event as more of a close-out inventory reverse auction than a trade show, we were pleasantly surprised to see the great energy coming from upbeat retailers and reinvi

Footstar Hints at BK to Jettison Debt…

Footstar’s sudden announcement last week that they may file for bankruptcy protection if they couldn’t sell off assets and/or get new financing had everyone scrambling on Thursday at the show. While we didn’t find any vendors that would readily admit tha

Mossimo Delays the Inevitable…

In June of last year, the Los Angeles Superior Court ruled that the finder's agreement between Cherokee Inc. and Mossimo Inc. was valid, ruling that Mossimomust pay Cherokee 15% of all monies received by MOSS from Target Stores pursuant to Mossimo&#0

Big 5 Sees a “Wonderful” Start in 2004…

Big 5 Sporting Goods is reportedly off to another good year after reporting its eighth straight year of comp store sales increase and its 32nd consecutive quarterly gain. Management characterized the start to 2004 as “wonderful” due to “favorable weather

VF Corp Again Taps Outdoor for Gains…

VF Corporation has identified the outdoor category as a key growth driver for the corporation and plans to “aggressively pursue growth” in the division through acquisitions as well as organic internal growth. Full year 2003 sales in the company's Ou

Dick’s Raise Guidance; Splits Shares…

Dick's Sporting Goods is again raising expectations for itself as well as the industry after reporting that total sales for the fiscal fourth quarter ended January 31 increased 20% to $474.4 million from with $395.2 million in the year-ago period. Co

Sport Supply Gets Lift from Asset Sales…

The November sale of the company’s Athletic Training Equipment Company division to Wilson Team Sports has enabled Sport Supply Group to post a net gain in earnings for its fiscal third quarter ended December 26.