SGB Update

The Timberland Company reported that the total International business has exceeded a half billion dollars for the year to 40% of total sales and the brand drafted off of favorable winter weather in the Northeast U.S. in Q4 to post double-digit gains world

Johnson Outdoors has resolved an inquiry by the European Commission into trade practices in their ScubaPro/UWATEC diving division and has also been able to secure a restraining order to keep a former employee from going to work for a competitor…

Wolverine World Wide said that the Merrell business “had another phenomenal year” with sales for 2003 growing 20%, exceeding the company’s 15% growth plan for the brand for the year. Fourth quarter sales for the brand were described as growing at a “slig

Martin Coles has resigned as president of the Reebok Brand, citing personal reasons for his decision. Jay Margolis, president and COO of Reebok International Ltd., has assumed the daily responsibilities of leading the Reebok brand…

Dunlop Slazenger has reportedly been sold to Sports World International LTD, the owner of the Sport Soccer and Lilywhites retail chains with over 120 doors in the U.K. and 20 more in Ireland and Belgium…

Genesco Inc., parent company of the Journeys, Underground Station and Johnston & Murphy shoe chains, has acquired Hat World Corporation, parent of the Hat World and Lids headwear chains, in a deal worth $165 million, “subject to adjustment for changes in

Cornerstone Equity Investors will sell its investment in True Temper Corporation to company management and Gilbert Global Equity Partners and “related entities” in a deal that is expected to close “within the next 90 days”…

Shortly after recalling 420,000 of their Bowflex machines (see SEW_0405) Nautilus has decided to extend the warranty on all of the “Bowflex Power Pro” machines from five years to ten. In connection with the recall, the CPSC said that there were “59 back,

Tom Shine, currently Reebok’s SVP for Sports & Entertainment Marketing, is the latest to plead guilty in the federal probe of Just for Feet. The incident occurred when Shine was president of Logo Athletic, which filed for bankruptcy in 2000 and was acquir

The SIA.04 SnowSports Show wrapped up Thursday, January 29, at Mandalay Bay Convention Center in Las Vegas, and the phrase unanimously echoed throughout the hall was, “the best show in years”. Celebrating its 50th anniversary this season, SnowSports Indus

Obermeyer has announced the winners of this winter’s retail competition, which included categories for in-store displays and on-line clinic participation. Retailers from around the country submitted their most successful displays from the past year to be

Collegiate Pacific reported it's operating results for its three and six month periods ended December 31, 2003. The First half of the year showed net sales increased 23% to $10.2 million, operating profits increased 85%, pretax profits increased 183%

Reebok International president and chief operating officer Jay Margolis announces the appointment of Dennis Baldwin as the chief marketing officer for the Reebok brand. Baldwin, who had been the brand's senior vice president of global footwear since

The May Department Stores Company announced the retirement of two senior executives and the promotion of two other executives. Clarence O. (Bud) Reynolds, chairman of Lord & Taylor, and Kenneth L. Wilkerson, chairman of Hecht's/Strawbridge's, wi

Bite Footwear obtained an agreement with Superfeet to be the exclusive distributor of Superfeet insoles to the United States golf industry. The relationship between the two companies is a natural fit: both Bite and Superfeet focus on developing functional