SGB Update

Nike Creates Marathon for Women

Nike has announced the creation of Nike 26.2, a marathon and half marathon for women to be run in San Francisco on October 24, 2004. The event will benefit The Leukemia & Lymphoma Society. Participants can train for the marathon through the Society's

TJX Appoints Group President to Oversee Bob’s Stores

The TJX Companies, Inc. has announced senior management changes that support the Company's ongoing growth plans. Among other promotions of senior management, Peter Maich has been promoted to Senior Executive Vice President, Group President. Mr. Maic

Cutter and Buck to Issue Dividend, Buy Back Stock

Cutter & Buck Inc. is starting a quarterly dividend and a stock repurchase program. The Board of Directors approved a dividend of $.05 a share, payable on April 9 to holders of record on March 26. The Board also approved repurchase of up to $6 million in

L.L. Bean Sets Record Revenue Level in Fiscal 2003

L.L.Bean reported net sales for the fiscal year ending February 29, 2004 increased 10% to $1.2 billion. The company also announced that its Board of Directors approved a cash award of 15% of annual pay to eligible employees, and cash gifts to recognize th

Shoe Carnival Q4 Earnings Fall 93% on 4.9% Sales Gain

Shoe Carnival, Inc. reported that net earnings for the fourth quarter ended January 31, 2004 were $113,000 compared with net earnings of $1.7 million in the fourth quarter last year. Diluted earnings per share were a penny per share compared with 13 cents

Dick’s Q4 Net Income Up 36% on 4.6% Comp Store Sales Gain

Dick's Sporting Goods, Inc. reported net income for the fourth quarter ended January 31, 2004 increased 36% to $26.0 million and earnings per share increased 22% to $1.00 per diluted share as compared to net income of $19.1 million and earnings per s

Sea to Summit and Black Diamond Sign Aussie Distribution Deal

Black Diamond Equipment has announced that effective July 1, 2004, Sea To Summit will become its official Australian distributor. Wishing to expand its presence to a greater number of selected Australian Retailers, this strategic business move will make a

Variflex Fiscal Q2 Loss Widens on Lower Sales

Variflex, Inc. reported reported a net loss of $826,000 or ($0.18) per diluted share, for the second fiscal quarter ended January 31, 2004 on net sales of $8.5 million, compared to a net loss of $670,000, or ($0.15) per diluted share, on net sales of $9.9

SRAM Completes Avid Acquisition

SRAM Corporation is pleased to announce the acquisition of Avid LLC. The acquisition by SRAM marks a major milestone for both SRAM and the Avid brand. “We are excited about the prospects” stated Stan Day, President and CEO of SRAM Corporation…

Spyder Signs on as Austrian Ski Team Sponsor

Spyder Active Sports, a leading technical ski apparel brand, has signed an agreement to be an official supplier to the Austria Ski Team. Spyder will outfit the Alpine team on a long-term basis, including the 2006 Winter Olympics in Torin, Italy. The team

Mossimo Sales Up, Income Down

Mossimo reported fourth quarter 2003 revenue increased 15%
to $3.0 million compared to $2.6 million for the same period last year. The Company reported fourth quarter 2003 net earnings of $693,000 compared to net earnings of $5.4 million for the same peri

Bell Canoe Stays Involved and Wins Vendor Award

Bell Canoe Works had a busy year in 2003 with community involvement, sponsorships, and awards. Meanwhile, the rapidly growing canoe and paddlesports accessory company continues construction on its new plant. Bell will move into its new home beginning in A

adidas-Salomon Q4 Net Declines 6.9% on Double-Digit Sales Decrease

adidas-Salomon reported the 2003 fourth quarter sales declined 4% on a currency-neutral basis “mainly as a result of unfavorable comparisons with the prior year period, where sales in North America and at TaylorMade-adidas Golf were particularly strong”.

Veltex to Acquire Embroidery Firm

Veltex Corporation has signed a letter of intent to purchase MKL, Inc., Anaheim, California, in a cash plus stock transaction. MKL, a private company, specializes in embroidery of logos and other designs on caps and garments for the promotional products i